Critical.
Authoritative.
Strategic.
Subscribe to CIO Magazine »

Big data helps drive math Ph.Ds to IBM

A broader range of companies seeking people with math skills

Big data , and the need to analyze data that's collected from every interface and sensor imaginable, is increasing the demand for people with statistical and mathematics backgrounds.

The range of companies hiring people with mathematical skills of some type is on the rise, and it is a trend that prompted a top IBM official this week to boast about its hiring.

"We are the largest employer of Ph.D mathematicians of any company in the world," said Steve Mills, senior vice president at IBM and group executive for software and hardware.

Mills was speaking at the Goldman Sachs Technology and Internet Conference on Wednesday about big data and some other IT trends, but mostly he was talking about the need to create information of value out of the torrent of big data.

Whether IBM is truly the largest private employer of Ph.Ds is not something that Richard Cleary, a professor of mathematics at Bentley University in Waltham, Mass., can easily verify. He's an author of the annual survey of Mathematical Sciences in the U.S., which looks at the employment status of mathematics graduates. It is a project undertaken by four mathematical groups, including the American Mathematical Society.

But Cleary said "the demand for big data has certainly made a huge difference," in interest for people with mathematical skills, particularly for those who have a background in statistics.

At the investors conference, Mills explained how IBM's investment in real-time data analytics works. It begins with a proof of concept to show certain patterns in maintenance work at a power utility, for instance, and how changes in preventative maintenance could deliver a return on investment in months.

But proofs of concept can take months, and in one instance, with an oil company, it took two years. "Two years of persistence," said Mills, "and we are now doing 44 oil platforms in the North Sea as a result of proving that we could do it on one."

Mills said if IBM can do analytics for a power grid, it can also do them for a water supply company and transportation system. They all intersect, he said, "We build a knowledge base one on top another."

IBM is investing in areas such as astrophysics, weather forecasting and genomics "because of the intersections and overlaps with our core business," Mills said.

"In many cases it is the same math, it's not like someone has invented new fields of mathematics," he said.

At one time, the major employers of mathematicians were insurance and pharmaceutical companies, Cleary said. But there is a growing range of companies that are hiring people with mathematical training, including marketing firms and companies that use CRM tools.

"I've seen people being hired by grocery chains," Cleary said. "That didn't use to happen."

Students who are in particular demand are those who combine some quantitative skills with business, computer science and other disciplines, Cleary said.

Patrick Thibodeau covers cloud computing and enterprise applications, outsourcing, government IT policies, data centers and IT workforce issues for Computerworld. Follow Patrick on Twitter at @DCgov or subscribe to Patrick's RSS feed . His e-mail address is pthibodeau@computerworld.com .

Read more about careers in Computerworld's Careers Topic Center.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

More about: Goldman, IBM, IBM Australia, Technology, Topic
References show all

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
Users posting comments agree to the CIO comments policy.
Login or register to link comments to your user profile, or you may also post a comment without being logged in.
Related Coverage
Related Whitepapers
Latest Stories
Community Comments
Tags: applications, BI and Analytics, careers, CRM, customer relationship management, databases, goldman sachs, IBM, it management, software
Latest Blog Posts
Whitepapers
  • Optimised License Management for the Datacenter
    Optimised license management is a necessity for all licenses owned by the enterprise. While organisations are starting to understand their license position for the desktop estate, the reality is that licensing in the datacenter presents a daunting set of challenges that require a robust, automated license management solution. Learn about how to address the unique license management requirements of all enterprise IT environments including the desktop and the datacenter.
    Learn more »
  • Simplifying branch office security
    Securing your business network is more important than ever. Malware, botnets and other malicious programs threaten your network—at your central offices and your branch offices alike. Yet enforcing consistent network security throughout your enterprise can be challenging—especially for those of you with branch offices with few users and no IT expertise. This paper introduces a new standard—an innovative, unified, cost-effective solution for managing branch office security, with centralised reporting and a clear process for determining return on investment (ROI).
    Learn more »
  • Collaborative software delivery: Managing today’s complex environment to improve software quality
    IBM Rational Team Concert software can help simplify, automate and govern the delivery process. Based on the open standards Jazz platform, it offers a lean collaborative application life cycle management (ALM) solution with integrated planning, work-item tracking, version control, build management and reporting.
    Learn more »
All whitepapers
rhs_login_lockGet exclusive access to Invitation only events CIO, reports & analysis.