Attaining a full digital economy was the major discussion of the second General Assembly of the Digital Cooperation Organisation (DCO) in Riyadh, Saudi Arabia. ADEYEMI ADEPETUN, who was there, writes on the readiness of member countries to make this a reality. The unprecedented disruption by COVID-19 is accelerating the urgency for agility, adaptability and transformation. Industry structures and business models are being disrupted – and the digitalisation of the economy is being rapidly accelerated. The World Economic Forum estimates that 70 per cent of new value created in the economy over the next decade would be based on digitally enabled platform business models. Indeed, harnessing the global digital economy estimated at $11.5 trillion, which translates to about 16 per cent of the global economy, formed the major crux of discussion at the second general assembly of the Digital Cooperation Organisation (DCO) in Riyadh, Saudi Arabia. The DCO, established in November 2020, as a partnership to pursue common values and goals in the digital economy, between Saudi Arabia, Kuwait, Bahrain, Pakistan, and Jordan, seeks to promote shared digital aspirations among member nations for economic diversification and increases social prosperity through the growth opportunities available across the digital economy, and public […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
