The document provides an overview of the VEDLIOT project focused on optimizing deep learning for the Internet of Things (IoT), detailing its hardware platform and standardization efforts. Coordinated by Bielefeld University, the project involves 12 partners and covers several use cases across industrial IoT, automotive, and smart home applications with a budget of approximately €8 million. It emphasizes the importance of a reconfigurable architecture for accelerators and compliance with regulatory constraints through its compositional architecture framework.