IIC Journal of Innovation | Page 65

IIC Testbeds – A Blueprint for Delivering Innovation and Ecosystems 2. THE CHALLENGES AND OBSTACLES FOR INDUSTRIAL IOT Rapid scale innovation in the Industrial Internet is currently being inhibited by a number of factors including:     The major barrier-to-entry for many innovators of the prohibitively high-costs of acquiring or leasing equipment infrastructure. Silo or niche-driven activities take place in laboratory environments that do not accurately reflect real-world conditions The difficulty in bringing the necessary cross-functional sector, domain and technological expertise together under ‘one roof’ Leaving the cyber security of Industrial IoT systems (which are critical in many use cases) uncertified and untested against a common, cross industry security reference Furthermore, analysis by IDC 1 states that success in the Industrial IoT sectors will only be achieved by engagement models that can foster and embrace the ecosystem approach and that the “onus is on the IoT ec