The 360 on Digital Transformation in Firms in Latin America and the Caribbean

Are firms in Latin America and the Caribbean lagging in terms of their adoption of digital technologies? Using the most updated and, in many cases, new data, this publication provides a 360-degree assessment on the adoption of technologies ranging from artificial intelligence, big data, and the internet of things, to “backbone” tools such as cloud computing and basic digital technologies (e.g., the percent of firms with websites). On certain dimensions, some firms in the region compare favorably with firms in OECD countries. However, in general, as with artificial intelligence and big data, the data point to considerable gaps in uptake. With a comprehensive outlook, this work also assesses enabling conditions for digital technology adoption and current trends in the digital economy.

Bibliographic Details

Main Author:	Inter-American Development Bank
Other Authors:	Alison Cathles
Language:	English
Published:	Inter-American Development Bank
Subjects:	Digital Technology, Digital Transformation, Digital Platform, Information and Communication Technology, Skills, Broadband Service, Mobile Phone System, Science and Technology, Fintech, O14 - Industrialization • Manufacturing and Service Industries • Choice of Technology, O15 - Human Resources • Human Development • Income Distribution • Migration, O33 - Technological Change: Choices and Consequences • Diffusion Processes, O39 - Innovation • Research and Development • Technological Change • Intellectual Property Rights: Other, Technology adoption;technological change;digitization;innovation;information and communicationtechnologies;digital technologies;OECD,
Online Access:	http://dx.doi.org/10.18235/0004635 https://publications.iadb.org/en/360-digital-transformation-firms-latin-america-and-caribbean
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