To properly prioritize sought-after competencies and prepare your workforce for the coming challenges and opportunities, a data-driven approach is needed.  

According to the third annual Coursera’s Job Skills Report, which stands as a valuable reference for developing innovative skill strategies, there are 8 key fastest-growing skills for 2024: 

• Leading Teams with Empathy  
• AI-Related Skills for Increased Productivity  
• Cybersecurity and Information Security  
• Business Skills & Digital Marketing as Core 
• Data Visualization for Faster Decision-Making  
• Cloud Computing  
• Audit and Compliance Skills  
• Customer Retention 

Top Job Skills Driving Innovation in 2024: Overview 

Here’s a quick summary of the fastest-growing job skills in business, technology, AI, data science, and cybersecurity for 2024: 

Fastest-Growing AI Skills  

Estimates at Bloomberg Intelligence show the market for AI solutions is set to grow to $1.3 trillion over the next decade, while job listing site Upwork reported a 1000% increase in the number of generative AI job posts made in the first half of 2023.  

Not surprised? So are we. Explore below the fastest-growing AI skills enabling learners to build ML models, facilitate automation, and more.  

Cloud Computing  

Gartner expects the global cloud computing market to have skyrocketed from $490.3 billion in 2022 to $591.8 billion in 2023.  

It presents an exciting opportunity for businesses and job seekers, with cloud computing jobs being some of the most in-demand roles in the tech industry.  

Cybersecurity  

With the critical need to protect against growing numbers of cyberattacks worldwide and the increasing capabilities of AI creating new security considerations, investment in cybersecurity skills will benefit employees and institutions alike in the year ahead.  

There’s an estimated shortfall of more than 3.4 million cybersecurity workers. That figure is likely to climb, with employment of information security analysts expected to grow 32% from 2022 to 2032 in the United States alone. 

Audit and Compliance Challenged by AI Regulations 

Only 37% of HR leaders, in-house counsel, and executives guide employees in using AI tools.   

Meanwhile, data privacy and security rank as the top concerns of Chief Intelligence Officers regarding AI.  

With generative AI transforming productivity, it will be crucial to develop the capability of employees to review and evaluate an organization’s compliance.  

Customer Success 

Customer success and relationship management skills are among the top ten fastest-growing business skills.   

According to McKinsey, unlocking new revenues from existing customers accounts for 80% of value creation in leading growth companies.  

So, there is a burning need for businesses to navigate customer retention and expand the value delivered to both current and potential customers. 

Leadership   

“Manager effectiveness” is ranked as the top priority for HR leaders—and employees are facing change fatigue, with willingness to support organizational change collapsing from 74% in 2016 to 43% in 2022.  

To effect change, the leaders of tomorrow will need to be agile, compassionate, and able to keep individuals and businesses aligned.  

Data-Literacy as a Baseline Expectation for Employers  

Today, only 11% of employees are confident in their ability to read, analyze, work with, and communicate with data—showcasing the vast need for upskilling and learning.  

Institutional leaders recognize the need to respond, with 85% of C-suite executives believing that being data-literate will be as vital in the future as the ability to use a computer is today.  

So, data visualization with the help of business intelligence software also joined the top of the fastest-growing skills.  

Digital Marketing   

The rapid growth of the global advertising and marketing industry, which is expected to rise to $1.5 trillion in 2030, illustrates the spurred demand for digital marketing skills. In the US alone, employment in digital marketing-related professions is projected to grow rapidly up to 2032.  

Meanwhile, shifting consumer behaviors—powering trends like increased social selling—with 76% of people making buying decisions on social media—call for upgraded skills from digital marketers.  

To adapt to a new paradigm, organizations should invest now in equipping learners with the skill sets to deliver modern marketing strategies. 

Your Workforce Check  

By addressing these questions, you may check if your organization has the right skills.  

Strategic Alignment:  

• Which job skills are most critical for achieving your business goals and strategic initiatives?  
• How do these skills differ across departments and levels within the organization?  
• Are there any skills gaps that could hinder our progress, and how can we address them?  

Talent Acquisition & Retention:  

• How can we attract and retain top talent who possess these critical skills?  
• What are our competitors doing regarding these skills, and how can we compete effectively?  
• How can we develop and upskill our workforce to meet these changing demands?  

Future-Proofing the Organization:  

• What emerging technologies and trends might impact the skillset we need in the future?  
• How can we invest in skills that will remain relevant and valuable in the long term?  
• What kind of culture and learning environment do we need to foster continuous skill development? 

How to Find and Hire Sought-After Specialists with Digital Mindsets in 2024 

While a business-driven digital mindset is critical for increasing competitive advantage, leaders need well-established best practices to find and onboard it or unlock it in current employees.  

Wherever you are on your digital journey, we’re ready to help. Our experts can support you with extracting your potential to transform, innovate, and grow by:    

• Delivering digital mindset—the only one that can help with innovation: technical expertise ensures your digital programs and processes are up to date and as efficient as can be.  
• Integrating top talents with your current team through the Remote In-Sourcing® model.  
• Forming the most efficient distributed teams through the just-right Team Formation methodology. 

With a digital mindset, you’ll ask the right questions, make smart decisions, and appreciate new possibilities for a digital future. Leaders who adopt advanced approaches will be able to develop their organization’s talent and prepare their company for successful and continued digital transformation. 

Feel free to connect with our experts to discuss your unique needs and what it really takes for your business to thrive in the age of data, algorithms, and AI.  

Summing Up  

All in all, companies looking to boost competitiveness in 2024 have a wealth of opportunities:  

• Make data-driven decisions while identifying priority skills.  
• Invest in upskilling and reskilling of your workforce. 
• Embrace automation and AI with qualified audit, cybersecurity, management, and marketing professionals on board. 
• Rely on a trusted technology partner to help you source and acquire sought-after specialists with Digital Mindsets. 

The post Futureproof Your Organization with Digital Minds: Top Job Skills Driving Innovation in 2024 appeared first on Intetics.

The 14th ITS European Congress was devoted to smart and sustainable mobility. Given the host city’s position as a model for connected mobility and a well-known center for the space and aeronautics industries, it was the ideal place for this spectacular event.

Congress gathered an impressive number of Intelligent Transport Systems stakeholders from the public and private sectors to present smart mobility innovations, products, and services. It was a pleasure to enjoy the performance of the prestigious members like Jean-Luc Moudenc, a Mayor of Toulouse since 2014.

Intetics Ceo and President Boris Kontsevoi and Dr. Alexander Tretyakov, Business Development Director, Digital and Geo-Solutions, joined 3000+ congress attendees from around 50 countries. They were impressed by the scale of the event and its comprehensive coverage of transport digital transformation.

“The congress showed that the overriding technologies now are geospatial, drones, smart devices, and AI. Luckily, they are accelerated by Intetics CoEs, to provide leadership, best practices, and research within these hottest tech areas,”

states Boris Kontsevoi

And this is not surprising: our White Paper “The Ultimate UAV (Drones) Technologies Overview by Tech Geeks” already showed the industry is overgrowing, and the number of drone and related technologies application areas is endless.

The event program covered five central topics, including:

1. Services for citizens: intelligent traffic, safer mobility, MaaS, etc.
2. Next-generation solutions: mapping and geolocation, next-gen AI, 5G, 6G, and beyond, etc.
3. Green and sustainable mobility: decarbonization, electrification, hydrogen, etc.
4. From large-scale trials to deployment: living labs, transferability of solutions.
5. Cities as logistic hubs: delivery parking, distribution hubs, green vehicle routing, data sharing platforms, etc.

“Each conversation we had with colleagues proved that many existing Smart Mobility Platforms could not be out-of-the-box. They need integration with the existing end-user systems or third-party tools. What is more, they require developing additional software components. Once again, we are convinced in demand for custom Transportation and Mobility Solutions development and their continuing growth in the future.”

Alexander Tretyakov, Business Development Director, Digital and Geo-Solutions

Considering social events, Boris visited the Illustrious Dinner, an invitation-only highlight of the ITS European Congress for VIPs. It took place at Salle des Illustres, in the majestic Capitole with a theatre and many staterooms from the XII century.

We are thankful to the organizers and participants for receiving an inspiring viewpoint on the future of mobility and transport, an upbeat atmosphere, and a welcoming city full of surprising aerospatial discoveries.

“We were also impressed by the showcased solutions’ innovative predictive maintenance, face-tracking, and other next-gen functionality. Intelligent mobility algorithms are no longer based only on spatiotemporal features. Algorithms can now monitor the driver and passengers’ behavior, or on the other hand, the state of electric car battery charging devices is checked via digital twin. And predictive maintenance solutions find their application even for electric bike components!”

Alexander Tretyakov adds

If your product needs similar features — let`s implement these innovative technologies for your future projects together. Reach out today!

The post Smart and Sustainable Mobility Is a New Trend. Highlights from the 14th ITS European Congress 2022 in Toulouse appeared first on Intetics.

Businesses are gradually overcoming the pandemic, and more and more events are returning to the offline format. The impressive number of stands presented at the exhibition clearly showed that the organizers employed all necessary measures against COVID-19, and the conference complied with international safety requirements. That means one thing: offline events are finally back!

CES returned ‘home’ to Las Vegas, welcoming well over 40,000+ attendees in person, including 1,800 global media professionals, across 11 indoor and outdoor venues.

The show was truly a global event, with 30% of attendees traveling from outside the US – representing 119 countries.

Boris Kontsevoi, President and CEO, and Irina Dubovik, Digital Marketing Director, represented Intetics at the event and shared their insights.

The location and the venue – a unique ecosystem connecting business, technology, digital art, and entertainment.

Las Vegas, and the CES conference, are definitely worth visiting at least once in a lifetime.

CES® is the most influential tech event globally — the proving ground for breakthrough technologies and global innovators. It’s where the world’s biggest brands do business and meet new partners, and the sharpest innovators hit the stage. 

Las Vegas is a major internationally renowned resort city, known primarily for its gambling, shopping, fine dining, entertainment, and nightlife. The Las Vegas Valley serves as the leading financial, commercial, and cultural center for Nevada.

The city bills itself as The Entertainment Capital of the World and is famous for its mega casino-hotels and associated activities. It is a top three destination in the United States for business conventions and a global leader in the hospitality industry, claiming more AAA Five Diamond hotels than any other city in the world. Today, Las Vegas annually ranks as one of the world’s most visited tourist destinations.

Las Vegas was built in a very particular way so that it’s often referred to as a free-standing art object in itself. It represents a real ecosystem with enormous buildings; each hotel or business center has its own infrastructure with various events, art objects, and activities.

Some of the buildings are styled as miniature versions of different countries: France, Italy, Egypt, etc. 

The Venue

One of the CES’s venues (The Venetian Tower), inspired by the magical atmosphere of the famous Italian region, also belongs to the group of sites with unconventional settings. Exposition stands could be found on each of the mall’s floors; the shopping center even had artificial channels with Venetian gondolas cruising along them. 

Teslas in Tunnels

Due to the huge distance, the transfer between pavilions was organized in a novel way – all participants got to enjoy the Tesla loop. Loop is an all-electric, zero-emissions, high-speed underground public transportation system in which passengers are transported to their destination with no intermediate stops. Also known as “Teslas in Tunnels!”

Photo Galery

Intetics Team Insights

Intetics will continue to expand its presence on the US market. Meeting our long-term partners and prospective customers was a great pleasure! We always do our best to keep track of the latest technologies and advances to innovative solutions for our customers. The most interesting trends were related to Intetics’ core specialization: HealthTech, Smart Cities, Drones, Automotive solutions.

Boris Kontsevoi, Intetics’ CEO and President

Las Vegas and the CES conference; this is where you can follow digital technologies and watch them integrate with business, art, and entertainment true experience businesses. And most importantly, it’s possible to find the latest trends all in one place.

Here, buildings are more than just buildings: they offer a wide range of facilities, including evergreen botanical gardens, business centers, mesmerizing art spaces, etc. But what impressed me the most was the sheer number of participants providing incredible digital expositions. 

Bellagio stole my heart. It’s a legendary hotel and casino, which happened to be the filming location of Ocean’s Eleven.

And the Lion Habitat Ranch, where Metro-Goldwyn-Mayer cares about 40 rare lions and 1 giraffe, painting pictures.

Irina Dubovik, Intetics’ Digital Marketing Director

Some Digital Art and Places Must See

• Bellagio Gallery of Fine Art Afro Frequencies

• Grand Bellagio Fountain

• Immersive Van Gogh Exhibit Las Vegas

Intetics provides All-Things-Digital solutions, with 29 years of experience with custom software development and Remote In-Sourcing®.

Find out more about our Solutions for your projects and challenges!

We will be happy to help every step of the way.

The post Intetics Shares CES® 2022 Insights on Breakthrough Technologies and Biggest Global Innovations appeared first on Intetics.

And that’s just a mild example. Des Moines has an astonishing 19.4 available parking spots per household.

With such an overabundance of designated parking spaces, why is it so hard to find a place to park? The answer is simple: unintentional ignorance. City dwellers all have their favorite parking spots – ones that have clear signs and are easy to access. Less popular parking spots might be a little more difficult to notice, but they are often full of vacant spots.

In a study from Bloomberg City Lab, it was found that even though 27 studied districts had oversupplied parking, there was a public perception of scarcity. But in actuality, supply outweighed demand by an average of 65%. That’s a lot of empty spots!

So, how do we go about making vacant parking spots more accessible to the average driver – and in a way that alleviates the burden on city planning? One way is to predict available parking spaces, which allows drivers to see which spots will be vacant upon arrival and use that information to plan their route. This is made possible through Machine learning (ML) technologies, which assess how the parking situation will change in an hour and act accordingly.

Smart cities – urban areas that use data-driven insights to efficiently manage public services – stand to heavily benefit from parking space prediction. If drivers have access to a solution that predicts upcoming vacancies, the city’s traffic congestion and pollution will decrease – and, what’s more, the Smart City planners can use the rich data to drive future infrastructure decisions.

This is where Intetics’ data science approach comes in. We’d like to present you with three cases, in which Intetics created ML-powered parking solutions.

Case 1: Parking Spot Detection via Parking Sensors

In this case, the customer wanted to know how many parking spots (and which ones) would be free/occupied 14 days in advance. Intetics analyzed a couple of months’ worth of data from the client’s parking sensors, using it to build a basic prediction model. In order to improve the model’s accuracy, Intetics added external factors like the weather, a calendar of holidays, parking location, etc.

As an output, the client received a convenient web application, in which users can track predicted parking occupancy – for each slot and in general – for the day.

Case 2: Parking Spot Detection via IP Camera

In a similar case, a client wanted to know which parking spots would be free/occupied 14 days in advance; but in this case, the integrated sensor solution was too expensive and time-consuming. So, instead, Intetics worked with the client’s existing hardware, a security IP camera.

The customer received a module with real-time occupancy tracking, which gathered enough data for model training. Then, Intetics used the results to develop a pipeline for occupancy prediction.

Case 3: Model Development for Automatic Recognition of Parking Signs

In this case, a client required an ML pipeline to detect available locations for on-street parking, based on the parking sign’s location, and recognize its restrictions and time limits. The solution needed to have at least 90% accuracy, and it should be able to recognize text on unstandardized parking signs. 

Intetics’ main objective was to create an ML model and wrap it into a stand-alone web service for automating the collection and entry of parking data. In turn, that service needed to be integrated within a customer analytics platform. 

When building the solution, Intetics used semi-automatic data labeling. As it is much faster than manual data labeling, Intetics was able to reduce time spent by 70%. Then, the data was used to train a Machine Learning model – which led to 90% recognition accuracy. 

All of the ML and data processing algorithms were implemented into a single web app, providing the client with automated on-street parking locations detection and a significantly reduced workload.  

The Science Behind the Solutions

Predictive modeling is a statistical technique used to predict future behavior. Data-mining solutions analyze current and historical data, thus generating a model that can predict possible outcomes with the high level of certainty. The components necessary for an advanced predictive parking system include: a sensor, gateway hardware, a server/cloud backbone, and a mobile application

In this manner, data is collected (using sensors or IP camera), a statistical model is formed (parking patterns), predictions are made (free/occupied spots 14 days in advance), and the model is revised or validated as additional data comes in (holidays, weather, etc.).

The Scope of Predictive Parking

Urban mobility is an essential component of smart cities. Due to the rapidly increasing number of vehicles, metropolitan traffic congestion is growing worse – in fact, drivers that are searching for parking spaces contribute to traffic congestion by up to 30%. The spots are available, but finding them is the hard part.

By cutting down on the average time spent seeking a parking space, drivers will be able to reduce direct and indirect costs of looking for a spot. In the US, motorists waste an average of $345 in fuel and lost time per year, all from searching for a place to park. In the UK, the search for parking rises to 733 GBP ($1,013.30). And in Germany, motorists waste 896 EUR ($1,056.16) per year. This could all be dramatically reduced with the use of a predictive parking app.

Beyond that, there is also the environmental impact to consider. Spending more time looking for parking increases the emissions of cars. According to a study from the University of California, within a 15-block district in LA, drivers spend a combined 950,000 miles per year looking for parking spots. That is equivalent to 730 tons of carbon dioxide and 47,000 gallons of wasted gasoline.

So, for the good of the planet – and our wallets – it is necessary to predict which spots are open and where the lots are located. While clients might develop apps for individual parking garages or lot systems, city planning committees could very well decide to commission an app to reduce city-wide parking system complexity. And it makes sense; cities are becoming smarter in many areas: street lights, education, healthcare, homes, and energy are all connected to the IoT. Why not parking? As predictive parking apps become more commonplace, hopefully, circling the block looking for a spot will become a thing of the past.

The post No Parking? No Problem! Intetics Creates a Predictive Modeling Solution to Alleviate Parking Congestion appeared first on Intetics.