Six Effects of the Internet of Things on Commerce

Internet of Things (IoT) is a common term in the world of technology and refers to the various devices that have internet access. With the internet, the world has become more advanced, and business has been enhanced through the ease of sharing information. Jason Hope, a tech savvy looks at some of the ways that IoT has affected business.

New Ways of Accessing Data

Data has always been vital to any business. The process of extracting, analyzing, and using this data in the past was cumbersome. However, the process has become much easier than ever before thanks to IoT.

New Ways of Checking Records

A few decades ago, the process of tracking inventory was very painful for many managers. There was no other way of achieving this except by doing it manually. But with the coming of technology, there are thousands of programs that can be used to track inventory faster and more accurately.

Home-Based Jobs

Previously, it was not possible for one to work for a company without going to the office. Today, one can accomplish various tasks such as providing customer care services from the comfort of their homes.

Easy Access to Products

In the past, one had to travel to a shopping center to get a commodity. Today, courtesy of the internet, one can search for a product online and pay for it delivery without making any movement, and resume him.

Increased Productivity

The internet has made it faster to perform various functions in any business. Consequently, a few people can do a job that was previously done by more people.

It has Addressed Consumer Needs

Due to the many benefits linked to IoT, now consumers want more of it. With the internet, business owners can now provide personalized services to their clients.

About Jason Hope

Jason Hope is an American businessman, futuristic and philanthropist. He lives in Scottsdale, Arizona and is known for his love for technology and anything related to it. He joined the Arizona State University and graduated with a degree in finance. He then entered ASU’s W.P. Carey School of Business for MBA.

Experience

In 2004, Hope started a mobile technology company. The company has its main offices in Scottsdale Arizona. In addition, he has invested in other businesses that are closely linked to technology and information. He has been seen providing mentorship to high school students, and Jason Hope on Facebook.

Philanthropy

Hope is a well-known philanthropist. In December 2009, he pledged to give $500,000 to SENS Foundation. The money was to be used in the research on rejuvenation technologies and how it can be used to fight age-related diseases, and https://technewsspy.com/2017/08/08/connectivity-for-life-jason-hope-predicts-the-future-of-the-internet-of-things/.

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