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The 21st century is both reassuringly and challengingly unpredictable when it comes to economic growth. While a multitude of people are employed in the technology industry, there is still much to be discovered about how best to use and benefit from it. To that end, Accenture has been doing research revolving around how IT-enabled innovation can improve performance in the global economy.

Accenture’s Research on IT-fueled Economic Growth

Accenture Building in Ballston, Virginia

Accenture’s recent research has looked into the way in which digital platforms, cloud technology, advanced analytics, cyber security and other digital tools are contributing to the worldwide economy. In particular, the research found that countries with thriving digital economies showed GDP growth of nearly twice that which was seen in economies that are not digitally enabled. This technology could also reduce a country’s income and wealth inequality, create more jobs, and present opportunities for people from all walks of life.

The Benefits of Liquorice

Liquorice Root

Another recent discovery revolves around the health benefits of liquorice. For centuries, this sweet, distinctive root has been used medicinally across cultures. Today, liquorice is being tested for its anti-inflammatory, antimicrobial, antioxidant and expectorant properties, and has been found to be helpful for sore throats and other respiratory illnesses, as well as stomach issues. In addition, studies are ongoing to assess its usefulness in the treatment of osteoarthritis and liver disease.

These two examples represent only a small fraction of the advances being made in our global economy. From the tremendous successes of IT advancements to more natural solutions such as liquorice, it’s reassuring to know that progress continues to be made. People of all backgrounds and incomes can feel empowered by the potential of our ever-evolving economy.

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