The blistering pace of technology change in the developed world can be difficult to keep up with – but it pales in comparison to the rate of such change across developing countries around the globe.
This counterintuitive phenomenon is the result of technology leapfrogging, where a nation bypasses an entire generation of technology entirely, instead jumping ahead to the latest and greatest, thus reaching par with its wealthier cousins.
Mobile telephony is the most familiar example of this leapfrogging. Africa, India, and many other developing regions struggled to provide landlines to their populations. Instead, they jumped to the latest mobile technology, rolling out phones to hundreds of millions of customers in a short span of years.
While this leapfrog in communications infrastructure is remarkable, it is only part of the story. The more important jumps in technology modernization concern applications and data.
The developed world should take notice. Not only are leading enterprises in the developing world rolling out globally competitive offerings to billions of people, but they are also establishing new ways of doing business that more traditional enterprises must understand to remain competitive.
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