1 Surprising Internet-of-Things Stock to Consider for Your Portfolio

With 3 million connected cars on its network and an expectation of connecting 10 million more by 2017, AT&T (NYSE:T) is driving innovation in the auto market. And with a presence in over 30 devices from 13 companies -- more than any of its competitors -- AT&T has established a strong presence in the connected devices market. But it's the applications to industrial operations that round out the company's surprisingly vast Internet of Things (IoT) presence.

Industrious expansion of IIoT
In addition to dominating the consumer market, AT&T is committed to expanding its presence in the Industrial Internet of Things (IIoT). Otherwise known as machine-to-machine (M2M) communications, the IIoT, according to AT&T, has a use in every industry, from aviation to logistics. AT&T's M2X Data Service platform is the base-level solution for customers looking to leverage the power of IIoT.

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