IIC Journal of Innovation 4th Edition | Page 24

S POTLIGHT ON THE B USINESS S TRATEGY AND S OLUTION L IFECYCLE W ORKING G ROUP The Business Strategy & Solution Lifecycle Working Group (BSSL WG) provides guidance and best practices for all aspects of developing and operating an Industrial Internet solution: business model changes, business-case creation, project team priorities, architecture design, technology selection, implementation, testing, rollout, process re-engineering and operations. The goal of BSSL WG is to help companies leverage the potential of the Industrial Internet, increase return on investment, manage project risks more efficiently, and establish a foundation for evaluating solutions and ensuring their compliance to business or regulatory requirements. Its activities fall under four major themes:  Business Strategy & Planning  Industrial Internet Solution Design  Industrial Internet of Things (IIoT) Project Management  Metrics and Measures The objectives and goals of BSSL WG build upon and complement the results delivered by other Industrial Internet Consortium (IIC) Working Groups. The focus of BSSL WG is illustrated in Figure 1, below. Figure 1: The focus of BSSL WG In developing deliverables and contributions in the above scope of activities, the group also collaborates as appropriate with the other Working Groups, as well as end-user organizations and liaisons. It will collaborate with 3rd parties as appropriate in order to promote and apply any IIC Journal of Innovation 23