By: iCrowdNewswire Program allows corporations to preview and refine Nexis+ AI’s Gen AI capabilities, which deliver trustworthy results, powerful summarization features and faster time to insights ...
Machine learning, artificial intelligence, and big data are hot topics in business discourse today as companies are racing to get information faster and more efficiently to stay ahead of their competitors...
The finance industry is up against massive challenges as 2023 shapes up to be a tumultuous year for the market. The closure of Silicon Valley Bank signaled another big fall in trust, and businesses are...
Change management is a crucial, yet daunting, part of a company’s life cycle. Whether it’s in response to exciting growth or disappointing pitfalls, adaptation is often necessary when it comes to moving...
The modern workplace has undergone a dramatic transformation in the aftermath of a global pandemic, widespread talent shortages , and the adoption of new technologies. As a result, today’s workers are...
Big data is an understatement given what it describes. Take the amount of data in the world a year ago— approximately 44 zettabytes. That’s a “44” with 21 zeros after it. Still trying to wrap your mind around that number? Picture this: 44 zettabytes equate to more stars than in the observable universe. The pace of data creation continues to accelerate too, which explains why data makes an appearance in every 2022 higher education trend covered in our newly released report.
If you saw our trend report preview post, you’ll recognize the first two trends:
While we noted the importance expanding data-oriented curriculum and degrees to prepare students for the workforce of the future, we didn’t touch on another reason for this expansion—reskilling and upskilling the current workforce.
As author and data science expert Piyanka Jain told MIT Sloan, “Everybody needs data literacy, because data is everywhere. It’s the new currency, it's the language of the business. We need to be able to speak that.” Offering flexible courses to accommodate non-traditional students and developing certifications for key competencies related to big data could become a competitive differentiator for universities in 2022.
Of course, data literacy doesn’t mean every student (traditional or not) needs to know Python—Trend 2 in our report—but it’s important to note why Python has earned a top spot as a data science programming language. Python’s simple, easy-to-understand syntax means a shorter learning curve. Plus, the substantial number of Python libraries available can help get programming projects off the ground quickly.
See how Nexis Data Lab can enhance your academic research.
Big data is front and center in the next trend covered by the report too.
When the pandemic accelerated demand for remote learning, universities faced many hurdles. But as they shifted to Zoom lectures, added digital workspaces, and worked out connectivity kinks, universities recognized untapped potential. The convenience and flexibility of remote learning breaks down other barriers, extending benefits of big data to a wider audience.
Another trend hinges on how universities manage big data. If the data volume being generated seems mind boggling, imagine the storage requirements. Rather than constant reinvestment in IT infrastructure, universities will speed up their migration to the cloud. In addition, data storage and management will become more fluid. Rather than data warehouses organized for specific operational needs, more universities will adopt data lakes that ingest streams of diverse types and sources of data. Pooling unstructured, semi-structured and structured data will allow more in-depth analysis need to support academic research.
Companies have a vested interested as universities build out data science capabilities. The most in-demand careers now and for the foreseeable future are related to big data—data scientists, data analysts, data engineers. More companies will partner with universities on curriculum development to help ensure new hires can get off to a quick start. Likewise, collaborations between universities and other organizations will drive innovation in 2022—whether developing new products/services or tackling climate change and other global challenges.
We’ve just scratched the surface on these trends. Download the trend report to take a closer look at these topics.
Nexis Uni® and Nexis® Data Lab can help universities make the most of these trends—and whatever else emerges in 2022. Connect with us to arrange a free trial or demo.