Legislation in the field of data science – a source of competitive advantage for Romania – The Diplomat Bucharest
The urgent need to legislate in the field of data science in Romania, as well as the creation of a methodological framework focused on the transparency and democratization of data were the main conclusions of the Data Science in Energy debate, an event organized for the first time by Sandor Bende, Chairman of the Committee for Industries and Services, with MP Oana Ozmen and with Think Tank 360. The effectiveness of using data as a source of competitive advantage for Romania was also discussed , in the context where digitization, process automation and data-driven innovation will bring enormous benefits to citizens.
“Romania can become a hub for data science if we manage to develop the relevant legislation in the field through transparent consultation with the private sector, specialists in the field, academia and non-profit organizations. We must also consider concrete measures to stimulate the increase in the number of specialists for the whole field of information and communication technologies, on the one hand, and on the other hand, the improvement of the preparation existing and potential human resources,” said Bogdan Ivan, Vice President of the Information and Communication Technology Commission.
For his part, the CEO of Transelectrica, Gabriel Andronache, spoke about the European data strategy, adopted by the European Commission in February 2020, which aims to create a true single market for data and to make Europe a world leader in the agile data economy. . “Romania, as a member state of the European Union, has the advantage of having through this strategy a glimpse of the opportunities offered by the digital age in which we live. Therefore, we must take concrete steps to avoid being taken by surprise by technological advances. The secure and reliable use of data can facilitate innovative solutions and support the decarbonization of the energy system.
Aspects related to the need for regulation, but also the importance of data in the field of energy were also highlighted by the CFO Electrica Grup, Ştefan Frangulea. “While until now the energy sector has not always prioritized the issues related to digital transformation and the use of data to make important and responsible decisions, European legislation now forces us to look advances in technology with great caution. At the level of the Electrica Group, the development strategy has been revalidated, with a strong emphasis on the digital transformation of the business, because we have realized on the supply side the importance of data for making forecasts and anticipating the evolution of market price in a volatile environment. as has happened lately, and on the distribution side, the existence of three major trends: decarbonization, decentralization and digitization. In order to be able to face future challenges, decisions must be taken and assumed on the basis of the trends identified and justified by the analysis of the data”.
Artificial intelligence and data science has become an area of strategic importance with the potential to be a key enabler of economic development. Data availability is key to generating more sophisticated insights and forecasting techniques designed to drive more effective business decisions.
“The issue of data science has become central to all levels and areas of activity, and developments in recent years confirm that it has not remained at the declarative level, but concerted action has been taken at the level of the EU, which must be accelerated in Romania through the development of specific legislation, the introduction of the profession of data scientist and, last but not least, the effective management of data security and transparency ”, mentioned Andreea Negru, president of the ADAA Association for the development of local entrepreneurship and moderator of the Data Debate on science in energy.
The exchange of data between sectors of the economy requires a framework for the interoperability of procedural and legislative measures in order to increase trust and improve efficiency.
Oana Bucur, Head of the Digitization Task Force at the Federation of Oil and Gas Employers (FPPG), said, “We look forward with confidence and optimism to the applicability of the field of data science in the oil and gas industry. However, in order to create a competitive advantage using big data technologies, machine learning and artificial intelligence, the industry needs legislative updates in line with European trends. ”
Data is an essential source of economic development, driving productivity and resource efficiency gains in all economic areas, facilitating the development of personalized products and services, improving policy-making and modernizing public services.