Adjusting to studying online is no easy task, especially if you’re used to a traditional classroom setting. But once you find your rhythm, you’ll realize that no traditional classroom can match the flexibility, convenience, and accessibility of online learning.
To help ease your success, Rosario Maccarrone, the Head of Student Services at the Open Institute of Technology, has compiled a detailed list of dos and don’ts of studying online. Stick to these guidelines, and you’ll excel at your studies as a full-time student or a working professional.
The Dos and Don’ts of Studying Online for Full-Time Students
Let’s say you’ve decided to commit to full-time online studies. Here’s what Rosario suggests for academic success.
The Dos
1. Find a Study Rhythm That Works for You
The best thing about studying online is that no one’s around to dictate your study schedule. It’s up to you to set your own learning pace and study hours. Find a steady study rhythm that aligns with your preferences, and your productivity will never falter.
2. Make a Schedule
Don’t get it twisted – a lack of a fixed class schedule doesn’t mean you should go without a schedule entirely. Keeping a schedule will help you stay organized, focused, and on track with your studies, which can be challenging when no one guides your daily routine. Your schedule should allocate time for classes (OPIT offers one live class per week for each course), revising, and, of course, taking it easy.
3. Keep a To-Do List
Just like a schedule, a to-do list can help you always stay on top of your game. Make it digital, and you can easily update it as you study or complete tasks on your computer.
4. Don’t Be Shy to Ask Questions
It’s perfectly OK to struggle with some parts of your online courses. However, it’s not OK to keep this to yourself out of shame or fear and struggle in silence. Your professors and tutors are there for you to guide you every step of the way. Remember this, and you’ll have no trouble asking questions when things get tricky.
5. Use All the Online Resources Your Program Offers
Just like your professors are there for you, so are the abundant online resources your university offers. Do a little research to get familiar with these resources and then make the most of them.
6. Collaborate With Your Classmates
You might not be able to see your peers in person, but you can—and should—communicate with them in a myriad of ways. Rosario suggests participating in chats during live sessions and taking advantage of every chance for group work. This will help you build a solid online community and nail your studies.
7. Join in on Online Campus Events
Studying is never just about learning. It’s also about meeting new people, making friends, and building a network. Online studying is no different; you’ll just do all of these incredible things online. So, make sure to keep up with your university’s virtual campus events and attend them to keep your studies (and life) more interesting.
8. Make a Study Spot
Let’s not sugarcoat it – learning from home often comes with a bunch of distractions. From your family talking in the background to the allure of your comfy bed, distractions are plenty. By making a designated study spot somewhere quiet, you’ll rid your study environment of disruptions and signal to your brain that it’s time to get down to work.
9. Take Care of Your Health
Taking care of your health is essential for excelling in all areas of life, and (online) studying is no different. So, remember to eat well, exercise, and get enough sleep to stay sharp. Exercising (or just moving continuously) is especially important given the nature of online studies.
The Don’ts
1. Procrastinate
Telling you not to procrastinate when studying is by no means revolutionary advice. However, avoiding procrastination can be extra challenging when studying online, given the lack of immediate supervision.
But putting off practice and leaving studying to the last second can only increase your anxiety levels and lead to lower grades (none of which will help you have a successful online studying experience).
2. Underestimate the Effort Online Classes Need
Some students operate under the assumption that online classes are less demanding than traditional ones. However, this couldn’t be further from the truth. Treating online classes with the same seriousness as in-person ones is the only way to succeed in your virtual academic journey.
3. Cut Yourself Off From Classmates and Professors
Online studying can feel rather isolating. That is – only if you let it. Online universities like OPIT offer numerous ways to stay in touch with your classmates and professors (e.g., Slack, Canvas discussions, and WhatsApp groups), and that’s precisely what you should do.
4. Hold Back From Asking for Help
This guide has already covered the importance of asking your professors questions. But if you feel stuck, don’t limit yourself to professors only. At OPIT, you can also ask your class coordinator or a tutor for help with anything course-related.
5. Neglect Taking Time Out for Yourself
Some students underestimate the effort necessary for online classes. At the same time, others go all out when presented with the seemingly endless possibilities of online learning. If you fall under the second category, don’t forget to take time out for yourself. This is as important as studying efficiently, as it allows you to prevent burnout.
6. Ignore Your Mental Health
Your mental health is just as important as your physical well-being. If you struggle emotionally, you should never ignore it. Your friends, family, or your university’s counseling services can help you find the best way forward. But first, you need to ask for help.
7. Miss Out on Making Connections With Peers
The beauty of online studying is the opportunity to meet new people from all over the world. OPIT alone has students from over 40 countries worldwide. Connect with them, and you’ll broaden your perspective while potentially forming meaningful connections.
Of course, you should also enjoy face-to-face interactions whenever possible.
The Dos and Don’ts of Studying Online for Working Students
Thanks to online studies, it’s never too late to go back to school. You can do so even after working for a few years, as this format allows you to pursue a new career path or enhance your skills while still earning an income.
Of course, you can also choose to work and study at the same time immediately after graduating from high school.
Whatever the case, here’s what Rosario suggests doing (and not doing).
The Dos
1. Balance Your Work and Study Time
When you have both work and studies, you must allocate your time wisely. Creating a realistic schedule that you can keep up with daily is step one.
2. Talk to Your Boss About Supporting Your Study Goals
Most bosses are highly supportive of their employees’ professional development. After all, your personal growth can only positively reflect on your company. So, don’t be afraid to talk to your boss about your studies.
With some luck, you’ll be able to schedule shifts around your classes, take days off for studying (or taking exams), and even study at work during downtime.
3. Strive for Flexibility at Work
If there’s one thing the COVID-19 pandemic has taught us, it’s that most jobs can be done from home (and done successfully). So, if possible, switch to working from home, as this will save you a lot of time. Just think of it this way – no more getting ready and commuting to and from work.
4. Connect With Colleagues in Similar Situations
Balancing work and studies can sometimes feel overwhelming. Connect with colleagues who are also going through the same thing (or did in the past), and you’ll get all the encouragement you need to keep pushing forward.
5. Grab Chances to Build Skills for Work and School
Let’s face it – most people study to be able to find a decent job. If you’re already working in your desired field – perfect! Seize every chance to apply your practical skills in your studies. Even if you aren’t currently working in your desired field, there are always skills you can learn to benefit your studies and current (and future) career.
6. Set Realistic Study Goals
Doing (or trying to do) too much can bring you no good. So, set realistic study goals that align with your work life. For instance, studying for three hours a day will be a Herculean task when working overtime but a breeze on your day off.
7. Talk to Your Professors
Just like you should let your boss know you’re studying, you should also inform your professors that you’re working. This way, they might be able to make some accommodations for you if your work is squeezing your study time.
8. Keep Your Study Area Separate
Let’s say you work from home. If so, make sure you have separate “work” and “study” areas. This will help you maintain a clear boundary between your professional and academic responsibilities.
9. Find Ways to Manage Stress
Juggling work and studying can be rather stressful. Finding a way (or ways) to manage this stress is critical to successfully keeping up with both responsibilities. Meditating, exercising, taking a walk, spending more time with friends, or taking up a hobby are just some of the methods that might work for you.
Taking regular breaks is also an excellent way to manage stress as well as remain focused on your work or studies.
The Don’ts
1. Let School Stress Affect Your Work Performance
If you’re already working in your dream field, remember that studying is only there to enhance your skills and knowledge. In other words, don’t let academic stress affect your work performance, as this can only jeopardize your future in your dream career. It’s all about prioritizing correctly.
2. Sacrifice Sleep or Good Health Habits
Juggling work and studies is no excuse to fall into bad health habits, including sacrificing sleep. Not only will this affect you physically and mentally, but it will also affect your performance in both fields. Talk about a lose-lose scenario!
3. Be Afraid to Ask for Help
Your support network is all you need to navigate any challenge effortlessly. And with both working and studies, you know you’ll have no shortage of those. So, don’t be afraid to ask for help from the people around you, whether to simply listen to you vent or help with a specific task.
4. Let Your Studies Take Over Your Personal Time
For most people, off time is a chance to rest and recharge. However, for students, a part of this time must be dedicated to studying. But the key word here is “part.” Don’t let your studies consume all of your personal time, as this is a one-way ticket to burnout.
5. Miss Out on Networking in Your Field
If there’s one piece of advice every university (online or offline) will give you, it is network, network, network. If you’re already working in your field, you’re in a unique position to do this even before completing your studies. So, take every chance to meet new people and open up new doors for your career.
6. Neglect Seeking Mutual Work-Study Benefits
Your job and studies can likely benefit each other in more ways than one. By neglecting to explore these avenues, you might miss out on valuable opportunities.
For instance, let’s say you’re getting your Bachelor’s degree in Digital Business from OPIT and working in social media management. Modules like “Digital Marketing” and “Digital Platforms and Ecosystems” could directly contribute to your role (and a promotion). At the same time, your practical experience will help you breeze through most of the course material.
This is just one of the ways your studies can open new doors at your work.
7. Overcommit Socially
Your time is precious. As much as it’s important not to use it solely for work and studying, it’s also crucial to not overcommit socially. Talk to your friends and family (especially those with no similar experiences) and set realistic expectations about your availability. Prioritize quality over quantity in your social interactions, and you’ll never feel like you’re missing out.
The Biggest Do: Study at OPIT
As you’ll learn from this list, everyone at OPIT knows what our students need to succeed on and off campus. And everyone at OPIT, from Rosario to your professors, is more than eager to support you in this journey. Apply to study at OPIT and experience what quality studies, academic assistance, and career guidance can do for you firsthand.
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From the same author
Read the articleSource:
- The Yuan, Published on October 25th, 2024.
By Zorina Alliata
ALEXANDRIA, VIRGINIA – In recent years, artificial intelligence (AI) has grown and developed into something much bigger than most people could have ever expected. Jokes about robots living among humans no longer seem so harmless, and the average person began to develop a new awareness of AI and all its uses. Unfortunately, however – as is often a human tendency – people became hyper-fixated on the negative aspects of AI, often forgetting about all the good it can do. One should therefore take a step back and remember that humanity is still only in the very early stages of developing real intelligence outside of the human brain, and so at this point AI is almost like a small child that humans are raising.
AI is still developing, growing, and adapting, and like any new tech it has its drawbacks. At one point, people had fears and doubts about electricity, calculators, and mobile phones – but now these have become ubiquitous aspects of everyday life, and it is not difficult to imagine a future in which this is the case for AI as well.
The development of AI certainly comes with relevant and real concerns that must be addressed – such as its controversial role in education, the potential job losses it might lead to, and its bias and inaccuracies. For every fear, however, there is also a ray of hope, and that is largely thanks to people and their ingenuity.
Looking at education, many educators around the world are worried about recent developments in AI. The frequently discussed ChatGPT – which is now on its fourth version – is a major red flag for many, causing concerns around plagiarism and creating fears that it will lead to the end of writing as people know it. This is one of the main factors that has increased the pessimistic reporting about AI that one so often sees in the media.
However, when one actually considers ChatGPT in its current state, it is safe to say that these fears are probably overblown. Can ChatGPT really replace the human mind, which is capable of so much that AI cannot replicate? As for educators, instead of assuming that all their students will want to cheat, they should instead consider the options for taking advantage of new tech to enhance the learning experience. Most people now know the tell-tale signs for identifying something that ChatGPT has written. Excessive use of numbered lists, repetitive language and poor comparison skills are just three ways to tell if a piece of writing is legitimate or if a bot is behind it. This author personally encourages the use of AI in the classes I teach. This is because it is better for students to understand what AI can do and how to use it as a tool in their learning instead of avoiding and fearing it, or being discouraged from using it no matter the circumstances.
Educators should therefore reframe the idea of ChatGPT in their minds, have open discussions with students about its uses, and help them understand that it is actually just another tool to help them learn more efficiently – and not a replacement for their own thoughts and words. Such frank discussions help students develop their critical thinking skills and start understanding their own influence on ChatGPT and other AI-powered tools.
By developing one’s understanding of AI’s actual capabilities, one can begin to understand its uses in everyday life. Some would have people believe that this means countless jobs will inevitably become obsolete, but that is not entirely true. Even if AI does replace some jobs, it will still need industry experts to guide it, meaning that entirely new jobs are being created at the same time as some older jobs are disappearing.
Adapting to AI is a new challenge for most industries, and it is certainly daunting at times. The reality, however, is that AI is not here to steal people’s jobs. If anything, it will change the nature of some jobs and may even improve them by making human workers more efficient and productive. If AI is to be a truly useful tool, it will still need humans. One should remember that humans working alongside AI and using it as a tool is key, because in most cases AI cannot do the job of a person by itself.
Is AI biased?
Why should one view AI as a tool and not a replacement? The main reason is because AI itself is still learning, and AI-powered tools such as ChatGPT do not understand bias. As a result, whenever ChatGPT is asked a question it will pull information from anywhere, and so it can easily repeat old biases. AI is learning from previous data, much of which is biased or out of date. Data about home ownership and mortgages, e.g., are often biased because non-white people in the United States could not get a mortgage until after the 1960s. The effect on data due to this lending discrimination is only now being fully understood.
AI is certainly biased at times, but that stems from human bias. Again, this just reinforces the need for humans to be in control of AI. AI is like a young child in that it is still absorbing what is happening around it. People must therefore not fear it, but instead guide it in the right direction.
For AI to be used as a tool, it must be treated as such. If one wanted to build a house, one would not expect one’s tools to be able to do the job alone – and AI must be viewed through a similar lens. By acknowledging this aspect of AI and taking control of humans’ role in its development, the world would be better placed to reap the benefits and quash the fears associated with AI. One should therefore not assume that all the doom and gloom one reads about AI is exactly as it seems. Instead, people should try experimenting with it and learning from it, and maybe soon they will realize that it was the best thing that could have happened to humanity.
Read the full article below:
Read the articleSource:
- The European Business Review, Published on October 27th, 2024.
By Lokesh Vij
Lokesh Vij is a Professor of BSc in Modern Computer Science & MSc in Applied Data Science & AI at Open Institute of Technology. With over 20 years of experience in cloud computing infrastructure, cybersecurity and cloud development, Professor Vij is an expert in all things related to data and modern computer science.
In today’s rapidly evolving technological landscape, the fields of blockchain and cloud computing are transforming industries, from finance to healthcare, and creating new opportunities for innovation. Integrating these technologies into education is not merely a trend but a necessity to equip students with the skills they need to thrive in the future workforce. Though both technologies are independently powerful, their potential for innovation and disruption is amplified when combined. This article explores the pressing questions surrounding the inclusion of blockchain and cloud computing in education, providing a comprehensive overview of their significance, benefits, and challenges.
The Technological Edge and Future Outlook
Cloud computing has revolutionized how businesses and individuals’ access and manage data and applications. Benefits like scalability, cost efficiency (including eliminating capital expenditure – CapEx), rapid innovation, and experimentation enable businesses to develop and deploy new applications and services quickly without the constraints of traditional on-premises infrastructure – thanks to managed services where cloud providers manage the operating system, runtime, and middleware, allowing businesses to focus on development and innovation. According to Statista, the cloud computing market is projected to reach a significant size of Euro 250 billion or even higher by 2028 (from Euro 110 billion in 2024), with a substantial Compound Annual Growth Rate (CAGR) of 22.78%. The widespread adoption of cloud computing by businesses of all sizes, coupled with the increasing demand for cloud-based services and applications, fuels the need for cloud computing professionals.
Blockchain, a distributed ledger technology, has paved the way by providing a secure, transparent, and tamper-proof way to record transactions (highly resistant to hacking and fraud). In 2021, European blockchain startups raised $1.5 billion in funding, indicating strong interest and growth potential. Reports suggest the European blockchain market could reach $39 billion by 2026, with a significant CAGR of over 47%. This growth is fueled by increasing adoption in sectors like finance, supply chain, and healthcare.
Addressing the Skills Gap
Reports from the World Economic Forum indicate that 85 million jobs may be displaced by a shift in the division of labor between humans and machines by 2025. However, 97 million new roles may emerge that are more adapted to the new division of labor between humans, machines, and algorithms, many of which will require proficiency in cloud computing and blockchain.
Furthermore, the World Economic Forum predicts that by 2027, 10% of the global GDP will be tokenized and stored on the blockchain. This massive shift means a surge in demand for blockchain professionals across various industries. Consider the implications of 10% of the global GDP being on the blockchain: it translates to a massive need for people who can build, secure, and manage these systems. We’re talking about potentially millions of jobs worldwide.
The European Blockchain Services Infrastructure (EBSI), an EU initiative, aims to deploy cross-border blockchain services across Europe, focusing on areas like digital identity, trusted data sharing, and diploma management. The EU’s MiCA (Crypto-Asset Regulation) regulation, expected to be fully implemented by 2025, will provide a clear legal framework for crypto-assets, fostering innovation and investment in the blockchain space. The projected growth and supportive regulatory environment point to a rising demand for blockchain professionals in Europe. Developing skills related to EBSI and its applications could be highly advantageous, given its potential impact on public sector blockchain adoption. Understanding the MiCA regulation will be crucial for blockchain roles related to crypto-assets and decentralized finance (DeFi).
Furthermore, European businesses are rapidly adopting digital technologies, with cloud computing as a core component of this transformation. GDPR (Data Protection Regulations) and other data protection laws push businesses to adopt secure and compliant cloud solutions. Many European countries invest heavily in cloud infrastructure and promote cloud adoption across various sectors. Artificial intelligence and machine learning will be deeply integrated into cloud platforms, enabling smarter automation, advanced analytics, and more efficient operations. This allows developers to focus on building applications without managing servers, leading to faster development cycles and increased scalability. Processing data closer to the source (like on devices or local servers) will become crucial for applications requiring real-time responses, such as IoT and autonomous vehicles.
The projected growth indicates a strong and continuous demand for blockchain and cloud professionals in Europe and worldwide. As we stand at the “crossroads of infinity,” there is a significant skill shortage, which will likely increase with the rapid adoption of these technologies. A 2023 study by SoftwareOne found that 95% of businesses globally face a cloud skills gap. Specific skills in high demand include cloud security, cloud-native development, and expertise in leading cloud platforms like AWS, Azure, and Google Cloud. The European Commission’s Digital Economy and Society Index (DESI) highlights a need for improved digital skills in areas like blockchain to support the EU’s digital transformation goals. A 2023 report by CasperLabs found that 90% of businesses in the US, UK, and China adopt blockchain, but knowledge gaps and interoperability challenges persist.
The Role of Educational Institutions
This surge in demand necessitates a corresponding increase in qualified individuals who can design, implement, and manage cloud-based and blockchain solutions. Educational institutions have a critical role to play in bridging this widening skills gap and ensuring a pipeline of talent ready to meet the demands of this burgeoning industry.
To effectively prepare the next generation of cloud computing and blockchain experts, educational institutions need to adopt a multi-pronged approach. This includes enhancing curricula with specialized programs, integrating cloud and blockchain concepts into existing courses, and providing hands-on experience with leading technology platforms.
Furthermore, investing in faculty development to ensure they possess up-to-date knowledge and expertise is crucial. Collaboration with industry partners through internships, co-teach programs, joint research projects, and mentorship programs can provide students with invaluable real-world experience and insights.
Beyond formal education, fostering a culture of lifelong learning is essential. Offering continuing education courses, boot camps, and online resources enables professionals to upskill or reskill and stay abreast of the latest advancements in cloud computing. Actively promoting awareness of career paths and opportunities in this field and facilitating connections with potential employers can empower students to thrive in the dynamic and evolving landscape of cloud computing and blockchain technologies.
By taking these steps, educational institutions can effectively prepare the young generation to fill the skills gap and thrive in the rapidly evolving world of cloud computing and blockchain.
Read the full article below:
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Related posts
Source:
- The Yuan, Published on October 25th, 2024.
By Zorina Alliata
Artificial intelligence is a classic example of a mismatch between perceptions and reality, as people tend to overlook its positive aspects and fear it far more than what is warranted by its actual capabilities, argues AI strategist and professor Zorina Alliata.
ALEXANDRIA, VIRGINIA – In recent years, artificial intelligence (AI) has grown and developed into something much bigger than most people could have ever expected. Jokes about robots living among humans no longer seem so harmless, and the average person began to develop a new awareness of AI and all its uses. Unfortunately, however – as is often a human tendency – people became hyper-fixated on the negative aspects of AI, often forgetting about all the good it can do. One should therefore take a step back and remember that humanity is still only in the very early stages of developing real intelligence outside of the human brain, and so at this point AI is almost like a small child that humans are raising.
AI is still developing, growing, and adapting, and like any new tech it has its drawbacks. At one point, people had fears and doubts about electricity, calculators, and mobile phones – but now these have become ubiquitous aspects of everyday life, and it is not difficult to imagine a future in which this is the case for AI as well.
The development of AI certainly comes with relevant and real concerns that must be addressed – such as its controversial role in education, the potential job losses it might lead to, and its bias and inaccuracies. For every fear, however, there is also a ray of hope, and that is largely thanks to people and their ingenuity.
Looking at education, many educators around the world are worried about recent developments in AI. The frequently discussed ChatGPT – which is now on its fourth version – is a major red flag for many, causing concerns around plagiarism and creating fears that it will lead to the end of writing as people know it. This is one of the main factors that has increased the pessimistic reporting about AI that one so often sees in the media.
However, when one actually considers ChatGPT in its current state, it is safe to say that these fears are probably overblown. Can ChatGPT really replace the human mind, which is capable of so much that AI cannot replicate? As for educators, instead of assuming that all their students will want to cheat, they should instead consider the options for taking advantage of new tech to enhance the learning experience. Most people now know the tell-tale signs for identifying something that ChatGPT has written. Excessive use of numbered lists, repetitive language and poor comparison skills are just three ways to tell if a piece of writing is legitimate or if a bot is behind it. This author personally encourages the use of AI in the classes I teach. This is because it is better for students to understand what AI can do and how to use it as a tool in their learning instead of avoiding and fearing it, or being discouraged from using it no matter the circumstances.
Educators should therefore reframe the idea of ChatGPT in their minds, have open discussions with students about its uses, and help them understand that it is actually just another tool to help them learn more efficiently – and not a replacement for their own thoughts and words. Such frank discussions help students develop their critical thinking skills and start understanding their own influence on ChatGPT and other AI-powered tools.
By developing one’s understanding of AI’s actual capabilities, one can begin to understand its uses in everyday life. Some would have people believe that this means countless jobs will inevitably become obsolete, but that is not entirely true. Even if AI does replace some jobs, it will still need industry experts to guide it, meaning that entirely new jobs are being created at the same time as some older jobs are disappearing.
Adapting to AI is a new challenge for most industries, and it is certainly daunting at times. The reality, however, is that AI is not here to steal people’s jobs. If anything, it will change the nature of some jobs and may even improve them by making human workers more efficient and productive. If AI is to be a truly useful tool, it will still need humans. One should remember that humans working alongside AI and using it as a tool is key, because in most cases AI cannot do the job of a person by itself.
Is AI biased?
Why should one view AI as a tool and not a replacement? The main reason is because AI itself is still learning, and AI-powered tools such as ChatGPT do not understand bias. As a result, whenever ChatGPT is asked a question it will pull information from anywhere, and so it can easily repeat old biases. AI is learning from previous data, much of which is biased or out of date. Data about home ownership and mortgages, e.g., are often biased because non-white people in the United States could not get a mortgage until after the 1960s. The effect on data due to this lending discrimination is only now being fully understood.
AI is certainly biased at times, but that stems from human bias. Again, this just reinforces the need for humans to be in control of AI. AI is like a young child in that it is still absorbing what is happening around it. People must therefore not fear it, but instead guide it in the right direction.
For AI to be used as a tool, it must be treated as such. If one wanted to build a house, one would not expect one’s tools to be able to do the job alone – and AI must be viewed through a similar lens. By acknowledging this aspect of AI and taking control of humans’ role in its development, the world would be better placed to reap the benefits and quash the fears associated with AI. One should therefore not assume that all the doom and gloom one reads about AI is exactly as it seems. Instead, people should try experimenting with it and learning from it, and maybe soon they will realize that it was the best thing that could have happened to humanity.
Read the full article below:
Source:
- The European Business Review, Published on October 27th, 2024.
By Lokesh Vij
Lokesh Vij is a Professor of BSc in Modern Computer Science & MSc in Applied Data Science & AI at Open Institute of Technology. With over 20 years of experience in cloud computing infrastructure, cybersecurity and cloud development, Professor Vij is an expert in all things related to data and modern computer science.
In today’s rapidly evolving technological landscape, the fields of blockchain and cloud computing are transforming industries, from finance to healthcare, and creating new opportunities for innovation. Integrating these technologies into education is not merely a trend but a necessity to equip students with the skills they need to thrive in the future workforce. Though both technologies are independently powerful, their potential for innovation and disruption is amplified when combined. This article explores the pressing questions surrounding the inclusion of blockchain and cloud computing in education, providing a comprehensive overview of their significance, benefits, and challenges.
The Technological Edge and Future Outlook
Cloud computing has revolutionized how businesses and individuals’ access and manage data and applications. Benefits like scalability, cost efficiency (including eliminating capital expenditure – CapEx), rapid innovation, and experimentation enable businesses to develop and deploy new applications and services quickly without the constraints of traditional on-premises infrastructure – thanks to managed services where cloud providers manage the operating system, runtime, and middleware, allowing businesses to focus on development and innovation. According to Statista, the cloud computing market is projected to reach a significant size of Euro 250 billion or even higher by 2028 (from Euro 110 billion in 2024), with a substantial Compound Annual Growth Rate (CAGR) of 22.78%. The widespread adoption of cloud computing by businesses of all sizes, coupled with the increasing demand for cloud-based services and applications, fuels the need for cloud computing professionals.
Blockchain, a distributed ledger technology, has paved the way by providing a secure, transparent, and tamper-proof way to record transactions (highly resistant to hacking and fraud). In 2021, European blockchain startups raised $1.5 billion in funding, indicating strong interest and growth potential. Reports suggest the European blockchain market could reach $39 billion by 2026, with a significant CAGR of over 47%. This growth is fueled by increasing adoption in sectors like finance, supply chain, and healthcare.
Addressing the Skills Gap
Reports from the World Economic Forum indicate that 85 million jobs may be displaced by a shift in the division of labor between humans and machines by 2025. However, 97 million new roles may emerge that are more adapted to the new division of labor between humans, machines, and algorithms, many of which will require proficiency in cloud computing and blockchain.
Furthermore, the World Economic Forum predicts that by 2027, 10% of the global GDP will be tokenized and stored on the blockchain. This massive shift means a surge in demand for blockchain professionals across various industries. Consider the implications of 10% of the global GDP being on the blockchain: it translates to a massive need for people who can build, secure, and manage these systems. We’re talking about potentially millions of jobs worldwide.
The European Blockchain Services Infrastructure (EBSI), an EU initiative, aims to deploy cross-border blockchain services across Europe, focusing on areas like digital identity, trusted data sharing, and diploma management. The EU’s MiCA (Crypto-Asset Regulation) regulation, expected to be fully implemented by 2025, will provide a clear legal framework for crypto-assets, fostering innovation and investment in the blockchain space. The projected growth and supportive regulatory environment point to a rising demand for blockchain professionals in Europe. Developing skills related to EBSI and its applications could be highly advantageous, given its potential impact on public sector blockchain adoption. Understanding the MiCA regulation will be crucial for blockchain roles related to crypto-assets and decentralized finance (DeFi).
Furthermore, European businesses are rapidly adopting digital technologies, with cloud computing as a core component of this transformation. GDPR (Data Protection Regulations) and other data protection laws push businesses to adopt secure and compliant cloud solutions. Many European countries invest heavily in cloud infrastructure and promote cloud adoption across various sectors. Artificial intelligence and machine learning will be deeply integrated into cloud platforms, enabling smarter automation, advanced analytics, and more efficient operations. This allows developers to focus on building applications without managing servers, leading to faster development cycles and increased scalability. Processing data closer to the source (like on devices or local servers) will become crucial for applications requiring real-time responses, such as IoT and autonomous vehicles.
The projected growth indicates a strong and continuous demand for blockchain and cloud professionals in Europe and worldwide. As we stand at the “crossroads of infinity,” there is a significant skill shortage, which will likely increase with the rapid adoption of these technologies. A 2023 study by SoftwareOne found that 95% of businesses globally face a cloud skills gap. Specific skills in high demand include cloud security, cloud-native development, and expertise in leading cloud platforms like AWS, Azure, and Google Cloud. The European Commission’s Digital Economy and Society Index (DESI) highlights a need for improved digital skills in areas like blockchain to support the EU’s digital transformation goals. A 2023 report by CasperLabs found that 90% of businesses in the US, UK, and China adopt blockchain, but knowledge gaps and interoperability challenges persist.
The Role of Educational Institutions
This surge in demand necessitates a corresponding increase in qualified individuals who can design, implement, and manage cloud-based and blockchain solutions. Educational institutions have a critical role to play in bridging this widening skills gap and ensuring a pipeline of talent ready to meet the demands of this burgeoning industry.
To effectively prepare the next generation of cloud computing and blockchain experts, educational institutions need to adopt a multi-pronged approach. This includes enhancing curricula with specialized programs, integrating cloud and blockchain concepts into existing courses, and providing hands-on experience with leading technology platforms.
Furthermore, investing in faculty development to ensure they possess up-to-date knowledge and expertise is crucial. Collaboration with industry partners through internships, co-teach programs, joint research projects, and mentorship programs can provide students with invaluable real-world experience and insights.
Beyond formal education, fostering a culture of lifelong learning is essential. Offering continuing education courses, boot camps, and online resources enables professionals to upskill or reskill and stay abreast of the latest advancements in cloud computing. Actively promoting awareness of career paths and opportunities in this field and facilitating connections with potential employers can empower students to thrive in the dynamic and evolving landscape of cloud computing and blockchain technologies.
By taking these steps, educational institutions can effectively prepare the young generation to fill the skills gap and thrive in the rapidly evolving world of cloud computing and blockchain.
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