Cognitive Decision-Making Algorithms, Cyber-Physical Systems, and Smart Industrial Value Creation
Cognitive Decision-Making Algorithms, Cyber-Physical Systems, and Smart Industrial Value Creation

Summary/Abstract: Using and replicating data from Accenture, BCG, BI Intelligence, British Science Week, Business Insider, Capgemini, Deloitte, eMarketer, Forbes, Frontier Economics, Gartner, IDC, OECD, PwC, Statista, YouGov, and Zebra Technologies, we 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 (%), implementation of Industry 4.0 (%), industries targeted by machine learning application developers (%), workers in jobs at high and medium risk of automation (%), 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), potential impact of artificial intelligence on real gross value added worldwide (%, by country, by 2035), retailers planning to invest in artificial intelligence and Internet of Things technologies by 2021 (%), and benefits of implementing artificial intelligence (%). Data were analyzed using structural equation modeling.

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