SETU Digital Economy

 The Digital Economy in Ireland The digital economy is a term for all of those economic processes, transactions, interactions and activities that are based on digital technologies. According to Thomas Mesenbourg the  three components of  a digital economy are  infrastructure, e-business, and e-commerce The  Digital Economy and Society index is a ranking of the overall digital performance in Europe it also  tracks the progress of EU countries in their digital competitiveness. This year Ireland ranked fifth in the DESI rankings which were announced in August with a average yearly score of the DESI index of 8.5%.  DESI ranks the countries based on the following criteria: Human Capital Connectivity Integration of digital technology into enterprises Digital Public Services What does this mean for Ireland? According to the report: “Ireland can be considered a forerunner in the EU on the integration of digital technologies, and as such is expected to make a significant contribution to the col