Manufacturing companies in Germany face increasing global competition and must innovate and adapt products and processes to remain competitive. The utilization of the Internet of Things (IoT) for manufac-turing is one way to improve processes but it also presents challenges. Data privacy regulations are among the constraints that influence the realization of IoT-enabled innovations. This paper aims to facilitate the realization of IoT-enabled innovations from a consulting and vendor perspective by drawing on theoretical considerations about dynamic capabilities. It contributes to the adoption of IoT by providing relevant capa-bilities. Seven experts across the IoT ecosystem were interviewed in-depth about their realized projects. Based on an inductive content analysis, 24 capabilities are categorized into sensing and seizing IoT-enabled innovations, as well as capabilities for re-configuring the firm's resources.