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The article firstly analyzes the history and concept of internet of things (IOT) and discusses in depth the contents of IOT. Secondly it introduces the system architecture of China Communications Standards Association for IOT and offers the model. It introduces the key technologies in the development of IOT mainly- wireless sensor network technology, core bearer network communication technology and Intelligent Data Processing. Finally, this article proposes several suggestions to application strategy and design according to the current state of IOT.