October 01, 2020
The World Digital Competitiveness Ranking 2020 was issued recently showcasing the world’s top 15 most digitally-advanced countries. Among Arab countries, the UAE is leading and followed by Qatar (30th), Saudi Arabia (34th) and Jordan (53rd). Globally, the US and Singapore retained their first and second positions, respectively, according to the IMD World Competitiveness Centre.
For the past years, UAE leadership has been putting innovation, technology and digitalization as the main goals for the country’s strategy both in a short and long-term perspectives and the numbers are proving the great results were achieved.
The research also indicates that many SME owners are still living their usual business routines, not willing to widely implement digital transformation at practical level. The perceptions of business executives in a number of areas such as agility of companies and availability of technological skills must be improved. In other words, the business must embrace the benefits that technology offers and adjust its operations accordingly.
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