Salt Lake City, Utah
June 23, 2018
June 23, 2018
July 27, 2018
The Fourth Industrial Revolution began at the turn of this century. Disruptive technologies are emerging at a dizzying speed and changing the characteristics of industries and businesses by making them smart. Companies and industries will need Smart Management Systems (SMS) to be competitive in the 21st century. Internet of Things (IoT) is the key to connecting and communicating amongst different parts of the smart industries using sensor-like devices, and “Big Data” is being continuously collected and analyzed. Thus, IoT and Big Data are creating the roadmap for the SMS that can achieve new understanding and insights to these smart industrial systems from analyzing and visualizing the available data. The SMS will generate new possibilities for better product design, improved qualities, agile supply chain, and evermore customer satisfaction. It will also help industries to achieve lean and sustainable systems with fewer efforts than traditional approaches.
Many early adopters have already implemented IoT and currently generating big data, and have achieved significant improvements in seeking innovation and opportunities for increased revenues; however, most of the industries are still waiting to learn from the high-profile companies who have already adopted IoT. The application of IoT in different sectors will be discussed here, and the SMS will be identified in this process.
Keywords: IoT, Smart Industries, Smart Management System, Big Data, Lean, Sustainable
Roy, M. (2018, June), The Role of Internet of Things (IoT) and Big Data as a Road Map for Smart Management Systems: Case Studies Across Industries Paper presented at 2018 ASEE Annual Conference & Exposition , Salt Lake City, Utah. 10.18260/1-2--31123
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