An Invitation for Contribution!
Advanced Analytics for Industry 4.0
These books aim to provide a reference for industry executive managers, R&D specialists, advanced data analyzers, professors, and students who are working in the field of advanced data analytics and digital transformation.
These books aim to provide a reference for industry executive managers, R&D specialists, advanced data analyzers, professors, and students working in advanced data analytics and digital transformation.
Digital solutions are needed to develop advanced analytics applications in different industries. Advanced analytics has gained massive momentum in the industrial sector. Its evolution and conquest of the markets are unstoppable, with its presence and importance as an essential tool.
These books are aimed at providing (I) industry executives with an understanding of the business value and applicability of different analytic approaches and (II) data analytics leads with a business framework in which to assess the value, cost, and risk of potential analytic solutions as well and (III) undergraduate and graduate student of engineering with an understanding of data analytics applied to the different industries.
The main objectives of these books are to present scientific concepts and provide industrial case studies for different applications of advanced analytics, which can be grouped into three main areas:
1. Descriptive Analytics; Its function is to describe, diagnose, and discover what trends and patterns occur in a given process, thanks to the real-time study of historical data. The most significant descriptive analytics applications are:
- Real-time visualization of data;
- Advanced visualization of data (e.g., creation of benchmark tables offering flexibility in terms of variables, generation of ad hoc reports, etc.); and
- Descriptive statistics of processes and detection through PCA (e.g., detection of production anomalies).
2. Predictive Analytics; Based on more advanced mathematical methods, including statistical analyses, data mining, predictive models, and machine learning. Its function consists of predicting events that can occur in the future, thanks to developing a predictive model. The major applications of predictive analytics are:
- Prediction of anomalies and alerts;
- Demand estimation; and
- Forecasting process outcomes based on the values of variables (e.g., model for detecting product quality issues)
3. Prescriptive analytics; Its function defines the actions to take to obtain the best results in a process. It relies on predictive models, scenario simulations, localized rules, and technical optimization to transform data and recommends taking to obtain the desired result. This level of analytics is completer and more robust. It uses complex event processing, neural networks, heuristic learning, and “machine learning,” among others. The most significant applications of prescriptive analytics are:
- Generation of scenarios to recommend actions;
- Identification of the best results in an autonomous way; and
- Proactive updating of recommendations for movement due to changing events.
Project Time Table
Date | Task |
31st Dec 2021 | Finalizing the project team members and assign the chapters to the authors |
17th Jan 2022 | Kick-off the project |
25th Feb 2022 | Project progress assessment |
18th Mar 2022 | Submit the first draft of the manuscript |
15th Apr 2022 | Receive the editorial team comments and feedback |
30th Jun 2022 | Submit the final version of manuscripts |
29th Jul 2022 | Received the finalized chapters |
Chapters
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6 Parts
Chapter(1): Digital Transformation for Traditional Industries
0% Complete0/6 StepsModern technology is growing very fast, and it affects all industries’ dimensions. Traditional industries play a critical role in providing the initial materials for other… -
6 Parts
Chapter(2): Mining Industry
0% CompleteLast activity on October 11, 2021The unprecedented demand for natural resources drives mining companies to strive for a step-change in optimizing their business processes. Advanced analytics techniques are being applied… -
6 Parts
Chapter(3): Oil And Gas Industry
0% Complete0/6 StepsAdvanced analytics is one of the critical components in the digitalization of the oil and gas (O&G) industry. Its focus is managing and processing a… -
6 Parts
Chapter(4): Steel Industry
0% Complete0/6 StepsWith an increasingly competitive environment, global steel companies are searching for ways to gain a competitive advantage. Steel companies have employed analytics for years, from… -
6 Parts
Chapter(5): Manufacturing Industry
0% Complete0/6 StepsAdvanced analytics can enable manufacturing engineers to improve product quality and achieve equipment and resource efficiency gains using large amounts of data collected during manufacturing.… -
6 Parts
Chapter(6): Food Industry
0% Complete0/6 StepsFood Industries have to cater to a plethora of consumers having a variety of tastes. For sustaining in such an environment, companies create their unique… -
6 Parts
Chapter(7): Construction Industry
0% Complete0/6 StepsThe construction industry deals with large volumes of heterogeneous data, which is expected to increase exponentially as technologies such as sensor networks and the Internet… -
6 Parts
Chapter(8): Transport And Logistics Industry
0% Complete0/6 StepsTo face the worldwide competition and meet the new information technologies era’s recent requirements, digitalization and adoption of new information techniques have become a must… -
6 Parts
Chapter(9): Chemical Industry
0% Complete0/6 StepsData and analytics are playing a revolutionary role in the chemical industry. This chapter provides an overview of the challenges confronting the chemical industry and… -
6 Parts
Chapter(10): Agriculture Industry
0% Complete0/6 StepsThe surge in global population is compelling a shift toward smart agriculture practices. This coupled with the diminishing natural resources, limited availability of arable land,… -
7 Parts
Chapter(11): Digital Transformation For Technology Industries
0% Complete0/7 StepsAdvanced analytics has gained massive momentum in the industrial sector. Its evolution and conquest of the markets is unstoppable, along with its presence and importance… -
6 Parts
Chapter(12): Computer Industry
0% Complete0/6 StepsIn recent years “Big Data” has become something of a buzzword in business, computer science, information studies, information systems, statistics, and many other fields. As… -
6 Parts
Chapter(13): Telecommunication Industry
0% Complete0/6 StepsData is one of the most strategic assets for Telecom Operators today. With the rampant adoption of smartphones and growth in mobile internet, Telecom Operators… -
6 Parts
Chapter(14): Aerospace Industry
16% CompleteLast activity on April 8, 2021The aerospace industry is poised to capitalize on Big Data and machine learning, which excels at solving the types of multi-objective, constrained optimization problems that… -
6 Parts
Chapter(15): Electronics Industry
0% Complete0/6 StepsAdvanced Analytics with Big Data has been widely used in the lifecycle of electronic products that range from the design and production stages to the… -
6 Parts
Chapter(16): Robotics Industry
0% Complete0/6 StepsRoboticProcessAutomation(RPA)isgoingintoa”maturitymarket.”Theleading vendor providers surpassed billion dollars in the evaluation, and the research they are launching these days on the market will change again radically the… -
6 Parts
Chapter(17): Ecommerce Industry
0% CompleteLast activity on April 5, 2021E-commerce start-ups have ventured into emerging economies and are growing at a significantly faster pace. Advanced analytics has acted as a catalyst in their growth… -
6 Parts
Chapter(18): Insurance Industry
0% Complete0/6 StepsAdvances in Big Data analytics, artificial intelligence, and the Internet of Things transform the insurance industry, and data play a critical role in insurance strategy… -
6 Parts
Chapter(19): Information Technology Industry
0% Complete0/6 StepsNowadays a Big Data analytics is an extensive area for both academia and industry. Big Data analytics has attracted intense interest from all academia and… -
6 Parts
Chapter(20): Biomechanics Industry
0% Complete0/6 StepsMuch of the biomechanical research over the past 20 years has investigated the influence of potential injury risk factors in isolation. More likely, multiple biomechanical…