The document discusses leveraging open source technologies to accelerate product strategies for Internet of Things (IoT) projects. It advocates embracing open IoT standards to access a larger ecosystem, using open hardware to lower barriers to entry, and participating in open source software projects to build larger ecosystems and lower costs. The Eclipse Foundation is presented as a resource for open IoT projects through its IoT working group and projects that provide open protocols, frameworks, and tools to connect, manage and develop IoT solutions.