UK, US, slip down World Digital Competitiveness Ranking

UK, US, slip down World Digital Competitiveness Ranking

Denmark has topped the International Institute for Management Development's seventh annual World Digital Competitiveness Ranking – an assessment of 63 nations' "capacity and readiness to adopt and explore digital technologies as a key driver for economic transformation in business, government and wider society."

The Institute (IMD) with its World Competitiveness Center claim to be an independent academic institution that aims to develop leaders. The Digital Competitiveness Ranking assesses three main factors, listed below:

  • Knowledge – Know-how necessary to discover, understand and build new technologies;

  • Technology – Overall context that enables the development of digital technologies;

  • Future Readiness – Level of country preparedness to exploit digital transformation.

  • The IMD also considers additional nine sub-factors that mark nations against 54 criteria.

    Up until this year, the USA is the only nation to have topped the Rankings. Denmark finally toppled the champ thanks to an exceptional rating on the Future Readiness factor.

    The Ranking mentions plenty of problems in the USA, which ranked ninth in the world on the Technology factor but slipped from third to tenth in IT integration capacity. Fears that business is not handling cybersecurity well contributed to the nation's decline.

    Among major Reg-reading nations, the UK dropped two places to 14th despite its Technology and Future Readiness scores improving. Other nations improved more markedly, with Israel jumping two places to thirteenth. Twelfth-placed Australia surged six spots up the chart.

    India talks a good game about its many digital government services and IT services industry – but was ranked 44th.

    Canada jumped three spots to 10th, while Germany dipped to 18th after placing 16th in the last Ranking.

    Taiwan's 11th place handily beat China ..

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