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Cutting-Edge Process Monitoring and Data Analytics Systems in Internet of Things-based Real-Time Production Logistics

Cutting-Edge Process Monitoring and Data Analytics Systems in Internet of Things-based Real-Time... I develop a conceptual framework based on a systematic and comprehensive literature review on Internet of Things-based real-time production logistics. Building my argument by drawing on data collected from AMG World, The Boston Consulting Group, Deloitte, KSM, MIT Sloan Management Review, PwC, SME, and teknowlogy, I performed analyses and made estimates regarding top five barriers preventing/slowing smart technology (%), effect of automation on the number and skill level of jobs in manufacturing (%), expectations for artificial intelligence adoption across industries (impact on offerings, %), significance of data and analysis competences in the context of Industry 4.0 (%), and retailers planning to invest in artificial intelligence and Internet of Things technologies (%). The data for this research were gathered via an online survey questionnaire and were analyzed through structural equation modeling on a sample of 4,200 respondents. JEL codes: E24; J21; J54; J64 Keywords: big data analytics; Internet of Things; real-time production logistics http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Self-Governance and Management Economics Addleton Academic Publishers

Cutting-Edge Process Monitoring and Data Analytics Systems in Internet of Things-based Real-Time Production Logistics

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Publisher
Addleton Academic Publishers
Copyright
© 2009 Addleton Academic Publishers
ISSN
2329-4175
eISSN
2377-0996
Publisher site
See Article on Publisher Site

Abstract

I develop a conceptual framework based on a systematic and comprehensive literature review on Internet of Things-based real-time production logistics. Building my argument by drawing on data collected from AMG World, The Boston Consulting Group, Deloitte, KSM, MIT Sloan Management Review, PwC, SME, and teknowlogy, I performed analyses and made estimates regarding top five barriers preventing/slowing smart technology (%), effect of automation on the number and skill level of jobs in manufacturing (%), expectations for artificial intelligence adoption across industries (impact on offerings, %), significance of data and analysis competences in the context of Industry 4.0 (%), and retailers planning to invest in artificial intelligence and Internet of Things technologies (%). The data for this research were gathered via an online survey questionnaire and were analyzed through structural equation modeling on a sample of 4,200 respondents. JEL codes: E24; J21; J54; J64 Keywords: big data analytics; Internet of Things; real-time production logistics

Journal

Journal of Self-Governance and Management EconomicsAddleton Academic Publishers

Published: Jan 1, 2020

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