Phase 4: Enabling continuous innovation
We recommend you consider your IIoT digital transformation initiative as a journey and not a single project. After defining business KPIs, enabling the organization, establishing the necessary skill sets, and building the blueprint; you increase the pace of innovation and explore more opportunities to build and scale throughout your business. When you have the blueprint running, you have a more transparent and data-driven business that you can monitor and track extensively.
You can use the IIoT data to identify challenges and opportunities. Furthermore, it is vital to always start with a business objective that is measurable to drive innovation. Then you can extend the blueprint to support it with a use case. It is also important to evaluate the current business model and evolve it to unlock new business opportunities so that you can be more competitive. For instance, you can shift from selling products to selling value-added services. Because IIoT capabilities provide extensive control of your products, you can extend or limit their features based on customers' requests with more competitive prices.
Finally, AWS Professional Services can help you build your own data flywheel by defining
main elements to enable a virtuous cycle for innovation, just like the Amazon flywheel
