The Business Strategy and Solution Lifecycle Working Group provides guidance and best practices for all aspects of developing and operating an Industrial Internet solution: business-case creation, architecture design, technology selection, implementation, testing, rollout and operations.
The goal of this Working Group is to help companies leverage the potential of the Industrial Internet, increase return on investment, manage project risks more efficiently, and establish a foundation for evaluating solutions and their compliance. The Working Group will also provide a foundation for defining Industrial Internet Systems certification and compliance programs, to be shared within and outside of the Industrial Internet Consortium.
Its activities fall under four major themes:
- Business Strategy & Planning: identify and prioritize Industrial Internet of Things (IIoT) opportunities, analyze business requirements, prepare business cases and evaluate viability of IIoT business models. Read the Business Strategy and Innovation Framework for a high-level identification and analysis of issues that any enterprise will need to address to capitalize on the opportunities emerging from this current revolution that is the IIoT.
- Industrial Internet System design: best practices and methodologies for using and implementing the Industrial Internet Reference Architecture including security and system characteristics.
- IIoT Project Management: how to plan, develop and deploy an IIoT solution, organizational aspects and IT / OT collaboration, assets management and production line set-up. Solution lifecycle management challenges include deploying, operating, upgrading, modifying, consolidating and scaling up.
- Solution Evaluation and Contractual Aspects: testing, monitoring and measuring Industrial Internet Systems and in particular their "characteristics": reliability, safety, resilience, scalability, security, privacy, performance, etc. Support for auditing, compliance, certification and adherence to regulations. Definition of metrics and guidance for establishing SLA/SLO.
The objectives and goals of the Working Group build upon and complement the results delivered by the Industrial Internet Consortium Testbed Working Group. The methodology guidance and best practices produced by the Business Strategy and Solution Lifecycle Working Group will support the strategy and business case perspective of Industrial Internet solutions as well as the project implementation perspective.