DATA REPORTING IN THE ENERGY SYSTEM OF ROMANIA. BUILDING COMPETITIVE ADVANTAGES IN A GLOBAL ENVIRONMENT

Ana Maria Ianosi ()

Journal of Information Systems & Operations Management, 2024, vol. 18, issue 1, 112-124

Abstract: In an ever-expanding world, the development of an organization depends on its ability to innovate and modernize. Companies gain competitive advantages over the world's best competitors thanks to pressures and challenges from the external environment. For example, the unpredictability and vagueness of the legislation that forces them to identify the necessary measures to overcome critical moments in order to reduce as much as possible the material damage, represents the ability of each organization to develop continuously, even if forced by circumstances. In a labor market dominated by globalization and dynamism, competition has become fierce. Thus, organizations must identify the necessary tools to be competitive. Data analysis has become an indispensable tool for the organization that aims to achieve a competitive advantage in today's business environment. So, effective data reporting is essential to maintain and improve a company's competitive position in the market. It provides the information needed to make strategic decisions, optimize operations, understand customers, and drive innovation.

Date: 2024
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