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Resilient Cyber-Physical Systems and Big Data Architectures in Industry 4.0: Smart Digital Factories, Automated Production Systems, and Innovative Sus ...

Resilient Cyber-Physical Systems and Big Data Architectures in Industry 4.0: Smart Digital... This research investigates resilient cyber-physical systems and big data architectures in Industry 4.0. Building our argument by drawing on data collected from BCG, Business Insider, Deloitte, Gartner, IDC, PwC, and Statista, we performed analyses and made estimates regarding Industry 4.0 framework and contributing digital technologies (%), spending on Internet of Things worldwide by vertical in 2015 and 2020 (in billion U.S. dollars), technology developments that enable Service 4.0 (%), Internet of Things security spending worldwide (2016–2021, by segment, in million U.S. dollars), and awareness and usage of smartphone applications featuring machine learning (%). The data for this research were gathered via an online survey questionnaire and were analyzed through structural equation modeling on a sample of 3,800 respondents. JEL codes: E24; J21; J54; J64 Keywords: big data; smart digital factory; automated production system; resilience http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Economics, Management, and Financial Markets Addleton Academic Publishers

Resilient Cyber-Physical Systems and Big Data Architectures in Industry 4.0: Smart Digital Factories, Automated Production Systems, and Innovative Sus ...

Economics, Management, and Financial Markets , Volume 14 (2): 6 – Jan 1, 2019

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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

This research investigates resilient cyber-physical systems and big data architectures in Industry 4.0. Building our argument by drawing on data collected from BCG, Business Insider, Deloitte, Gartner, IDC, PwC, and Statista, we performed analyses and made estimates regarding Industry 4.0 framework and contributing digital technologies (%), spending on Internet of Things worldwide by vertical in 2015 and 2020 (in billion U.S. dollars), technology developments that enable Service 4.0 (%), Internet of Things security spending worldwide (2016–2021, by segment, in million U.S. dollars), and awareness and usage of smartphone applications featuring machine learning (%). The data for this research were gathered via an online survey questionnaire and were analyzed through structural equation modeling on a sample of 3,800 respondents. JEL codes: E24; J21; J54; J64 Keywords: big data; smart digital factory; automated production system; resilience

Journal

Economics, Management, and Financial MarketsAddleton Academic Publishers

Published: Jan 1, 2019

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