WCIT 2016 Soumitra Dutta

The Global State ofICT ReadinessSoumitra DuttaBrasilia, 03.10.2016

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The Global Information Technology Report – Networked Readiness

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NRI 2016: Top 10 and Selected Top EconomiesScores: 1-7Rank /139 economies

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Key Messages

1. The digital revolution is here to stay. It is increasing the urgency to innovate continuously and create effective digital innovation ecosystems.

2. Seven economies register a digital innovation impact far higher than the rest. They are characterized by a business sector that has embraced all dimensions of digital interaction.

3. The digital divide is growing, but its nature is evolving. It is more about impact of ICT as opposed to diffusion of ICT.

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Key Messages

1. The digital revolution is here to stay. It is increasing the urgency to innovate continuously and create effective digital innovation ecosystems.

2. Seven economies register a digital innovation impact far higher than the rest. They are characterized by a business sector that has embraced all dimensions of digital interaction.

3. The digital divide is growing, but its nature is evolving. It is more about impact of ICT as opposed to diffusion of ICT.

Mayor Bloomberg addresses the media and guests at the December 19 (2011) announcement that Cornell and the Technion had won the city’s applied sciences competition.

2017

NYC Tech Ecosystem

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Lessons #1: Creating digital ecosystems

1. Leadership is key to set the strategy.

2. Universities are at the core – but universities need to change too.

3. A multi-faceted partnership is necessary to create a successful innovation ecosystem (University + Private Sector + Government + Civil Society).

4. A global perspective is important

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Key Messages

1. The digital revolution is here to stay. It is increasing the urgency to innovate continuously and create effective digital innovation ecosystems.

2. Seven economies register a digital innovation impact far higher than the rest. They are characterized by a business sector that has embraced all dimensions of digital interaction.

3. The digital divide is growing, but its nature is evolving. It is more about impact of ICT as opposed to diffusion of ICT.

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Digital Innovation on the Rise Globally

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Seven Frontrunners for Digital Innovation

Top 7 Economies: • Finland, • Switzerland, • Sweden, • Israel, • Singapore, • the Netherlands, • USA

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The Internet of Things and Business Model Innovation

Soft

Hard

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Hard-coding Digital into the Company

General Electric's CEO wants every millennial that he hires to learn to code.Immelt said that's the only way the

company will successfully transition into making products that are more digitally driven.

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Customers and Employees are Ahead of Firms

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Lessons #2: Corporate digital innovation

1. Leadership is key.

2. The Internet of Things is triggering massive business model innovation.

3. A culture of digital innovation has to be designed into the corporation.

4. Organizations risk falling behind their customers and employees

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Key Messages

1. The digital revolution is here to stay. It is increasing the urgency to innovate continuously and create effective digital innovation ecosystems.

2. Seven economies register a digital innovation impact far higher than the rest. They are characterized by a business sector that has embraced all dimensions of digital interaction.

3. The digital divide is growing, but its nature is evolving. It is more about impact of ICT as opposed to diffusion of ICT.

Internet penetration by income group% of individuals using the Internet

0

10

20

30

40

50

60

70

80

90

100

High income: OECD

High income: nonOECD

Upper middle income

Lower middle income

Low income

Source: Authors’ calculations based on ITU

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The Growing Digital Divide

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If the growth continued at the rates seen between 2011-2013 it will take 12 years for 75% of the world’s population to have Internet access.

The Growing Digital Divide

From digital divide to digital dividend

The ICT revolution is here!Yet it is only benefiting a minority

Widespread digital poverty persists, across and within countries. The gap between the haves and the have-nots has widened… due to lack of access, skills, or content

Sound and smart policies and investments are needed to bridge the digital divide and reap the benefits of the digital dividend.

Lessons #3: Sound, smart policies and investments

1. The ICT revolution will not happen “no matter what”

2. Investing in education to develop e-literacy 3. Investing in infrastructure and digital ecosystem

4. Quick wins- Sound policies that promote competition, improve affordability and quality, attract private investment- Sound ICT-related regulations that encourage content creation, ensure security,

and privacy - Public-private partnerships for innovative solutions

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Key Messages

1. The digital revolution is here to stay. It is increasing the urgency to innovate continuously and create effective digital innovation ecosystems.

2. Seven economies register a digital innovation impact far higher than the rest. They are characterized by a business sector that has embraced all dimensions of digital interaction.

3. The digital divide is growing, but its nature is evolving. It is more about impact of ICT as opposed to diffusion of ICT.

The Global State ofICT ReadinessSoumitra DuttaBrasilia, 03.010.2016

Thank you!

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NRI 2016Scores: 1-7Rank /139 economies