Skills, data scientists and the decade’s big IT trends

As the amount data flooding into our lives explodes, we’ll all need to think about how we can get the skills to manage and understand data.

As we all get buried under a tsunami of data, the challenge is managing it. The MIT Technology Review this week looks at the rise of the data scientist, a job title unknown a few years ago.

The problem for industry is the skill sets required to become a data scientist are fairly esoteric.

Data scientist has become a popular job title partly because it has helped pull together a growing number of haphazardly defined and overlapping job roles, says Jake Klamka, who runs a six-week fellowship to place PhDs from fields like math, astrophysics, and even neuroscience in such jobs. “We have anyone who works with a lot of data in their research,” Klamka says. “They need to know how to program, but they also have to have strong communications skills and curiosity.”

Over the last twenty years we’ve done a pretty poor job teaching maths and statistics which is going to create a skills shortage as industry struggles to find people qualified to figure out what all of this data means.

While Big Data might be to this decade what plastics were to the 1960s, it’s not the only technology change that’s affecting business as the McKinsey Quarterly describes the ten IT trends for the decade ahead.

The thing that really stands out with McKinsey’s predictions is the degree of reskilling the workforce is going to need, today’s workers are going to need an understanding of programming, logic and statistics as much the kids currently at school.

If you’re planning on being in the workforce at the end of this decade right now may be the time to consider getting some of these skills.

Just as businesses will be separated by how they use Big Data, workers may too find those skills divide the winners from the losers.

As the amount of data flooding into our lives explodes, we’ll all need to think about how we can get the skills to manage and understand data.

Twenty trends for 2020

What trends will define the rest of this decade?

I’m speaking at the Ovations Speaker Showcase next week on the Twenty Trends for 2020. A big ask for twenty minutes.

Despite the time limits, it’s doable. Here’s the list of trends I think are going to define the rest of this decade, along with some  related links.

  1. Accelerated rate of business
  2. China moving up the value chain
  3. Dealing with a society at retirement age
  4. Rising incomes in South Asia and Africa
  5. Robotics and Automation
  6. The internet of machines
  7. Reinventing entertainment
  8. The fall and rise of social media
  9. The continued rise of the DIY economy
  10. Newspapers cease to exist
  11. 3D printing
  12. nano-technology
  13. The new education revolution
  14. Reskilling the workforce
  15. Older workers re-entering the workforce
  16. The fight for control of the mobile payments system
  17. Mobile apps redefining service industries
  18. Taming the Big Data tsunami
  19. The fight for data rights
  20. Flatter organisations
  21. The great deleveraging

Apart from the fact there’s 21, the twenty minutes I have allocated isn’t going to be enough to cover these. So which topics do I skate over?

Of course there might be more topics that I’ve missed. I’m open to suggestions.