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Cyber-Physical Process Monitoring Systems, Real-Time Big Data Analytics, and Industrial Artificial Intelligence in Sustainable Smart Manufacturing

Cyber-Physical Process Monitoring Systems, Real-Time Big Data Analytics, and Industrial... The aim of this paper is to synthesize and analyze existing evidence on cyber-physical process monitoring systems, real-time big data analytics, and industrial artificial intelligence in sustainable smart manufacturing. Using and replicating data from Capgemini, Forrester, McKinsey, PwC, and World Economic Forum, we performed analyses and made estimates regarding how networked integrated production equipment and sensors and machine learning tools configure the predictive monitoring of manufacturing plants. Descriptive statistics of compiled data from the completed surveys were calculated when appropriate. JEL codes: E24; J21; J54; J64 Keywords: cyber-physical; process monitoring; sustainable smart manufacturing http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Economics, Management, and Financial Markets Addleton Academic Publishers

Cyber-Physical Process Monitoring Systems, Real-Time Big Data Analytics, and Industrial Artificial Intelligence in Sustainable Smart Manufacturing

Economics, Management, and Financial Markets , Volume 16 (3): 13 – Jan 1, 2021

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Publisher
Addleton Academic Publishers
Copyright
© 2009 Addleton Academic Publishers
ISSN
1842-3191
eISSN
1938-212X
Publisher site
See Article on Publisher Site

Abstract

The aim of this paper is to synthesize and analyze existing evidence on cyber-physical process monitoring systems, real-time big data analytics, and industrial artificial intelligence in sustainable smart manufacturing. Using and replicating data from Capgemini, Forrester, McKinsey, PwC, and World Economic Forum, we performed analyses and made estimates regarding how networked integrated production equipment and sensors and machine learning tools configure the predictive monitoring of manufacturing plants. Descriptive statistics of compiled data from the completed surveys were calculated when appropriate. JEL codes: E24; J21; J54; J64 Keywords: cyber-physical; process monitoring; sustainable smart manufacturing

Journal

Economics, Management, and Financial MarketsAddleton Academic Publishers

Published: Jan 1, 2021

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