“…Ideally, such a smart system should be capable of selfdiagnosing the problems, and perform self-monitoring, thereby obviating the necessity of the presence of a human operator, and enhance the level of automation through more efficient data exchange strategies made possible by means of AI, cognitive computing, cloud computing, industrial Internet-of-Things and Cyber-Physical Systems (CPS). Internet-of-Things 19 for manufacturing, Internet-of-Everything 20 , Manufacturing 4.0, smart factory, connected enterprise and industrial internet often indicate a similar, if not the same, concept. A smart factory resembling Industry 4.0 employs a modular structure, where a CPS monitors physical processes, and decisions are made in a decentralized manner.…”