The document discusses how open source will drive innovation in the Internet of Things (IoT) space. It notes that the current IoT ecosystem is complex with different vendors and technologies. However, an open source approach using open protocols, frameworks, and development tools can help create a larger third-party ecosystem and encourage more developers to build applications, helping drive further innovation. The Eclipse Foundation is working on several open source IoT projects to help establish open standards and an open development environment for IoT.