This document discusses cyber physical systems (CPS), including key applications like healthcare, transportation, and infrastructure. It proposes an architecture for CPS with modules for sensing, data management, next generation internet connectivity, service awareness, application functions, and actuation. It also discusses security and privacy challenges for CPS given their integration of physical and computational systems. Open research challenges are presented in areas like QoS-aware communication protocols, resource management, power management, simulation tools, and testbed implementations.