“Networked Readiness Index” survey by the World Economic Forum shows that China and India, hot spots in the global economy, placed lower in this year's survey. China fell nine spots to 59 while India slipped to 44 from 40.
Denmark, for the first time, leads the Index. It has emerged as the country that uses IT to maximize development and increase competitiveness. The survey claimed that both China and India have weak infrastructure that prevents them from maximizing IT, with China having low business and individual IT preparedness and use and India having low personal IT use. The study states that European countries and Singapore are leveraging IT better than the U.S. Nordic countries also fared well in the study. Sweden came in second place and Finland took fourth, advancing from the eighth and fifth spots, respectively, compared to their 2006 results.