Question

1) how does high GDP correlate with high internet connectivity?

2) Describe digital risk and how they can be controlled.

3) Describe mayday of international Telecommunication union.

Answer 1

Answer 1:

At the Huawei Cloud Congress (HCC), Huawei's Chinese equipment manufacturer presented the Global Communication Index (GCI). It is a fascinating analysis that shows that communication and gross domestic product ( GDP) are closely related.

Better GDP with connectivity:

• As per Huawei, it's the first comprehensive appraisal of connectivity and its importance from both national and industrial viewpoints; while both the ITU and Ericsson can disagree, Huawei's study argues that with each GCI percentage point, the GDP per capita of a nation rises by 1.4-1.9 percent, which is comparatively higher with developing nations.
• "This result is widely mirrored in the previous ITU report, which stated:" The greater the penetration of broadband, the greater its contribution to economic development, "which also reflects" the positive contribution of broadband to job development in developing countries and developed countries.
• Only as smart devices proliferate would the value of such networking increase-Huawei predict that as many as 100 billion connections will be created globally by 2025, 90 percent will come from intelligent sensors.

A modern revolution in manufacturing:

• According to Huawei announcement, "By exploiting networking to streamline business operations, minimize costs and increase performance, companies can accelerate creativity and shift the emphasis from a consumer-driven internet to an industrial one."
• The study measured each nation's connectivity score based on 16 criteria, including the pace and affordability of the Internet, mobile connections, and installs of software.
• Germany topped the index due to its easily accessible, low-cost, high-speed connectivity and fast adoption of Internet networks. In a simulation relative to the base year 2008, a previous Ericsson study concluded, "Doubling broadband speeds for an economy will add 0.3 percent to GDP growth."
• The development of mobile and fixed internet networks is fuelled by banking, education, oil, gas, and manufacturing sectors. Consumer loyalty increases decreased operating costs, and competitiveness is pushing more expenditure.