Sustainable Industry 4.0: Product Decision-Making Information Systems, Data-driven Innovation, and Smart Industrial Value Creation Cover Image
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Sustainable Industry 4.0: Product Decision-Making Information Systems, Data-driven Innovation, and Smart Industrial Value Creation
Sustainable Industry 4.0: Product Decision-Making Information Systems, Data-driven Innovation, and Smart Industrial Value Creation

Author(s): Clive Lafferty
Subject(s): Business Economy / Management
Published by: Addleton Academic Publishers
Keywords: Industry 4.0; data-driven innovation; smart industrial value creation;

Summary/Abstract: Employing recent research results covering the relationship between product decision-making information systems, data-driven innovation, and smart industrial value creation, and building my argument by drawing on data collected from British Science Week, Business Insider, Deloitte, PwC, Statista, and YouGov, I performed analyses and made estimates regarding the main areas of interest for manufacturers within Industry 4.0 (%), how Industry 4.0 is delivering revenue, cost and efficiency gains (%), U.S. adults who feel the following ways about artificial intelligence (%), and Industry 4.0 value creation (%). Structural equation modeling was used to analyze the collected data.

  • Issue Year: 7/2019
  • Issue No: 2
  • Page Range: 19-24
  • Page Count: 6
  • Language: English