Jason Hope says that the technology of the internet of things is something of a catch in the new world of technology. Jason Hope adds that the internet of things will soon be common together with its connectivity. The digital advancement in technology has opened doors to new ways of things including new business models, new revenue streams, and new services. The rapid innovations are very impactive such that it is expected to raise the GDP of the world top economies to around $ 1.34 trillion by the year 2020.
Jason Hope is the expert in the field of the internet of things and has been researching and writing on the same for years. Jason Hope has been predicting the trend in the business area, and this has earned him the honor of a respected IT commentator and a technology investor. The Kroger’s implementation of the internet of things in systems controlling the temperature of their frozen food is taken as an example by Jason Hope of the future things that are about to become common to the world. By using such a system, the organization can save their money by mi minimizing losses and therefore create room for them to invest in new services for the customers. The customers also benefit neither from acquiring ice that is neither solid hard nor at the melting point.
Jason Hope’s whole vision is not solely placed on the internet of things, but also he is propagating his IT in the industry and funds human efforts that apply technology to better the lives of the people. For instance, he recently participated in funding SENS with half million dollars to enable them to advance the effort of the regenerative medicine to help fight diseases that come with age. The lifespan of the people today has been elongate through the breakthrough in the regenerative medicine.
The digital technology advancement has created opportunities in service that were never before. This is exemplified by the recent robust weather data that are provided by the IBM as they purchased the Weather Channel. The internet of things has enabled analysis of the cloud services for the IBM to give the real-time weather information output. A ripple of effect has arisen across the business through his innovations. Minute to minute weather information is significant to some businesses. For instance, home insurance companies can track storms and inform the homeowners on how to prevent their homes from possible damage from the storms. There is a double benefit as the homeowners can safeguard their property and in turn, the insurance companies reduce the cost of damage claims. This type of advancement encompasses real-time massive data processing using internet of things’ technologies such as artificial intelligence and the working together in harmony of all these things is what is referred to as interconnection.