Jason Hope has made a name for himself for a bunch of different things in the technological world. To start with, he is the founder of Jawa — a mobile communications company that has been so successful he has been able to back off and focus on other ventures. Thanks to Jawa’s success, Hope has begun to focus on his work as a venture capitalist. Among his new potential interests is this new concept called the Internet of Things. The Internet of Things has been building buzz for the better part of the last couple of years but now it is finally breaking into mainstream. So, what is Internet of Things? Why does Jason Hope believe in it?
The Internet of Things is a broader term that is used to define all the technology that syncs with one another and, typically, the internet. Imagine each individual item in your home connected to the internet and interfacing with a broader network. This is the Internet of Things in action. The Internet of Things offers massive potential for future endeavors because it fundamentally can change the way that we are living our lives. Jason Hope, a futurist and technologist, has always been focusing on looking ahead of the curve in order to keep in front of his competition. His eyes are locked in on the IoT now.
The more common places to see the Internet of Things in action right now are typically within the entertainment field. From wearable technology to smart TVs, the Internet of Things is starting to make an impact at least on one broad level. While entertainment is the fundamental engine of progress for technology, Hope believes that it is not the primary place that the IoT will be making its impact. In fact, Hope is looking to even bigger things with his thoughts on the IoT.
Hope believes that the Internet of Things is going to be so efficient and so effective that eventually major companies are going to turn to it in order to merely keep up with the demands of their customers. The Internet of Things is, as Hope predicts, going to shift away from simple entertainment and turn to borderline necessity. This means that we are going to see the Internet of Things become an integral part of our day to day lives. We can see this happening in fields of home security, public transport and even modern medicine.
The Internet of Things is a niche product at this point, that is understood, but there is change in the air. Hope is advising major companies to get in on the ground floor in order to enjoy the profits that comes from staying ahead of the pack.