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Faculty of Computing, Engineering & Technology
Professor Hongnian Yu
Digital Economy
Digital Britain
Faculty of Computing, Engineering & Technology
Introduction
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A digital economy is an economy that is based on electronic goods
and services produced by an electronic business and traded through
electronic commerce. That is, a business with electronic production and
management processes and that interacts with its partners and
customers and conducts transactions through Internet and Web
technologies. (en.wikipedia.org)
Digital Economy is defined by the Research Councils as the novel
design or use of information and communication technologies to
help transform the lives of individuals, society or business.
The Digital Economy is an RCUK cross-Research Council Programme,
aimed at realising the transformational impact of Information and
Communication Technologies (ICT) for all aspects of Business, Society
and Government.
‘Research in the Wild’ is about enabling researchers, in the digital
economy, to expose and test their research ideas with potential
beneficiaries – for example, the individual, business and/or society – in
order to get closer to achieving a viable proposition with potential for
transformational impact.
Faculty of Computing, Engineering & Technology
The Research Challenge
• Increasingly, the novel, innovative and in some cases
subversive design and use of new technologies can
revolutionise existing business processes or create new
business and social paradigms.
Faculty of Computing, Engineering & Technology
Digital Britain (1)
• The Communications Sector is one of the three largest sectors
in UK economy alongside energy and financial services.
• The UK’s digital economy accounts for around 8% of GDP.
• It has been one of the fastest growing successes of the past
decade.
• UK pioneered digital television and radio and have led the way
in a national switchover programme.
• Britain has the highest proportion of internet advertising of any
developed economy.
• By 2012 £1 in every £5 of all new commerce in the UK will be
online.
Faculty of Computing, Engineering & Technology
The growing global focus on digital technology
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President Obama’s technology-based American presidential campaign
changed the face of US elections and he has made it clear that he sees
both technology and a strong communications infrastructure as vital to
economic recovery and growth. This includes a radical approach to the
deployment of a modern communications infrastructure, including
redefining universal service to extend its scope to broadband and
unleashing the power of the wireless radio spectrum.
The French Government has recently launched its France Numerique
2012 plan, an ambitious communications sector strategy designed to
strengthen France’s digital position and enhance its broader
competitiveness at a time of global economic slowdown and crisis.
The message laid out in the plan is clear: the digital economy is the
most dynamic sector in the world and as the global recession bites, it is
essential to nurture those parts of the economy that can generate
growth potential and jobs.
Faculty of Computing, Engineering & Technology
The Information Age Partnership
• The Information Age Partnership (IAP) is a partnership for action
between industry and Government, comprising Ministers and
Chief Executives of the UK’s leading IT, Electronics,
Communications and Content companies.
• IAP aims to ensure that ICT is effectively deployed to accelerate
innovation and productivity growth across the economy and to
impact directly on the priorities of small and medium sized
businesses. This helps the UK to take maximum global
advantage of the technological, economic and political
developments that characterise the information age and can
drive the UK’s economic recovery.
• IAP will become an even more important and valuable forum for
engagement between Government and industry, with a mission
to ensure that the promise of Digital Britain is realised.
Faculty of Computing, Engineering & Technology
Digital Britain: Five objectives
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Upgrading and modernising UK digital networks – wired, wireless and
broadcast – so that Britain has an infrastructure that enables it to
remain globally competitive in the digital world;
A dynamic investment climate for UK digital content, applications and
services, that makes the UK an attractive place for both domestic and
inward investment in UK digital economy;
UK content for UK users: content of quality and scale that serves the
interests, experiences and needs of all UK citizens; in particular
impartial news, comment and analysis;
Fairness and access for all: universal availability coupled with the skills
and digital literacy to enable near-universal participation in the digital
economy and digital society; and
Developing the infrastructure, skills and take-up to enable the
widespread online delivery of public services and business interface
with Government.
Faculty of Computing, Engineering & Technology
EPSRC Funding
Focus
Digital
Economy
Towards
Next
Generation
Health
Care
Energy
NanoScience through
Engineering to application
Essential Platform for the
Knowledge Economy
and much of the
Rest of Science
Securing the Future
Towards
Better
Exploitation