The Smart M2M grids project is focused on creating enablers for a dynamic cyber-physical information business ecosystem connecting the physical world with the business processes of companies in real-time. The first goal is to connect physical world sensors, actuators and various embedded devices and machines (physical M2M objects) with IT systems automatically/ semi-automatically by applying and extending horizontal open standards based M2M infrastructures for communication and services. The second goal is to enable information management for embedded and distributed application for smart interaction with physical M2M objects and IT back-office systems. The third goal is enabling smart information exchange between selected business cases related to energy, buildings, transportation and consumer M2M products and services to make the future world smart, smooth and secure for consumers/prosumers. The resulting system is aimed at boosting transfer towards a more sustainable society and a novel real-time service economy within selected industrial business cases.