– Cisco recently announced a broad global initiative to help nurture and support Internet of Things (IoT) entrepreneurs, scientists, and innovators today and in the future. A recent study released by the World Bank shows that the information and communication technology (ICT) sector is growing rapidly, with a total global market value of $800 billion. At the same time, the agency predicts that there will be 2 million ICT-related job openings worldwide over the next decade, and the talent gap will reach 8.2% by 2022. To fill this vacancy, education and training institutions will need to significantly increase the number of technical graduates, with more than 222,000 people trained annually from 2014 to 2022. Cisco recognizes the importance of this forecast and will help meet the market demand for a skilled workforce through strategic planning and collaboration for current and future generations. Cisco has announced a series of new programs, including IoT courses, assessments, and the upcoming Cisco Specialist Certification, all of which are designed to help develop more skilled people in the industry networking space, further underscoring Cisco's investment efforts in education. By partnering with key industry leaders, this combination of educational programs will be able to develop a large pool of professionals with extensive Internet Protocol (IP) networking knowledge to meet the growing demand for such talent. The portfolio will focus primarily on automation, manufacturing, and energy, and will gradually expand in the future to include other industries that are also disruptive. With this certification program, Cisco and new industry partners will work together to help many people in these fields acquire important skills.
In addition to recognizing the need to upskill our current workforce, Cisco is committed to equipping current and future students with the knowledge they need to be fully prepared to become a qualified modern workforce. Today's companies increasingly require graduates to possess excellent science, technology, engineering, and math (STEM) skills to successfully meet the demands of different roles in the information technology industry. To that end, Cisco also announced a major alliance with the New York Academy of Sciences. The alliance, called the Global STEM Alliance, is dedicated to supporting and developing the next generation of IoT employees. In this consortium, Cisco and the New York Academy of Sciences will provide students around the world with a wealth of curriculum resources and guidance on historical and current research findings, and support their participation in best-in-class scientific and technological research. Malaysia and the city of Barcelona will be among the first countries and regions to join the alliance.
"The Internet of Things is taking shape today and will continue to evolve, presenting unprecedented opportunities," said Wim Elfrink, Executive Vice President, Industry Solutions and Chief Globalization Officer, Cisco. Supporting and developing the next generation of employees to fully capitalize on this global opportunity will be critical to fostering IoT innovation. ”
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