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This article explores the transformational impact of ICT on every aspect of business activity and the importance of the digital economy in national economies. It emphasizes the need for individuals with deep understanding of both ICT and business strategies, particularly in areas like healthcare. The article suggests taking forward this vital subject by focusing on the right people with the right skills, fostering user engagement, building on existing resources, and fostering partnerships with the academic, industry, and community.
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JOHN HAND, PROGRAMME MANAGER INFORMATION COMMUNICATIONS TECHNOLOGY EPSRC PERSPECTIVE
Towards Next Generation Health Care Towards Better Exploitation THE BIG PICTURE Digital Economy Energy NanoScience through Engineering to application Essential Platform for the Knowledge Economy and much of the Rest of Science Securing the Future
WHAT IS THE DIGITAL ECONOMY? • The transformational impact that ICT has on every single aspect of business activity. • It covers the whole range of processes, mechanisms and facilities that support and control economic and societal activities based on digital transactions.
WHY DIGITAL ECONOMY NOW? • Advances from ICT and their utilisation are a major contributor to national economies and wealth • A world bank report – “early adoption of ict tools supported by research capacity and skilled people better positions a country to reap the economic and social benefits of those tools” • ICT industry has changed: 20% of R&D is about new technology 80% is about applying it • Delivery of the Digital Economy is not just about computer science
ICT International Review • “In the recent International Review of ICT the panel reflected that many of the challenges in exploiting the promise of the technological advances ICT, and achieving its potential economic and social returns, require individuals with a deep understanding of the lower layers of ICT, but who also have a strong ability and interest in exploiting the core technologies. This often implies a deep understanding of business and business strategies in specific areas such as healthcare, finance and management.”
TAKING IT FORWARD • THE RIGHT PEOPLE WITH THE RIGHT SKILLS • FOCUSSED USER ENGAGEMENT • BUILDING ON WHAT WE ALREADY HAVE • PARTNERSHIP
NOT THE INTERNATIONAL REVIEW • E-SCIENCE INTERFACE • PARTNERSHIP WITH THE COMMUNITY • ACADEMIC • INDUSTRY • CPHC, UKCRC, BCS, IET, INTELLECT • SHARED SENSE OF PRIORITIES TO TAKE FORWARD THIS VITAL SUBJECT