How companies and professional organizations must collaborate to build the workforce of the future
Data might not sound all that exciting, but mastering it has rapidly become the world’s most in-demand skill.
With ninety percent of the world’s data created in just the past two years, organizations around the world are dealing with disruptive changes in business and technology that have a significant impact on economies and employment.
Modern professionals now find themselves at the beginning of a new technological era of cognitive and cloud computing that is fueling artificially intelligent systems with unlimited data from multimedia, photos, blogs, social media posts, Internet of Things sensors and more.
These artificially intelligent systems are sweeping across industries, automating business processes and professions and demanding the skills needed to master a new business reality.
To prepare today’s workforce for the future, it is critical that professional organizations and companies work hand in hand to prepare professionals for the changes that lie ahead.
Consider the accounting industry.
An important part of creating a future for accountants and finance professionals is providing them the opportunity to gain the necessary growth skills to avoid disruption.
Accountants today focus on analyzing contracts to ensure business, such as tax compliance and mergers, runs effectively. However, by applying the power of cognitive technologies to these data-driven activities, accounting professionals free themselves up to redeploy talent to higher value, more strategic business activities.
That’s where professional organizations like the Maryland Association of Certified Public Accountants and the Business Learning Institute can work with corporations like IBM to develop training programs for accountants that will help them meet the AI and Data Science needs of the future.
These organizations recently announced a partnership that will deliver hands-on, personalized cognitive class training to drive accuracy, efficiency and productivity for accountants.
IBM is leading the cognitive and cloud computing revolution. The company knows how to automate data-driven businesses, and understands what advanced skills will be needed to be competitive in tomorrow’s job market.
Interactive cognitive courses for accountants will be delivered through the IBM Big Data University via the Business Learning Institute, the MACPA’s learning and innovation subsidiary. Classes will feature training in machine learning, deep learning and AI to help accounting professionals apply insights derived from cognitive computing to solve complex financial problems with improved, learned productivity.
Leaders in every industry are responding to this new data-driven economy. Given how effective these tools are today in turning data into decisions, the opportunity is now to train and infuse the necessary data science skills into the accounting profession for the future of our collective success.
This is the new era of cognitive computing. And it’s not just happening in the accounting industry. Retail, entertainment, fashion, law and many more industries are learning how to be smarter, more efficient through the acquisition of cognitive skills. Business leaders are more eager than ever to implement innovative processes that will streamline their operations, improve efficiency, drive more revenue and trim down costs.
It’s not about replacing employees with computers, it’s about building a new workforce that can support a more efficient world.
- For more information on the Maryland Association of Certified Public Accountants, visit: macpa.org
- For more information on the Business Learning Institute, visit: BLIonline.org
- For more information on IBM developerWorks, visit: ibm.com/developerworks