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Cloud computing and big data in the context of industry 4.0 : opportunities and challenges

Author

Listed:
  • thabit atobishi

    (Szent Istvan university)

  • Szalay Zsigmond Gábor

    (Szent Istvan university)

  • Szilard podruzsik

    (Corvinus University of Budapest)

Abstract

The global industrial systems have changed in the last few years due to great technological advancement in many fields. The Industry 4.0 concept has emerged in 2011 in Germany and later has been adopted and investigated by both academic and practitioners in many other advanced countries. Two main new technologies associated by and will have a great impact on industry 4.0. In this review paper, we shielded the light on cloud computing and big data. We present the possibilities and challenges associated with these technologies. The review reveals that sharing, efficiency in production and information sharing are the main possibilities of cloud computing meanwhile the security and privacy are main concerns. From other hand big data brings many opportunities like cost reduction, support the efficiency of decision making, however challenges related to large-scale parallel system and technical challenges still need to be addressed.

Suggested Citation

  • thabit atobishi & Szalay Zsigmond Gábor & Szilard podruzsik, 2018. "Cloud computing and big data in the context of industry 4.0 : opportunities and challenges," Proceedings of International Academic Conferences 7508667, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iacpro:7508667
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    File URL: https://iises.net/proceedings/iises-annual-conference-sevilla/table-of-content/detail?cid=75&iid=004&rid=8667
    File Function: First version, 2018
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    More about this item

    Keywords

    cloud computing; information technology; industry 4.0;
    All these keywords.

    JEL classification:

    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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