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As the number of connected devices and sensors continues to grow at a rapid rate, huge amounts of new data are being generated, and analysis of this data is creating efficiency improvements in everything from traffic flow and healthcare to security and manufacturing. This growing network of devices and sensors is known as the Internet of Things (IoT), and many tech watchers are heralding the connectivity and data boom as the impetus for the next industrial revolution, as well as sweeping improvements to public and private life.

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IoT is already having an impact, but it's also still in the early phases of its evolution, and 2017 is on track to be a formative year for its progression. Click through the presentation below to learn about three trends that are shaping the future of the Internet of Things and what they could mean for companies including Cisco Systems (NASDAQ:CSCO), IBM (NYSE:IBM), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), and Amazon.com (NASDAQ:AMZN).