Finland in the Stall Out zone for digital evolution? – Helsinki Times
Posted: August 17, 2017 at 3:47 pm
Finland isin the top five of the most digitally advancedcountries in the world, according to the Digital Evolution Index.
The world is rapidly moving towards digitalisation and automation in all areas of society. Yet some of the most digitally advanced economies in the world are struggling to sustain digital growth and innovation Finland being one of them. This years Digital Evolution Indexplaces Finland in the Stall Out Zone; a category for digitally advanced countries that have reached so-called digital plateaus of slowing momentum in terms of digital growth.
Moving past these digital plateaus will require a conscious effort by these countries to reinvent themselves, to bet on a rising digital technology in which it has leadership, and to eliminate impediments to innovation, the researchers behind the Digital Evolution Index suggest. The states in the Stall Out category among them all Nordic nations seem to suffer from issues on both the supply and demand sides of digital growth; past digitalisation is not translating into future innovation because of market saturation and a lacking start-up culture.
Yet, compared to its Nordic neighbours, Finland has fared quite well in adding fresh fuel to its digital innovation engine to keep it running. The past years have been a turbulent time for Finnish business, with a long economic recession following the decline of Nokias mobile phone production, yet Finlands digital sector is now evolving faster than those in any other Nordic countries. In fact, Finland is not far away from being included in the Stand Out zone for digitally advanced countries with a fast-paced digital evolution.
Nevertheless, the road from the stall out category to the stand out zone is a slippery one, and as noted in the Harvard Business Review, all countries need to continuously generate new demand to avoid stalling out. Countries in the Break Out zone, with China in the forefront, are evolving rapidly and have the potential to become the leaders of digital business and technology in a matter of years. China has gone from almost no digital innovation at the turn of the century to having a population of 730 million Internet users today. This rapid development has made China the country with the largest number of Internet users in the entire world, and thus a lucrative market for e-commerce.
If Finland wants to remain at the vanguard of digitalisation, it should look to countries with a similar population size but with a faster digital evolution. Examples of such countries are Estonia, Singapore and New Zealand. Estonia is, of course, a particularly interesting example not only because of its geographical proximity to Finland, but also because of its leading position in e-government.
As the data used to measure each countrys pace of digital evolution in this years Digital Evolution Index was gathered between 2008 and 2015, it is worth keeping in mind that Finland only declared its recessionary era to be over as recently as last year. Digital evolution in Finland is thus likely to pick up speed in the coming few years, if it has not already done so. A promising example for Finlands digital future is Slush a phenomenally successful start-up event that brings together the global tech scene in the winter darkness of Helsinki.
Nicole BerglundHelsinki Times
Originally posted here:
Finland in the Stall Out zone for digital evolution? - Helsinki Times
- The Christmas tree industry is banking on environmentally conscious millennials to save it - Business Insider - December 4th, 2019
- Abandoning Earth: Personhood and the Techno-Fiction of Transhumanism - Patheos - December 4th, 2019
- The Global Inequality Gap, and How It's Changed Over 200 Years - Visual Capitalist - December 4th, 2019
- RPA: Citizen Developers at the Corner of Speed and Value - Security Boulevard - December 4th, 2019
- FitVine Wine Uncorks A New Bright And Bold Look - Benzinga - December 4th, 2019
- Foxs New Progressive Star Jessica Tarlov Talks to Mediaite About Being Outnumbered - Mediaite - December 4th, 2019
- What men really want: The evolution of mens grooming category - ETBrandEquity.com - December 4th, 2019
- Why CalSTRS Chooses to Engage with the Gun Industry - Harvard Business Review - December 4th, 2019
- What will be the upcoming growth in the Aluminum Composite Panel Market? - Alpha News Report - December 4th, 2019
- What is the market size of Microreactor Technology ? - Alpha News Report - December 4th, 2019
- Will the World End With a Bang, a Whimper or Christ? - Word and Way - December 4th, 2019
- What will be the growth of the Air Chain Hoist Market by 2026? - Alpha News Report - December 4th, 2019
- Suspension Fork Market 2019 | Analyzing the Impact Followed by Restraints, Opportunities and Projected Developments | Market Expertz - Alpha News... - December 4th, 2019
- What will be the Medical Nitrogen Generator Market size and the growth rate by 2026? - Alpha News Report - December 4th, 2019
- From 'orchestrating banter' to being repeatedly told to 'announce Babacar': the exhausting world of running a... - The Athletic - December 4th, 2019
- Futurologist Lucie Greene: 6 trends influencing consumer behavior in 2020 - FashionUnited UK - December 4th, 2019
- Why the Decline in Individual Donors Should Matter to Institutional Philanthropyand What to Do about It - Nonprofit Quarterly - December 4th, 2019
- Beyond the Biological: Why Humanists Must Be Leery of Inner Drive - Patheos - December 4th, 2019
- From trade to geopolitical significance, it is time for India to look again at Mauritius - The Indian Express - December 4th, 2019
- December 2019 Events for OB and San Diego From the Ocean Beach Green Center - OB Rag - December 4th, 2019
- Greta Van Fleet say their new album is the next step in the evolution of the sound of this band - NME.com - November 30th, 2019
- Toxic Positivity is a Thing and It Needs to Stop - Thrive Global - November 30th, 2019
- 40 Photos Of Starbucks' Evolution Over The Decades - Delish - November 30th, 2019
- You do eat more at the holidays: Evolution trained you to - Utica Observer Dispatch - November 30th, 2019
- Lessons In Luxury Travel: Gen Z's Influence On The Economy - Forbes - November 30th, 2019
- Inter Pipeline injects $10M into plastic waste reduction research - Sherwood Park News - November 30th, 2019
- Tiki bars are built on cultural appropriation and colonial nostalgia. Where's the reckoning? - Los Angeles Times - November 30th, 2019
- Automotive Roof Trim Market Emerging Trends, Business Opportunities, Segmentation, Production Values, Supply-Demand, Brand Shares and Forecast... - November 30th, 2019
- Home Broadband Wi-Fi Devices Market 2019-2026 Segment by Regions, Overall analysis, Type, Application and Sales | Market Expertz - Alpha News Report - November 30th, 2019
- Wild at Heart: At Home with Joe Hutto and Rita Coolidge - Flamingo Magazine - November 30th, 2019
- Static Code Analysis Software Market Size and Growth Factors Research and Projection 2026): PyCharm, ReSharper, Coverity, etc - The Bay State Herald - November 30th, 2019
- The Top 50 Pop Culture Moments, Milestones and Memories of the Decade - W - November 30th, 2019
- Global Portable RFID Printers Market | Do You Want To Know the New Business Trend During (2019-2026) | Exclusive Report By Market Expertz - The Bay... - November 30th, 2019
- OYO opens 250 hotels in Thailand - Livemint - November 30th, 2019
- 'Marriage Story' and the Evolution of the Divorce Film - Hollywood Reporter - November 16th, 2019
- The 50 best books of 2019 - Telegraph.co.uk - November 16th, 2019
- Students view rare fossils at the Perot Museum - University of Dallas University News - November 16th, 2019
- Looking Death in the Eye: Why Your Brain Is Convinced You'll Live Forever - CTech - November 16th, 2019
- Otherwise, 'Defy' album review - The Independent - November 16th, 2019
- Ralph Is Carving Her Own Path With 'Flashbacks & Fantasies' EP - Billboard - November 16th, 2019
- Facebook will soon let you send payments inside WhatsApp but it may use the data for advertising - Telegraph.co.uk - November 16th, 2019
- Preview: Funnyman Maniscalco on staying hungry and avoiding politics - Montreal Gazette - November 16th, 2019
- Breakout Star Taylor Russells Cosmic Connection To Waves - Refinery29 - November 16th, 2019
- Star Wars: C-3PO Died a Long Time Before The Rise of Skywalker - CBR - Comic Book Resources - November 16th, 2019
- Women In AI: Julie Choi Focuses On Customer Obsession In Research and Technology - Forbes - November 16th, 2019
- The rise of regional Indian food around the world - Forbes India - November 16th, 2019
- The questions that will shape the future of capitalism - Chicago Booth Review - November 16th, 2019
- Sen. Cory Booker on Environmental Justice, Nuclear Power & Savage Racial Disparities in the U.S. - Democracy Now! - November 16th, 2019
- Thermoplastic Polyester Elastomer (TPEE) Market (2019-2026) | Size, Growth Trends, Future Prospects, And Their Contribution to the Global Indystry... - November 16th, 2019
- Heat Sinks Market share forecast to witness considerable growth from 2019 to 2026 - Chronicle Voice - November 16th, 2019
- Wedge Wire Screen Market Size, Emerging Technologies, Future Trends, Competitive Analysis and Segments Poised for Strong Growth in Future |... - November 16th, 2019
- TOMS Moves Beyond its Iconic One for One Model to Further Giving and Innovate Impact - Causeartist - November 16th, 2019
- Freezing Drying Equipment Market 2019 | Analyzing the Impact Followed by Restraints, Opportunities and Projected Developments | Market Expertz -... - November 16th, 2019
- Sustainable Design Moves Further into the Mainstream - Business West - November 16th, 2019
- A century of trauma: Tracing the evolution of PTSD through four soldiers - Ottawa Citizen - November 10th, 2019
- Hardware Review: Go-tcha Evolve - The Pokmon GO Plus Killer - Nintendo Life - November 10th, 2019
- COSMOS Returns! Season 3 of the Most Celebrated Science Show on the Planet to Premiere March 9, 2020, on National Geographic - Business Wire - November 10th, 2019
- We are at a new juncture in modern Indian architecture - The Sunday Guardian - November 10th, 2019
- An exhibition revisits six decades of artist Jogen Chowdhurys body of work - The Indian Express - November 10th, 2019
- Library : The Importance of 'Three Languages' in Education - Catholic Culture - November 10th, 2019
- Tigerlily deletes Instagram in rebrand from swimwear to apparel range - NEWS.com.au - November 10th, 2019
- Elections used to bring us solutions. The 2019 general election wont - The Guardian - November 10th, 2019
- The end of The Affair: Maura Tierney and creator Sarah Treem look back at 5 seasons of the Showtime drama - Entertainment Weekly News - November 10th, 2019
- Artist AlanJames Burns to launch immersive VR experience in Swords - hotpress.com - November 10th, 2019
- Game Of Thrones: 10 Questions We Want Answered By The House Of The Dragon Prequel - Screen Rant - November 10th, 2019
- Edited Transcript of BPE.MI earnings conference call or presentation 8-Nov-19 8:30am GMT - Yahoo Finance - November 10th, 2019
- Vaughn Benjamin Dead: 5 Fast Facts You Need to Know - Heavy.com - November 10th, 2019
- Opinion: It's arrogant to assume humans will never imbue AI with consciousness - The Next Web - November 8th, 2019
- Montage Hotels rolls out luxury residences with its new Pendry hotel on the Sunset Strip - Los Angeles Times - November 8th, 2019
- Language, Consciousness and Identity - Daily Times - November 8th, 2019
- 'The Bachelor' host talks diversity in the franchise - Daily Trojan Online - November 8th, 2019
- Nicola Benedetti: 'Music is the art of all the things we can't see or touch. We need it in our lives' - The Guardian - November 8th, 2019
- Deaf Havanas Meet Me Halfway, at Least Ten Years On, and Why Sound Evolution is so Important (Interview) - VultureHound Magazine - November 8th, 2019
- Talend: A Value Name To Buy While The Market Sits At New Highs - Seeking Alpha - November 8th, 2019
- COSMOS Returns! Season 3 of the Most Celebrated Science Show on the Planet to Premiere March 9, 2020, on National Geographic - Yahoo Finance - November 8th, 2019
- Griffith researchers at the forefront of developing personalised medical implants - Griffith News - November 8th, 2019
- 31 Movies Worth Watching in Seattle This Weekend: Nov 710, 2019 - TheStranger.com - November 8th, 2019
- 1 year later, Washoe Valley dispensary offers window into Nevada's budding cannabis industry - NN Business View - November 8th, 2019
- Noble Frankland obituary | Register - The Times - November 8th, 2019
- Will John Bercow's replacement cause issues in the fight to stop Brexit? - The New European - November 8th, 2019