Abstract
The matter of the effectiveness of applying smart technologies in agriculture of the Republic of Kazakhstan will be of interest to the academic community, regardless of territorial affiliation. The relevance of the research is in the need to inform farmers on the efficiency of such technologies and how to use them. Economic valuation, cost-benefit analysis were used to compare traditional and digital agricultural technologies in grain production. Wealthy farmers from developed countries widely use digital technology, reducing operating costs for wage labour and productive resources. In this research, the authors attempted to prove the hypothesis of significant economic and environmental efficiency in the application of precision technologies. The purpose of this paper is to evaluate the results of the application of precision farming tools from an economic standpoint, these results can contribute to the study of the efficiency of digital technologies at the global and local levels. This research displays that with application of modern digital technologies in production, under certain circumstances, a farm can increase wheat yield by at least 25-30%. Gross profit with traditional technologies in agriculture amounted to 31 US dollars per hectare, while application of digital technologies brought 54 US dollars per hectare.