ABSTRACT. This article presents an empirical study carried out to evaluate and analyze real-time big data analytics, smart industrial value creation, and robotic wireless sensor networks in Internet of Things-based decision support systems. Building my argument by drawing on data collected from BCG, Capgemini, CompTIA, Deloitte, EY, PAC, PwC, SME, and World Economic Forum, I performed analyses and made estimates regarding product decision-making information systems in data-driven sustainable smart manufacturing. Data collected from 5,400 respondents are tested against the research model. Descriptive statistics of compiled data from the completed surveys were calculated when appropriate.
JEL codes: E24; J21; J54; J64

Keywords: Internet of Things; real-time big data analytics; smart manufacturing

How to cite: Watkins, D. (2021). “Real-Time Big Data Analytics, Smart Industrial Value Creation, and Robotic Wireless Sensor Networks in Internet of Things-based Decision Support Systems,” Economics, Management, and Financial Markets 16(1): 31–41. doi: 10.22381/emfm16120213.

Received 17 January 2021 • Received in revised form 14 March 2021
Accepted 16 March 2021 • Available online 20 March 2021

Darren Watkins
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The Cognitive Artificial Intelligence Systems Laboratory
at ISBDA, Cambridge, England

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