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NEW YORK – The Digital Cooperation Organization (DCO), a global multilateral organization committed to enabling digital prosperity for all by accelerating the growth of an inclusive digital economy, has launched the inaugural Digital Economy Navigator (DEN) that enables countries to better navigate. for the maturity of the digital economy, find opportunities for growth, benchmark progress, and bridge the gap in the maturity of the digital economy. DEN was announced at the Digital SDG 2024, which was held in 79Th The UN General Assembly session in New York, from September 10 to September 27.
Using officially distributed statistics, secondary data, and unique proprietary data from DCO’s large survey, DEN is a unifying framework that addresses the maturity of the digital economy in 50 countries, including DCO Member States. The framework provides a platform for countries, stakeholders, and decision makers to coordinate efforts to improve the global digital economy, enabling accessibility, sustainability, and shared prosperity across borders.
Navigator evaluates the extent to which factors contribute to economic prosperity, sustainability, and improve the quality of life for people. It provides a common understanding for various groups of stakeholders to work together in developing a digital economy strategy to bridge the gap and allow for progress to be tracked over time.
Deemah AlYahya, Secretary General of DCO, said: “Digital Economy Navigator aims to improve accessibility, sustainability, and economic prosperity, to ensure that countries not only continue to progress but also lead in the digital age. As the first global framework that fully addresses the maturity of the digital economy from a perspective that focuses on users, DEN plays a key role in advancing the mission of the Digital Cooperation Organization to support evidence-based policies and impactful results in the digital economy. By providing reliable and detailed data, insights into current trends and emerging technologies, and strategic insights into future challenges forward, DEN equips countries to achieve higher levels of prosperity, inclusion, and sustainability. We at DCO are committed to empowering stakeholders with the knowledge they need to navigate and thrive in the ever-evolving digital landscape”.
DEN has relevance for policy makers, business executives, and other experts in aspects of the digital economy. Decision makers are equipped with the research, data, and analysis they need to develop a digital economy and a more inclusive society, promote digital innovation, drive job creation, accelerate GDP growth, expand sustainability through digital technology, and improve overall well-being.
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Unique among global tools, DEN evaluates the digital economy through the lens of three intersecting dimensions: Digital Enabler, Digital Business, and Digital Society. In these three dimensions, 10 pillars synthesize and summarize the key aspects of the country’s digital economy and the use of digital technology applications from 102 indicators collected from respected secondary data sources, as well as primary data from a novel survey of more than 27,000 people in 50 countries.
DEN introduces a comprehensive maturity classification system with five categories based on pillar scores from 0 to 100, which stakeholders can use to better target and focus initiatives to direct digital progress and innovation in pursuit of sustainable and inclusive digital growth. economy.
DEN shows a different picture of maturity between regions. North America for example leads in digital innovation, followed by ‘Europe and Central Asia’ and ‘East Asia and the Pacific’. South Asia leads in digital work and training, followed by the Middle East and North Africa region. The regions of ‘Sub-Saharan Africa’ and ‘Latin America and the Caribbean’ are advancing in Digital education and health services. This pillar especially “Digital for education and health” shows considerable global maturity, with moderate score variation indicating a trend towards global convergence.
Viewers can access DEN’s reports, infographics, methodologies, and data in Excel format by visiting DEN’s online platform at den.dco.org. The report provides an in-depth analysis of the maturity of the digital economy from various perspectives. Additionally, users have the option to download reports for offline access.
DEN will continue to evolve over time to capture the rapidly changing nature of the digital economy. While the general objectives of DEN will remain the same in future editions, technologies and applications will evolve and be measured in ways that contribute to the digital economy.
More information about DCO can be found at
Source: AETOSWire
See the source version on businesswire.com: https://www.businesswire.com/news/home/20240922193226/en/
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Ahmad Bayu
Media@dco.org
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