Productivity Inquiry Interim Report 2: Australia’s data and digital dividend
A prosperous digital economy requires individuals and businesses to have access to the latest digital technologies – the keystone to productivity within the domestic economy, for exporting goods and services, and providing an environment that is attractive for investment capital.
Access to cloud services is critical for building a comparative advantage and improving productivity. Cloud services were adapted rapidly during the pandemic with more than 60 million new digital consumers joining the digital economy and 9 out of 10 intending to continue to use them. Cloud Services are pivotal in enabling businesses to digitise and innovate with cutting edge computing and technologies as we have seen with the rapid adoption of artificial intelligence, machine learning and big data analytics on a global scale.
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