What is the Digital Economy?

Horizon Directors talking in 2010 about the launch of the Horizon Digital Economy Research Hub –¬†from David Martin on Vimeo.

 

Digital technology in the form of the Personal Computer and the Internet has already transformed work, education, government, leisure and entertainment, generating new market opportunities and having a major economic impact across a broad range of sectors.

The emergence of new digital infrastructures, including wireless networks, mobile devices and positioning technologies, heralds the next radical shift in digital technology as it becomes embedded into the public spaces, architectures, furniture and the personal fabric of our daily lives.

The widespread adoption of handheld computers, mobile phones, digital cameras, satellite navigation, embedded sensors and a host of increasingly interconnected devices marks the beginning of a shift towards a world of ubiquitous computing that will ultimately see people served by many thousands of computers.

Ubiquitous computing represents a key engine of innovation for our future digital economy. Indeed, it already underpins contemporary visions of the future of energy, transportation and healthcare and has the potential to transform other sectors including the creative industries, manufacturing and financial services.

Adoption of ubiquitous computing will have a profound effect on the ways in which people work, travel, learn, entertain themselves and socialise.

Researching and understanding how digital technology is designed and used, is crucial in ensuring it delivers both economic and societal benefit to all.

For more information visit the Research Councils UK Digital Economy Research webpages.


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