Mef presentation (21st march final - link version)

An Educational Legacy for the Isle of Man

An Initiative

Vision

Opportunity Financing

Credibility

Ron BerryExecutive Director, MEF

An Initiative

Vision

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Introduction

In the beginning there was Charteris

13 years ago

An effective environment within which electronic commerce can flourish in the Isle of Man

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Introduction

The terms of reference for the study were to build on steps already taken to identify:

a. the priority areas to be investigated by the Isle of Man Government as part of the

development of an E-commerce strategy;

b. the possible options for an organisation and structure within the Isle of Man

Government to develop, implement, co-ordinate and drive forward the strategy;

c. areas where the Isle of Man Government may look to be innovative in the use of

E-commerce; and

d. the resource requirements (finance, personnel, etc) capable of economic

justification necessary to implement the recommended strategy.

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Introduction

The priority areas identified:

e gaming

e downloads

e travel

e money

IP and IA

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Introduction

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Introduction

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Introduction

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Introduction

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An Educational Legacy for the Isle of Man

An Initiative

Credibility

Kurt RoosenExecutive Director, MEF

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What is ICT?

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Future Video (Click on Picture to Play)

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Big Pond, little fish… The Isle of Man is tiny within this overwhelming scale – so it has to pick its niche

and compete at an intellectual level – Focused, Innovative, Fleet of Foot

Finance community established precedent for security of information and regulated activities, e-commerce and e-gaming have brought this into the modern age – now we need to develop a coordinated “Digital Isle” strategy where data, it’s storage, physical and intellectual manipulation and security become our unique selling points

Use access to Government and legislation to advantage for research and development and associated legal frameworks to create a “walled garden”

Using high concentration of ICT companies and their direct participation to tightly integrate academia with practical application of skills and jobs and take a lead in global e-commerce affairs

Inspire the regeneration of the Isle of Man and the invention of a true knowledge based Digital Economy

What is missing to support this? A focused educational facility that can compete for and nurture the finest young talent in these areas and build the sector around this talent. Recognising that ICT is not just a tool of society and business, it is creating and supporting society and business – the glue holding the modern world together…

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The start of a journey…

Original concept was to create a “safe haven” for tertiary students from the third world

To make it globally applicable it needed to teach a transportable skillset – ICT

As well as environment for quality of life advantage, the Isle of Man also has an environment which supports the development of technology

Quickly realised the need for international credibility and excellence to kickstart the facility

Began to realise that the scale needed required business support and hence needed to be linked to economic benefit

Niche tertiary education fitted the gaps and aspirations of the Isle of Man

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What did we then do? We formed an Isle of Man Charity, The Manx Educational

Foundation, devoted to the advancement of tertiary education in direct support of IoM business & economic aims, namely: Promoting ICT education specifically relevant to Isle of Man

sector growth Taking a business rather than pure academic approach to the

provision of teaching and dovetailing that into business resources and needs

Reaching out to non-traditional students through aptitude rather than formal academic testing

Empowering students to achieve both during and after formal training, in timescales that suits the student and potential employers

Using income from foreign students to subsidise IoM educational aspirations

Creating new business through being a highly skilled workforce as well as “growing our own” entrepreneurs

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A shopping list develops…

An educational partner – The Open University

Large business sponsors of resources – Huawei and HP

A location – originally the Nunnery and now the Castle Mona

Government sponsorship as a “business” proposition – Lease guarantee

An industry body involvement – BCS, Chartered Institute for IT

Validation services – QAA Quality Assurance Agency for Higher Education

Students – Corporate sponsors

Student finance – Sponsors, and HP

Global Reach – Network of Affiliates (China, India, Israel, Ireland, Sweden)

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How we will be unique Find the gaps in the UK provision and fill them – e-skills UK

Tailor for and strongly involve industry in content – meet consumer need

Entrance based on aptitude – unique entry testing process

Integrated industry projects and internships – constant industry interaction

Massively flexible modular course structure - OU meets MIT

Undergraduate research capability – access to beta equipment

Remote access to teaching experts – telepresence capabilities

Self financing students – internships pay for loans

Competitive fee structures and resultant jobs or incubator support

Niche studies - specific expertise in cyber-security (as an example)

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Immersive and InspirationalTaking cues from Sir Ken Robinson’s “The Element” and Ian Gilbert and his “Why do I need a Teacher when I’ve got Google”

Make the facilities and methods work to inspire learning and be world class and innovative in that delivery – put people in their element

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What would study look like? Students taught in telepresenence suites by remote industry experts with the learning

reinforced by local mentors. Just knowing is an obsolete concept, the future requires the ability to gather information, then connect ideas and facts to make new constructs

Lab work on “beta” equipment – up to 2 years ahead of release

Frequent placements throughout the course into local and international businesses as the modular nature allows flexibility of learning

From year two a set of learning tracks that concentrates skills either towards a particular sponsor (and committed employer), or as a general corporate “citizen” or towards entrepreneurship

50% traditional academic content towards earning an Internationally recognised degree

30% industry qualifications – making a direct connection with the workplace

20% Life skills and personal development – creating rounded people

The Key Message is that a graduate is “ready to go” and not a candidate for retraining – a focus on practical application

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And the beneficiary?….IoM Within 5 years a facility that offers the following:

900 UK students and 60 local students studying in the Isle of Man in a specialist higher educational establishment with a worldwide reputation for excellence in both content and method and quality of Graduates

Profits in excess of £1m pa put back into the IoM Education Community as well as approximately £3m pa spent by the establishment on local services, construction and staff. This is in addition to the £4.5 m that will be spent before the establishment even opens it doors

20-50 students per year founding new innovative businesses in the Isle of Man

£3.87m pa spent in local economy by students themselves plus 650 students in private accommodation

300 high quality graduates a year with pre-defined business focused experience ready to “hit the ground running” with the Isle of Man businesses potentially having first choice

An ICT Economic Sector increased from current 4.6% to exceed the UK equivalent figure of 10%

The establishment of an “Educational Tourism” Sector in its own right

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“We can’t solve the problems {of today} by using the same kind of thinking we used when we created them…”

Albert Einstein

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An Initiative

OpportunityKevin Streater

BCS Council Member

IT professional workforce central to economic recovery

“ Globalisation and convergence have had major impacts on the IT & Telecoms workforce and the sector has experienced the effects of recent economic developments. However, the sector is expected to make a fast recovery.

In addition, it is clear that the IT & Telecoms professional workforce will be central to the UK’s economic recovery.”

e-skills UK Technology Counts UK: IT & Telecoms Insights 2010

Digital Technology at the heart of every sector

Prepared by KAS – Feb 2010

Looking forward: IT & Telecoms topics

Source: Experian / e-skills UK Technology Insights 2011 – Trends and UK Skills Implications

Looking forward: Sand and Sky

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Sky issues

Sand Issues

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Consumerisation of ITCommunications

convergence

industrialisation of delivery

Backshoring

Pool of talent / gender balance

Transformation through IT

Green IT

Digital Native

Borderless Business

Consumerisation of ITInformation and Analytics

Reshaping the Data centre

Real World Web

Communications convergence

Cloud computing

Innovation

Security and Data protection

Cross-cutting Skills Themes

Source: Experian / e-skills UK Technology Insights 2011 – Trends and UK Skills Implications

Cross-cutting Skills Themes

Source: Experian / e-skills UK Technology Insights 2012 – Trends and UK Skills Implications

•Team working•Self management•Communication and literacy skills

•Application of numeracy

•Problem solving•Research•Development• Innovation•Creativity

•Technology specific skills:•SQL, C, C#, .NET, Java, SQL SVR, ASP, JavaScript, Agile and HTML

•Security skills

•Business awareness•Customer awareness•Leadership skills•Management skills•Project skills

Business Skills

Technical Skills

Interpersonal Skills

Analytical and

Research Skills

Nature of demand

Source: e-skills UK Technology Insights 2012 – Trends and UK Skills Implications

52%

10%8%

7%

6%5% 5% 4% 4%

Systems DevelopersProject ManagersSystems AdministratorsBusiness AnalystsSystems Architects/PlannersTechnical Pre/Post sales SupportSoftware EngineersDatabase Administrators/AnalystsTest Analysts

What needs to be done?

To inspire future talent

We need to:

• Motivate talented students to pursue IT & Telecoms related careers.

• Better prepare all young people for work in a technology-enabled world.

• Galvanise employer investment in young people so that:

– An increasing proportion secure employment in the growing IT & Telecoms workforce, via industry-valued full time degrees, part-time degrees and apprenticeships;

– New mainstream qualifications are established, which appeal to students and are valued for their rigour and relevance by the most demanding universities and employers;

– A generation of young people – especially women - are inspired to pursue IT-related education and technology-rich careers.

Source: e-skills UK Technology Insights 2012 United Kingdom

Presentation to insert name here

An Initiative

FinancingDavid Butterworth

Executive Director, MEF

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ICT Update

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ICT Update - Guarantee - the conditions

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ICT Update - Founders34

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ICT Update – to make IT happen

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£2.5M available

Philanthropic Donation (single or multiple)

Sponsorship Room by Room

Student Accommodation

• Donations, small or large

Invest in the University

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‘Universities could pull us out of the economic mire - if they raise their game’

Lord Bhattacharyya

‘University cities "best" places to do business’

The Times 6/02/13

According to new figures there are 700,000 unfilled ICT jobs across Europe and the number of new openings is set to rise by 3% a year. Meanwhile the number of ICT workers entering the market is shrinking…

The issue was raised by the European Commission (EC) during the World Economic Forum in Davos by the vice president of the

digital agenda, Neelie Kroes

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