The document discusses interoperability on the Internet of Things. It describes a project to break down vertical silos in M2M systems by implementing open standards like HyperCat that make APIs and services machine-discoverable. This allows applications to work across different services without custom integration. The document also outlines ongoing work by 1248 including the Geras IoT data streaming and storage platform that uses the SenML format and supports MQTT, HTTP, and metadata search.