In the IMD World Digital Competitiveness Ranking 2023 Germany ranks 23rd out of 64 countries with its overall performance (down from rank 17 in 2019). Although this is definitely not a promising result for one of the world’s largest economies, it gets even worse when digital/technological skills of the countries are ranked: Germany’s rank is 58 (out of 64)!
More than ever, we need to work on advancing our digital skills. Besides the rather obvious technological skills, the skills for a digital business and a digital economy need to be developed further. As we keep reiterating here, digitization may start with technology, the important part of any digital business, however, is its business model.