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Industry 4.0 and Circular Economy Digitization and Applied Data Analytics

Abstract

In this chapter, we aim to inspire questions and discussion on why the circular economy is relevant to industries for ensuring sustainable growth and continuous improvement. We also will discuss some of the challenges faced by manufacturing industries in adopting circular economy practices, and how applied data analytics in the framework of Industry 4.0 can help in overcoming these.

Keywords

  • Applied data science
  • IIoT
  • Big data
  • Digital twins
  • Circular economy
  • Industry 4.0

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Correspondence to Shruti Kulkarni .

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Krishnakumari, P.K., Kumar, H.D., Kulkarni, S., Sauter, E.M. (2021). Industry 4.0 and Circular Economy Digitization and Applied Data Analytics. In: Liu, L., Ramakrishna, S. (eds) An Introduction to Circular Economy. Springer, Singapore. https://doi.org/10.1007/978-981-15-8510-4_18

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  • DOI: https://doi.org/10.1007/978-981-15-8510-4_18

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