IT decision-makers (ITDMs) report that cybersecurity is the hardest area to find qualified talent, followed by cloud computing skills.
56% of ITDMs report that certified personnel closes organizational skills gaps.
48% of ITDMs report that certifications boost productivity.
44% of ITDM report that certifications help meet client requirements.
Knowing which cybersecurity certifications are in the greatest demand is invaluable in planning a career in the field. I asked Global Knowledge, the world’s largest dedicated IT training company, which hosts over 3,000 unique IT courses delivered by over 1,100 subject matter experts for their help in finding out which cybersecurity certifications are the most sought after in North America this year. Their 2019 IT Skills and Salary Report is considered the gold standard of IT skills, certification, and salary data, with many IT professionals relying on it to plan their careers. Human Resource professionals also use the report and consider it an invaluable reference to guide their recruiting efforts. Thank you Global Knowledge for providing custom research of the current state of demand for cybersecurity certifications.
Ranking The Most Sought-After Cybersecurity Certifications
Of the 63% of North American IT professionals planning to or are pursuing a certification in 2019, 23% are pursuing a cybersecurity certification according to the latest Global Knowledge IT Skills and Salary Report. The certifications reflect how quickly unique, specialized areas of knowledge are gaining in popularity. “Traditionally, cybersecurity senior leadership-level certifications have been dominated in popularity by the administrative and Governance, Risk Management, and Compliance accreditations. This continues to be reflected in the latest data with the most popular (ISC)2 and ISACA certification bodies represented well in the list,” said Brad Puckett, Global Knowledge’s global product director for cybersecurity. Brad used the Global Knowledgebase of survey data to produce the ten most sought-after cybersecurity certifications in North America in 2019 shown below:
Just over $4B was invested in software deals by venture capitalists (VCs) during Q1, 2014, four times as much as biotechnology.
Software deals netted out 42% of all dollars invested in the first quarter of 2014, with biotechnology receiving 11%. VCs invested $816M in IT Services or 9% of all dollars, making this the third largest investment category. Interest in IT Services continues to accelerate, with dollars invested in this category increasing 33% compared to the prior quarter.
A total of $9.5B in 951 deals was invested in the first quarter of this year, up 12% in dollars and down 14% in the number of deals compared to the 4th quarter of 2013. In the previous quarter, a total of $8.4B was invested in 1,112 deals.
In 2013, $11B (37%) of all venture investments were in software, $4.6B (16%) in biotechnology and $2.96B (10%) were in Media and Entertainment. The following graphic shows the distribution of amounts invested by industry in 2013. Please click on the graphic to expand for easier reading.
In the first quarter of 2014, software companies also received three times the number of deals of the next closest industry category, Media & Entertainment. 46% or 126 software deals were completed in Q1, compared to 40 in Media & Entertainment. Biotechnology companies were third with 8% or 22 deals. The following graphic provides a comparison of deals by industry for Q1, 2014. Please click on the graphic to expand it for easier reading.
Kleiner Perkins Caufield & Byers, First Round Capital, New Enterprise Associates, Inc. and Andreessen Horowitz LLC completed the most venture capital deals in 2013, as the graphic below shows. Please click on the graphic to expand for easier reading.
Software’s dominance in Q1, 2014 relative to other industries is evident in the following graphic, showing 42% of dollars invested followed by biotechnology (11%) and IT Services (9%). The study data shows nine of the 17 industries are shrinking it terms of venture investments. Telecommunications is down 68%, Networking and Equipment down 47% and semiconductors, down 17%. Please click on the graphic to expand it for easier reading.
Overall first-time financing decreased 25% to $1.2B in Q1, with a corresponding 24% drop in the number of companies to 271.
48% of dollars invested during Q1 into companies receiving venture capital for the first time are in the software industry. 46% of the deals to 126 companies who captured $571M in Q1 lead to this industry dominating first sequencing investments.
Top regions where startups received funding in Q1 include Silicon Valley (50% of all VC funding), New England (11%) and the New York Metro Area (10%). The Los Angeles/Orange County area was fourth with 5% of all venture funding in Q1, 2014.
When the CEO of a rust-belt manufacturer speaks of cloud computing as critical to his company’s business strategies for competing globally, it’s clear a fundamental shift is underway.
Nearly every manufacturing company I’ve spoken with in the last ninety days has a mobility roadmap and is also challenged to integrate existing ERP, pricing and fulfillment systems into next-generation selling platforms.
One of the most driven CEOs I’ve met in manufacturing implemented a cloud-based channel management, pricing, quoting and CRM system to manage direct sales and a large distributor network across several countries. Manufacturers are bringing an entirely new level of pragmatism to cloud computing, quickly deflating its hype by pushing for results on the shop floor.
There’s also been an entirely new series of enterprise software and cloud computing forecasts and market estimates published. I’ve summarized the key take-aways below:
Enterprise sales of ERP systems will grow to $32.9B in 2016, attaining a 6.7% CAGR in the forecast period of 2011 to 2016. CRM is projected to be an $18.6B global market by 2016, attaining a CAGR of 9.1% from 2011 to 2016. The fastest growing category of enterprise software will be Web Conferencing and Team, growing at a 12.4% CAGR through the forecast period. The following graphic compares 2011 actual sales and the latest forecast for 2016 by enterprise software product category. Source: Gartner’s Forecast Analysis: Enterprise Application Software, Worldwide, 2011-2016, 4Q12 Update Published: 31 January 2013
IDC is predicting Cloud Services and enablement spending will hit $60 billion, growing at 26% through the year and that over 80% of new apps will be distributed and deployed on cloud platforms. Their predictions also are saying that 2.5% of legacy packaged enterprise apps will start migrating to clouds. Source: Top 10 Predictions, IDC Predictions 2012: Competing for 2020 by Frank Gens. You can download a copy of the IDC Predictions here: http://cdn.idc.com/research/Predictions12/Main/downloads/IDCTOP10Predictions2012.pdf
Today Harvard Business Publishing released the following video interview where Vijay discusses his latest book, The Other Side of Innovation - Solving the Execution Challenge. You can download a sample chapter here for free. At just over 14 minutes, the video is worth watching and time well spent.
The bottom line is that the need for staying current on analytics, business intelligence, data mining and linguistic modeling using cloud-based data is going to accelerate in importance faster than anyone expects.
The following video clip features Dr. Joseph Hellerstein, Professor of Computer Science at the University of California, Berkeley, discussing how programming languages need to be augmented to support larger data sets and more ubiquitous levels of integration.
Companies who see the potential in their employee’s passion to innovate get out of their way and give them opportunities to get involved in projects they deeply care about. Often exceptional results emerge from these efforts, leading to entirely new businesses. That’s the key take-away of the rule of 20%. For software companies delivering apps on the SaaS platform, the potential for getting immediate customer feedback is turning into an entirely new source of innovation. The speed of customer feedback possible also opens up the potential of giving employees the chance to test new concepts immediately, nurturing innovation in the process.
Bottom line: The goal of these webinars is often to recruit students for certificate and degree programs, so the content often over-the-top in terms of quality. It’s definitely worth checking out if you are interested in cloud computing.