Professor Klaus Schwab Executive Chairman Espen Barth Eide Managing director Centre for Global Strategies EDITORS Beñat Bilbao-Osorio, Associate Director and Senior Economist, Global Competitiveness and Benchmarking Network, World Economic Forum Soumitra Dutta, Dean
Marcus (World Economic Forum) Foreword vii John Chambers (Cisco systems) Foreword ix Cesare Mainardi (Booz & Company) Executive Summary xi Beñat Bilbao
An Action Plan 43 for Policymakers and Executives Bahjat El-Darwiche, Volkmar Koch, David Meer, Ramez T. Shehadi,
and the economies around them will thrive accordingly. 2014 World Economic Forum 2014 World Economic Forum Executive Summary BEÑAT BILBAO-OSORIO, World Economic Forum SOUMITRA DUTTA, Cornell
and government (7th) and one of the highest technological and non-technological innovation performances in the xii The Global Information technology Report 2014 Executive Summary 2014 World Economic Forum
and entrepreneurship, will be The Global Information technology Report 2014 xiii Executive Summary 2014 World Economic Forum crucial to avoid the emergence of a new digital divide that will be evident in a disparity of the economic and social
An Action Plan for Policymakers and Executives In Chapter 1. 3, Bahjat El-Darwiche, Volkmar Koch, David Meer, Ramez T. Shehadi,
so that executives base their judgments on data rather than hunches. Research already indicates that companies that have managed this are more likely to be productive and profitable than their competition.
while at the same time providing greater security for organizations that use xiv The Global Information technology Report 2014 Executive Summary 2014 World Economic Forum big data.
what is found in historical databases that cut through the mystique of The Global Information technology Report 2014 xv Executive Summary 2014 World Economic Forum big data
It represents a major change in the way that xvi The Global Information technology Report 2014 Executive Summary 2014 World Economic Forum businesses
The Global Information technology Report 2014 xvii Executive Summary 2014 World Economic Forum 2014 World Economic Forum The Networked Readiness Index Rankings 2014 World
The Economist Intelligence Unit released survey data showing that approximately two-thirds of executives feel that big data will help find new market opportunities
These data come from the Executive Opinion Survey (the Survey which the Forum administers annually to over 15,000 business leaders in all economies included in the Report. 8 The Survey represents a unique source of insight into many critical aspects related to the enabling environment,
The Executive Opinion Survey: The Voice of the Business community. In The Global Competitiveness Report 2013 2014.
An Action Plan for Policymakers and Executives BAHJAT EL-DARWICHE VOLKMAR KOCH DAVID MEER RAMEZ T. SHEHADI WALID TOHME Booz & Company The total volume
so that senior executives make more judgments based on clear data insights rather than on intuition. They must build the necessary internal capabilities,
in 2012 the Aberdeen Group found that the proportion of executives who reported that their companies were unable to use unstructured data,
Executives must harness this recent data explosion by focusing on carefully formulating the business questions that enable the swift and accurate identification of those nuggets of data that they believe can improve their organization's 1970 1980 1990 2000 2010 Now and future Figure 1:
The authors interviewed executives in 330 publicly traded companies in the United states. They then examined relevant performance data,
The first maturity stage, performance management, enables executives to view their own business more clearly through, for example, user-friendly management information dashboards.
Priorities for executives There is no general rule dictating how organizations should navigate the stages of big data maturity.
In less-advanced sectors, with executives still grappling with existing data, making intelligent use of
The main priorities for executives are to: develop a clear (big data strategy; prove the value of data in pilot schemes;
That may be because of IT executives'understanding of the realities on the ground. Lack of a data-driven mind-set
Senior executives will have an easier time winning buy in from business functions if they demonstrate how big data might be valuable to them.
allowing remote executives to attend weekly review meetings in person. A California-based multinational energy corporation is using big data to transform the audit function.
For more information on the Executive Opinion Survey and a detailed explanation of how scores are computed,
For more information on the Executive Opinion Survey and a detailed explanation of how scores are computed,
OTHER INDICATORS Indicators not derived from the Executive Opinion Survey are presented in black bar graphs. For each indicator, a short description appears at the top of the page.
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World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 2014 World Economic Forum 3rd pillar Infrastructure and digital content 2014 World
World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 2014 World Economic Forum 4th pillar Affordability 2014 World Economic Forum
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World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 2014 World Economic Forum 7th pillar Business usage 2014 World Economic
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World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 2014 World Economic Forum 2014 World Economic Forum 8th pillar Government
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World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 2014 World Economic Forum 9th pillar Economic impacts 2014 World Economic
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World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 1. 02 Laws relating to ICTS*How developed are your country's laws relating to the use of ICTS (e g.,
World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 1. 03 Judicial independence*In your country, to what extent is the judiciary independent from influences of members of government, citizens
World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions Technical Notes and Sources 1. 04 Efficiency of legal framework in settling disputes*In your country
World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 1. 05 Efficiency of legal framework in challenging regulations*In your country, how easy is it for private businesses
World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 1. 06 Intellectual property protection*In your country, how strong is the protection of intellectual property,
World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 1. 07 Software piracy rate Unlicensed software units as a percentage of total software
World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 2. 02 Venture capital availability*In your country, how easy is it for entrepreneurs with innovative
World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 2. 03 Total tax rate Sum of profit tax, labor tax and social contributions, property taxes, turnover taxes,
World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 2. 07 Tertiary education enrollment rate Gross tertiary education enrollment rate(%)2011 Tertiary
World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 2. 09 Government procurement of advanced technology products*In your country, to what extent do government purchasing decisions
World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 3rd pillar: Infrastructure and digital content 3. 01 Electricity production Electricity production (kwh) per capita 2011 Electricity production is measured at the terminals of all alternator sets in a station.
World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 4th pillar: Affordability 4. 01 Prepaid mobile cellular tariffs Average per-minute cost of different types of mobile cellular calls (PPP $) 2012 This measure is constructed by first
World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 5. 02 Quality of math and science education*In your country, how would you assess the quality of math and science education
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World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 7th pillar: Business usage 7. 01 Firm-level technology absorption*In your country, to what extent do businesses adopt new technology?
World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 7. 02 Capacity for innovation*In your country, to what extent do companies have the capacity to innovate?
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World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 7. 05 Business-to-consumer Internet use*In your country, to what extent do businesses use the Internet for selling their goods and services
World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 7. 06 Extent of staff training*In your country, to what extent do companies invest in training and employee development?
World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 8th pillar: Government usage 8. 01 Importance of ICTS to government vision of the future*To what extent does the government have a clear implementation plan for utilizing ICTS to improve your country's overall competitiveness?
World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 8. 02 Government Online service Index The Government Online service Index assesses the quality of government's delivery
World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 9th pillar: Economic impacts 9. 01 Impact of ICTS on new services and products*In your country, to what extent do ICTS enable new business models?
World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 9. 02 PCT ICT patent applications Number of applications for information and communication technology related
World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 9. 04 Share of workforce employed in knowledge-intensive activities(%)Share of workforce employed in knowledge-intensive
World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 10.02 Internet access in schools*In your country, how widespread is Internet access in schools?
World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 10.03 ICT use and government efficiency*In your country, to what extent does the use of ICTS by the government improve the quality of government
World Economic Forum, Executive Opinion Survey, 2012 and 2013 editions 10.04 E-Participation Index The E-Participation Index assesses, on a 0-to-1 (best) scale
and is the Executive Sponsor for the company's sustainability programs. He has been a Task force member of the New Energy Architecture project run by the World Economic Forum
and completed Executive Business Management Programs at Harvard Business school and London Business school. 2014 World Economic Forum About the Authors 332 The Global Information technology Report 2014 Alex
and Marketing Director and Analyst Habib Sy, Director Général Mauritius Board of Investment, Mauritius Manaesha Fowdar, Investment Executive, Competitiveness Khoudijah Maudarbocus-Boodoo, Director
Managing director, Planning & Policy Cheng Wai San, Deputy Director, Research & Statistics Unit Teo Xinyu, Executive, Research & Statistics Unit Slovak Republic Business
Planning and Development, Executive Yuan Chien-Liang Chen, Deputy Minister J. B. Hung, Director, Economic Research Department Chung Chung Shieh, Researcher
of Strategy Nirmala Harrylal, Director, Internationalisation and Institutional Relations Centre Richard A Ramsawak, Deputy Director, Centre of Strategy and Competitiveness The Competitiveness Company Rolph Balgobin, Executive
Chairman Tunisia Institut Arabe des Chefs d'Entreprises Ahmed Bouzguenda, President Majdi Hassen, Executive Counsellor Turkey TUSIAD Sabanci University Competitiveness
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