This document discusses the rise of connected, intelligent devices and the Internet of Things (IoT). It outlines how IoT will impact products and industries by: 1) Shifting the focus from physical products to embedded intelligence and services; 2) Expanding network intelligence through interoperability between connected things; 3) Extending product lifecycles through constant software/hardware evolution. It also promotes strategies and policies in Brazil to encourage IoT diffusion and describes how CESAR can help companies through various innovation services and resources.