
With nearly 85,000 members, the IEEE Computer Society is the world's leading organization of computing professionals. Founded in 1946, and the largest of the 39 societies of the Institute of Electrical and Electronics Engineers (IEEE), the Computer Society (CS) is dedicated to advancing the theory and application of computer and information-processing technology.
A significant portion of the society's members are software development professionals, also known as software engineers. With the ever-increasing reliance on software to control systems and processes in every facet of society, as well as meet the demands of a growing digital world, software engineering has become one of the fastest-growing occupations in the world, according to recent US Department of Labor statistics. Of particular significance to the financial industry is the Computer Society's professional certification work in the Software Engineering and Development field. Its Certified Software Development Professional (CSDP) program for mid-career professionals and Certified Software Development Associate (CSDA) credential for recent college graduates are globally recognized as the standard and are used to confirm the skill and knowledge of those working in the field.
Software is the underpinning for most of the world's critical infrastructure - known to some as the "ghost in the machine." Yet unlike engineers in the physical world designing bridges, airplanes and power plants, software developers are not required to show validated expertise by an objective third party.
The software industry can be characterized as:
With the rising tide of governance regulations and the increasing legal responsibility of the executive suite and board directors, companies are now beginning to assess who is building their software. Do these workers have a keen understanding of basic software engineering skills? Are they engaging in continuing education to keep up with the latest developments? Are they employing the most effective, efficient means to ensure that products are produced properly, on-time and on-budget?
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