22 December 2014
A recent post on the World Bank’s website underscores the growing importance of mobile technologies in developed and developing countries alike. According to Digital Megatrends 2015, a global report from Oxford Economics, executives around the world ranked mobile as the technology that will have the greatest positive impact on their business over the next five years. Mobile ranked above business intelligence, cloud computing and social media in the survey.
 
It’s not surprising that mobile technology tops the list; as the article notes, “no other consumer technology has spread as fast and no other offers the same degree of diversity in services.” The impact of mobile on economies around the world has been impressive; according to the World Bank, for every 10 mobile phones added per 100 people in low- and middle-income countries, GDP grows by roughly 0.8%; in high-income countries, GDP grows by about 0.6%.

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