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Opportunities to Improve the Competitiveness of Romanian Organizations

Author

Listed:
  • Gabriela GHEORGHE

    (Dunarea de Jos University of Galati, Romania)

  • Ioana LUPASC

    (Dunarea de Jos University of Galati, Romania)

Abstract

Competitive organizations are permanently prepared to identify the cutting-edge technologies which will change the future in business by using the concept of Business Intelligence. Moore's paradigm was a visionary model to predict the future and to make the correct business decisions, inspiring business solutions in many fields. Many businesses believe that predictions based on an exponential improvement of the technology have successfully bet that the technological limitations can be overcome. Nowadays, company executives require relevant and accurate business information in real-time, but also predictions on the medium and long term to make strategic decisions. Information Technology is developing rapidly and providing decision makers with large amounts of information that require processing and analysis. This paper describes the architecture of the Business Intelligence Platform and highlights the benefits of using decision support systems for business applications. Developing new methods for predictive modelling and application of existing techniques in many areas will be a permanent concern for both researchers and companies that are interested to gain competitive advantages.

Suggested Citation

  • Gabriela GHEORGHE & Ioana LUPASC, 2013. "Opportunities to Improve the Competitiveness of Romanian Organizations," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 25-32.
    • Handle: RePEc:ddj:fseeai:y:2013:i:2:p:25-32
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    References listed on IDEAS

    as
    1. Bonczek, Robert H. & Holsapple, Clyde W. & Whinston, Andrew B., 1981. "Foundations of Decision Support Systems," Elsevier Monographs, Elsevier, edition 1, number 9780121130503 edited by Schmidt, J. William.
    2. John D. C. Little, 1970. "Models and Managers: The Concept of a Decision Calculus," Management Science, INFORMS, vol. 16(8), pages 466-485, April.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Decision support system; Business intelligence; Knowledge discovery in databases; Data mining technologies;
    All these keywords.

    JEL classification:

    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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