The document discusses oneM2M, an organization with over 200 member organizations that specifies and promotes a common service layer for M2M communication. It holds 6 physical meetings per year with around 100 attendees to produce technical reports and specifications. Release 1 was published in 2015 containing 10 technical specifications and 5 technical reports. The common service layer provides common functions across different application domains like home, automotive, health, and energy.