IIC Business Strategy and Solution Lifecycle
1.
INTRODUCTION
Big challenges, potentially big rewards – this seems to be how many executives are feeling today
about the Industrial Internet. How to successfully develop and deploy the Industrial Internet of
Things (IIoT) and realize its true promise as an essential part of a value chain – new or legacy – is
a significant challenge. This challenge can be compared to those introduced by other disruptive
technologies since the Industrial Revolution.
To address this new IIoT challenge, the Industrial Internet Consortium (IIC) has established the
Business Strategy and Solution Lifecycle Working Group (BSSL W r