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Top nations pull ahead in ICT clout

The Global Information Technology Report 2016 from the World Economic Forum (WEF) has found that Finland, Switzerland, Sweden, Israel, Singapore, the Netherlands and the US are leading the world when it comes to generating economic impact from investments in ICT. On average, this group of high-achieving economies – at the pinnacle of the report's 'networked readiness index' – scores 33% higher than other advanced economies and 100% more than emerging and developing economies. "The breakaway of these seven economies is significant for other nations given the role that networked readiness is likely to play as the world transitions to the 'fourth industrial revolution'," says the WEF. Although about 75% of countries in the index show improvement in this year's report, "convergence both at the global and regional level remains elusive, with four regions – Eurasia, emerging Europe, the Middle East, North Africa and Pakistan, and Sub-Saharan Africa – having widened the gap between the most and least networked-ready since 2012." Another cautionary note is that the data also suggest that individuals are driving ICT adoption much more enthusiastically than either governments or business, where no clear trends are discernible across regions since 2012. The report also addresses the fact that technologies change far faster than regulatory regimes do, as also noted by the WEF's Global Agenda Council on the Future of Software and Society in a call for agile governance principles, which includes favouring outcomes over rules-based compliance, and responding to change over following a plan – the kind of approaches involved in 'agile' development. The report 

  • Wednesday, 20 July 2016

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