Authors: K. Höse and U. Götze

Affiliation: Faculty of Economics an Business Administration, Chair of Management Accounting and Control, Technische Universität Chemnitz, 09107 Chemnitz and Germany

ISBN: 978-989-758-369-8

Keyword(s): Cps (Cyber-Physical Systems), Evaluation, Industrie 4.0, Life Cycle.

Abstract: Cyber-physical systems as technical enabler of “Industrie 4.0” (I4.0) have been discussed in many published papers. The application of I4.0-technologies allows for an intelligent interconnection between product development, logistics, customers and production. As a result, it is expected that the implementation of I4.0-technologies contributes to the protection of economic wealth of companies and society. This trend enables innovative processes and products right up to new business models. Nevertheless, companies often hesitate to invest in I4.0-solutions. The uncertainty of the benefit of using I4.0 is one reason making an economic consideration of I4.0-solutions necessary. Therefore, a structured analysis and evaluation of I4.0-solutions in form of CPS is the topic of this paper. Firstly, the evaluation requirements are described. One main requirement is the life cycle-oriented analysis of CPS, because not only the implementation costs and expenditures are important, but also the pr ospective costs and benefits of the application of CPS. Afterwards, a decision theory-based procedure model is suggested to handle the complexity of a life cycle-oriented evaluation. Within the description of the steps of the procedure model, characteristics and challenges regarding the evaluation of CPS are discussed. Additionally, instruments and methods, which support the evaluation of CPS, are presented. (More)

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Paper citation in several formats:
Höse, K. and Götze, U. (2019). Life Cycle-Oriented Evaluation of Cyber-Physical Systems.In Proceedings of the 4th International Conference on Internet of Things, Big Data and Security - Volume 1: IoTBDS, ISBN 978-989-758-369-8, pages 332-338. DOI: 10.5220/0007746103320338

author={K. Höse. and U. Götze.},
title={Life Cycle-Oriented Evaluation of Cyber-Physical Systems},
booktitle={Proceedings of the 4th International Conference on Internet of Things, Big Data and Security - Volume 1: IoTBDS,},


JO - Proceedings of the 4th International Conference on Internet of Things, Big Data and Security - Volume 1: IoTBDS,
TI - Life Cycle-Oriented Evaluation of Cyber-Physical Systems
SN - 978-989-758-369-8
AU - Höse, K.
AU - Götze, U.
PY - 2019
SP - 332
EP - 338
DO - 10.5220/0007746103320338

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