International Business Machines Corp. (IBM), Amazon.com, Inc. (AMZN) Making IoT Useful in Real Life

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International Business Machines Corp. (NYSE:IBM)  and Amazon.com, Inc. (NASDAQ:AMZN) have recently announced major steps in the Internet of Things domain which depict that how companies are betting big on a potentially trillion-dollar industry. International Business Machines Corp. (NYSE:IBM) announced that it is working on an open platform which will let the industry players to develop applications based on the Cloud. The company has pledged another $3 billion which will be invested over the next 4 years in the Cloud. Amazon.com, Inc. (NASDAQ:AMZN) and International Business Machines Corp. (NYSE:IBM) are scaling massively in their Cloud domains because the Cloud domain is a major stream of revenue. The Enterprise in the US and across the globe is migrating to private and public Cloud. The cross-platform support, data delegation, cost cutting and data availability of the Cloud are pushing more and more players in the related domains to move forward.

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In an article on Forbes, Dave Altavilla said that International Business Machines Corp. (NYSE:IBM) and Amazon.com, Inc. (NASDAQ:AMZN) products and announcement are making the Internet of Things more practical and useful in our daily lives. Amazon.com, Inc. (NASDAQ:AMZN) has also made a big move yesterday when it announced a Dash button, which will be placed on household items. Whenever the item is running out, you could press the Dash button to order the product from the Amazon.com, Inc. (NASDAQ:AMZN) store online. If you think the button was pressed my mistake, you could always cancel the order from a mobile app.

Recently International Business Machines Corp. (NYSE:IBM) and Amazon.com, Inc. (NASDAQ:AMZN) Cloud and Internet of Things announcement point to one fact: the next decade belongs to Cloud powered Internet of Things and connected homes.

Warren Buffett’s Berkshire Hathaway hold around 70 million International Business Machines Corp. (NYSE:IBM) shares.

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