This book provides a comprehensive guide to Industry 4.0 applications, not only introducing implementation aspects but also proposing a conceptual framework with respect to the design principles. In addition, it discusses the effects of Industry 4.0, which are reflected in new business models and workforce transformation. The book then examines the key technological advances that form the pillars of Industry 4.0 and explores their potential technical and economic benefits using examples of...

This book explains concepts and techniques for business analytics and demonstrate them on real life applications for managers and practitioners. It illustrates how machine learning and optimization techniques can be used to implement intelligent business automation systems. The book examines business problems concerning supply chain, marketing & CRM, financial, manufacturing and human resources functions and supplies solutions in Python.

This book gathers extended versions of the best papers presented at the Global Joint Conference on Industrial Engineering and Its Application Areas (GJCIE), held in Nevsehir, Turkey, on June 21-22, 2018. They reports on industrial engineering methods and applications, with a special focus on the advantages and challenges posed by Big data in this field. The book covers a wide range of topics, including decision making, optimization, supply chain management and quality control.

The second edition of a comprehensive introduction to machine learning approaches used in predictive data analytics, covering both theory and practice.Machine learning is often used to build predictive models by extracting patterns from large datasets. These models are used in predictive data analytics applications including price prediction, risk assessment, predicting customer behavior, and document classification. This introductory textbook offers a detailed and...

CMMI High Maturity is something every software organization is interested in! Attaining Maturity Level 5 rating means world class processes in place in that organization. Thought its everyone's interest, there is less details available in the world on how to practically implement CMMI ML5 and how to interpret the High Maturity practices. This book is an attempt to decode the high maturity practices with clear sample cases for all the High maturity process areas, there by connecting the dot...

Big Data Application in Power Systems brings together experts from academia, industry and regulatory agencies who share their understanding and discuss the big data analytics applications for power systems diagnostics, operation and control. Recent developments in monitoring systems and sensor networks dramatically increase the variety, volume and velocity of measurement data in electricity transmission and distribution level. The book focuses on rapidly modernizing monitoring systems, mea...

Big Data Analytics Made Easy is a must-read for everybody as it explains the power of Analytics in a simple and logical way along with an end to end code in R. Even if you are a novice in Big Data Analytics, you will still be able to understand the concepts explained in this book. If you are already working in Analytics and dealing with Big Data, you will still find this book useful, as it covers exhaustive Data Mining Techniques, which are considered to be Advanced topics. It covers Ma...

Maintenance combines various methods, tools, and techniques in a bid to reduce maintenance costs while increasing the reliability, availability, and security of equipment. Condition-based maintenance (CBM) is one such method, and prognostics forms a key element of a CBM program based on mathematical models for predicting remaining useful life (RUL). Prognostics and Remaining Useful Life (RUL) Estimation: Predicting with Confidence compares the techniques and models used to...

Process Safety and Big Data discusses the principles of process safety and advanced information technologies. It explains how these principles are applied to the process industry and provides examples of applications in process safety control and decision support systems.This book helps to address problems that researchers face in industry that are the result of increased process complexity and that have an impact on safety issues. It shows ways to tackle these safety issues by implementin...

The book presents different models for the simultaneous optimization problem of capacity investment and work release rule parameterization. The overall costs are minimized either including backorder costs or considering a service level constraint. The available literature is extended with the integration of a distributed customer required lead time in addition to the actual demand distribution. Furthermore, an endogenous production lead time is introduced. Different models for make-to-orde...

This book introduces the fundamental concepts of Data Science, which has proved to be a major game-changer in business solving problems. Topics covered in the book include fundamentals of Data Science, data preprocessing, data plotting and visualization, statistical data analysis, machine learning for data analysis, time-series analysis, deep learning for Data Science, social media analytics, business analytics, and Big Data analytics. The content of the book describes the fundamentals of ...

This comprehensive edited volume is the first of its kind, designed to serve as a textbook for long-duration business analytics programs. It can also be used as a guide to the field by practitioners. The book has contributions from experts in top universities and industry. The editors have taken extreme care to ensure continuity across the chapters.The material is organized into three parts: A) Tools, B) Models and C) Applications. In Part A, the tools used by business analysts are...