The launch of the new IMD Digital Competitiveness Rankings

The launch of the new IMD Digital Competitiveness Rankings

October 26, 2019 0 By Stanley Isaacs


We are extremely happy this year
to be launching for the first time the IMD Digital Competitiveness Rankings. In these rankings we are trying
to assess the ability of nations to support, through institutions,
regulations, infrastructure, the digital transformation
of businesses. That’s, to us, extremely important because
today we’re talking about digital transformation, but digital transformation also requires
the support from the public sector. So our rankings this year are actually looking
at three factors of digital competitiveness. The first factor is knowledge. So, to what extent
a country is prepared, its people are prepared, to embrace
digital transformation. The second pillar is technology. What is
the technological structure of a country. Be it scientific, be it technological per se,
be in it terms of big data or telecommunications. And the third pillar is on the agility, the cultural agility of the nation and its companies
to embrace digital transformation. It is much more intangible but it appeals
to the extent to which, for example, people are ready to embrace
new technologies.