Recent Advances and Trends of Cyber-Physical Systems and Big Data Analytics in Industrial Informatics

In today’s competitive business environment, companies are facing challenges in dealing with big data issues for rapid decision making for improved productivity. Many manufacturing systems are not ready to manage big data due to the lack of smart analytics tools. Germany is leading a transformation toward 4th Generation Industrial Revolution (Industry 4.0) based on Cyber-Physical System based manufacturing and service innovation. As more software and embedded intelligence are integrated in industrial products and systems, predictive technologies can further intertwine intelligent algorithms with electronics and tether-free intelligence to predict product performance degradation and autonomously manage and optimize product service needs. This article addresses the trends of industrial transformation in big data environment as well as the readiness of smart predictive informatics tools to manage big data to achieve transparency and productivity. Keywords—Industry 4.0; Cyber Physical Systems; Prognostics and Health Management; Big Data;