The document discusses existing ontologies in the Internet of Things (IoT) domain. It identifies core concepts needed for an IoT ontology by defining competency questions using the 4W1H methodology. These concepts include sensor, platform, testbed, service, location, and context. The document then surveys existing IoT ontologies based on these concepts and how they address areas like sensor discovery, data description, capabilities, extensibility, and data access. It aims to identify gaps in current ontologies to help define a unified standard ontology for the IoT domain.