Internet of Production: Rethinking production management

Abstract

The Internet has revolutionised accessibility of data and knowledge. This idea has been transferred to the physical world with the concept of the Internet of Things (IoT). A direct application of the IoT approach to production is currently not sufficiently feasible, as there is a lower data-to-parameter-ratio compared to other big data application domains. Modern production is characterized by vast amounts of data. However, this data is neither easily accessible, interpretable, nor connected to gain knowledge. For this reason, the vision of the new funded cluster of excellence ``Internet of Production'' is to enable a new level of cross-domain collaboration by providing semantically adequate and contextaware data from production, development and usage in real-time on an appropriate level of granularity. This paper aims at presenting the concept of the Internet of Production and its potentials for production management.