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 expec...