Jason Hope’s vision about IoT

Isn’t it quite rare to find someone who is a futurist, an investor, a philanthropist and an entrepreneur? The most obvious answer to that question would be a yes, but still, there are some rarities like Jason Hope. He is based out of Scottsdale, Arizona and is very passionate about technology and how he could give back to the community to make it a better place than it was yesterday. He has a degree from Arizona State University where he majored in Finance and also has an MBA degree from the college’s W.P. Carey School of Business. Even though Jason Hope started his career in mobile communications space, he is more inclined towards investing in startups that have revolutionary ideas to change the world. Besides this, he has also developed some interest in politics in the recent times.

One of the most revolutionary concepts Jason Hope talks about is the Internet Of Things, commonly called as IoT. He says that more and more technological advancements are being focused towards a wireless form of communication and that by the year 2020, it is estimated that there would be close to 25 billion things talking to each other. He mentions how wireless technology has impacted the automobile, medicine and even toothbrush industries. One of the key components of IoT is the Bluetooth beacon technology which has made it possible for objects to have a communication with individuals.

Jason Hope mentions that this amazing form of technology uses a transmitting device called beacon which is just there to gather and relay information and they are so small that you could imagine them getting glued to almost anything without an issue. He says that how top executives in the airline industry are paying so much attention to it as it not only facilitates their business operations in a lot smoother way but also enhances the overall customer experience. In fact, he mentions that more than 35% of the airline budget is being directed towards research and development activities relating to the Internet of Things and close to 58% of the companies have their eye on it to implement within the next three years.

Jason Hope strongly believes how IoT could become central to the airline industry within the next few years and it is just a matter of time how we could perceive the overall airline experience in a much different way. IoT, therefore, could not be perceived merely as a piece of fiction anymore.

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