(Georgia Institute of Technology, 2018-02)
Clark, Jennifer; Lodato, Thomas James; Sudharsan, Supraja
The digitalization of industries is leading to new services and opportunities for firms, regions and economies. The ability to monitor and diagnose equipment conditions and operations in real-time, respond to changes in equipment performance, and share this data across stakeholders and regulators is expected to improve business profitability, innovation, job growth, and regulatory compliance. The goal of this study is to evaluate the nature of these changes as they relate to the production and use of industrial data. Simultaneously, the study identifies and assesses the factors that influence regional economic development.