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Despite the relevance of robotic wireless sensor networks, Internet of Things-enabled sustainability, and real-time advanced analytics in cyber-physical system-based smart factories, only limited research has been conducted on this topic. Using and replicating data from Capgemini, EY, IW Custom Research, Kronos, McKinsey, PwC, Siemens, and Vodafone, we performed analyses and made estimates regarding how cyber-physical systems can support sustainable operations through smart production processes, Industrial Internet-enabled resilient manufacturing, and sensing and computing technologies. The results of a study based on data collected from 5,800 respondents provide support for our research model. Descriptive statistics of compiled data from the completed surveys were calculated when appropriate. JEL codes: E24; J21; J54; J64 Keywords: Internet of Things; sustainability; cyber-physical system; smart factory
Economics, Management, and Financial Markets – Addleton Academic Publishers
Published: Jan 1, 2021
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