Trinidad and Tobago's pre-pandemic ICT policy included an ambitious digitalisation drive to foster economic development and advance digital government. However, the onset of the pandemic gave the country a fresh impetus to develop its digital ecosystem and roll out innovative solutions to respond to the crisis. With a new Ministry of Digital Transformation leading digitalisation efforts, government…
Despite the adoption of new technologies across a variety of industries prior to the pandemic, studies pointed to Trinidad and Tobago's dependence on cash as a significant factor limiting potential economic growth. In light of the fiscal pressures and economic slowdown caused by the pandemic, the government and the private sector have responded with robust monetary and fiscal measures and have introduced…
With a young, English-speaking workforce that benefits from solid higher education and technical training infrastructure, Trinidad and Tobago is well positioned to advertise its human resources to potential investors. According to data compiled by T&T’s Central Statistical Office, in the second quarter of 2019 an estimated 37% of the population was aged 24 or younger, pointing to considerable…
An increasing amount of commercial transactions are moving online, while digital technologies are affecting every facet of the traditional economy. This has provided businesses with new channels through which to reach existing clients, as well as new opportunities for expanding their market share. For consumers, the ever-expanding digital economy promises not only greater access to goods and services,…
An increasing amount of commercial transactions are moving online, while digital technologies are affecting every facet of the traditional economy. This has provided businesses with new channels through which to reach existing clients, as well as new opportunities for expanding their market share. For consumers, the ever-expanding digital economy promises not only greater access to goods and services,…
Drawing on its potential as a services outsourcing centre, Trinidad and Tobago’s ICT sector remains a key contributor to the islands’ economy. In 2018 the telecommunications and broadcasting sector contributed around 3.7% to GDP, according to the latest full-year data from the Telecommunications Authority of T&T (TATT). Revenue was generated primarily through software development, web design,…
Interview:Kirk Henry How does the digital skills gap affect the ICT sector? KIRK HENRY: While the digital skills gap is often commented on in T&T, the very environment in which we operate predisposes the new generation to being much more receptive to technology. That being said, we have not been able to adequately tap into our skilled workforce. While there are many who are well trained…
Drawing on its potential as a services outsourcing centre, Trinidad and Tobago’s ICT sector remains a key contributor to the islands’ economy. In 2018 the telecommunications and broadcasting sector contributed around 3.7% to GDP. Revenue was generated primarily through software development, web design, data processing and training. Looking ahead, regional headquartering, research and development,…
The twin-island nation of Trinidad and Tobago is located in the southern end of the Caribbean, just off the coast of Venezuela. Its rich and varied heritage lends itself to a vibrant society and cuisine derived from an array of ethnicities and religions. On the back of elevated global oil prices, T&T has gone through a period of rapid economic expansion in recent decades, resulting in higher leve
The conference will be guided by the theme ‘Transitioning to a Digital Region – Opportunities and Challenges’,Deliberations will contribute to improving the state of our region and by extension the world through the harnessing of the value added from digital transformation, both for business and society, while identifying the challenges to be overcome in order to deliver premium customer…
