India’s Silicon Valley- Bengaluru has been judged the best city among 45 worldwide in terms of confidence expressed by businesses in their digital environment.
Business leaders in Bangalore, now called Bengaluru, expressed the highest confidence in their digital environment based on people and skills, financial environment, innovation and entrepreneurship, new technology development, and ICT infrastructure, according to a report from the Economist Intelligence Unit, published Tuesday.
Despite pollution, poverty, infrastructure delays, executives are optimistic about the environment in Bengaluru for digital transformation, analysts stated in the report.
“India’s cities may suffer more than most from infrastructure deficits, pollution, poverty and other ills, but when it comes to the environment for digital transformation, their executives are remarkably optimistic,” analysts led by Denis McCauley wrote in the report. “By contrast, developed cities account for eight of the 10 lowest readings in the barometer.”
Most in demand are people with skills in digital security, according to the report, followed by big data analytics. These beat demand for cloud computing skills, social media, and artificial intelligence
Top 10 cities on the list of 45:
Bottom 10 cities on the list of 45:
Frankfurt, Hong Kong, Osaka, Kuala Lumpur, Adelaide, Rotterdam, Taipei, Tokyo, Yokohama, and Berlin
Individuals with most demand are those with skills in digital security and big data analytics followed by cloud computing skills, social media, and artificial intelligence.
Around 48 percent of all companies surveyed stated that they were willing to shift to another location for a more favorable environment.