Summary of The Global Information Technology Report 2016

Innovating in the Digital Economy

World Economic Forum, more...

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The Global Information Technology Report 2016 summary
The fourth industrial revolution is transforming industries, economies and society.


8 Overall

8 Importance

8 Innovation

8 Style


Digital developments such as the Internet of Things and artificial intelligence are the driving forces of innovation in the fourth industrial revolution. This global recap of technological impacts from the World Economic Forum offers policy makers and business executives an up-to-date, authoritative assessment of the preparedness of 139 countries to seize the opportunities and manage the challenges of this socioeconomic metamorphosis. getAbstract recommends this authoritative report to policy makers and business executives responsible for managing technology’s rapid advances and disruptive prospects.

In this summary, you will learn

  • What the fourth industrial revolution means,
  • What the “networked readiness index” measures and
  • How countries can leverage digital technologies to their benefit.


Known as “the fourth industrial revolution,” technological advancements across an array of “digital, biological and physical” platforms are transforming the global economy and society. An annual “networked readiness index” (NRI) measures the preparedness of 139 countries to exploit these digital developments...
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About the Authors

Silja Baller is a World Economic Forum economist. Soumitra Dutta is the dean of Cornell University’s College of Business. Bruno Lanvin is an executive director at INSEAD.

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