Application of Big Data Analytics in Manufacturing Sector - A Review
EOI: 10.11242/viva-tech.01.05.001
Citation
Mansi Lakhani,"Application of Big Data Analytics in Manufacturing Sector - A Review", VIVA-IJRI Volume 1, Issue 5, Article 64, pp. 1-6, 2022. Published by Computer Engineering Department, VIVA Institute of Technology, Virar, India.
Abstract
The period of the fourth industrial revolution, called Industry 4.0, is characterized by new, innovative technologies such as: Cloud Computing; the Internet of Things; the Industrial Internet of Things; Companies that are able to analyze the current state of their processes, forecast its most optimal progress and proactively control them based on reliable predictions will be a decisive step ahead competitors. In terms of Industry 4.0, data analytics focus on “what will happen” rather than “what has happened”. These problems are entitled as predictive analytics and aims at building models for forecasting future possibilities or unknown events. The aim of this paper is to give detailed insight about these techniques, provide applications from the literature and present how big data analytics can change the dynamics of manufacturing sector across various functions.
Keywords
Big Data, Data Analytics, Industry 4.0, Artificial Intelligence, Machine learning.
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