- India secures 1st rank in AI talent concentration and overall 61st according to the recently released Network Readiness Index 2022.
- India’s position has improved by six slots in the latest version of 2022.
India secures 1st rank in AI talent concentration and overall 61st according to the recently released Network Readiness Index 2022. India’s position has improved by six slots in the latest version of 2022. The report ranks a total of 131 economies that collectively account for almost 95 percent of the global gross domestic product (GDP). The United States takes 1st place from the Netherlands (4th) as the most network-ready society.
The Portulans Institute and Sad Business School at the University of Oxford have released their annual report, titled “Stepping into the New Digital Era: How and Why Digital Natives Will Shape the World.”
Singapore (2nd), which jumped from seventh to second in this year’s index, is the biggest mover, pushing Denmark (6th) and Finland (7th) out of the top 5. The other five countries that make up the top 10 are Sweden (3rd), Switzerland (5th), Germany (8th), Korea Rep. (9th), and Norway (10th).
The ranking is based on each country’s performance in technology, people, governance, and impact, covering 58 variables. NRI 2022 confirms that advanced economies in Europe, parts of Asia and the Pacific, and North America are among the world’s most network-ready societies.
India’s ranking has improved, but so has its score, which has risen from 49.74 in 2021 to 51.19 in 2022. Furthermore, the country was ranked first in AI talent concentration, second in mobile broadband internet traffic within the country and international internet bandwidth, third in annual investment in telecommunication services and domestic market size, fourth in ICT service exports, fifth in FTTH/building internet subscription, and sixth in AI scientific publications.
According to the report, India has better network readiness than expected given its income level. In all pillars and sub-pillars, the country outperforms the income group average.