IIC Journal of Innovation 2nd Edition | Page 48

The Emerging IIC Verticals Taxonomy Landscape 5. MOVING FORWARD WITH A COMPETITIVE ADVANTAGE Every ecosystem is defined by a taxonomy. If you do not have a common set of terms, it is hard to have a meaningful conversation or move projects forward without unacceptable miscommunication and rework as lack of clarity interferes with accuracy and succinctness. As the Industrial Internet Consortium ecosystem continues to grow in size and prominence, a common language and context for referring to the various contexts of that work is integral to understanding shared objectives. Therefore, the Verticals Taxonomy Landscape becomes an integral part of the IIC as a whole, reaching into other work in process almost unnoticed, but especially critical to future use case and testbed success. In today's globally and culturally diverse business environment, a Rosetta-Stone-like Vertical Taxonomy Landscape positions the IIC and its members as global thought leaders and provides a competitive advantage within the industry. 6. REFERENCES 1. Figure ES.3 – IHS Approach to Categorizing IoT Market Segments https://technology.ihs.com/api/binary/511702?attachment=true 2. IIC Use Cases: page 2 of IIC First Steps, 2014, https://www.iiconsortium.org/pdf/IIC_First_Steps_2014.pdf 3. How Vertical Markets will Drive Big Data, figure Big Data Investments by Industry http://www.datamation.com/applications/how-vertical-markets-will-drive-big-data.html 4. Beecham M2M/IoT Sector Map http://www.beechamresearch.com/article.aspx?id=4 5. Short-Range Low Power Wireless Devices and Internet of Things (IoT), Figure 2: Applications as vertical “silos” http://www.digikey.com/en/articles/techzone/2014/jan/short-range-low-power-wireless-devices-andinternet-of-things-iot 6. Vertical-Market http://www.iotm2mcouncil.org/imcverticalmarketchannels 7. Figure 2. [16-17-18]: WSN application, Journal of Networking Technology, Volume 4, Number 2, June 2013 http://www.dline.info/jnt/fulltext/v4n2/6.pdf 8. IOE Vertical Solutions http://www.slideshare.net/CiscoPublicSector/cisco-iot-for-hawaii-tech-day 9. Enterprise View of the Internet of Things, Supply Chain 247, IBM Gambles $3 Billion on the ‘Internet of Things’ http://www.supplychain247.com/article/ibm_gambles_3_billion_on_the_internet_of_things  Return to beginning of this article  Return to Table of Contents IIC Journal of Innovation - 47 -