Digital transformation: Key to enriching people’s quality of life

​​​​​​​Even though Nepal has 125 percent telephonic penetration, and internet penetration has reached 132 percent, broadband internet still remains unaffordable The COVID-19 pandemic has accelerated an already-ongoing process of massive digitalization in economic production and services together with the development of digital transformation, migration to digital platforms, and a surge in demand for digital services. Artificial Intelligence (AI) and robotics are getting, for the first time, autonomous and self-learning, with human-like capabilities. The discussion about digitalisation and the future of work has become even more imperative. Automation is the use of technology to perform tasks where human input is minimised. This includes enterprise applications such as business process automation (BPA), IT automation, network automation, automating integration between systems, industrial automation such as robotics, and consumer applications such as home automation. By 2025, global digital transformation investment is predicted to reach US $2.8 trillion, up from US $1.8 trillion in 2022.As per Nepal Rastra Bank report, Foreign Direct Investment in Nepal in Information and Communication Technology sector has reached Rs. 10,858 million, comprising 4.8 percent of the total FDI stock. Digital Nepal Framework 2019 is a broad outset of the Government of Nepal which deliberates about digital government. It was […]

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