ABSTRACT. Empirical evidence on sustainable Internet-of-Things-based manufacturing systems has been scarcely documented in the literature. Using and replicating data from Capgemini, DAA, IoT Analytics GmbH, The Manufacturer, McKinsey, Oracle, PwC, US BLS, and WEF, I performed analyses and made estimates regarding smart factory transformation approach taken by players in different categories (%) and drivers of technological change and time to impact on employee skills (%). Data were analyzed using structural equation modeling.
JEL codes: E24; J21; J54; J64

Keywords: Internet of Things; manufacturing system; big data; smart production

How to cite: Lafferty, Clive (2019). “Sustainable Internet-of-Things-based Manufacturing Systems: Industry 4.0 Wireless Networks, Advanced Digitalization, and Big Data-driven Smart Production,” Economics, Management, and Financial Markets 14(4): 16–22. doi:10.22381/EMFM14420192

Received 19 August 2019 • Received in revised form 7 December 2019
Accepted 8 December 2019 • Available online 15 December 2019

Clive Lafferty
This email address is being protected from spambots. You need JavaScript enabled to view it.
The Center for Cognitive Internet of Things
at AAER, Manchester, England

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