digital technologies promote economic...
TRANSCRIPT
HOW TECHNOLOGYIS IMPACTINGBUSINESS SERVICES
CONNECTING TO A GLOBAL ECONOMY
DIGITAL TECHNOLOGIES PROMOTEECONOMIC DEVELOPMENTAs we enter the Fourth Industrial Revolution, the world’s population is
poised for immense social and financial growth, driven by advancements
in digital technologies. By lowering the costs of social and economic
transactions, digital technologies promote growth in several areas and
allow people to do business with one another more easily. As connectivity
spreads throughout the world, access to innovative technologies will
continue to improve the global economy.
As the number of people connected online
continues to grow, individuals’ ability to
interact with one another socially and
economically increases. From digital banking
opportunities to the sharing economy, there
are innumerable ways in which connectivity
promotes economic growth.
In emerging markets, an increase of10 percent in broadband penetrationis associated with an increase of1.4 percent in GDP growth
+3.4 BILLION PEOPLE have Internet access - almost half the world
PROMOTING SOCIAL TRANSACTIONS
70%
With the increased digitalization of
education, healthcare, e-commerce, banking,
and other areas, individuals are able to
increase their social capital and become
better positioned to join the global economy.
Digital banking allows individuals
without access to brick and mortar
financial institutions to join the
o�cial economy and partake
in commercial activities.
Revolutionary changes to product
access brought about by the
digital revolution are shifting
global trade patterns.
EMPOWERING BUSINESS GROWTHDigital innovation makes it easier for companies to launch, market products, manage operations, and interact with
customers. This lowers costs and improves accessibility for both the business and the consumer and makes it easier
for those in emerging economies to participate.
CONCLUSIONWhile increased focus must be made on
improving internet connectivity worldwide,
digital technologies are already transforming
the global economy by increasing access to
education, healthcare, banking, and other
services in remote areas of the globe.
Investment in digital innovations is investment
in the future of the global population.
Source: The World Bank Group
of households within the poorest global population own mobile phones.
This percentage is highter than those that have access to clean water or toilets.
PROFESSIONALSERVICES
TECHNOLOGIESmake it easier for businesses to get started and increase
choice for consumers
E-COMMERCETECHNOLOGIES
improve access to goods and services and allow
businesses to more easilyscale operations
EDUCATIONALSERVICES
allow for greater access toresources that will train thenext generation of workers
and consumers alike
make it easier for those in the poorest areas of the worldto manage and track their
economic capital
FINANCIALSERVICES
TECHNOLOGIES
401 Congress Avenue, Suite 3100, Austin, TX 78701 | 512.730.2400 | [email protected] | VistaEquityPartners.com
The content of this document is for general, informational purposes. Neither Vista Equity Partners Management, nor any of its a�liates (collectively, “Vista”), makes any representation or warranty, express or
implied, as to the accuracy or completeness of the information contained herein. Under no circumstances should the information presented be considered an o�er to sell, or a solicitation to buy, any security.
Such o�er or solicitation may only be made pursuant to the current o�ering documents for the relevant Vista Fund (the “Fund”) which may only be provided to accredited investors and qualified purchasers
as defined under the Securities Act of 1933 and the Investment Company Act of 1940. While the information provided is believed to be accurate and reliable, Vista, its a�liates, advisors, and employees make
no express warranty as to its completeness or accuracy. ©2018 Vista
Sources:InternetLiveStats.com, WorldBank.org, WSJ.com, HBR.org, BroadbandToolKit.org,TrainingMag.com
READ MORE INSIGHTS FROM VISTA
INCREASED DIGITAL RESOURCES such as e-libraries or online academic institutions can break
down traditional barriers to education, improving a
person’s chances of joining the business world.
Digital advancements increase
e�ciency and lower business expenses
while simultaneously o�ering exposure
to more potential customers.
Lowering the cost of goods and
services empowers more consumers
to acquire products and services.
Increased connectivity promotes an
on-demand economy that allows
people to do business with one
another on an individual basis.