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INTERNET OF THINGS AND ROMANIAN MANAGEMENT

Liviu Dumitru Rusu

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2017, vol. 11, issue 1, 660-671

Abstract: I will briefly summarize the state of knowledge in terms of technology regarding ”Internet of Things” the onset and evolution of this technological phenomenon, but also it’s impact on management in Romania, first step in developing this technology, history, trends, and evolution of this technology in Romania and the changes caused by this technology to the Romanian management. Although its visibility is still relatively low, the Internet of Things revolution is also speeding up in Romania. It highlights the steady increase in the number of companies that promote their own IoT solutions, as well as the new home-based startups that make their entry into the new market with original projects. Till 2018 IoT market will increase in Romania by 200 % mostly due to private sector (manufacturing, utilities. transport, logistics, car industry and consumers but also in the public sector (healthcare like telemedicine, smart cities, public transportation, traffic management, retail). The Romanian management will have to respond to the challenges generated by this technology and adapt to the new requirements generated by its introduction in all sectors. The objectives: consist in relevant answers to the question of how IoT will transform the Romanian management in its functions and subsystems, but also in terms of the structure and functions of the enterprise. As a methodology: from the answer to this question will be taken some conclusions on the influence of IoT on the Romanian management using interviews on a sample of IoT companies in Romania. As a result: I’ve highlighted some transformation induced by IoT in Romanian management both in private and public sector.

Keywords: Cloud; Computing; Sensors; devices; E-business; I-business; e-government; management; SCM; ERP; CRM; BI. (search for similar items in EconPapers)
Date: 2017
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