Japan is the world's third largest economy, but according to the IMD World Competitiveness Yearbook, it ranks 27th in digital competitiveness and 22nd in the level of digital talent, meaning a decline in productivity is inevitable in the future and the country is in a situation where it has no way out. Securing digital talent is a prerequisite for overcoming the current situation, but with Japan facing a declining birthrate and aging population, education alone is not enough; measures that also take into account overseas procurement are necessary. By realizing a digital shift in the services, manufacturing, wholesale and retail industries, which account for a large proportion of GDP, as well as in healthcare and finance, the country aims to improve productivity to compensate for the decline in the working population.
The COVID-19 pandemic has transformed the mindsets of people who have previously resisted digital technology and their behavioral habits centered on face-to-face interactions into a greater sense of crisis. To ensure that Japan's long-established companies, which account for half of the world's companies, do not lose their international competitiveness, IT service companies, which attract 70% of digital talent, are expected to lower the hurdles to digital shift through cloud computing and outcome-based billing.
Report format: PDF (7.521MB)
Original data: PowerPoint, 78 slides, A4 size