UPS Market Vision July- High Tech | Page 8

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The Internet of Things (IoT) refers to the connectivity of the internet that has expanded to everyday objects and how it is incorporated in our daily lives.

According to a study by Cisco Research, only 26% of all surveyed companies are successful with their IoT initiatives.

Key Practices:

Collaboration between IT and the business

IoT Expertise: internal & external partnership

Technology-focused culture

START SMART!

The rise of connection between machines and people

IoT

INTERNET OF

THINGS