Big Data-driven Decision-Making Processes, Industry 4.0 Wireless Networks, and Digitized Mass Production in Cyber-Physical System-based Smart Factories
Big Data-driven Decision-Making Processes, Industry 4.0 Wireless Networks, and Digitized Mass Production in Cyber-Physical System-based Smart Factories
Author(s): DOUGLAS HYERSSubject(s): Business Economy / Management, ICT Information and Communications Technologies
Published by: Addleton Academic Publishers
Keywords: big data; Industry 4.0; cyber-physical system; smart factory;
Summary/Abstract: This article presents an empirical study carried out to evaluate and analyze cyber-physical system-based smart factories. Building my argument by drawing on data collected from Accenture, Capgemini, Catapult, Deloitte, Forrester, Globant, MHI, PwC, and ZDNet, I performed analyses and made estimates regarding the link between big data-driven decision-making processes, Industry 4.0 wireless networks, and digitized mass production. 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: 15/2020
- Issue No: 4
- Page Range: 19-28
- Page Count: 10
- Language: English
- Content File-PDF
