Thursday, June 14, 2012

A Snapshot of Australia’s Digital Future to 2050

Ruthven, Phil. A Snapshot of Australia’s Digital Future to 2050, a report commissioned by IBM, 2012.
From the article: "A world-first, the report reveals information and communications technology (ICT) enhanced with ubiquitous high-speed broadband is becoming Australia’s new utility – as historic and game changing as electricity or telephony… The report predicts that 10 per cent of Australia’s 509 industries, accounting for 23 per cent of the nation’s revenue, will not function without this new utility. A further 23 per cent of industry revenue will use it to drive step-changes in their business. 15 industry classes are likely to demise if they do not reinvent themselves to embrace the digital future; and some may simply be unable to do so. The report finds that Australia will no longer be known for its dependency on the export of natural resources over the next half century. It will become known as much an exporter of services such as tourism, business services, health and education services. The export of tourism alone could match the 2012 mineral exports totalling around $175 billion by 2030." Read more