South Africa’s digital economy a top global mover in Networked Readiness Index

first_img2 August 2016South Africa’s digital economy has jumped to 65th out of 139 countriessurveyed in the Networked Readiness Index, an gain in 10 places from 2015. Thismakes South Africa one of 10 most-improved countries, alongside Italy andSlovakia.The index, compiled by the Global Technology Report and published by theWorld Economic Forum, is a key indicator of how countries are doing in the digitalworld. It measures how well a country uses information and communicationstechnologies to boost the health of its economy.Global Information Technology..2016 @wef 7 high-achieving at Networked Readiness Index (NRI)— WSlightly (@WSlightly) July 25, 2016The index analyses environment, readiness, use and impact data. It also takessocial influences on the creation of a digital economy into account.The global top 10 is led by Singapore, Finland and Sweden. The US is fifth, theUK eighth and Japan tenth.South Africa jumps an impressive 10 places, to 65 in the world, in the WEF’s Networked Readiness Index 2016— Cherryflava (@Cherryflava) July 15, 2016South Africa is not the only African country to improvein the last year. Ethiopiaand Côte d’Ivoire also made significant jumps in the rankings.South Africa’s leap in the rankings was driven by the private sector, and byupgrades to digital infrastructure and affordability, according to the report.“South Africa’s digital transformation is mostly business driven, as the countrynotably performs best in business usage (32nd), followed by individual usage(77th), followed by government usage (105th),” says networking firm Cisco, asponsor of the report.“Individuals and businesses, says the index, are benefitting from a drop inmobile and broadband tariffs that is “reducing barriers to adoption also in terms ofaffordability.”However, the report stresses that more sustained infrastructure development,as well as more public and private cooperation, are needed to take advantage ofSouth Africa’s momentum in the digital economy. “In order for the impact to startmaterialising, significantly morebuy-in from government will be needed across allareas of vision, promotion and efficient use.” reporterSource: World Economic ForumWould you like to use this article in your publication or on your website?See: Using materiallast_img

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