01/07/2020

Udacity Shapes Tomorrow's Workforce

Udacity's training and retraining programs prepare workers worldwide for the new demands of a changing world of work. The online university, whose key strategic investors include the Bertelsmann Education Group, also connects graduates with potential employers.

The world of work is undergoing rapid change: More and more tasks can now be performed by machines, and going forward there will be no getting around technological change. Even if technological innovations are far from being a complete substitute for human work, they do bring with them new requirements. Continued training and learning haven't kept pace with the rapid pace of technological change to date, and many workers are in danger of falling behind. There is a risk that global unemployment will rise from 6 percent to around 25 percent by 2050 as a result. Qualifying the workforce and achieving full employment worldwide are therefore two of the United Nations’ 17 sustainable development goals (SDGs). For social and economic reasons, SDGs 4 and 8 aim at providing forward-looking education for people, something Udacity facilitates with its advanced training and retraining programs.

Fit for the future with Udacity courses

Udacity offers companies and private individuals support with their continued training and retraining in future-oriented fields of work. By focusing on data science, machine learning, virtual reality, autonomous driving, robotics, and artificial intelligence, Udacity responds to and accommodates technological transformation. In its collaboration with more than 100 global companies, the education provider's mission is to keep adapting its course offerings to the changing needs of the employment market. For example, the compa-ny teamed up with the driving service Lyft for a scholarship program in which 400 scholarships were awarded for a course leading to the "Udacity Self-Driving Car Nanodegree."

Dream jobs for some people, dream employees for others

The "Udacity Talent Program” connects Nanodegree graduates with employers on the look-out for talent. The database works with artificial intelligence that matches the employers' requirements with the graduates' qualifications. All former Udacity students who have acquired a Nanodegree in the past six months can make their CVs available to potential employers. Udacity promises companies that they will find what they're looking for in the database even in such highly specialized fields as artificial intelligence, data science, and autonomous systems.

Bertelsmann supports the United Nations Sustainable Development Goals

With the 2030 Agenda adopted in 2015, the international community under the auspices of the United Nations committed itself to 17 global goals for a better future. The guiding principle of the 2030 Agenda is to enable a life in dignity for humans world-wide and at the same time to lastingly preserve the natural foundations of life. This includes economic, social, and ecological aspects. The 2030 Agenda underlines the shared responsibility of all stakeholders: politics, business, science, civil society – and every individual. As a member of the UN Global Compact, Bertelsmann supports the 2030 Agenda. Click here  to find out how.