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Verizon (NYSE:VZ) is America's largest wireless carrier, but a tough competitive outlook for the phone business has the company looking to new growth avenues outside of its core business. One of its biggest bets is on the Internet of Things (IoT) -- a trend that is bringing as growing number of connected devices together and generating huge amounts of new data. 

Click through the presentation below to get up to speed on Verizon's IoT ambitions and learn how the company is playing a role in shaping one of tech's most important trends.

Keith Noonan has no position in any stocks mentioned. The Motley Fool recommends Verizon Communications. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.