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IBM announced the formation of a new business unit inside the company, dedicated to accelerating its leadership in the Internet of Things (IoT).

IBM estimates that 90 percent of all data generated by devices like smartphones, tablets, connected vehicles and appliances is never analyzed or acted upon. As much as 60 percent of this data begins to lose value within milliseconds of being generated. To address this challenge, IBM will announce plans to develop new industry-specific cloud data services, IoT developer tools and expanded ecosystem partnerships. 


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