IIC Journal of Innovation | Page 55

IIC Business Strategy and Solution Lifecycle Figure 9: Agile IIoT Project Organization [EIoT15] Validation & Improvements The last part of the Business Solution Lifecycle Management is Validation & Improvements. Especially in a highly complex and dynamic environment like the IIoT, this part ensures ongoing solution optimization. The Validation & Improvements part consists of two pieces (see Figure 10):   Business Model Validation & Improvement: This part focuses on all aspects of monitoring the financial and strategic KPIs of the solution, measuring overall IIoT maturity, and implementing corrective actions, if need be. Solution Validation & Improvement: This part focuses on monitoring and improving the performance of the solution from the perspective of functionality, non-functional Service Level Agreements (SLAs) and Service Level Objectives (SLOs), as well as other system characteristics like security, reliability and resilience. - 54 - December 2015