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The Global Information Technology Report 2016
Report

The Global Information Technology Report 2016

Innovating in the Digital Economy

Silja Baller, Soumitra Dutta and Bruno Lanvin
World Economic Forum, 2016
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Editorial Rating

8

Qualities

  • Innovative
  • Overview
  • Background

Recommendation

Digital developments such as the Internet of Things and artificial intelligence are the driving forces of innovation in the fourth industrial revolution. This global recap of technological impacts from the World Economic Forum offers policy makers and business executives an up-to-date, authoritative assessment of the preparedness of 139 countries to seize the opportunities and manage the challenges of this socioeconomic metamorphosis. getAbstract recommends this authoritative report to policy makers and business executives responsible for managing technology’s rapid advances and disruptive prospects.

Summary

Known as “the fourth industrial revolution,” technological advancements across an array of “digital, biological and physical” platforms are transforming the global economy and society. An annual “networked readiness index” (NRI) measures the preparedness of 139 countries to exploit these digital developments to advance prosperity for their citizens. The NRI summarizes the status of six priorities per country: 1) “a high-quality regulatory and business environment”; 2) an established, affordable information and communication technology (ICT) framework; 3) the extent of ICT adoption...

About the Authors

Silja Baller is a World Economic Forum economist. Soumitra Dutta is the dean of Cornell University’s College of Business. Bruno Lanvin is an executive director at INSEAD.

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