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ABSTRACT. I draw on a substantial body of theoretical and empirical research on networked, smart, and responsive devices in sustainable Internet-of-Things-based manufacturing systems, and to explore this, I inspected, used, and replicated survey data from BDO, CIO, DAA, Deloitte, EY, IoT Analytics GmbH, PwC, and WEF, performing analyses and making estimates regarding the level of supply chain process automation (%), benefits expected from organizations’ investments in digital technologies cumulatively over the next five years (%), and how prepared organizations are for data protection laws (%). Structural equation modeling was used to analyze the data and test the proposed conceptual model.
JEL codes: E24; J21; J54; J64

Keywords: Internet of Things; manufacturing system; industrial value creation

How to cite: Ainsworth-Rowen, Emily (2019). “Networked, Smart, and Responsive Devices in Sustainable Internet-of-Things-based Manufacturing Systems: Industrial Value Creation, Cognitive Decision-Making Algorithms, and Operational Performance Improvement,” Economics, Management, and Financial Markets 14(3): 9–15. doi:10.22381/EMFM14320191

Received 14 March 2019 • Received in revised form 18 August 2019
Accepted 22 August 2019 • Available online 10 September 2019

Emily Ainsworth-Rowen
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The Cognitive Labor Institute,
New York City, NY, USA

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