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ABSTRACT. Employing recent research results covering Internet of Things-based real-time production logistics, and building our argument by drawing on data collected from Catapult, Deloitte, MHI, PwC, SME, Software AG, and ZDNet, we performed analyses and made estimates regarding the relationship between industrial artificial intelligence, smart connected sensors, and big data-driven decision-making processes. Structural equation modeling was used to analyze the collected data.
JEL Codes: E24; J21; J54; J64

Keywords: artificial intelligence; big data; production; logistics; Industry 4.0

How to cite: Davis, R., Vochozka, M., Vrbka, J., and Neguriță, O. (2020). “Industrial Artificial Intelligence, Smart Connected Sensors, and Big Data-driven Decision-Making Processes in Internet of Things-based Real-Time Production Logistics,” Economics, Management, and Financial Markets 15(3): 9–15. doi:10.22381/EMFM15320201

Received 6 July 2020 • Received in revised form 6 September 2020
Accepted 8 September 2020 • Available online 9 September 2020

Ruth Davis
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The Cognitive Labor Institute,
New York City, NY, USA
(corresponding author)
Marek Vochozka
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The Institute of Technology and Business in Ceské Budejovice,
The School of Expertness and Valuation, Czech Republic
Jaromir Vrbka
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The Institute of Technology and Business in Ceske Budejovice,
The School of Expertness and Valuation, Czech Republic
Octav Neguriță
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Spiru Haret University, Constanța, Romania

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