UK rated one of the world’s top ten digital-ready economies

UK rated one of the world’s top ten digital-ready economies

London, UK

STL [NSE: STLTECH], The UK has been named as one of the top ten ‘network-ready’ countries in the Global Network Readiness Index (NRI) 2021. This ranking reflects how the use of technology in the country is positively contributing to economic growth, social development and environmental sustainability.The 2021 edition of the Network Readiness Index (NRI) is published by the Portulans Institute. STL, an industry-leading integrator of digital networks, is the project’s official knowledge partner. The NRI 2021 ranks 130 global markets based on a broad range of indicators, ranging from a country’s preparedness to embrace new technologies to its ability to use digital transformation to meet the UN’s Sustainable Development Goals (SDGs). The findings are included in a new report by the Portulans Institute published today, ‘Shaping the Global Recovery: How digital technologies can help make the post-COVID world more equal’.

The findings are included in a new report by the Portulans Institute published today, ‘Shaping the Global Recovery: How digital technologies can help make the post-COVID world more equal’. The NRI is organized around four key pillars: Technology, People, Governance, and Impact, with sub categories within each pillar, spanning 60 metrics overall. The UK ranked particularly well on Technology. This indicates that the UK’s digital infrastructure is affordable and accessible by its citizens and that the country’s digital economy is well placed to take advantage of new technology developments such as AI and the Internet of Things. Elsewhere, the UK ranked highly due to the quality of its online government services, its commitment to open data, and its strength in cybersecurity. It also scored well on how it was contributing to the UN’s SDG’s, particularly on health (SDG #3), education (SDG #4), and sustainable cities and communities (SDG #11). “While the pandemic has widened the digital divide and increased inequalities across many markets, the UK have been able to increase its overall NRI score based on its ability to integrate people and technology alongside the right governance structures,” said Bruno Lanvin, co-founder of the Portulans Institute and co-author of the report. “This year’s results reflect how the COVID-19 pandemic has served to accelerate digital transformation and underlines the importance of robust and accessible digital economies,” said Ankit Agarwal, Managing Director, STL. “The pandemic demonstrated the importance of digital networks as a platform for economic and societal growth. The key now is to bring people and technology together in a new era of digital transformation – and the UK is showing leadership in this area.”

About Network Readiness Index (NRI):

The Network Readiness Index (NRI) is one of the leading global indices on the application and impact of ICT in economies around the world. Initially launched in 2002 by the World Economic Forum, the NRI has been published by Washington DC-based Portulans Institute since 2019. STL, the industry leading digital networks integrator, was the official Knowledge Partner of the 2021 NRI report. Learn more at: https://networkreadinessindex.org/

About Portulans Institute (PI):

Founded in 2019 by Soumitra Dutta and Bruno Lanvin, Portulans Institute is an independent non-profit, nonpartisan research and educational institute based in Washington DC. PI’s areas of expertise include technology competitiveness, innovation readiness, and global talent. Learn more at https://portulansinstitute.org/

About STL – Sterlite Technologies Ltd:

STL is an industry-leading integrator of digital networks that helps telcos, cloud companies, citizen networks and large enterprises deliver enhanced experiences to their customers. Read more, Contact us.

A leading optical and digital solutions company.

STL is a leading global optical and digital solutions company providing advanced offerings to build 5G, Rural, FTTx, Enterprise and Data Centre networks. The company, driven by its purpose of ‘Transforming Billions of Lives by Connecting the World’, designs and manufactures in 4 continents with customers in more than 100 countries. Telecom operators, cloud companies, citizen networks, and large enterprises recognize and rely on STL for advanced capabilities in Optical Connectivity, Global Services, and Digital and Technology solutions to build ubiquitous and future-ready digital networks. STL’s business goals are driven by customer-centricity, R&D and sustainability. Championing sustainable manufacturing, the company has committed to achieve Net Zero emissions by 2030. With top talent from 30+ nationalities, STL has earned numerous ‘Great Place to Work’ awards and been voted as the ‘Best Organisation for Women’.

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