ABSTRACT. We develop a conceptual framework based on a systematic and comprehensive literature review on cyber-physical system-based real-time monitoring, industrial big data analytics, and smart factory performance in sustainable manufacturing Internet of Things. Building our argument by drawing on data collected from CGI, CompTIA, Deloitte, Globant, IW Custom Research, Kronos, McKinsey, MHI, PAC, and PwC, we performed analyses and made estimates regarding sustainable industrial value creation in Internet of Things-based real-time production logistics. The data for this research were gathered via an online survey questionnaire. Descriptive statistics of compiled data from the completed surveys were calculated when appropriate.
JEL codes: E24; J21; J54; J64

Keywords: cyber-physical system; sustainable manufacturing; Internet of Things

How to cite: Stehel, V., Bradley, C., Suler, P., and Bilan, S. (2021). “Cyber-Physical System-based Real-Time Monitoring, Industrial Big Data Analytics, and Smart Factory Performance in Sustainable Manufacturing Internet of Things,” Economics, Management, and Financial Markets 16(1): 42–51. doi: 10.22381/emfm16120214.

Received 18 January 2021 • Received in revised form 15 March 2021
Accepted 16 March 2021 • Available online 20 March 2021