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The Internet of Things (IoT) is experiencing fast adoption in the society,from industrial to home applications. The number of deployed sensors andconnected devices to the Internet is changing our perspective and the way weunderstand the world. The development and generation of IoT applications isjust starting and they will modify our physical and virtual lives, from how wecontrol remotely appliances at home to how we deal with insurance companies inorder to start insurance schemes via smart cards. This massive deployment ofIoT devices represents a tremendous economic impact and at the same time offersmultiple opportunities. However, the potential of IoT is underexploited and dayby day this gap between devices and useful applications is getting bigger.Additionally, the physical and cyber worlds are largely disconnected, requiringa lot of manual efforts to integrate, find, and use information in a meaningfulway.  To build a connection between the physical and the virtual, we need aknowledge framework that allow bilateral understandings, devices producingdata, information systems managing the data and applications transforminginformation into meaningful knowledge. The first column in this series in theprevious issue of this magazine titled "Internet of Things to Smart IoT ThroughSemantic, Cognitive, and Perceptual Computing," reviews IoT growth andpotential that have energized research and technology development, centered onaspects of Artificial Intelligence to build future intelligent system. Thiscolumn steps back and demonstrates the benefits of using semantic webtechnologies to get meaningful knowledge from sensor data to design smartsystems.

Building the Web of Knowledge with Smart IoT Applications (Extended Version)