Finland ranked third in Global Information Technology Report

Finland among the global leaders for ICT readiness and utilisation.

The World Economic Forum (WEF) has ranked Finland third in the world in the Networked Readiness Index of its Global Information Technology Report 2010-2011. According to the report, Finland’s performance is consistently outstanding, and the country has conducive market and regulatory environments, as well as excellent soft and hard infrastructures for ICT utilisation. Finland has moved up three places from WEF’s previous technology report.

Finland is ranked best in the categories for its Internet and telephony competition, the availability of scientists and engineers, and in cellular subscriptions with access to data. WEF describes Finnish businesses as aggressive at harnessing and pioneering new technologies. As a result, Finland ranks third for the number of PCT patent applications per million of population. The reports states that Finland’s ICT readiness is remarkable within the population thanks mainly to the country’s excellent educational fundamentals, and ICT usage is therefore pervasive and earns Finland the second spot in this dimension.

WEF’s report explores the ways in which ICT will further revolutionize the way social stakeholders work, interact, and conduct their lives, businesses, and transactions. The Networked Readiness Index uses a combination of data from publicly available sources, as well as the results of the Executive Opinion Survey, a comprehensive annual survey conducted by the World Economic Forum with its network of partner institutes. This survey of over 15,000 executives provides unique data on many qualitative dimensions important to assess national networked readiness.

Source: World Economic Forum