Technology’s Impact and What Employers Want

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Presentation transcript:

Technology’s Impact and What Employers Want James.Nowotarski@nl.edu September 30, 2016

The median annual wage of computer occupations is more than twice that of all workers The median annual wage for computer and mathematical occupations in May 2012 was $76,270, more than twice the median annual wage for all wage and salary workers of $34,750 and the second highest of any major occupational group. (Richards & Terkanian, 2013, pp. 12-13) The median annual wage for management occupations in May 2012 was $93,910, the highest of any major occupational group. (p. 11) Source: Richards, E., & Terkanian, D. (2013, December). Occupational employment projections to 2022. Monthly Labor Review. Retrieved from http://www.bls.gov/opub/mlr/2013/article/occupational-employment-projections-to-2022.htm Source: U.S. Bureau of Labor Statistics, http://www.bls.gov/ 2

Best jobs in America - 2016 IT Outsourcing Orthodontist Dentist Computer systems analyst Nurse anesthetist Physician assistant Nurse practitioner Psychiatrist Pediatrician Anesthesiologist Obstetrician & gynecologist Software developer Web developer IT manager Based on salary, the number of expected openings, advancement opportunities and career fulfillment. More specifically: ● 10-Year Growth Volume (10 percent) ● 10-Year Growth Percentage (10 percent) ● Median Salary (30 percent) ● Job Prospects (20 percent) ● Employment Rate (20 percent) ● Stress Level (5 percent) ● Work-Life Balance (5 percent) Source: The 100 best jobs. (2016, January). Retrieved from http://money.usnews.com/careers/best-jobs/rankings/the-100-best-jobs Source: http://money.usnews.com/careers/best-jobs/rankings/the-100-best-jobs 3

Employment in computer occupations will grow faster than average 2014-24 (employment change): Computer occupations: 12.5% Systems analysts: 20.9% Software developers & programmers: 12.5% Support specialists: 11.6% All occupations: 6.5% Source: http://www.bls.gov/emp/tables.htm Source: U.S. Bureau of Labor Statistics, http://www.bls.gov/ 4

Source: http://www.bls.gov/ooh/computer-and-information-technology/ 5

data are the new currency. In the digital economy, data are the new currency.

August 1, 2016-Five most valuable companies in the world were, for the first time, tech companies Source: Financial Times August 1, 2016, was something of a red-letter day for the tech industry. When the stock market closed, the five most valuable companies on the planet were, for the first time, technology concerns. And they all hailed from the West Coast of the US, whether the San Francisco Bay Area (Apple, Alphabet and Facebook) or in and around Seattle (Microsoft and Amazon). . . . Ten years ago, at the height of the PC era, Microsoft was the only tech company in the top 20 . . . They are also racing each other to build the next platforms, from virtual reality headsets to driverless cars and digital assistants powered by artificial intelligence Source: Waters, R. (2016, August 4). Best coast tech is top and looking to the cloud for growth. Financial Times

Tech skills are being embedded in more and more jobs “Health and medicine are now an information technology” “A computer on wheels” Source: Ohanian, A. (2013). Without their permission: How the 21st century will be made, not managed. New York: Business Plus. ISBN 978-14555-2002-2 8

What about a tech startup? “All links are created equal.” – Alexis Ohanian, co-founder of reddit.com Source: Ohanian, A. (2013). Without their permission: How the 21st century will be made, not managed. New York: Business Plus. ISBN 978-14555-2002-2 9

Make it Internet-ready. Make something people want. Make it Internet-ready.

“There has never been a more exciting time to be a developer or a user of technology” – Ray Ozzie Source: Ozzie, R. (2010, October 28). Dawn of a new day. Retrieved from  http://ozzie.net/docs/dawn-of-a-new-day/ 11

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Is there a dark side to all this technology?

Stolen information includes: Names Email addresses Telephone numbers Dates of birth Hashed passwords Security questions and answers Fiegerman, S. (2016, September 23). Yahoo says 500 million accounts stolen. Retrieved from http://money.cnn.com/2016/09/22/technology/yahoo-data-breach/ 14

A professor’s view of information technology (IT) careers James.Nowotarski@nl.edu April 14, 2015