BAJAN SUN MAGAZINE
OCT 2014
How do you think Technology will
change the Global Economy Next?
E
ncouraging matured generation to be efficient
and motivating young generation for a bright
future. Yet, there are some limitations to be
covered. To make sure new invention of technology
is on the right track, utilization of current tech, and
it's implications are on a good way, what should be
addressed and covered? Suggestions are required
both for short term and long term.
created a number of challenges for companies and
governments. Companies are grappling with the
speed of change, new competitors, changing
business models, and data security, particularly
after the recent high-profile security breach of
Apple’s iCloud service. Governments, too, have
been slow to embrace change because of concerns
about privacy.
The Digital Advantage
The panelists were unanimous that rapid
technological development will continue, and
businesses need to embrace the trend. “If a
company doesn’t embrace digitization, it is
finished,” said Austin Okere, Chief Executive
Officer, Computer Warehouse Group Plc, Nigeria.
The rise of Uber, for example, threatened the
traditional taxi business almost overnight, and the
same is playing out in multiple industries around
the world.
How is technological readiness reshaping global
competitiveness?
Dimensions to be addressed:
- Impact of supply chain digitization
- Role of STEM education and skills
- Drivers of busine