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Sustainable Internet-of-Things-based Manufacturing Systems: Industry 4.0 Wireless Networks, Advanced Digitalization, and Big Data-driven Smart Production

Sustainable Internet-of-Things-based Manufacturing Systems: Industry 4.0 Wireless Networks,... Empirical evidence on sustainable Internet-of-Things-based manufacturing systems has been scarcely documented in the literature. Using and replicating data from Capgemini, DAA, IoT Analytics GmbH, The Manufacturer, McKinsey, Oracle, PwC, US BLS, and WEF, I performed analyses and made estimates regarding smart factory transformation approach taken by players in different categories (%) and drivers of technological change and time to impact on employee skills (%). Data were analyzed using structural equation modeling. JEL codes: E24; J21; J54; J64 Keywords: Internet of Things; manufacturing system; big data; smart production http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Economics, Management, and Financial Markets Addleton Academic Publishers

Sustainable Internet-of-Things-based Manufacturing Systems: Industry 4.0 Wireless Networks, Advanced Digitalization, and Big Data-driven Smart Production

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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

Empirical evidence on sustainable Internet-of-Things-based manufacturing systems has been scarcely documented in the literature. Using and replicating data from Capgemini, DAA, IoT Analytics GmbH, The Manufacturer, McKinsey, Oracle, PwC, US BLS, and WEF, I performed analyses and made estimates regarding smart factory transformation approach taken by players in different categories (%) and drivers of technological change and time to impact on employee skills (%). Data were analyzed using structural equation modeling. JEL codes: E24; J21; J54; J64 Keywords: Internet of Things; manufacturing system; big data; smart production

Journal

Economics, Management, and Financial MarketsAddleton Academic Publishers

Published: Jan 1, 2019

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