ABSTRACT. This article reviews and advances existing literature concerning cyber-physical system-based smart manufacturing. Using and replicating data from Bain & Company, Deloitte, European Business Summit, Management Events, McKinsey, PwC, and World Economic Forum, I performed analyses and made estimates regarding current initiatives in digital concepts and design by CIOs (%), current priorities in digital platforms and solutions by CIOs (%), quality benefits of Industry 4.0 applications (%, degree of the effect), importance of the analysis and use of data for the business model (%), and significance of barriers to change, industries overall (%). Data were analyzed using structural equation modeling.
JEL codes: E24; J21; J54; J64

Keywords: cyber-physical system; smart manufacturing; network; technology

How to cite: Keane, Eliot (2019). “Networked Information-driven Technologies for Cyber-Physical System-based Smart Manufacturing,” Journal of Self-Governance and Management Economics 7(4): 21–27. doi:10.22381/JSME7420193

Received 25 August 2019 • Received in revised form 6 December 2019
Accepted 7 December 2019 • Available online 15 December 2019

Eliot Keane
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The Big Data Algorithmic Analytics Laboratory,
London, England

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