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Vol 7, Issue 1, 2017
Pages: 34 - 34
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Received: >> Accepted: >> Published: 03.01.2017. None of above

Big Data and Internet of Things as the basis for the innovative development strategy of the Industry in the future called Industry 4.0

By
Tihomir S. Latinović ,
Tihomir S. Latinović
Dragana Preradovic ,
Dragana Preradovic
Cristian Barz ,
Cristian Barz
M. T. Latinović ,
M. T. Latinović
Adina Pop-Vadean
Adina Pop-Vadean
Abstract

The aim of this paper is to establish a link between the Big Data, the Internet of Things and the new industry, called Industry 4.0. The development of a modern economy is based on supply chains and logistics. Within each logistics are IT solutions. Some of the world's solutions are given in this paper and guidelines are set in the development of such solutions. Industry development 4.0, and in particular the development of Big data, gives us the opportunity to introduce new ways of the industry. In the development of industry, maximizing production and reducing costs is extremely important. Real-time data and advanced algorithms make it possible to obtain real-time operational industry. Big data and their analysis are of great use in the industry because they improve the accuracy of the decision-making process. It is very important to organize a structure that can design, manage and develop projects based on IoT and Big Data / Analytics technologies. In the industry, good sensor technology provides access to information. The paper has a focus on the managing the database with Big data in the Internet of Things.

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