as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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what kind of impact does the internet of things (iot) have on businesses?
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the internet of things (iot) has a huge impact on businesses. it allows companies to gain insights from their connected devices such as smart sensors and analytics, resulting in better decision-making. iot also has the potential to streamline processes and create new opportunities for businesses by introducing automated processes based on data gathered from connected devices.
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