Business Strategy and Innovation Framework
1 OVERVIEW
1.1 INTRODUCTION
This document is a deliverable of the Business Strategy Task Group , within the Industrial Internet Consortium ’ s ( IIC ) Business Strategy and Solution Lifecycle ( BSSL ) Working Group .
It provides a high-level identification and analysis of issues that an enterprise will need to address in exploiting Industrial Internet of Things ( IIoT ) concepts for commercial ( or other ) gain .
1.2 PURPOSE
Because uncertainly and flux characterize much of the IIoT market , the primary objective is to act as a reference document for any enterprise planning to engage with IIoT concepts . The adoption of frameworks and concepts documented herein accelerate gain by de-risking any decision to deploy IIoT technologies . Accordingly , this document provides a single-source compendium of the issues and challenges to consider before deployment of IIoT initiatives .
The secondary objective is to be a touchstone reference document that defines the scope of work and remit for the Business Strategy Task Group .
1.3 SCOPE
Of necessity , the scope of this document is wide ranging and high level . Subsequent documents to be published by the Industrial Internet Consortium over the coming months will build on this document incrementally . Specifically , they are likely to take one of two forms :
Detailed documents that unpick and analyze major business strategy to provide greater insight into topics identified within the scope of this document , while being consistent with the overall approach and framework .
Action-oriented documents that highlight ' next steps ’ for organizations considering deploying IIoT initiatives that build on the broader analysis here and in subsequent detailed publications .
1.4 STRUCTURE
While IIoT projects are in many ways quite similar to traditional systems integration projects , there are significant differences . We emphasize those differences here , including sections on :
� Market context , � IIoT strategy , � IIoT business model innovation and � IIoT foundational capabilities .
IIC : PUB : B01 : V1.0 : PB : 20161115 - 7 -