Internet of Things in Romanian agriculture

Girip Maria () and Maracine Daniela ()
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Girip Maria: Bucharest University of Economic Studies, Bucharest, Romania
Maracine Daniela: Bucharest University of Economic Studies, Bucharest, Romania

Proceedings of the International Conference on Business Excellence, 2021, vol. 15, issue 1, 570-583

Abstract: The latest technological discoveries in communication have translated into a more advanced and performant agriculture field which now has a greater online presence than ever before. Therefore, the new challenges to be faced in agriculture are not only the environmental ones, as it was in the past, where the weather was the variable having a higher power. The new challenge is raised by a fully technologized world. This paper is planning to analyze how agriculture changed in Romania after the internet and the online world. This also strives to highlight the main challenges faced by agriculture in the century of technology, its benefits and to answer the most asked question of the 21st century. Is this version of agriculture the better or the healthier one? As for the wealth coming from the big progress, the data from Meticulous Research’s report published in 2020 shows that the agriculture IoT market will reach 34.9 billion dollars by 2027. Meaning a significant raise of crops after industrialization, as well as a higher rate of profitability compared to past centuries and past technology phases. This means not only that farmers have better results, but their wealth has also grown, however, the main question still stands. The disadvantages come from its new own qualities – increased range of production, higher knowledge share, and industrialization.

Keywords: agriculture; Internet of Things (IoT); precision agriculture; technology (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:poicbe:v:15:y:2021:i:1:p:570-583:n:44

DOI: 10.2478/picbe-2021-0053

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