BERMUDA RESIDENTS ARE EARLY ADOPTERS OF TECHNOLOGY, BOTH AT HOME AND AT WORK Courtesy of Department of E-Commerce — Ministry of Economic Development Bolstered by a robust IT, legal and regulatory framework, the island possesses excellent fibre optic connections, a talented service environment and significant access to capital for investment and expansion. Bermuda also enjoys global branding as a secure, safe and friendly jurisdiction for business. THE 2014/15 STATE OF ICT IN BERMUDA REPORT HAS SHOWN THAT: • 99% of businesses have Internet access. • 89% of households have access to the Internet. • 85% of households own a smartphone. • 93% of businesses use technology for business-to-business interactions, such as procurement, inventory control and payments. • 89% of businesses use technology for business-to-consumer interactions, such as facilitating payment, sales and providing information. • 82% of businesses use technology for business-to-government interactions, such as payroll tax, immigration and social insurance.
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