The Arrowhead Tools project aims for digitalisation and automation solutions for the European industry. An efficient IT/OT integration will be established by introducing new technologies in an open source platform for the design and run-time engineering of IoT and System of Systems. This will make it possible to reduce the engineering cost by 40% to 60% and the technological readiness level TRL7 will be reached for the run-time system and the related engineering tools. ifak will develop a core component of the framework within this project. It is a service, which can be used to acquire, manage, compute and evaluate IoT data. Thus, proprietary data acquisition sytems are no longer needed.