Dean Designate Unveils Seminal Report on Information Technology Worldwide
“Global Information Technology Report: Living in a Hyperconnected World” Ranks Technology Proficiencies of 142 Economies
Soumitra Dutta, dean designate of the Samuel Curtis Johnson Graduate School of Management and currently the Roland Berger Professor of Business and Technology at INSEAD, today unveiled the 2012 Global Information Technology Report. The report—co-edited by Dutta, Beñat Bilbao-Orsorio, associate director and economist of World Economic Forum’s Centre for Global Competitiveness and Performance—examines the networked readiness of 142 developed and developing countries worldwide – accounting for more than 98 percent of the world’s GDP.
“Living in a Hyperconnected World” explores the causes and consequences of living in an environment where the Internet is accessible and immediate; people and businesses can communicate instantly; and machines are interconnected, creating opportunities and at the same time new challenges. Mastering and leveraging the transformational impact on the economy, society, environment, and health care are crucial for boosting economic competitiveness and well-being.
The Network Readiness Index (NRI) presented in the report uses 53 indicators to compute the impact of ICT on public policy, quantifying the correlation between how these markets leverage advances in information and communication technologies (ICT) to drive economic productivity and social development. In this year’s NRI, four Nordic countries are the most successful at leveraging ICT in their competitiveness strategies with Sweden topping the list at #1. Singapore is in the #2 position, and the rest of the top ten are: Finland, Denmark, Switzerland, the Netherlands, Norway, the United States, Canada and the United Kingdom.
“Over the past ten years, the information and communication technology industry has changed dramatically and its effects are increasingly transforming our economies and societies”, said Dutta, who joins Johnson in July 2012 as its 11th dean. “Echoing the rapid changes and consequences of living in a hyperconnected world, the framework we use to monitor, measure, and benchmark the deployment and impacts of ICT has evolved.
“We have introduced a new set of metrics that assess not only the availability of technology, but also the ways in which economies put that technology to greater use to improve business innovation, governance, citizens’ political participation and social cohesion. This year’s report offers an enhanced view of how technology is incorporated into the fabric of each country.”
The Global Information Technology Report is the result of a long-standing partnership between INSEAD and the World Economic Forum’s Centre for Global Competitiveness and Performance and the Industry Partnership Programme for Information Technology and Telecommunications Industries. It is prepared with contributions and support by Huawei Technologies, a leading telecom solutions provider and Booz & Company, a leading global management consulting firm.
The full report, video interviews, data and other materials are available online at www.insead.edu/GITR.