The Internet of Things (IoT) is a growing field which is expected to generate and collect data everywhere at any time. Highly scalable cloud analytics systems are frequently being used to handle this data explosion. However, the ubiquitous nature of the IoT data imposes new technical and non-technical requirements which are difficult to address with a cloud deployment. To solve these problems, we need a new set of development technologies such as Distributed Data Mining and Ubiquitous Data Mining targeted and optimized towards IoT applications.