Artificial intelligence data-driven internet of things systems, real-time process monitoring, and sustainable industrial value creation in smart networked factories

Abstract

Empirical evidence on artificial intelligence data-driven Internet of Things systems, real-time process monitoring, and sustainable industrial value creation in smart networked factories has been scarcely documented in the literature. Using and replicating data from Economist Intelligence Unit, McKinsey, and World Economic Forum, I performed analyses and made estimates regarding autonomous production networks. Descriptive statistics of compiled data from the completed surveys were calculated when appropriate.