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World IT Competitiveness Report 2008 Released

The Economist Intelligence Unit (EIU), on behalf of Business Software Alliance (BSA), a Washington, D.C.-based organization looking after commercial software interests, has started calculating IT industry competitiveness index since 2007. Its report* for 2008 covers 66 countries and the index is based on 25 indicators in six categories: (i) Overall business environment (0.10), (ii) IT infrastructure (0.20), (iii) Human capital (0.20), (iv) Legal environment (0.10), (v) R&D environment (0.25), and (vi) Support for IT industry development (0.15) (EIU 2008) (Figures in parentheses indicate weights). United States (74.6) has been ranked 1st while India (28.9) has been ranked 48th in IT competitiveness.

Dr D.C.Misra
October 25, 2008

*EIU (Economist Intelligence Unit) (2008): How technology sectors grow: Benchmarking IT industry competitiveness 2008, London, the Author, September, Sponsored by Business Software Alliance (BSA), http://global.bsa.org/2008eiu/study/2008-eiu-study.pdf (accessed: October 25, 2008)

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Profile Photo Dr D.C.Misra

I feel that IT will hold the fort. This is a wonderful opportunity to show the potential of IT. There will be market corrections no doubt and IT will have to face altogether new, unanticipated challenges. Yet, unlike the other industries, IT will weather the current storm.