9th Annual International Conference on Industrial Engineering and Operations Management

Internet of Things, Big Data and Simulation as a Competitive Advantage in the New Age of Industry 4.0

Rafaela Santos & Sandro Lordelo
Publisher: IEOM Society International
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Track: Industry 4.0 - Special Track
Abstract

Innovation is an essential suport for the organization's survival in te market. In this context, the advancement of technology can provide inputs for organizations to produce a consolidated position in a such competitive and technologial world. Emerging technologies of Industry 4.0, like Internet of Things, Big Data and Simulation, arise in this context bringing terrific transformations in the mode of production and consequently in the management of production. The aim of this article is to make visible how these tools go far beyond technological innovations, providing aspects capable os assisting in the production management , offering, to managers, data that aid the decision making. For tihs, was analysed a broad of scientic papers present in different journals of Web of Knowledge, Scopus, Scielo, Science Direct and Engineering Village. The results show that the use of these technologies can enable organizations to improve their processes, faster problem solving, increased productivity and improved process safety.

Published in: 9th Annual International Conference on Industrial Engineering and Operations Management, Bangkok, Thailand

Publisher: IEOM Society International
Date of Conference: March 5-7, 2019

ISBN: 978-1-5323-5948-4
ISSN/E-ISSN: 2169-8767