Sweden well ahead in digital transformation yet has more to do

Andersson Sweden Finance

Ms Magdalena ANDERSSON, Swedish Minister for Finance. Shoot location: Bruxelles – BELGIUM. Shoot date: 24/05/2018. Copyright: European Union .

This article is brought to you in association with OECD.

Sweden’s efforts to embrace the shift to digital have been a key driver of economic growth in recent years, yet more needs to be done to get remote areas of the country online, bring digital technology to small firms, upgrade skills and meet security and privacy challenges, according to a new OECD report.

OECD Reviews of Digital Transformation: Going Digital in Sweden finds Sweden is among the top OECD countries in deploying digital technology across households and business, with widespread Internet use across the country and narrower digital divides by age, education, income and firm size than most countries. The availability, quality and affordability of high-speed Internet in Sweden is among the best in the OECD.

Sweden’s economy has the highest share of value added coming from information and communication (ICT) technologies of OECD countries and is among the top ten exporters of ICT services. Use of digital technologies has helped Swedish firms to integrate into global value chains in manufacturing and move up the value chain to focus on high value-added services like product design and marketing. Sweden is also a leader in the Internet of things.

While Sweden is on a solid path to reach its goal of having 98% of households and firms connected to 1 gigabit per second Internet by 2025, it should now focus on enhancing co-ordination among national, regional and local broadband deployment strategies and  expanding networks in sparsely populated areas. The use of digital technologies by people with lower levels of income or education could be further increased. Sweden also lags other countries in opening up government data to citizens.

On the business side, while digital tools are widely used in Swedish firms, most are slow to seize opportunities to analyse big data. There is also a limited supply of advanced ICT skills in the Swedish workforce. The report also notes that as an international hub of scientific and technological leadership, Sweden should strengthen its policy priorities and publicly funded programmes for digital innovation.

Concerns about digital security are higher among Swedish people than in many other OECD countries. The government should promote a clear vision of digital security risk management as an economic and social responsibility of all and provide stronger policy leadership.

The report is the first in a new series of OECD reviews that will analyse development of the digital economy, review policies and make recommendations to improve performance as part of the Organisation’s Going Digital project.

the sting Milestone

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

These are the countries best prepared for health emergencies

Independent UN rights experts call for ‘immediate investigation’ into alleged Bezos phone hack by Saudi Arabia

Mental Health: Role of the individual for their well-being in the pandemic

How fixing broken food systems can help us meet all the SDGs

What are the real debates surrounding immigration in an increasingly globalized world?

“Financial crisis will not happen in China!”, the Chinese Premier underlines from Switzerland; the Sting reports live from World Economic Forum 2015 in Davos

Bid to raise $5.5 billion for millions of Syrians and their host communities

Correcting the “jitters” in quantum devices

Consumers’ rights against defective digital content agreed by EU lawmakers

Eurozone: Austerity brings new political tremors

Why quantum computing could make today’s cybersecurity obsolete

UN underscores the need to celebrate indigenous peoples, not confine them

The best and worst parenting advice I’ve heard, by a leading psychologist

This AI outperformed 20 corporate lawyers at legal work

UN allocates $20 million in emergency funding, as Cyclone Idai disaster unfolds

The challenges of Chinese investment in Latin America

MEPs demand unprecedented support measures for EU firms and workers

UN, African Union make significant joint commitment to global health

Combatting antisemitism requires ‘solidarity in the face of hatred’, says UN chief

This young scientist is tackling food insecurity for the world’s most vulnerable groups

Diversity training doesn’t change people’s behaviour. We need to find out what does

UN chief praises Japanese climate resilience, as Typhoon Hagibis cleanup begins

Crimea: The last bloodless secession of a Ukraine region?

Multiprofessional action against the indiscriminate use of antibiotics

Mali: Presidential elections critical to consolidate democracy, says UN peacekeeping chief

Portugal: €4.66 million in aid for 1,460 dismissed workers and jobless young

How to stop data leaks

These are New York Public Library’s 10 most borrowed books

FIRST PERSON: An artist’s ‘obsession’ with New Orleans tradition

UN space-based tool opens new horizons to track land-use on Earth’s surface

Is sub-Saharan Africa ready for the electric vehicle revolution?

World-famous cultural institutions closed due to coronavirus are welcoming virtual visitors

3 steps to making multistakeholder partnerships a powerful force

This is why coral reefs are so vital for the planet

Minority governments ‘à la mode’ in Europe but can they last long?

The European reaction to the neo-fascist wind

Here’s how tech can help governments fight corruption

Financial transactions tax gets go ahead

UN chief welcomes resolution to 27-year-old disagreement over renaming the former Yugoslav Republic of Macedonia

Here’s how to help India’s rural population go digital

It’s people, not technology, that will decide the future of work

Coronavirus: EU guidance for a safe return to the workplace

What will the US look like under Trump? Was his election campaign a big scam?

Ukraine: turning challenges into opportunities

Draghi will not hesitate to zero ECB’s basic interest rate

Security Council resolution endorses moves towards long-sought Afghanistan peace

UN agriculture chief urges ‘transformative changes’ to how we eat

How to test if Kiev’s ‘Maidan’ was an authentic revolt or a well-planned operation

UN chief calls for ‘enlightened self-interest’ from world leaders to save ‘the whole planet’ from climate change

Deeper reforms in Germany will ensure more inclusive and sustainable growth

Shenzhen just made all its buses electric, and taxis are next

Greece will probably stay in the Eurozone but at what cost?

5 ways to #BeatAirPollution

Nitrate pollution of water sources: new impulses for EU Water Policy?

Technology can hinder good mental health at work. Here’s how it can help

Ethiopian Prime Minister Abiy Ahmed wins Nobel Peace Prize

How COVID-19 could open the door for driverless deliveries

Window for a Brexit deal: Brussels to think again May’s proposal

Dreaming of China

IMF’s Lagarde: Estimating Cyber Risk for the Financial Sector

More Stings?


Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s