A Practical Framework To Turn IoT Technology Into Operational Capability
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The scenario-specific event stream has the specific data sources on the canvas and the business logic and orchestration is composed to transform the data into information that is integrated with existing asset management systems . The crew scheduling system is created in a BPMS solution that provides the system of differentiation and also manages the field service teams . This is depicted by the arrows from the smart integration block on the I2OC framework that extend to the systems of transaction and differentiation . Each of these are , in turn , mapped to specific business outcomes . It demonstrates an endto-end example of turning IoT technology into operational capability .
CONCLUSION
The Internet of Things ( IoT ) is quite often associated with thousands of smart devices and innovative sensors , blinking LED ’ s and data streams that provide gigabytes of data to smart IoT dashboards .
Business stakeholders and IT management currently differ in their perspectives on the success of IoT solutions , but the same Cisco survey found that more than 60 % of IoT projects do not move beyond the PoC phase . McKinsey research found that more than 70 % of their survey respondents identified the integration of IoT solutions with existing business workflows as a major capability gap .
The I2OC framework described in this article is based on the Industrial Internet Consortium ’ s IIRA that describes the complexity of industrial IoT solutions from business , usage , functional and implementation viewpoints . It provides a collaborative approach to define and agree on business outcomes , the business logic that will deliver the outcomes and the integration that turns IoT technology into operational capability .
Future work on the I2OC framework may include the expansion of the model to include perspectives from other initiatives such as Industrie 4.0 and the development of additional criteria around security and trustworthiness .
IIC Journal of Innovation - 47 -