Houston companies need cybersecurity professionals — and universities can help. Photo via Getty Images

With an increasing number of data breaches, a high job growth rate, and a persistent skills gap, cybersecurity professionals will be some of the most in-demand workers in 2022. It’s more important than ever to have people that are properly trained to protect individuals, corporations, and communities.

Demand for cybersecurity talent in Texas is high. According to Burning Glass Labor Insights, employers in the Houston metro area have posted over 24,000 cybersecurity jobs since the beginning of 2021. But the pipeline of cybersecurity workers is very low, which means many local and national companies don’t have enough people on the front lines defending against these attacks.

Unfortunately, it looks like the cybersecurity skills gap is far from over. An annual industry report from the Information Systems Security Association shows that the global demand for cybersecurity skills still far exceeds the current supply of traditionally qualified individuals, with 38 percent of cybersecurity roles currently unfilled. This shortage has real-life, real-world consequences that can result in misconfigured systems and improper risk assessment and management.

How can companies help close the cybersecurity skills gap within their own organizations? We believe it will become increasingly important to look beyond “traditionally qualified” candidates and view hands-on experience as the same, or even more important than, the certifications or bachelor degree requirements often found in cybersecurity job descriptions.

The top open cybersecurity roles in the Houston area include analysts, managers, engineers, and developers. Employees in these positions are essential to the everyday monitoring, troubleshooting, testing and analyzing that helps companies protect data and stay one step ahead of hackers. When looking to fill these roles, hiring managers should be looking for candidates with both the knowledge and experience to take on these critical positions.

Fortunately, Houston-based companies looking to establish, grow, or upskill their cybersecurity teams don’t have to go far to find top-tier talent and training programs. More local colleges and universities are offering alternative credential programs, like boot camps, that provide students with the deep understanding and hands-on learning they need to excel in the roles that companies need to fill.

2U, Inc. and Rice University have partnered to power a data-driven, market-responsive cybersecurity boot camp that provides students with hands-on training in networking, systems, web technologies, databases, and defensive and offensive cybersecurity. Over 40 percent of the students didn’t have bachelor degrees prior to enrolling in the program. Since launching in 2019, the program has produced more than 140 graduates, some of whom have gone on to work in cybersecurity roles at local companies such as CenterPoint Energy, Fulcrum Technology Solutions, and Hewlett Packard.

Recognizing programs like university boot camps as local workforce generators not only gives companies a larger talent pool to recruit from, but also increases the opportunity for cybersecurity teams to diversify and include professionals with different experiences and backgrounds. We’re living in a security-first world, and the right mix of cybersecurity talent is essential to keeping us protected wherever we are.

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David Vassar is the assistant dean of Susanne M. Glasscock School of Continuing Studies at Rice University. Bret Fund is vice president overseeing cybersecurity programs at 2U.

The Susanne M. Glasscock School of Continuing Studies at Rice University has a new partnership with Chase that will offer professional resources. Photo via rice.edu

Rice University teams up with Chase for new small business initiative

on campus

A school at Rice University has been tapped by Chase for Business to help provide free, online courses to small businesses.

Rice's Susanne M. Glasscock School of Continuing Studies will be offering short courses as a part of a Small Business Series.

"Chase for Business is committed to our small-business partners and their ongoing success," says James Connolly, Houston market manager for Chase Business Banking, in a news release. "We're providing tools and resources that will not only help them survive our current economy, but also thrive in the months and years to come. Partnering with the Glasscock School presents a great educational opportunity from a trusted source right here in our community."

Three courses first three courses will be available to all Chase for Business clients beginning in February. The first classes are as follows:

  • Getting Results With Creative Online Marketing taught by Tim deSilva, founder and CEO of Culture Pilot.
  • Data Storytelling and Decision Making with instructors Marissa Rosenberg and Jocelyn Dunn, both from NASA's Johnson Space Center.
  • Cash Management taught by Karen A. Nielsen, Certified Treasury Professional, Enterprise Initiatives, Zions Bancorporation.

More classes are expected to come out later this spring. This initiative is the latest in the school's efforts to offer the business community resources amid the pandemic. Last year, the Glasscock School introduced its Back in Business and Back to Work initiatives, which provided low-cost workshops, courses, and consulting from professionals and educators.

"The Glasscock School's whole purpose is to provide accessible training and education of the highest quality to our community," says David Vassar, assistant dean for professional and corporate programs, in the release. "Partnering with Chase allows us to bring our mission to small-business leaders and ultimately support the rebound of Houston's economy. We're thrilled to be a part of this effort."

Trilogy Education and Rice University have joined forces for a new program. Photo courtesy of Rice University

Rice University teams up with workforce accelerator to create a first-of-its-kind fintech bootcamp

Back to school

As Rice University's campus continues to welcome back its students for a new year, the administration has big news about a new, innovative program to share.

Rice University's Glasscock School of Continuing Studies has partnered with New York-based workforce accelerator, Trilogy Education, to provide the first fintech boot camp on a college campus, according to a representative from the company.

"Technology skills are becoming foundational for many roles in the finance, energy and life science sectors," says David Vassar, assistant dean of professional and executive programs at the Glasscock School, in a news release. "We have partnered with Trilogy Education to bring to market a boot camp that prepares students to use their technical skills in a wide variety of fintech applications, from robo-advising to cryptocurrency. Whether you are already in finance or are looking for a way to transition into the industry, this program will prepare you to build a meaningful career in the fast-moving world of fintech."

Rice University FinTech Boot Camp is a 24-week program, and the inaugural class began in July. Enrollment for the next round is open from now until November 18. The program will provide students with core coding languages and technical tools that are crucial in the industry as well as pertinent technologies like machine learning and cryptocurrency. The participants will also have career-planning services and will receive a Certificate in Financial Technology from Rice.

The financial industry is booming in Houston, per the release, and companies are in competition for trained talent. Institutions like U.S. Bancorp and JPMorgan Chase have more coding positions open than Apple and Google, the release reveals, and according to data from Burning Glass, the country has added over 1.5 million fintech jobs in the past 8 years.

"The Rice University FinTech Boot Camp comes at a critical moment of need as the city of Houston transforms itself into a national hub for enterprise technology," says Robert Bruce, dean of the Glasscock School, in the release. "We've seen several fintech companies choose Houston to open new office locations and a rising demand from our longstanding industries like energy and manufacturing to transform themselves into technology and data-driven businesses."

Last year, the school launched its first boot camp in partnership with Trilogy. The Rice University Data Analytics Boot Camp has recently grown to expand to a new location in the Energy Corridor, the release states.

"Rice University's Glasscock School of Continuing Studies is playing an important role in building the digitally skilled workforce that Houston needs to support a growing innovation economy," says Dan Sommer, CEO and founder of Trilogy Education, in the release. "The Rice University FinTech Boot Camp will help working adults in Houston capitalize on the exploding demand for technology and data skills and spur additional investment in fintech throughout the region."

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Houston-based Fervo Energy bumps up IPO target to $1.82 billion

IPO update

Houston-based geothermal power company Fervo Energy is now eyeing an IPO that would raise $1.75 billion to $1.82 billion, up from the previous target of $1.33 billion.

In paperwork filed Monday, May 11 with the U.S. Securities and Exchange Commission, Fervo says it plans to sell 70 million shares of Class A common stock at $25 to $26 per share.

In addition, Fervo expects to grant underwriters 30-day options to buy up to 8.33 million additional shares of Class A common stock. This could raise nearly $200 million.

When it announced the IPO on May 4, Fervo aimed to sell 55.56 million shares at $21 to $24 per share, which would have raised $1.17 billion to $1.33 billion. The initial valuation target was $6.5 billion.

A date for the IPO hasn’t been scheduled. Fervo’s stock will be listed on Nasdaq under the ticker symbol FRVO.

Fervo, founded in 2017, has attracted about $1.5 billion in funding from investors such as Bill Gates-founded Breakthrough Energy Ventures, Google, Mitsubishi Heavy Industries, Devon Energy (which is moving its headquarters to Houston), Tesla co-founder JB Straubel, CalSTRS, Liberty Mutual Investments, AllianceBernstein, JPMorgan, Bank of America and Sumitomo Mitsui Trust Bank.

Fervo’s marquee project is Cape Station in Beaver County, Utah, the world’s largest EGS (enhanced geothermal system) project. The first phase will deliver 100 megawatts of baseload clean power, with the second phase adding another 400 megawatts. The site can accommodate 2 gigawatts of geothermal energy. Fervo holds more than 595,000 leased acres for potential expansion.

Cape Station has secured power purchase agreements for the entire 500-megawatt capacity. Customers include Houston-based Shell Energy North America and Southern California Edison.

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This article originally appeared on our sister site, EnergyCapitalHTX.com.

Texas university's new flight academy opens at Houston Spaceport

cleared for takeoff

The vehicles may not have “student driver” stickers on them, but Texas Southern University has moved a dozen planes into its new training facility at the Houston Spaceport, opening the way for student flyers to use the facility.

TSU previously reached a deal with Houston Airports and the City of Houston in 2023 to house its prospective Flight Academy at Ellington Field. At the time, TSU had a small fleet of nine planes for student use, but a $5.5 million investment from the city greatly expanded the space available.

The Flight Academy includes a 20,000-square-foot hangar that serves as a TSU satellite campus. The school now has a fleet of 12 Cirrus SR20 aircraft that were acquired last year through state and alumni funding. An additional 4,500 square feet is used as classroom and office space. An 8,000-gallon fuel tank will support flight training operations.

TSU first launched its Aviation Science Management program in 1986 and added a professional pilot program in 2016. The school is now part of the United Airlines pipeline program and has also forged relationships with Delta and Southwest.

“I want to commend Texas Southern University and Houston Airports for their leadership and partnership in advancing aviation education right here in our city,” Houston City Councilwoman Dr. Carolyn Evans-Shabazz in a press release.

“It connects our students to high-paying, high-demand careers in aviation and aerospace. This is how we grow a city in the right way—by investing in workforce development, aligning education with industry and making sure our residents are prepared to lead in the industries of tomorrow. Houston is already a global leader in aerospace and projects like this strengthen that position even further, especially here at Ellington, where innovation and opportunity continue to take flight.”

The City of Houston signed an agreement to continue funding the academy for five years.