Jason Hope sees the Internet of Things (IoT), where numerous devices, such as fitness trackers, are connected to the Internet, as the means for businesses to gather a significantly increasing amount of data about their customers. As an entrepreneur, Hope wants to show companies how to extract real value from the enormous amount of data, which will help them formulate better business decisions.
In 2015, Hope predicted that consumers wouldn’t embrace total home connectivity en mass, which was correct, primarily because of the high cost. With paper-thin printed electronics becoming less expensive, companies will gather more data from a variety of everyday objects, and Hope, as a futurist, sees new ways to utilize the data effectively for more than inventory control.
Hope says that the IoT is here to stay, and forward-thinking tech companies should invest in it. To prove his point, Hope points to the International CES show in early 2016, where the IoT was the underlying theme. The auto industry is embracing driverless, connected cars, however, the health and wellness industry is where consumers already appear comfortable embracing connectivity. Hope predicts that the healthcare industry will utilize the IoT’s technology by helping physicians make better decisions about patient care using information from wearable devices.
When he is not busy formulating predictions about the future of the IoT, Jason Hope, who lives in Scottsdale, Arizona, supports a variety of local and international charities, including the Boys & Girls Club of Metropolitan Phoenix, The Mark Wahlberg Youth Foundation and the International Foundation for Education and Self Help.
Learn more about Jason Hope’s philanthropy.
He is also a major supporter of the SENS Foundation (https://en.wikipedia.org/wiki/SENS_Research_Foundation), which focuses on rejuvenation biotechnologies that address age-related illnesses. In 2010 Hope donated $500,000 to the organization, which allowed SENS to establish a laboratory at Cambridge. Since then, Hope has donated an additional $1 million and participated in SEN’s outreach programs.
Read more of Jason Hope’s IoT predictions here.