April 13, 2011

Sweden, Singapore Best At Using Information And Technology

According to the World Economic Forum (WEF), Singapore and Sweden top the rankings of their Global Information Technology Report 2010-2011 by being best at using information and communications technologies (ICT) to boost their growth, BBC News reports.

This year marks the 10th anniversary edition of the report and focuses on ICT's ability to mold society and cultures through modernization and innovation. Covering the technology and information usage of 138 economies worldwide, the report remains the world's most comprehensive and authoritative international assessment of the impact of ICT on the development process and the competitiveness of nations.

Finland and Switzerland placed third and fourth with the United States pacing along in fifth place in the ICT ranking, which, according to the WEF, is "a key enabler of a more economically, environmentally and socially sustainable world".

The WEF report focuses on the power of ICT to transform society in the next decade through modernization and innovation. The report claims that information communications technology is of primary importance, "in the aftermath of one of the most serious economic crises in decades".

Since the beginning of the report, the sheer amount of information generated by today's digital society has increased at an astounding rate and covers 138 economies. The report details areas of general business, regulatory and infrastructure environment for ICT; the readiness of the three key stakeholder sectors - individuals, businesses and governments - to use and benefit from ICT; and the actual usage of available ICT.


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