Challenges of Big Data Analytics in Industry 4.0

30Nov

Challenges of Big Data Analytics in Industry 4.0

by Prof. Dr. Aleksandar Rikalovic R&D

Today, the rapid development of information and communication technology (ICT) leads to the generation and collection of large amounts of raw data, which represents the undiscovered source of information. The demand of the industry sectors for the constant improvement of production systems leads to the expectation that processing such data, using the advanced analytics method and technique, will have a major impact on the implementation of Industry 4.0 in the future.

However, Big Data Analysis is still in the infancy stages of its development. Therefore, the focus of the paper Challenges of Big Data Analytics in Industry 4.0, published in XII Skup privrednika i naucnika SPIN ’19 the is to review the existing literature on the implementation of Big Data Analysis so far as a base technology leading to the successful implementation of the Industry 4.0 concept.