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The Global Information Technology Report 2012 Living in a Hyperconnected World - 0 views

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    In 2001, when the World Economic Forum first published  The Global Information and Technology Report (GITR),  the dot-com bubble had just burst; there were fewer than  20 million mobile phone users in all of Africa; and Apple  Inc.'s product line was confined to Macintosh computers.  That Report presented an optimistic view of the future,  highlighting the transformational potential of information  and communication technologies (ICT) in advancing the  progress of global society and business. In the decade  that followed, Booz & Company has witnessed firsthand  the realization of that potential in its work with clients and  communities worldwide and through its long-standing  involvement with the GITR. Today there are more than  500 million mobile phone subscribers in Africa, and  Apple is the world's largest company in market capitalization, producing iPhones, iPods, and iPads along with  Mac computers. Despite the strides the sector has made  since the technology bust in 2001, however, we believe  we are only just beginning to feel the impact of digitization-the mass adoption by consumers, businesses, and  governments of smart and connected ICT. Success in the digitization world-where competitors from Shenzhen to Schengen can emerge seemingly  overnight-requires policymakers and business leaders  to go back to the drawing board to identify and build  "right-to-win" capabilities in their spheres of influence.  Digitization is more than a matter of access. Our recent  research shows that digitization multiplies the impact of  connectivity, creating substantial incremental value in  terms not only of job creation and economic growth, but  also of societal well-being and government transparency.  Today, more than 70 percent of the world's citizens live in  societies that have just begun their digitization journeys.  As the individuals and enterprises in these societies  continue to progress in developing their own digitiza
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