• Big Story
  • News
    • Tech News
    • Consumer Tech
    • Market Updates
    • Technology Insights
  • Interviews
  • Opinion
  • Digital Transformation Series
  • Special Reports
    • MWC Africa
    • Nigeria 5G Spectrum Auction
Sunday, October 1, 2023
No Result
View All Result
  • Login
Technology Times
Technology Times
No Result
View All Result
GSM base station

Report: National digital transformation ‘can enhance GDP’

Kayode OladeindebyKayode Oladeinde
11/04/2016
in Tech News
Reading Time: 3 mins read
1 0
A A
0
Share on FacebookShare on TwitterShare on LinkedinShare on WhatsAppShare on Telegram

A new report released today by Huawei has encouraged national investment in technology as it reveals that investment in digital infrastructure positively correlates to GDP gains.

Huawei’s 2016 Global Connectivity Index (GCI) released today reveals that national digital transformation increases economic dynamism, efficiency, and productivity. Now in its third year, the report measures the progress of 50 nations in investing in and deploying Information and Communications Technology (ICT) to achieve economic digitisation.

The greatest improvements across the globe have been seen in broadband coverage and speed, but nations are also making headway with cloud, big data, and Internet of Things (IoT) technologies, the report shows.

GCI 2016, measures how nations are progressing with digital transformation based on 40 indicators that cover the supply, demand, experience, and potential of five technology enablers: broadband, data centres, cloud, big data and IoT. Investing in these five technologies enables nations to digitise their economies, according to the report.

Related Articles

cybercriminals-hit-7.9m-ddos-attacks-h1-2023

Cybercriminals launched 7.9m DDoS attacks in first half of 2023, Netscout says

29/09/2023
minister-tech-leaders-speak-at-nigeria-egovernment-summit

Minister, tech leaders to discuss tech adoption at Nigeria eGovernment Summit

26/09/2023
123456-most-used-password-nigeria-can-be-hacked

123456, most-used password in Nigeria, ‘can be hacked in seconds’

25/09/2023
nigeria-switches-fixed-line-phone-numbering

Nigeria switches fixed line phones numbering, sets December 31 deadline

20/09/2023
nigeria-seeks-firm-commitment-partnership-president-tinubu-at-unga

Watch: Nigeria seeks ‘firm and commitment partnership’, President Tinubu tells UNGA

20/09/2023
nigeria-seeks-uspf-ai-partners-at-unga

Minister: At UNGA, Nigeria to whet investors’ appetite with USPF, AI stakes

19/09/2023

Average national connectivity levels are 5 percent higher than they were in 2015. Twelve countries improved their positions, while four experienced a drop. The top three developed economies are the United States, Singapore, and Sweden. The leading developing economies are the United Arab Emirates in 19th place, Qatar in 21st, and China in 23rd.

fiber optic cable serivces
fiber optic cable serivces

Examples of countries that moved up the index include the UK in 5th, up one place from last year; Malaysia, which jumped four places to 25th; and Indonesia, which moved up two places to 41st. Malaysia and Indonesia’s gains are attributable to broadband rollout, which in turn influences data centre development. These two basic technologies lay the foundation for the three advanced technology enablers: cloud, big data, and IoT.

GCI scores continue to show a positive correlation with GDP, similar to last year’s findings. However, the extent to which GCI influences GDP varies with the stage of digital transformation in each country. GCI 2016 identifies three groups of nations: Starters are beginning their digital journey and score between 20 and 34. At the moment, their digital infrastructure is not developed enough to strongly influence GDP.

Adopters in the middle range have a stronger digital infrastructure and score between 35 and 55. They experience the greatest GDP gains per GCI point increase. Frontrunners show the greatest digital development with scores above 55, although GDP gains per GCI point are slightly less than Adopters. However, Frontrunners show more mature cloud, big data, and IoT in readiness for more extensive economic digitisation.

[quote font=”georgia” font_size=”22″ font_style=”italic” align=”left” bgcolor=”#” color=”#” bcolor=”#” arrow=”yes”]Examples of countries that moved up the index include the UK in 5th, up one place from last year; Malaysia, which jumped four places to 25th; and Indonesia, which moved up two places to 41st. Malaysia and Indonesia’s gains are attributable to broadband rollout, which in turn influences data centre development. These two basic technologies lay the foundation for the three advanced technology enablers: cloud, big data, and IoT.[/quote]According to the report, nations with high GCI scores are more competitive and innovative, with a close correlation found between GCI scores and ratings in the WEF Global Competitiveness Index and the Global Innovation Index, jointly published by Cornell University, INSEAD, and the UN’s World Intellectual Property Organisation.

 

“A revolutionary shift is occurring in the way the world works, with economies across the planet going digital fast. Nations that are in the early stages of economic digitization should develop long-term technology plans that include broadband and data centres to reap the benefits of enhanced growth,” Kevin Zhang, President of Huawei Corporate Marketing says. “Developed economies wanting to capitalize on their frontrunner ICT status should invest more in cloud, big data, and IoT technologies and solutions to experience the full benefits of a digital economy.”

The 50 countries assessed by GCI 2016 account for 90 percent of global GDP and 78 percent of the world’s population.

Share18Tweet12Share3SendShare
ADVERTISEMENT
Kayode Oladeinde

Kayode Oladeinde

Technology Journalist at Technology Times. Mobile: +234 (0) 7031526929

Related Articles

Opinion

Food and Beverage: How far can machine learning and AI go?

29/09/2023
ai-in-food-and-beverage-industry

Phil Lewis, SVP Solution Consulting, International, Infor, asks what AI...

Read more
byTechnology Times Contributor
0 Comments
Tech News

Cybercriminals launched 7.9m DDoS attacks in first half of 2023, Netscout says

29/09/2023
cybercriminals-hit-7.9m-ddos-attacks-h1-2023

Cybercriminals launched approximately 7.9 million Distributed Denial of Service (DDoS)...

Read more
byTechnology Times Staff
0 Comments
Tech News

Minister, tech leaders to discuss tech adoption at Nigeria eGovernment Summit

26/09/2023
minister-tech-leaders-speak-at-nigeria-egovernment-summit

Dr. Bosun Tijani, Minister of Communications, Innovation and Digital Economy...

Read more
byTechnology Times Staff
0 Comments
Tech News

123456, most-used password in Nigeria, ‘can be hacked in seconds’

25/09/2023
123456-most-used-password-nigeria-can-be-hacked

The most used password in Nigeria, 123456, can be compromised...

Read more
byTechnology Times Staff
0 Comments
Market Updates

Public Sector Cybersecurity Summit 2023 holds October 3

22/09/2023
public-sector-cybersecurity-summit-2023-holds-october-3

The Public Sector Cybersecurity Summit 2023, which offers a rallying...

Read more
byTechnology Times Staff
0 Comments
Tech News

Nigeria switches fixed line phones numbering, sets December 31 deadline

20/09/2023
nigeria-switches-fixed-line-phone-numbering

Nigeria’s telecoms regulator has set December 31 deadline for new...

Read more
byTechnology Times Staff
0 Comments

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

19 − 3 =

Glo Glo Glo
ADVERTISEMENT
CrownCrystal Technologies CrownCrystal Technologies CrownCrystal Technologies
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

LATEST ARTICLES

ai-in-food-and-beverage-industry

Food and Beverage: How far can machine learning and AI go?

29/09/2023
cybercriminals-hit-7.9m-ddos-attacks-h1-2023

Cybercriminals launched 7.9m DDoS attacks in first half of 2023, Netscout says

29/09/2023
minister-tech-leaders-speak-at-nigeria-egovernment-summit

Minister, tech leaders to discuss tech adoption at Nigeria eGovernment Summit

26/09/2023
123456-most-used-password-nigeria-can-be-hacked

123456, most-used password in Nigeria, ‘can be hacked in seconds’

25/09/2023
public-sector-cybersecurity-summit-2023-holds-october-3

Public Sector Cybersecurity Summit 2023 holds October 3

22/09/2023
ADVERTISEMENT
ADVERTISEMENT

Popular News

  • bhartis-700m-pledge-to-tinubu-big-airtel-nigeria-ceo

    Bharti’s Mittal’s $700m investment pledge to Tinubu ‘is big for Airtel Nigeria,’ CEO says

    106 shares
    Share 42 Tweet 27
  • Minister: At UNGA, Nigeria to whet investors’ appetite with USPF, AI stakes

    95 shares
    Share 38 Tweet 24
  • How to set up MTN security number

    282 shares
    Share 113 Tweet 71
  • Minister ‘excited’ at likely Nigeria-India tech alliance

    77 shares
    Share 31 Tweet 19
  • LAGOS | Website to verify vehicle numbers now live

    256 shares
    Share 102 Tweet 64

Recommended

  • Tech News
cybercriminals-hit-7.9m-ddos-attacks-h1-2023

Cybercriminals launched 7.9m DDoS attacks in first half of 2023, Netscout says

29/09/2023
minister-tech-leaders-speak-at-nigeria-egovernment-summit

Minister, tech leaders to discuss tech adoption at Nigeria eGovernment Summit

26/09/2023
123456-most-used-password-nigeria-can-be-hacked

123456, most-used password in Nigeria, ‘can be hacked in seconds’

25/09/2023
nigeria-switches-fixed-line-phone-numbering

Nigeria switches fixed line phones numbering, sets December 31 deadline

20/09/2023
nigeria-seeks-firm-commitment-partnership-president-tinubu-at-unga

Watch: Nigeria seeks ‘firm and commitment partnership’, President Tinubu tells UNGA

20/09/2023
nigeria-seeks-uspf-ai-partners-at-unga

Minister: At UNGA, Nigeria to whet investors’ appetite with USPF, AI stakes

19/09/2023
Load More
ADVERTISEMENT
ADVERTISEMENT
Facebook Twitter Youtube LinkedIn RSS

ABOUT TECHNOLOGY TIMES

technology-times-logo

Nigeria Technology Media Group

Founded in 2004, Technology Times’ trusted technology news, market intelligence, views and business services reach readers and partners across Nigeria, Africa and beyond.

Advertising

Sign up for TT eNews

Get in touch here

CONTACT US

Phone: +234 (0) 1 454 1818
WhatsApp: +234 (0) 815 700 0100
Email: info@technologytimes.ng
Web: www.technologytimes.ng

LEGAL & COMPLIANCE

technology-times-logoHome

TT Privacy Policy

TT Terms & Conditions

TT Website Disclaimer

TT Guest Post Guidelines

TT Sitemap

MOST READ ARTICLES

  • stanbic-ibtc-fined-for-electronic-fund-transfer

    In landmark ruling, Tribunal fines Stanbic IBTC N120m over electronic funds transfer 

    1161 shares
    Share 464 Tweet 290
  • PC: How to spot symptoms of CPU failure

    315 shares
    Share 126 Tweet 79
  • Odusote, Nigeria’s internet domain contact, emerges NiRA BOT Chairperson

    282 shares
    Share 113 Tweet 71
  • How to set up MTN security number

    282 shares
    Share 113 Tweet 71
  • Nigeria: Five top-selling mobile phones below ₦5,000 

    268 shares
    Share 107 Tweet 67

©2004-2023 Technology Times, owned and operated by Digital Transformation Media Limited (DTML), Nigeria or its affiliates. All rights reserved.

No Result
View All Result
  • Big Story
  • News
    • Tech News
    • Consumer Tech
    • Market Updates
    • Technology Insights
  • Interviews
  • Opinion
  • Digital Transformation Series
  • Special Reports
    • MWC Africa
    • Nigeria 5G Spectrum Auction

©2004-2023 Technology Times, owned and operated by Digital Transformation Media Limited (DTML), Nigeria or its affiliates. All rights reserved.

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy Page.