IIC Journal of Innovation 13th Edition | Page 55

What’s New at the IIC: Reimagining Business and Industry “Testbed learnings that pertain to IIoT development and deployment are often seen as by-products of a testbed,” said Chaisung Lim, Chairman of Korea Industry 4.0 Association/Konkuk University and one of the lead authors of the whitepaper. “We call them IIC ‘horizontal learnings’ and these provide valuable insights on how to deploy IIoT, or utilize emerging technologies such as AI or digital twins, especially when correlated or reinforced by other testbeds.” Typical horizontal challenges shared by many testbeds include: • • • • Project initiation – approaching management for funding an IIoT project IT/OT mismatch – dealing with the cultural and human differences in IT vs. OT Human factors –managing people’s concerns about IIoT pilot/project risks and fears about job relevance Other typical roadblocks – determining the IIoT technologies appropriate for the deployment context, dealing with limited resources, an uncertain timeline, disruptive trials in production environment, integrating a diverse set of technologies and standards and developing analytics models without a large quantity of data, among others. Digital Transformation The Industrial Internet Consortium ecosystem is your complete resource for all things related to Digital transformation. IIC members are building and creating capabilities that did not exist before and are integrating or retrofitting existing solutions with new capabilities that will integrate them with frameworks for the future. In today’s climate, a business may take on digital transformation for several reasons; but by far, the most likely reason is that it is essential for growth and survival, and they are prioritizing accordingly. The digital transformation of industries represents a huge opportunity to create value for both industry and society. Rapid advances in digital technology are redefining our world—and in today’s environment of the COVID-19 pandemic, our culture. You cannot stop natural progress, so you might as well embrace it—or for the foreseeable future, at least acknowledge it from within your local Center for Disease Control’s six-feet of social separation guidelines. Charles Darwin may have said it best: “It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is most adaptable to change.” 51 March 2020