Remote monitoring services are required to meet the very high demands on availability and efficiency of industrial systems. The fast evolution of technologies associated with the deeper penetration of Internet of Things in industry creates considerable challenges for such services. These are related to the whole data lifecycle, encompassing data acquisition, real-time data processing, transmission, storage, analysis, and higher added value service provision to users, with adequate data management and governance needed to be in place. The sheer complexity of such activities the need to ground such processing on sound domain knowledge emphasises the need for context information management. The aim of this paper is to survey and analyse recent literature that addresses internet of things context information management, mapping how context-aware computing addresses key challenges and supports delivering appropriate monitoring solutions.