The document discusses the Internet of Things (IoT) and governance implications from the perspective of the UK's Technology Strategy Board. It provides context on the Board and its IoT program, which includes a £5M investment and Special Interest Group. The Board conducted a consultation with over 400 businesses and academics across sectors. Key themes included open data/standards, interoperability, and barriers to innovation. Technical topics included data value chains, services, business models, privacy, and more. The document notes there is much still to be proven given the early stage of the IoT market and applications. It questions where governance could be most/least effective and how to account for the multiple perspectives of the IoT.