Business Strategy and Innovation Framework
Opportunity evaluation develops an acceptable business case and implementation risk profile . This step considers adapting investment decisions to handle a first wave of IIoT applications , followed by a flow of second- and subsequent-generation application opportunities .
Opportunity initiation addresses the challenge of structuring internal execution capabilities in a way that allows deploying IIoT hardware , and software and service delivery specialists as effectively as possible . This stage considers takes account of the cultural implications of multidisciplinary project teams .
This overall process of transitioning from strategy and IIoT project selection to execution rests on two foundational elements : an IIoT Center of Excellence ( CoE ) and an IIoT platform .
Businesses will find IIoT concepts different from ‘ business as usual ’ activities , forcing them to make use of new pools of expertise . To do this , some enterprises may augment internal skills with IIoT partner ecosystems formed by large industrial players . Others will see value in establishing their own COE to leverage expertise across multiple applications and business units , apply consistent change-management techniques , evaluate implementation projects both internally and among competitors and implement best practices .
The second element of the implementation framework is to acquire an IIoT platform capability . This corresponds to the technical systems that provide the enabling services necessary to deliver IIoT applications . Examples of such services include connectivity management , device management and IIoT application enablement .
Not all enterprises can justify the level of commitment in dedicated personnel and investment to own their own IIoT platform . Many will share infrastructure to benefit from economies of scale . Over time , enterprises will share application-enabler resources and data with the aim of driving IIoT service innovation through economies of scope . Technology and standardization choices play a greater role in IIoT platform selection where enterprises are making strategic investments as distinct from experimental or pilot evaluations .
IIC : PUB : B01 : V1.0 : PB : 20161115 - 11 -