Each year, more devices are being connected to the Internet. This interconnection is leading to the development of a network called the Internet of Things (IoT). Although the term is new, the idea of IoT is not. According to technology experts such as Jason Hope, IoT provides devices with the opportunity to communicate with each other without human participation. This idea allows devices to run more smoothly and eliminate reliance on human, a critical factor in reducing the cost of operation.
Before adopting IoT, many business owners are usually curious to know if the move will lead to efficiency and productivity. According to Jason, an entrepreneur and philanthropist, the two aspects may not match the expectations of these owners since the technology is not fully developed. However, he predicts that IoT is the future of technology. With expectations that the return on investment will be high, many companies are expected to adopt IoT in the near future.
Despite many experts predicting that IoT is just a phase and will fade away. Jason is adamant that the idea is here to stay. He contends that the numbers of devices being connected to the IoT are increasing. Jason continues to assert that there are no signs of the trend slowing down anytime soon. He highlighted the trend where car manufacturers are building modern vehicles with such capabilities. Driverless cars are based on the idea of IoT.
Jason Hope shares his ideas through articles. His ideas are posted on renowned news websites where readers from around the world can access them. Through one of his articles, he praised how Kroger is using IoT technology to prevent wastage of food in their frozen section. The use of this technology in the kitchen and hospitality industry is also gaining momentum. According to Jason, businesses stand to save move then 15 percent if they use IoT in an appropriate manner. He notes that health trackers and smartphones are just a tip of the iceberg when it comes to IoT capabilities.
The philanthropist is also encouraging more entrepreneurs and students to join the IT world. The shrewd businessman understands that most of these individuals face the challenge of raising the cash to fund their ideas. To this end, Jason has established a grant where entrepreneurs and students can apply for financial help. The IT expert goes through the applications and picks the most promising ideas. He goes ahead to award successful entrepreneurs with grants.