Jason Hope has made a great reputation as a skilled futurist with his clear understanding and passion for technology. He uses these two aspects to watch the technology industry keenly and predict where its future is heading.
Based on today’s technological trends, Jason believes that the Internet of Things (IoT) will in future become a core player. This is in regard to the high and increasing devices that are getting connected. This insight and advice will be helpful to the modern individuals and businesses looking to exploit this new technology in future.
Companies are banking on IoT to fuel their Growth
Announcements made recently stating that more companies are looking at Internet of Things (IoT) as a way of fueling their growth could signify that the new trend is catching up. It has been touted as the next big thing among the fast growing entities in the international economy. The future lies in connected technology with projections showing that it will be worth billions of dollars by the year 2020. Already there are several companies that are making strides to ensure that they get a bite of the pie when the IoT changes land into the market with the full force.
Silicon Laboratories is one of the earlier mentioned companies that are placing their hopes on IoT to intervene in their growth strategies. The company has a huge experience in the field of integrated circuits and is banking on the hope of providing services to companies looking to change to IoT. There are early indications that embracing and investing in IoT is already paying off, according to Motley Fool’s Dan Caplinger.
An interesting fact is that most Silicon Labs investors were expecting a decline as the fourth quarter came to a close but only a small drop was experienced on the contrary. Silicon Labs experienced growth in the third quarter especially in the segment of Internet of Things. The company gave highlights on some IoT that include home-reference designs making it easier to link with the home automation technology and home remote controls that are voice-enabled for use on entertainment systems.
About Jason Hope
Jason Hope can best be described as an entrepreneur, investor, philanthropist and futurist based in Scottsdale, Arizona. He is popular due to his passion for technology as well as giving back to the community. Jason Hope grew up in Tempe and attended the Arizona State University where he graduated with a degree in Finance and later an MBA from the W.P. Carey School of Business (ASU).
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