Press Release

Karen Quatromoni
Industrial Internet Consortium
+1-781-444-0404 x146
[email protected]

Industrial Internet Consortium Journal of Innovation Explores IoT and Digital Transformation in Business


NEEDHAM, MA – MARCH 21, 2018 – The Industrial Internet Consortium® (IIC™), the world’s leading organization transforming business and society by accelerating the adoption of Industrial Internet of Things (IIoT), published the seventh edition of the Journal of Innovation. The latest issue examines the many facets of IoT and digital transformation, showing how technological innovations coupled with best practices can lead to real business transformation.

“Digital transformation is about using technological innovations in ways that deliver results more effectively at lower costs,” said Mark Crawford, IIC Thought Leadership Task Group Chair, and Standards Strategist, SAP Strategic IP Initiatives. “In this edition of the Journal of Innovation, IIC members have offered their insights on IoT processes for digital transformation from monetization to security profiles and the cloud. Digital transformation is crucial for businesses in all industries for profitability and ultimately customer satisfaction.”

The IoT and Digital Transformation in Business edition of the Journal of Innovation includes articles contributed by leaders at IIC member companies including:

  • I2M2 Industrial Internet Monetization Method
    Marcellus Buchheit, Wibu-Systems
  • A Practical Framework to Turn IoT Technology into Operational Capability
    Pieter van Schalkwyk, XMPro
  • Digital Twin-Modeling Interrelated Devices
    Juan Asenjo & Dr. Chellury Sastry, TCS
  • Outcomes, Insights and Best Practices from IIC Testbeds: MQM
    Mitch Tseng, Huawei
  • Huawei and InterDigital Demonstrate Open-Standard, IoT-Platform Interoperability
    Ken Figueredo, InterDigital & Amar Deol, Huawei
  • Growing A Digital Mindset in the Lime Industry
    Carlo Cella, QualiCal
  • Evaluating the Security of Industrial IoT Testbeds
    Dr. Jesus Molina, Waterfall Security Solutions, Dr. Suresh Damodaran & Robert Martin, MITRE, Vyacheslav (Slava) Zolotnikov, Kaspersky Lab

The Journal of Innovation highlights the innovative ideas, approaches, products, and services emerging within the industrial internet such as AI, smart cities, the smart factory and edge computing. Full current and past editions of the Journal of Innovation can be downloaded at

About the Industrial Internet Consortium
The Industrial Internet Consortium is the world’s leading membership program transforming business and society by accelerating the Industrial Internet of Things (IIoT). The IIC delivers a trustworthy IIoT in which the world’s systems and devices are securely connected and controlled to deliver transformational outcomes. The Industrial Internet Consortium is a program of the Object Management Group (OMG). For more information, visit

Note to editors: Industrial Internet Consortium is a registered trademark of OMG. For a listing of all OMG trademarks, visit All other trademarks are the property of their respective owners.