Data Analytics in Industry 4.0

Abstract

The new form of future generation machines and automated systems could be synchronized by IoT adaptation. By this way, a very large size data can be carefully stored in data repositories and have to be analyzed for extracting knowledge. Thus, optimization techniques are becoming invaluable tools for finding patterns from parallel distributed machines. On the other hand, statistical methods and optimization models could not be utilized efficiently due to excessive dimension of data. Additionally, data analytics should be applied and results should be gathered by using practical approaches especially for security, access control and fault detection issues. In this study, optimization techniques are evaluated in the perspective of big data analytics and both mathematical and statistical methods will be extensively analyzed for different versions of problem solving and decision making in Industry 4.0 era.