a slide summary of the document 2016, "The Industrial IoT: Business Strategy & Innovation Framework", The Industrial Internet Consortium, www.iiconsortium.org

1. Start Strategic Discussions
• How compelling is IIoT to our business?
• What-if we connect our product/services to the IIoT? (what
if we don’t)
Systemic Portfolio Management
• Team & Ecosystem
• Director plan
• Tools, methodologies, KPIs
• Progress, revision, iteration, control
1. STRATEGY
3. FOUNDATIONAL CAPABILITIES
Center of Excellence
• Identify & implement best practices
• Change management
• Re-think your business models
• Talent management
• IIoT maturity assessment
• IIoT governance
The Digital Platform
• Foundational IIoT platform
• Selection parameters
• IIoT standards
2. BUSINESS MODEL
Idea
• Process optimization?
• New business model?
• Structured ideas pre-evaluation
Preparation
• Review and document
• Mapping ideas to objectives
• Value network coordination
Evaluation
• Business case calculation
• Challenges to business case
• Impact & risk evaluation
Initiation
• Structure capabilities
• Setup of internal organization
• Inorganic techniques
The Digital Transformation
Framework
Source: The Industrial IoT: Business Strategy & Innovation Framework,
The Industrial Internet Consortium, www.iiconsortium.orghttps://www.linkedin.com/in/darojas/