IIC Journal of Innovation 2nd Edition | Page 45

The Emerging IIC Verticals Taxonomy Landscape This classification also helps identify verticals markets that can be used to organize and discuss technical requirements. A vertical is a market in which vendors offer goods and services that meet a particular set of usage, technical or regulatory requirements.  Both use cases are Industrial Internet use cases.  Therefore, Medical Devices and Home Healthcare are Industrial Internet Verticals.  Medical Devices and Home Healthcare are both in the Healthcare Sector because they both "deal with the maintenance and improvement of physical and mental health, especially through the provision of medical services." Figure 4: The organization scheme of the Verticals Taxonomy Landscape in regards to its application to two existing IIC use cases. Figure 4 (above) shows the organization scheme of the Verticals Taxonomy Landscape in regards to its application to two existing IIC use cases. Theoretically, use cases within a vertical will share requirements, but that is not always the case. For example, the healthcare sector has many verticals such as medical devices (see: IIC UC0016) and home healthcare monitoring (see: UC012). As another example, the IIC Safety Task Group may choose 4-5 “safety critical verticals” that will sufficiently cover the safety requirements that might arise in the Industrial Internet. Table 1 below, is an initial set of the Verticals for the identified Sectors. - 44 - June 2016