Cyber-Physical Smart Manufacturing Systems: Sustainable Industrial Networks, Cognitive Automation, and Big Data-driven Innovation
Cyber-Physical Smart Manufacturing Systems: Sustainable Industrial Networks, Cognitive Automation, and Big Data-driven Innovation
Author(s): KAREN COATNEYSubject(s): Business Economy / Management
Published by: Addleton Academic Publishers
Keywords: cyber-physical system; smart manufacturing; big data;sustainability accounting;
Summary/Abstract: This paper analyzes the outcomes of an exploratory review of the current research on cyber-physical smart manufacturing systems. The data used for this study was obtained and replicated from previous research conducted by BCG, Capgemini, DAA, IoT Analytics GmbH, Management Events, and PwC. I performed analyses and made estimates regarding the biggest challenges for organizations to progress toward Industry 4.0 (%), top challenges in formulating smart factory strategy (%), and proportion of categories based on digital maturity across industries (%). Data collected from 4,600 respondents are tested against the research model by using structural equation modeling.
Journal: Economics, Management, and Financial Markets
- Issue Year: 14/2019
- Issue No: 4
- Page Range: 23-29
- Page Count: 7
- Language: English
- Content File-PDF