Business Strategy and Innovation Framework
6 INDUSTRIAL IOT FOUNDATIONAL CAPABILITIES
The process of business model innovation relies on investing in capabilities across multiple initiatives with synergy effects .
The two foundational blocks are an IIoT Center of Excellence ( CoE ) and an IIoT platform .
6.1 INDUSTRIAL IOT CENTER OF EXCELLENCE
While not strictly required to launch IIoT projects on an individual scale , many enterprises will find it beneficial to develop an IIoT Center of Excellence ( CoE ). The goal is to create and govern a unified IIoT strategy within the organization and to ensure that knowledge of best practices can be effectively shared and leveraged across the entire organization . The scope of this CoE can encompass a wide range of activities , including :
� identifying and applying IIoT best practices , � enabling change management , � re-thinking business models , � managing human resources , � IIoT maturity assessment and � IIoT governance .
6.1.1 IDENTIFYING AND APPLYING IIOT BEST PRACTICES
Given that IIoT concepts are sufficiently new and different from ‘ business as usual ,’ enterprises may find it beneficial to implement or expand initiatives to track IIoT best practices . This should be configured as an internal CoE staffed with experts who ‘ live and breathe ’ IIoT concepts and are capable of guiding their peers in the wider enterprise . Typical functions could include :
Support : A CoE should support business lines in realizing opportunities through the provision of IIoT-specific consulting services . These services may include business case creation , project setup and IIoT project execution coaching .
Guidance : An CoE should help define the range of standards , methodologies , tools , and knowledge repositories required to support an enterprise ’ s overall corporate strategy . A number of these elements will be highly vertical-specific ; some of the more horizontal aspects could be standardized .
Shared learning : Training , certifications , skill assessments , team building and the formalization of roles are all established methods that can be applied to the development of IoT capabilities .
Measurements : An CoE should create IIoT-specific metrics and maturity models that help make the progress of the enterprise ’ s transformation more transparent .
IIC : PUB : B01 : V1.0 : PB : 20161115 - 35 -