If you’ve read any articles concerning the “Internet of Things”, it will likely sound like science fiction. It’s basically an expansion of the Internet that facilitates a world of automation, that at one time was previously reserved for Hollywood blockbusters and best-selling novels. So what exactly is “The Internet of Things? It’s technology that makes it possible to connect nontraditional devices to the Internet; this means that the Internet is no longer relegated to just computers and smartphones. It’s now being used in cars, appliances, and even airplanes. What was once considered the product of someone’s overactive imagination, is now becoming a reality. How does this technology work? It’s based on the best Bluetooth technology used in phones and tablets; the technology allows objects to communicate with each other, and with people. The airline industry is quickly taking notice of this trend, and is capitalizing on it; for example, Virgin Atlantic’s Boeing 787 is using this technology to continually collect and analyze real-time data and communicate this information to ground staff. This allows mechanics to be aware of any possible problems and, if needed, have replacement parts ready prior to the plane’s landing; this goes a long way towards reducing downtime and also improves efficiency.
This technology is gaining so much momentum, that it has captured the attention of futurist Jason Hope writes. In an article by (a user-generated content platform for entrepreneurs), Jason recognizes the viability of this new technology and describes the benefits of IOT, which is an acronym for “Internet of Things,” as a tremendous benefit to the airline industry. Jason also claims to own a pair of running shoes that utilizes this same technology; it tracks his fitness progress and provides him with a first-hand account of what’s possible with this new technology. In addition to being a futurist, Jason is also an entrepreneur, philanthropist, and investor. It’s not immediately clear if he intends on investing in this technology, but he admits to being excited about the direction that it is heading towards.
Jason is passionate about technology and is prepared to invest in ideas that capture his attention. He holds a degree in finance from Arizona State University, as well as an MBA from ASU’s W.P Carrey School of Business. He has a penchant for seeking out great opportunities, not only for himself but also for up coming entrepreneurs. He has a grant program, where he carefully selects a business idea that he is interested in backing, and brings it from concept to reality. The future of technology is moving at a lightning pace, and Jason Hope is definitely keeping up with it. Learn more .