Impact of interconnectivity and information sharing on cyber-physical system implementation

Mst. Nasima Bagum, Choudhury Abul Anam Rashed, Ratul Barman, Md. Ariful Islam and Md. Mehedi Hasan Kibria

International Journal of Industrial and Systems Engineering, 2025, vol. 49, issue 3, 359-379

Abstract: The study examines the correlation between implementing a cyber-physical system (CPS) and interconnectivity, information sharing and visibility (ISV). A conceptual model was developed based on an extensive literature review. The study was performed in a mixed mode based on the case study and survey. In the case study, ten public and private banks participated. The survey was conducted with responses from 54 banks using a semi-structured questionnaire. The conceptual model was validated, and the relationships within the model were tested using structural equation modelling (SEM). Additionally, the impact of CPS implementation on cost reduction, improved Performance, and enhanced resource utilisation was assessed. The data collected was analysed using SmartPLS 4. The findings indicated a positive influence of Interconnectivity and ISV on CPS implementation, leading to increased performance and resource utilisation. However, it is worth noting that the study did not find a positive effect of CPS implementation on overall cost.

Keywords: interconnectivity; information sharing and visibility; ISV; cyber-physical system; CPS; conceptual model; structural equation modelling; SEM. (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijisen:v:49:y:2025:i:3:p:359-379

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