ID :
209754
Tue, 09/27/2011 - 16:52
Auther :
Shortlink :
https://oananews.org//node/209754
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MALAYSIA MAKES HUGE GAINS ON IT COMPETITIVENESS LIST
SINGAPORE, Sept 27 (Bernama) -- Asia Pacific economies are becoming more competitive in information technology (IT), with seven economies -- Singapore, Australia, Taiwan, Japan, New Zealand, South Korea and Hong Kong -- making the top 20 list of the most competitive economies in the world in IT.
Malaysia and India have also made huge gains, each rising more than 10 spots, according to the Business Software Alliance (BSA) in the 2011 edition of the Economist Intelligence Unit's IT Industry Competitiveness Index.
Updated for the fourth time since 2007, the index benchmarks 66 economies on a series of indicators covering the critical foundation areas for IT innovation: overall business environment, IT infrastructure, human capital, research and development (R&D), legal environment, and public support for industry development.
BSA President and Chief Executive Officer Robert Holleyman said it was abundantly clear from this year’s IT Industry Competitiveness Index that investing in the fundamentals of technology innovation would pay huge dividends over the long term.
"It is also clear that no economy holds a monopoly in information
technology.
"There is a proven formula for success, and everyone is free to take
advantage of it. Because of that, we are moving to a world with many centres of IT power," he said when unveiling the report here on Tuesday.
Topping the overall rankings for 2011 are the United States, Finland, Singapore, Sweden, and the United Kingdom.
Seven Asia Pacific economies are now ranked in the top 20 compared to six in the 2009 Index.
New entrant Hong Kong improved its global ranking from twenty-first to joint nineteenth with South Korea. Other economies that have shown improvement include Singapore, which leapt from ninth to third; Taiwan from fifteenth to thirteenth; and New Zealand from nineteenth to eighteenth.
BSA Asia-Pacific Senior Director (Policy) Roger Somerville said: "Asia Pacific economies have done well with most improving their rankings, some markedly so in the case of Singapore, Malaysia and India."
In particular, he said, Asia Pacific economies dominated in the human capital category, with China, Australia, South Korea, New Zealand, Taiwan and India all in the top 10.
He said the regional economies also fared well in support for IT industry development, with Singapore, Australia, New Zealand and Hong Kong in the top 10.
"The future for Asia Pacific is positive, and in the years ahead,
policymakers in the region have an opportunity to build on existing momentum and shore up any weaknesses.
"We know from global experience it will be worth the effort," he said.
The biggest movers in this year’s index compared to the previous edition in 2009 include Malaysia, which vaulted 11 spots in the overall rankings because of a surge in R&D activity, and India, which leapt 10 spots on the strength of its robust R&D and dynamic human capital environment.
Malaysia and India have also made huge gains, each rising more than 10 spots, according to the Business Software Alliance (BSA) in the 2011 edition of the Economist Intelligence Unit's IT Industry Competitiveness Index.
Updated for the fourth time since 2007, the index benchmarks 66 economies on a series of indicators covering the critical foundation areas for IT innovation: overall business environment, IT infrastructure, human capital, research and development (R&D), legal environment, and public support for industry development.
BSA President and Chief Executive Officer Robert Holleyman said it was abundantly clear from this year’s IT Industry Competitiveness Index that investing in the fundamentals of technology innovation would pay huge dividends over the long term.
"It is also clear that no economy holds a monopoly in information
technology.
"There is a proven formula for success, and everyone is free to take
advantage of it. Because of that, we are moving to a world with many centres of IT power," he said when unveiling the report here on Tuesday.
Topping the overall rankings for 2011 are the United States, Finland, Singapore, Sweden, and the United Kingdom.
Seven Asia Pacific economies are now ranked in the top 20 compared to six in the 2009 Index.
New entrant Hong Kong improved its global ranking from twenty-first to joint nineteenth with South Korea. Other economies that have shown improvement include Singapore, which leapt from ninth to third; Taiwan from fifteenth to thirteenth; and New Zealand from nineteenth to eighteenth.
BSA Asia-Pacific Senior Director (Policy) Roger Somerville said: "Asia Pacific economies have done well with most improving their rankings, some markedly so in the case of Singapore, Malaysia and India."
In particular, he said, Asia Pacific economies dominated in the human capital category, with China, Australia, South Korea, New Zealand, Taiwan and India all in the top 10.
He said the regional economies also fared well in support for IT industry development, with Singapore, Australia, New Zealand and Hong Kong in the top 10.
"The future for Asia Pacific is positive, and in the years ahead,
policymakers in the region have an opportunity to build on existing momentum and shore up any weaknesses.
"We know from global experience it will be worth the effort," he said.
The biggest movers in this year’s index compared to the previous edition in 2009 include Malaysia, which vaulted 11 spots in the overall rankings because of a surge in R&D activity, and India, which leapt 10 spots on the strength of its robust R&D and dynamic human capital environment.
