The AICPA and NASBA recently surveyed 300 U.S. accounting programs to show what technical skills students need as they enter the profession and what they may be missing. The survey focuses on topics such as data analytics, IT audit, cybersecurity, etc.
The survey was done as part of the CPA Evolution Initiative which is transforming the licensure model for the CPA. The survey showed that 64% of accounting programs are teaching analytics, but less than half cover cybersecurity.
The amount of streaming data as well as the large data storage centers are having an negative impact on the environment. Some experts believe the data technology industry rivals the airline industry on the environmental impact.
With the number of new devices collecting data, the demands for electricity are set to increase significantly.
Tech companies are looking at how to curb the power usage from massive data centers. These centers not only expend large amounts of energy powering the data centers, but they also need significant air conditioning to cool the machines.
Harvard Business Review named the data scientist the sexiest job of the 21st century. This job requires significant computing and statistical skills.
With the rise of analytics and artificial intelligence, these skills are needed, but even more critical are individuals that have excellent business acumen.
These individuals can fill the role of translator. Not in the traditional language sense, but translate business requirements for the technical individuals.
” translators play a critical role in bridging the technical expertise of data engineers and data scientists with the operational expertise of marketing, supply chain, manufacturing, risk, and other frontline managers. In their role, translators help ensure that the deep insights generated through sophisticated analytics translate into impact at scale in an organization. “