Architecting the Industrial Internet

Business case considerations

The TCO is further divided among the various parties in the ecosystem, based on their expected returns. The organization should also consider its potential performance without initiating the project and how it will share the costs of the generic, or common, capabilities. 

Business cases need to consider how the project will impact the individual parties, stakeholders, departments, and so on the as well as the wider business impact, including operations and competitiveness. IIoT projects have the potential to create reusable assets that should be considered in the cost/benefits. 

It is important not to underestimate the costs. Cost calculations need to consider integration costs with existing systems, design, prototyping, ...