IIC Journal of Innovation 2nd Edition | Page 41

The Emerging IIC Verticals Taxonomy Landscape 1. INTRODUCTION Many of the ideas, concepts, models and technologies concerning the Industrial Internet are widely applicable across industrial sectors. The Industrial Internet, as described by the Industrial Internet Consortium's (IIC’s) Industrial Internet Reference Architecture is “an internet of things, machines, computers and people, enabling intelligent industrial operations using advanced data analytics for transformational business outcomes. It embodies the convergence of the global industrial ecosystem, advanced computing and manufacturing, pervasive sensing and ubiquitous network connectivity.” Howeve