Integrating Real-Time Analytics and Continuous Performance Management in Smart Manufacturing Systems

Abstract

This paper proposes an approach to integrate real-time analytics with continuous performance management. The proposed system exploits the increasing availability of industrial process and production performance data. This paper identifies components of such a system and the interface between components within the system. The components presented in this paper form the basis for further research on understanding potential interoperability issues and required standardization efforts to support development of a system. © IFIP International Federation for Information Processing 2014.