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 Milestones

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

UN chief pays tribute to the courage of DR Congo citizens, and the sacrifice of blue helmets

Low productivity jobs continue to drive employment growth

How can we build a workforce for our digital future?

Why the ocean holds the key to sustainable development

One day your doctor might prescribe healthy food and a museum visit – here’s why

7 ways to break the fast fashion habit – and save the planet

EU invests more than €100 million in new LIFE Programme projects to promote a green and climate-neutral Europe

EC v Samsung: A whole year to compile a case

Autumn 2019 Economic Forecast: A challenging road ahead

3 ways to nurture collaboration between universities and industry

Scotland in United Kingdom: It’s either the end or the beginning of the end

A 10-step plan to save our seas

After globalization what? Europe’s long, straining shake-up post Davos wreckage

What keeps me up at night? Two strategists reply

The Silent Pandemic: The impact of the COVID-19 pandemic on mental health

5G networks: to slice or not to slice?

Migration Crisis: how to open the borders and make way for the uprooted

Stop wars disguised as peace missions

Ship Recycling is the Commission’s Titanic

Madagascar: UN Secretary-General reaffirms support for electoral process

Glasgow and Edinburgh race to become the UK’s first net-zero emissions city

Asking for more restriction on intra EU immigration: Unproductive and politically dangerous

3 tech design principles to help curb digital repression

Is your business model fit for the Fourth Industrial Revolution?

Plastic waste from Western countries is poisoning Indonesia

Why Europe is more competitive than the US

Commission reports on progress made by Albania and North Macedonia

Is Data Privacy really safe seen through Commissioner’s PRISM?

How can entrepreneurship tackle the migration crisis in the EU?

EU consumer rules: Airbnb cooperates with European Commission and EU consumer authorities improving the way it presents offers

5 of the world’s deadliest infectious diseases

The Banking Union divides deeply the European Union

3 reasons why responsibly-deployed technology is key to the COVID recovery

5 ways to make your organization a great sustainability partner

Soccer is back with strict COVID-19 rules. Here’s what you need to know

6 young leaders who are improving the state of the world on International Youth Day

Death as a Global Public Health Issue

Nearly half a billion people can’t find decent work; unemployment set to rise: new UN labour report

The road ahead to building a more sustainable world

These Indian fishermen take plastic out of the sea and use it to build roads

Somalia: UN congratulates Puntland region’s newly-elected President

The importance of Yellow September and suicide prevention in Brazil

EU announces €25 million for education in crisis contexts and €140 million to support research in sustainable food systems

Draghi tells the Parliament the ECB to use all its weaponry; euro slides to parity with the dollar

Financial support for workers affected by no-deal Brexit

Youth Internationalization: part of everyday life in JADE

Planes can now fly for 21 hours non-stop. But are people ready?

ECB readies itself for extraordinary monetary measures defying Germany

State aid: Commission approves €1 billion Cypriot scheme to support enterprises and self-employed individuals in context of coronavirus outbreak

Europe divided: 30 years on from the fall of the Berlin Wall

3 things to know about India’s space programme

European Youth Event 2020: giving a voice to young people to influence EU policy

Fairer and clearer rules on social benefits for EU mobile workers agreed

Gender Equality in Medicine: are we now so different from the Middle Ages?

COP21 Breaking News_12 December: The New Draft Agreement!

Common charger: a long-awaited proposal requested by Parliament

Kosovo elections: ‘Most significant change’ in 12 years, Security Council hears

International community urged to deliver on promise for better future for Bosnia and Herzegovina

EU decides “in absentia” of civil society

Europe’s far-right launches attacks on neighboring nations

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

%d bloggers like this: