The Role of the ICT Sector in Spanding Economic Opportunity

THE BUSINESS CASE FOR ENGAGEMENT

ICT companies to help the poor get richer is opportunity.

Power ⇒ skills. 

Connectivity ⇒ sistem. 

Content ⇒ equals: high demand for ICT.

LOW-INCOME HOUSEHOLDS

ICTs became cheaper and more powerful. As economic opportunity expands, many of these micro-entrepreneurs will enter the formal economy.

INNOVATIONS

Most not only be affordable, reliable, and relevant. It must also have a low “total cost of ownership”.

INNOVATION BLOWBACK

In the ICT sector, both technological and business model innovations have the potential to blowback.

BUSINESS STRATEGIES FOR THE ICT SECTOR IN EXPLANDING ECONOMIC OPPORTUNITY

The most important way ICT companies can expand is to get those technologies out there and simuyltaneously drive the development and diversification of relevant content, applications and services.

CREATING INCLUSIVE BUSINESS MODELS

Two strategies:

 1.- Horizontal Deepending: Essentially about adding new costumer.

 2.- Vertical Deepending: Seek to grow markets by connecting technology more directly to opportunities and services that increase productivity, income, and quality of life.