IIC Journal of Innovation 2nd Edition | Page 43

The Emerging IIC Verticals Taxonomy Landscape Figure 6 illustrates one method for evaluating whether a use case or system is “Industrial Internet” As IIC members share use cases, testbeds and anecdotes, a well-defined Verticals Taxonomy Landscape will help IIC members and other organizations within vertical industries to define requirements, identify opportunities, avoid duplicating efforts and efficiently contribute to the work of the IIC. 4. THE EVOLUTION OF THE VERTICALS TAXONOMY LANDSCAPE The IIC Verticals Taxonomy Landscape is a two-layer industry classification comprising sectors and verticals. A sector is a logical grouping of verticals. Existing regulations, standards, funding and even companies are organized by sector and vertical, and that business context is necessary for IIC technical work and in communicating about that work to others. The Industrial Internet Classification is a way to show how Industrial Internet requirements are similar between economic environments and the ways they differ. The purpose of the industrial classification is to:  produce a set of common definitions of sectors and verticals by explicitly describing the rules for grouping, where that’s necessary (e.g. a crude oil pipeline is part of the Transportation sector because it deals with transporting crude oil),  enable gap analysis by indexing Industrial Internet use cases, testbeds and anecdotes used in technical reports. (e.g. “the IIC is currently lacking enough agricultural use cases”) and - 42 - June 2016