ABSTRACT. Empirical evidence on sustainable Internet of Things-based manufacturing systems has been scarcely documented in the literature. Using and replicating data from CompTIA, Deloitte, EY, IW Custom Research, Kronos, MHI, PwC, and SME, we performed analyses and made estimates regarding the link between smart industrial value creation, cyber-physical production networks, and real-time big data analytics. Data were analyzed using structural equation modeling.
JEL codes: E24; J21; J54; J64
Keywords: cyber-physical system; Internet of Things; smart manufacturing
How to cite: Chessell, D., and Neguriță, O. (2020). “Smart Industrial Value Creation, Cyber-Physical Production Networks, and Real-Time Big Data Analytics in Sustainable Internet of Things-based Manufacturing Systems,” Journal of Self-Governance and Management Economics 8(4): 49–58. doi:10.22381/JSME8420205
Received 8 September 2020 • Received in revised form 12 December 2020
Accepted 15 December 2020 • Available online 18 December 2020