A long-term vision of the digital sector in Europe

Fabrice MARQUE and Nicolas GLADY Managing Director at Accenture and Lead of the ESSEC Accenture Strategic Business Analytics Chai [vc_btn title= »Download the article » style= »outline » color= »blue » align= »right » i_icon_fontawesome= »fa fa-file-pdf-o » add_icon= »true » link= »url:http%3A%2F%2Fprod.confrontations.org%2Fwp-content%2Fuploads%2F2016%2F03%2FRevue-107-A-long-term-vision-of-the-digital-sector-in-Europe-p14-15.pdf||target:%20_blank »] There is one sector that can single-handedly reduce unemployment, foster innovation, generate profits and cut costs for both companies and the government, while encouraging sustainable development. That sector is none other than digital. Digital and its positive knock-on effects The digital sector is a growth driver that leads to synergies in other sectors. A 1% increase in the digitization of the economy drives a 0.5% rise in GDP and a 2% expansion in global trade, while a 10% increase knocks the unemployment  rate down by 0.9%(1). To give an example in the healthcare sector, Osakidetza, the Basque health authority in Spain, has deployed a comprehensive digital solution to manage chronic illnesses, leveraging electronic medical records and telemedicine and covering the entire