IIC Journal of Innovation 7th Edition | Page 12

I²M²—The Future of Industrial Internet Monetization Figure 6: Detailed IIoT System Business Structure (adapted from (IIC-IISF)) during manufacturing between all these Component Builders. Traditional payment methods do not guarantee that for example the software builder of the BIOS will receive the agreed amount for each sold desktop computer, as it really depends on the honesty of the computer desktop component builder. As shown in Figure 6, Components can be hardware, software or services that, for example, are running in the cloud. These Components are not just installed in the System, side by side, but may be embedded (or stacked) into each other. Think about a Component desktop computer which has a hardware component CPU board with another component CPU but also has software as firmware (BIOS) and probably access to a cloud service to update the BIOS, all typically delivered from different builders. Figure 7 shows the relationship between the three types of Components and the delivery and payment flow. The owner of this exemplary desktop computer does not see the complex money flow between the builders of all these Components but sees the paid amount for the computer when it is finally spread out IIC Journal of Innovation - 11 -