powerpoint presentation€¦ · ppt file · web view&visitors (airbnb . and . homeaway)...
TRANSCRIPT
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Digital Economy
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Pillars of Digital Economy
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Customer Expectations
• Digital technologies enable better customer engagement.
• However, Providing outstanding experiences to increasingly savvy customers is getting harder.
• Customer expectations go beyond ease of use; they’re now expecting proactive experiences ( SMART SYSTEMS ).
• Big Data is one of the enablers of proactive customer experiences.
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Product Enhancements
• SMART Products – Connected & Integrated
• Harnessing the power of platforms Connect buyers & sellers (Priceline, Apple’s App Store), Connect hosts &visitors (Airbnb and HomeAway) Connect drivers & riders (Uber, Lynx )
• New On-Demand economy (UBER) - redefining the nature of work.
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Collaborative Innovations
• Collaboration is indispensable for innovation, within the company’s own boundaries and beyond,
(customers, partners, startups, universities)
• Harnessing Collaborative Digital Networks to build ecosystems, (Amazon, PayPal, Apple, &Microsoft)
• Collaboration and ecosystems are particularly important in the emerging Internet of Things,
(health care, home automation, and smart cities)
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Organizational leadership
• Must rethink company structures & culture to better deal with new market environments and business models.
• Hierarchic Organization will not work in the fast-changing digital economy.
• Inventing effective organizations for the digital economy is the grand challenge for our time,
• Data-Based Decision making vs Opinion–BasedOrganizational Learning. Artificial Intelligence, Robotics
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Digital Economy Outcomes
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Australian digital economy valued at $79b
• Larger than Australia's agriculture, transport or retail industries • Estimated to grow rapidly, $139 by 2020 – 7% of GDP.
• 451,000 ICT specialists in Australia, 4% of total employment
• Mostly working in manufacturing, construction, professional services, financial services, health and education
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UK
Digital Economy Jobs at 1.56m growing at 2.8x times faster
41% of Digital Economy Jobs exist within traditionally non-digital industries
Digital Economy industries grew 32% faster than the rest of the economy (2010-2014)
Denmark
88% of Danish Internet users doing eBanking and 82% shopping online
Danish businesses make 15% of their turnover from online sales
25% of small and medium-sized companies in Denmark sell online
Sweden
32% Productivity contribution of the ICT-sector and the ICT-investments to the Swedish economy 1995 – 2005. contributed 42% to the total productivity growth between 2006 – 2013
ICT-sector accounted for 42% of total growth in labor over 1995–2013.
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China - World largest e-Commerce Market
• More than 40% of worldwide e-commerce transactions, Up from less than 1% about a decade ago.
• China – leading in mobile payments 11 x Transactions value of the USA
• China’s three Internet giants building a rich digital ecosystem Baidu, Alibaba, and Tencent, collectively known as BAT
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Jordan ICT Sector
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REACH 2025Concrete Actions toward a Digital Economy.
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“ A digital economy that empowers people, sectors and businesses to raise productivity and ensure growth and prosperity, creating a highly attractive business destination for investments and international partnerships.
”REACH 2025 Vision Statement
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Smart Specialization and Growth
Action 3 Driving global partnerships and bridges with international digital hubs
Action 1 Adopting the Digital Economy Framework in Jordan’s economy
Action 2 Creating globally relevant, high value digital solutions and IP
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Public Sector Innovation Action 4 Transforming government and public sector to be “digital by default” by 2020
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Action 6 Making Jordan the regional hub for makers
Startups and EntrepreneursAction 5 Boosting digital economy startups in special zones
Action 7 Enabling a culture of digital entrepreneurship & intrapreneurship across Jordan
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Action 8 Implementing 21st century skills to support the digital economy
Skills, Capacity, and Talent
Action 10 Creating models for better women participation in the digital economy
Action 9 Creating a world-class talent pool to support and drive the digital economy demand locally and globally
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6%-8% overall GDP growth by 2025
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25%-30% growth in digital sectors revenue by 2025
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2016 2017 2018 2019 2020 2021 2022 2023 2024 20250
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
05,000
10,00020,000
30,00040,000
50,000
65,000
85,000
105,000
0
2,100
4,200
6,300
8,400
10,500
12,600
14,700
16,800
18,900
0
1,000
3,000
5,000
6,000
8,000
10,000
11,000
13,000
15,000
130,000-150,000 New digital jobs
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5,000-7,000 new businesses in digital economy by 2025
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OpportunityCross Regional Digital Economy
ThreatWorldwide Competition
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Thank You