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ICT 2015

About the new challenges of technology in social and economic development? Bit Bang 5.11 .2014 Pekka Ala-Pietilä. ICT 2015. … nature of this new challenge of technology …. Finite or infinite game – (r) evolutionary nature of development Speed of development

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ICT 2015

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  1. About the new challenges of technology in social and economic development?Bit Bang5.11.2014Pekka Ala-Pietilä ICT 2015

  2. … nature of this new challenge of technology … • Finiteor infinite game – (r)evolutionarynature of development • Speed of development • Complexity and the aspect of unintentedconsequences ICT 2015

  3. … dynamicnature of competition … It is not the strongest of the species, nor the most intelligent that survives. It is the one that is the fastest and most adaptable to change. - Charles Darwin ICT 2015

  4. (tech)E = m x 2c • High tech • Slow tech • Lowtech ICT 2015

  5. … mastering the shifts … • Time -aspects • Infrastructure dimension • Ecosystems ICT 2015

  6. … mastering the shifts … • Time -aspects • Infrastructure dimension • Ecosystems • High tech • Slow tech • Lowtech ICT 2015

  7. … impacts … • Individual level • Social level • Economicallevel ICT 2015

  8. Challenges for a Nation - case Finland Inc. - • #3 by WEF • #6 by Hausmann & Hidalgo • #1 educational system • #1 least corrupted nation • #1 virus-free public networks • etc… -> static nature of • #17 by IMD • 3rd last in growth aspirations of SMEs’ • 3rd last in global expansion aspirations of SMEs’ • trade balance deficit -> dynamic nature of competitiveness ICT 2015

  9. ICT - the locomotive of growth • Techicalprogresscontributes2/3 of the growth (Solow) • ICT is the mostpowerful general purposetechnology • 75% of Internet benefitsareenjoyedbytraditionalsectors (McKinsey: Internet Matters 2012) ICT 2015

  10. Product is the King • The growth- at the end of the day - is attributable to the productcompetitiveness • As a function of digitalization the growing part of the added value and competitiveness comes in a form of service • Capability to ablyICT opens an uniquepath for renewal ICT 2015

  11. Companiestake the decisions and carry the risks • Nation doesn’t pick the winner, it builds enablers • Innovation requires money, time and scarcity Division of labour ICT 2015

  12. Spearhead country of ICT know how, where it is appealing for enterprises to develop and grow and public services are customer driven and frictionless. Frictionless Finland ICT 2015

  13. Four critical paths • Common national service intrastructure to be designed swiftly - for implementation 120 M€ for 2014-2017 • ICT 2023 –research, development and innovationprogram to createrelevant and deepknowledge - additionalinvestment 10 M€/annually • Significantfundingprogram to support the financing of sead and growthphasecompanies - state’sshare of investment 50 M€ annually • Long termdirectionsetting and agileimplemention to besecured - ExpertTaskForceestablished 17.1.2013 underPrimeMinister’s Office ICT 2015

  14. ICT is a means to an end – not a goal of itself ± 0 ++ new ICT-systems and solutions ? ! better utilization of existing ICT- systems new processes, solutions existing processes, structures ICT 2015 PAP 16.8.2012

  15. ICT and new growth Access to critical ecosystems and marketinfo Privatesector renewal ? Public sector renewal ICT 2015 PAP 16.8.2012

  16. ICT and new growth Access to critical ecosystems and marketinfo Privatesector renewal Customer needs Public sector renewal ICT 2015 PAP 16.8.2012

  17. About the new challenges of technology in social and economic development?Bit Bang5.11.2014Pekka Ala-Pietilä ICT 2015

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