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An example is Singapore's formal recognition of Industry 4.0 in its innovation policies. Critics of the concept dismiss Industry 4.0 as a marketing strategy. They suggest that although revolutionary changes are identifiable in distinct sectors, there is no systemic change so far.
Industrial big data refers to a large amount of diversified time series generated at a high speed by industrial equipment, [1] known as the Internet of things. [2] The term emerged in 2012 along with the concept of "Industry 4.0”, and refers to big data”, popular in information technology marketing, in that data created by industrial equipment might hold more potential business value. [3]
Technology forecasting heavily relies on data and data makes contributions to manufacturing and Industry 4.0. IoT System provides a strong platform to make predictive analysis in the post-Industry 4.0. The advanced technologies will increase forecasting accuracy as well as reliability.
The Journal of Business & Economic Statistics is a quarterly peer-reviewed academic journal published by the American Statistical Association. [1] The journal covers a broad range of applied problems in business and economic statistics, including forecasting, seasonal adjustment, applied demand and cost analysis, applied econometric modeling, empirical finance, analysis of survey and ...
INFORMS Journal on Applied Analytics is a bimonthly peer-reviewed academic journal about operations research that was established in 1970 under the title Interfaces by The Institute of Management Sciences, now part of the Institute for Operations Research and the Management Sciences. The journal has a case-study style: it offers examples of how ...
Computational Statistics & Data Analysis is a monthly peer-reviewed scientific journal covering research on and applications of computational statistics and data analysis. The journal was established in 1983 and is the official journal of the International Association for Statistical Computing, [1] a section of the International Statistical Institute.
The International Journal of Data Science and Analytics is a peer-reviewed scientific journal covering data science. It was established in 2015 and is published by Springer Science+Business Media. The founding editor-in-chief is Longbing Cao (University of Technology Sydney). Current editor-in-chief is João Gama (INESC TEC and University of ...
AStA Advances in Statistical Analysis is a peer-reviewed mathematics journal published quarterly by Springer Science+Business Media and the German Statistical Society. It was established in 2007, and covers statistical theory , methods, methodological developments, as well as probability and mathematics applications.