Bermuda's Digital Economy
What is a Digital Economy?
A jurisdiction that has achieved a state of e-readiness and is making use of the rich applications and services that are available, while also assessing how individuals and businesses consume digital goods and services.
What are we doing?
Highlights from the State of ICT in Bermuda 2010:
- The vast majority of Bermuda households own a computer (93% – any, 62% desktop, 78% laptop).
- 52% of residents own a wi-fi or internet ready device such as Apple devices (iPod, iPad), and gaming devices such as Nintendo devices (DS, DS and Wii) and Playstation (PS2, PS3).
- The vast majority of households access the internet (89%); while 92% of residents use the internet via their home, work, cellphone or smartphone device or at an internet café.
- Most households with internet access have a high speed connection (89%).
- Residents spent approximately 10.9 hours per week using a computer at home. 72% of residents use the internet over half the time they are using their computers at home.
- The most regularly used computer activities include emailing, using Government websites, using an internet search engine, using the internet to look for travel information, using word processing software, researching a product or service on the internet before buying it, searching the internet for information on a hobby or interest, using the internet to get news and online banking and bill paying.
Cell Phones and Mobile Devices:
- More than 9 in 10 (94%) of households own a cell phone. Residents owned a larger proportion of smartphone devices (76% vs. 55% in 2009).
- 23% of residents are likely to purchase a smartphone device in the next 6 months.
- The most frequently used cellphone and smartphone device activities include text messaging, emailing, taking pictures, accessing the internet, Blackberry Messenger, downloading ringtones, playing games, social networking and Peer-to-Peer messaging.
- Overall 71% of residents communicate via text messaging. 41% text daily. Multiple daily usage is higher than average among younger residents (18-24 years – 70%; 25-34 years – 54%).
Attitudes and Technology Competence:
- Consistent with the last benchmarking series (2007-2009), residents believed that in order to compete in a global economy, Bermuda must continue to meet or exceed global technology standards.
- 92% believe that having a strong knowledge of technology is essential to getting ahead today.
- 69% of Bermuda residents have a moderate to high level of ICT competence.
- The vast majority of businesses (87%) have a company website. 54% of businesses use .bm.
- Almost a third (32%) offered an online payment facility
- The vast majority of companies continue to report that they use technology for business to business (92%), business to consumer (79%), internal systems (78%), as well as business to government (77%) purposes.
Social Networking and Websites:
- 87% of residents reported using social networking websites to communicate with friends, family members or relatives.
- 97% of students reported using social networking websites to communicate with friends, family members and relatives.
- 31% of companies use social networking to communicate with clients and other businesses.
Computer activities that were school-related included word processing (95%), using an internet search engine (88%) presentation software (86%) and spreadsheet software (74%).
Social activities included watching videos online (92%) and instant messaging (88%).
Almost a quarter reported that they play games, watch videos online, download music and use VOIP daily.