A memorandum of cooperation related to the IoT was concluded during CeBIT 2017 between the Alliance for Internet of Things Innovation (AIOTI) and the IoT Acceleration Consortium (ITAC), which consists of participants from Japanese industry, academia and government with the aim of facilitating global collaboration.

ITAC and AIOTI are desirous of working together to contribute to the creation and development of IoT industries. Overarching goal of this cooperation is to promote the digital economy by preventing fragmentation and harmonizing various aspects in the fields of IoT.