Let's Get Real.
Jason Hope is a futurist, entrepreneur, and philanthropist based in Scottsdale, Arizona. He is passionate about technology and empowering his community. Recently he shared his wisdom on the current status of the internet of things, IoT, and what to be aware of before making an investment in it. Such factors to consider before investing in IoT are below.
Firstly, examine the reality in numbers. The industry of the Internet of Things, IoT, is projected to hit the $7 trillion mark by 2020 with over 50 billion devices connected. The potential value of the growing industry is staggering. Secondly, it is important to analyze how businesses are dealing with privacy and security issues associated with IoT as these will be crucial in driving uptake trends and confidence in the technology.
Thirdly, there is an opportunity for all, but the smaller sectors carry a bigger risk compared to significant operations. Approach investments in smaller companies with extra caution. In addition, as the uptake of the technology widens, the options available to invest in also grow. Do your due diligence and diversify in a few substantial ventures. Not everyone who has his or her foot in it has a long-term strategy.
Lastly, keep the big picture in sight. IoT is here to stay and get better. It will also penetrate various aspects of our lives more than we know now. In other words, it is the technology of the future and will only grow bigger.
Jason Hope supports education to empower communities. His involvement in scientific research and biotechnology is extensive. Jason Hope donates to the SENS Foundation, a medical research non-profit organization developing rejuvenation biotechnologies to come up with anti-aging solutions as a treatment option.
Additionally, Jason Hope supports the Leukemia and Lymphoma Society and Arizona Science Center. Jason Hope is also associated with Tony Hawk Foundation, the Boys & Girls Club of Metropolitan Phoenix, The Mark Walberg Youth Foundation, the International Foundation for Education and many others.
Jason Hope is vocal about the technologies that will drive the future. He has spoken and written extensively on technology including IoT, messaging platforms of the future and living better healthier lives. He also runs a grant program for small technology startups to realize their potential.