Preparing for the Next Wave - IOT, Sharing Economy, Jobs and Skills

PREPARING FOR THE NEXT WAVEIOT, SHARING ECONOMY, JOBS AND SKILLS

Professor Tanya Sammut-Bonnici

Contents

1. Third Wave of Information Technology

2. Internet of Things (IoT)

3. Sharing Economy, Collaborative Economy

4. Effect on Human Capital - Jobs

5. Bridging the IoT Skills Gap

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IoT Skills

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Research Context

• Market Adoption of Network ProductsWiley Encyclopaedia of Strategic Management, Joint EditorResearch Area - Network Economics

• Warwick Business School - IBM MBA ProgrammeCollaboration and ongoing research

• Review of Tech Companies’ Activity in IOTArm, Cisco, Ericsson, Qualcomm, Sony, Vodafone

• Vacancy Website – Demand for skillsPilot, preliminary study

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1. Third Wave of Information Technology

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IoT Skills

1st 3rd2nd

Internet of Things2020sInterconnected platforms of people, objects and resources

Wearables, Medicine, Transport, Property, Appliances, Factories, Smart CitiesHuman-2-MachineMachine-2-Machine

Internetmid 1990sBrowser WarsSearch WarsOnline MarketplacesHuman-2-Human

Computers1980sZX81, Atari, IBM, Compaq and IBM clonesMachine-2-Human

2. Internet of Things (IoT) 1/4

• IoT = Network of Smart Objects which can be sensed, controlled and managed through the Internet

• Smart Objectswearable medical technology, vehicles, aircraft, machinery, factories, buildings, construction sites, smart cities

• Merging of Two WorldsPhysical World and the Digital World

• By 2020 – 25 Billion ObjectsSmart objects GARTNER

(2015: 6.8 billion mobile phones)

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IoT Skills

6Tanya Sammut-Bonnici High Volume, Low Cost, Disposable, Low Energy

2. Internet of Things (IoT) 2/4

IoT Skills

Sports: Jawbone, Polar , Fitbit 5.8 billion USDPreventive: posture, hydration

MC10, ConvertisAdhesive Wearables

ARM – Semiconductor CoWifi 80c, Bluetooth 30s, GPS 60c

Remote sensing of patients, in and out of hospitals

2. Internet of Things (IoT) 3/4

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IoT Skills

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2. Internet of Things (IoT) 4/4

IoT Skills

3. Sharing Economy / Collaborative Economy

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IoT Skills

• Many-2-Many Business Modelof Amazon, eBay, Alibaba

• Rise of Excess Capacity Business ModelseBay, Airbnb, Lyft, Uber

• Industrial ApplicationOffice space, transportation, warehouse storage, building materials

• IoT and ECB Platforms“The Uberisation of Everything”Combine technology to manage resources: e.g. car locators, automated property locks, drones on building sites

• Organisational ModelsLargest Taxi company owns no cars - UberLargest Media platform owns no content - FacebookHighest valued Retailer owns no stock - AlibabaLargest Accommodation provider owns no property - Airbnb

4. Effect on Human Capital - JOBS

• Crowd Working - Employees"We do not need a company, we need ecosystems“Distributed tele-cooperative networksReplacement of hierarchies by network cooperation

• Crowd Sourcing - SuppliersOpen calls over internet networks and platformsAlready in use in IT, Crowd Funding, R&D. AI

• Physical WorkplaceOffice sharing, desk sharing

• Effective Use of Resources Implies - Less labour requirements for same service- Less low value adding jobs connected to access resources (lorry drivers, administration)

• Increase in Demand for IoT skills, new jobs

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IoT Skills

5. Bridging the IoT Skills Gap 1/5

• 2 Million unfilled ICT jobs globally in next ten years

• 200,000 new engineers and IT techniciansper year to connect the unconnected

Job Opportunities 1. Business Intelligence / Data Analytics

2. Information Security

3. User interface (UI) and user experience (UX) designers

4. Mobile development

5. Hardware engineering

6. Networking

Vocational ElementDemand for skilled technicians and operators

HYBRID electricians and IT technicians

Skilled workers (VET) rather than knowledgeable workers (HE)

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Jeremiah Grossman

5. Bridging the IoT Skills Gap 2/5

Pilot study of skills requirements on Monster.comIOT Technician level, assistants jobs (n=40)

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5. Bridging the IoT Skills Gap 3/5

Skills Subject Areas

1. Skills for Dominant PlatformsWindows Azure

Amazon Web Service (AWS)

2. Skills for Operating SystemsiOS, Android, Windows devices

3. Skills for Building AppsJavaScript, Python, .NET, PHP, Java and Node.js

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5. Bridging the IoT Skills Gap 4/5

Skills Subject Areas (continued):

4. Skills for Connectivity Standards• Currently 149 standards, due for a Darwinian shakeout• Main standards: Bluetooth SIG, IEEE, IETF, IPSO Alliance,

MQTT.org, Open Mobile Alliance, Thread, ZigBee Alliance

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5. Bridging the IoT Skills Gap 5/5

Format of courses

• Existing Online Learning InstitutionsLinkedIn’s Lynda.com, PluralSight, Vector Learning, SkillSoft, Kineo

Adaptation: Native languages, Examination Centres, Accreditation

• Existing Open Learning PlatformsCoursera, edX, Udacity

• Apprenticeship ProgrammesWork based learning, on the job, project based

• Lab Based Learning

• Industry Integration, Content Development

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1.5 billion USD

Acknowledgements

Prepared with the contribution of:

• Dr John Atherton, Warwick Business SchoolExpert in Semiconductor Technology and Industry Development

• Dr Abdalla Kablan, University of MaltaExpert in Computational Intelligence and Financial Data Science

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IoT Skills

“Internet of Things”

“Internet of Everything”

Thank you

Professor Tanya Sammut-Bonnici