Factors to Consider When Choosing Accounts Payable Services Providers.pptx
Job Openings in IT and Decision Sciences
1. Jobs in IT & DS: Texas
A Small BI Project
Shows Texas Is Still Leading the
Technology Job Recovery
Jerry L. Dake & Jack D. Becker
University of North Texas
Information Technology & Decision
Sciences (ITDS) Department
2. Introduction – Why?
• IT & Decision Science majors difficult to attract
• Try to find ways to help grow our majors
• Decided to use BI in a creative, entertaining,
engaging way for our students to see benefits
of IT and DS – they like to see job openings
that pay well
• Mined the online real-time CareerBuilder.com
database for job openings
3. THE FRAGILE STATE OF TALENT MANAGEMENT
A crisis ahead that won't be financial*
• The continuing war for talent**
5. Changes in Direction
• Project has taken additional dimensions (2006 – present)
– Tracking more job categories
– Forecasting market trends
– Leading economic indicator
• Many limitations for serious research, but serves as a valuable
set of data for our students, the Center for Decision &
Information Technologies’ members and the ITDS Department
• A directional set of data
• Aside: Structural Unemployment issues foretell an overall
depressing job market into the future. Specific skills will
become very important… J. Dake (2006)
6. Tracking More Categories
The World Changes
2006 2007 2008 2009
ANALYST VIRTUAL GIS CLOUD
6 SIGMA BUDGET INFO. TECH
LEAN PLANNING LIFECYCLE
SAS STRATEGY ENT. ARCH.
DATA CONSULTING IT PROJ. MGT.
BI INNOVATION QUALITY
SAP SCORECARD
ORACLE GRAPHIC
FORECAST VISUAL
PERFORMANCE
MRO
SUPPLY
LOGISTICS
7. Tracking More Categories
Sometimes the Mind Moves Slowly (BFO’s)
2010 2011 2012 2012 continued
Process
Improvement 0 Mobile Apps Big Data
Dashboard Gas
Risk Mgt. Oil
Social Media Chemical
SharePoint Petroleum
SQL
.NET
SPSS
NoSQL
Apache
Hadoop
8. Forecasting Market Trends
• Existing Job Categories – Are the jobs we are educating our
students to fill increasing or declining?
– Technical Change in the world?
– Economic Change in the world?
– Cultural Change in the world?
• New Job Categories – What do we need to educate our
students for over the coming years to serve industry and keep
our students the most competitive?
– Technical Drivers?
– Economic Drivers?
– Cultural Drivers?
9. Job Openings for IT-related Jobs
Leading Economic Indicator?
• Traditional data sources are 2 or more months behind the
real-time data sources
– Sample data collection screen (next slide)
• Collected data from Careerbuilder.com on job postings within
the last 30 days – looking forward data?
• Data collected on approximately the 15th of every month.
• Categories of job growth or decline for our students.
• Are we likely to see tax revenue growth for the state?
16. Compare Real-time Data to
Other Data Sources
• Bureau of Labor Statistics
– Employment/Unemployment data
– Job Openings Data
• Private reporting agencies
– Gartner, Forrester, etc.
• Credibility of Real-time data??
17. JOLT Data for Information Industry
Job
(2006 thru Present)
Openings
&
Labor
Turnover
21. E.g., IT Project Mgt Takes Off
• In last year IT Project Management openings
have literally taken off
• One anomaly drop in April 2011??
• Essentially job openings increased 6Xs from
500+ to over 3,500!!
25. Information Technology & Decision Sciences
University of North Texas - MS
DSCI 5240 Data-Based Decision Support Systems (Data
Mining)
DSCI 5330 Enterprise Applications of Business Intelligence
DSCI 5340 Predictive Analytics and Business Forecasting
DSCI 5350 Big Data Analytics - Fall 2013
DSCI ???? Analytics of Data Visualization & Exploration
(2014)
26. Information Technology & Decision Sciences
University of North Texas - BBA
• DSCI 2710 (Business Stats I)
• DSCI 3710 (Business Stats II)
• DSCI 3870 (Management Science)
• DSCI 4510 (Model-based Decision Support Systems)
• DSCI 4520 (Data-based Decision Support Systems
• DSCI 4700 (Problem Solving and Decision Making Process)
• BCIS 4660 (Decision Software Design)
• MGMT 3830 (Operations Management)
• Approved Supporting Courses (12 semester hours)
• We require the students to choose a functional area, outside of Decision Sciences, so they will
have grounding in a functional area of their choice. This requires 12 semester hours of upper
division course work in that functional area; to include one international course. Our students
have completed these hours in everything in business like finance or marketing to other fields;
such as geography (GIS) to math(for actuarial analysis).
*Professor Shlomo Ben-Hur - October 2012**Oct 23rd 2012, 15:04 by J.L.H.D | ATLANTA
*Financial crisesIs the slow recovery unusual? Surprisingly not so much!Oct 15th 2012, 20:28 by M.C.K. | WASHINGTON “The Economist”
Starting in 2006 … Dake & Becker started tracking job openings for 13 Technology jobs categories.The list grew in 2007-20013 …. See next slide too..
The US Bureau of Labor Statistics Job Numbers come out approximately 2 months AFTER we have our CareerBuilder.com Job Opening numbers. Also, the last number they provide is LABELED as Preliminary. It is ALWAYS revised the next month..!!While their numbers may be more accurate, and may contain less duplication… our are 2-3 months AHEAD of them!!
Analysts Job Openings dropped precipitiously.. . During the banking crisis of 2008 along with the NYSEThe TARP Bailout followed by the First Stimulus ($1 Trillion)… did jump start the economy, but the Analysts Job Openings are Still below their recent highs in 2007Analysts jobs seem to track the economy (NYSE) fairly closely throughout 2006-2013.. More recently… they seem to be trending upwards at least according to our 6-degree polynomial trend line!
JOLT – Job Openings and Labor Turnover
Points:1. In the year over year Analysts openings we see a smoothing for routine seasonality changes. It is fairly apparent that job openings have remained relatively unchanged in a monthly seasonally adjusted sense since June 2010.2. A trend which came to light in the September US Employment numbers verified that there is usually an uptick in part time jobs, especially for college age students in Aug-Sep timeframe, due to a return to colleges and and all of the part-time employment at these predominantly government-funded institutions. This is especially pronounced if the actual Summer employment for college students was stagnant, as was the case this past summer.3. The inflation adjusted and $US exchange rate adjusted NYSE average provides some interesting observations, also. 1) From 2006 to end of 2008, the $US value decrease exceeded inflationary pressures on the NYSE.; 2) Between Jan 2009 until Mar 2012, inflation and $US values moved in parallel.; 3) starting in Apr 2012 Inflationary pressure has lead $US valuation decreases (i.e., the $US dollar has been relatively stronger).
After the glory days of the Dot.Com boom… leading up to 2001… Information Industry jobs according to the US Bureau of Labor Statistics reached a high of around 362,000 in Jan 2001This dropped precipitously to under 50,000 by the end of 2002.Except for a somewhat robust recovery between August 2003 and December 2007, growth is this sector has been fairly flat… especially since April 2009
Fairly sustained growth in BI openings since 2006
Enterprise Database specialist for ORACLE and SAP move in tandem!.. ORACLE slightly leading SAP
Robust growth in IT Project Mgt Openings beginning in Jan 2011– a good sign!!