The fourth industrial revolution is sweeping the world, and Italy has the responsibility to benefit from it. That means developing systematic digital initiatives for every sector, providing workers with the knowledge and skills needed for “jobs of the future,” and training the next generation of professionals. However, that won’t be easy. The country’s current technological state is not conducive to implementing these initiatives. As a result, it will be necessary to invest in digital infrastructure. Visit AGI for more info.
With a GDP per capita of just over $34,000, Italy is an attractive investment destination for foreign investors. The Italian government has embraced a proactive approach to innovation by enhancing research and technology transfer. To achieve this, the Italian Institute of Technology (IIT) and the National Innovation Fund have been established. The Italian government recently announced the launch of a national fund for technology transfer in 2021. However, Italian companies are not taking advantage of these opportunities.
The global COVID-19 outbreak has affected the Italian economy and social system. Italy has long had structural issues. In recent years, its GDP has lagged behind peers and its R&D investments lag far behind the EU average. This has resulted in stagnant wages and low employment, and Italian youth have been leaving the country at a rapid rate. It is clear that Italy is facing the challenges of the digital age.
Digital skills deficit
A new study has identified Italy as one of the most technologically-deficient countries in the European Union. The report reveals that the country has one of the lowest rates of graduates with advanced skills in the field of information technology and communication. The country also ranks fifth lowest in terms of the number of graduates in these fields, with only 35% of these individuals holding advanced skills. This deficit is affecting both traditional and digital working environments. To overcome this issue, Italy must invest more in training and education for both males and females.
Italian executives are cautious about the Fourth Industrial Revolution, but the country is ahead of the curve on many key aspects. The country is ahead of the curve on education and infrastructure, but its lack of entrepreneurial spirit and reluctance to adopt digital technologies are largely due to the slow pace of economic development in recent years. Despite this, Italian executives are fully aware of the importance of digitalisation and are actively seeking to adopt digital technologies in their business.
Internet usage in Italy
The level of Internet usage in Italy has been increasing steadily over the past few years. While the country ranks below other European Union member states in terms of digitalization, its share of internet users has been steadily increasing and is predicted to reach 73.3 percent by 2020. While this is still below the level of most European countries, the numbers are encouraging and indicate that Italy is a desirable place to do business in. However, with limited opportunities and high costs, Italians are hesitant to embrace the Internet.
Investments in digital infrastructure in Italy
Italy has made strides in the digital revolution, but its technical infrastructure remains behind other advanced nations. In a recent Deloitte survey, Italian executives admitted that they felt behind their global counterparts and were less confident about implementing the latest digital technologies. They also cited a lack of skilled human resources for advanced technologies as a barrier to their progress. In this article, we explore the Italian government’s efforts to improve digital infrastructure and how it can help the country remain competitive.
Salary policy for digital team members
Italy’s salary policy for digital team members is not based on a salary structure like that of other countries. Digital team members are hired on a temporary or short-term basis and are often paid above average for public administration work. They can be paid as much as EUR200,000 for a cybersecurity expert or as low as EUR150,000 for a mobile developer. But the policy is not universal. Different sectors in Italy have different minimum wage rates.