Business Strategy and Innovation Framework | Page 47

Business Strategy and Innovation Framework
Annex C GLOSSARY
Industrial Internet Consortium( IIC) an open membership, international not-for-profit consortium that is setting the architectural framework and direction for the Industrial Internet. Founded by AT & T, Cisco, GE, IBM and Intel in March 2014, the consortium’ s mission is to coordinate vast ecosystem initiatives to connect and integrate objects with people, processes and data using common architectures, interoperability and open standards.
Industrial Internet of Things( IIoT) describes systems that connect and integrate industrial control systems with enterprise systems, business processes and analytics. Note 1: Industrial control systems contain sensors and actuators. Note 2: Typically, these are large and complicated systems.
Industrial Internet of Things( IIoT) Application describes an instance of an IIoT system deployed for a specific identified purpose
IIC: PUB: B01: V1.0: PB: 20161115- 47-