The Internet of Things, mostly known as IoT, has been a hotly contested debate among technology enthusiasts. It refers to gadgets and other objects, which can connect to the Internet in order to gather, send, and store data. Objects that can connect to the Internet form part of IoT. Apart from smartphones, products like fitness trackers and driverless smart cars form an essential part of the Internet of Everything. Ambitious technologists, such as entrepreneur Jason Hope, are leading the revolution of IoT.
Transforming the business sector
IoT has started fostering business growth by changing the way people do business. Many consumers consider this innovative technology as being mainly for entertainment. However, futurist Jason Hope believes IoT will cause tangible impact across broad range of sectors and fields. For example, many firms that will focus on manufacturing Internet-connected devices will emerge. Even at the early stages of this technology, many people and businesses are already feeling its impact. Its impact in the future can only be imagined.
Today, there are approximately 15 billion devices with the ability to connect to the Internet. Every year, this number increases tremendously. Hosts of studies have projected that by 2020, there may between 50 and 70 billion Internet-connected devices and objects. Jason Hope calls for all businesses and ambitious entrepreneurs to put their money in IoT at this early stage. He is confident that those who invest in this technology now will reap massive profits in the future.
Jason Hope in brief
Hope runs several businesses in Scottsdale. The Arizona-native concentrates on coming up with unique strategies for using biotechnologies, such as IoT, to deal with age-related diseases. He donated a whopping $500,000 to the well-known SENS Foundation to finance its projects that seek to promote, create, and avail biotechnologies that can fight age-related complications effectively.
Other than his many well-performing businesses, Jason Hope is a prominent community leader and enjoys giving back. He has become popular due to his numerous philanthropic activities and willingness to support important causes. He came up with a grant program that helps high school entrepreneurs to venture into businesses of their choice.
Academics and early career
Jason Hope got his finance degree from the critically acclaimed Arizona State University. He enrolled for an executive MBA at W.P. Carey School of Business, and two years later, he graduated. Hope started his profession by opening a mobile communications firm. Today, he specializes in charity work, biotechnology, and incubating startups.
Advice to young entrepreneurs
Jason Hope boasts many years of entrepreneurial experience. Therefore, apart from giving grants to new entrepreneurs, he also loves to advise them. He tells them to commit their energy towards completing one task at a time.