Business Strategy and Innovation Framework
1 OVERVIEW
1.1 INTRODUCTION
This document is a deliverable of the Business Strategy Task Group, within the Industrial Internet Consortium’ s( IIC) Business Strategy and Solution Lifecycle( BSSL) Working Group.
It provides a high-level identification and analysis of issues that an enterprise will need to address in exploiting Industrial Internet of Things( IIoT) concepts for commercial( or other) gain.
1.2 PURPOSE
Because uncertainly and flux characterize much of the IIoT market, the primary objective is to act as a reference document for any enterprise planning to engage with IIoT concepts. The adoption of frameworks and concepts documented herein accelerate gain by de-risking any decision to deploy IIoT technologies. Accordingly, this document provides a single-source compendium of the issues and challenges to consider before deployment of IIoT initiatives.
The secondary objective is to be a touchstone reference document that defines the scope of work and remit for the Business Strategy Task Group.
1.3 SCOPE
Of necessity, the scope of this document is wide ranging and high level. Subsequent documents to be published by the Industrial Internet Consortium over the coming months will build on this document incrementally. Specifically, they are likely to take one of two forms:
Detailed documents that unpick and analyze major business strategy to provide greater insight into topics identified within the scope of this document, while being consistent with the overall approach and framework.
Action-oriented documents that highlight ' next steps’ for organizations considering deploying IIoT initiatives that build on the broader analysis here and in subsequent detailed publications.
1.4 STRUCTURE
While IIoT projects are in many ways quite similar to traditional systems integration projects, there are significant differences. We emphasize those differences here, including sections on:
� Market context, � IIoT strategy, � IIoT business model innovation and � IIoT foundational capabilities.
IIC: PUB: B01: V1.0: PB: 20161115- 7-