The table below looks at the statistics for Low Latency skills in IT contracts advertised for the Canary Wharf region. Included is a guide to the average contractor rates offered in IT contracts that have cited Low Latency over the 3 months to 27 March 2015 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
27 Mar 2015
Same period 2014 Same period 2013
Low Latency
Rank 21 20 35
Rank change year-on-year
-1 +15
Contract jobs citing Low Latency 3 9 13
As % of all contract IT jobs located in Canary Wharf 2.50% 5.26% 3.71%
As % of the Processes & Methodologies category 3.00% 6.67% 4.39%
Number of daily rates quoted 1 9 11
Average daily rate
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£500 £600 £650
Average daily rate % change year-on-year
-16.66% -7.69%
UK excluding London average daily rate £450 £275 £350
% change year-on-year
+63.63% -21.42%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Low Latency
London

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the Canary Wharf region.

Processes & Methodologies Category
Canary Wharf
Contract IT job ads with a match in the
Processes & Methodologies category
100 135 296
As % of all contract IT jobs located in Canary Wharf 83.33% 78.95% 84.57%
Number of daily rates quoted 60 101 231
Average daily rate £500 £525 £550
Average daily rate % change year-on-year
-4.76% -4.54%
90% offered a daily rate of more than £375 £350 £375
10% offered a daily rate of more than £650 £800 £675
UK excluding London average daily rate £396 £375 £363
% change year-on-year
+5.60% +3.44%
Number of hourly rates quoted 0 5 3
Average hourly rate - £21.50 £18.75
Average hourly rate % change year-on-year
- +14.66%
UK excluding London average hourly rate £31.44 £27.50 £32.00
% change year-on-year
+14.32% -14.06%

Low Latency
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Low Latency across the Canary Wharf region as a proportion of the total demand within the Processes & Methodologies category.

Low Latency Jobs Demand Trend in Canary Wharf

Low Latency
Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Low Latency across the Canary Wharf region.

Low Latency Daily Rate Trend in Canary Wharf

Low Latency
Top 30 Related IT Skills in Canary Wharf

For the 6 months to 27 March 2015, IT contractor jobs across the Canary Wharf region citing Low Latency also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Low Latency.

1 2 (50.00%) C++
1 2 (50.00%) Java
1 2 (50.00%) JUnit
1 2 (50.00%) OOP
1 2 (50.00%) OO
1 2 (50.00%) TCP/IP
1 2 (50.00%) Cisco
1 2 (50.00%) CCIE
1 2 (50.00%) Cisco Certification
1 2 (50.00%) Juniper
1 2 (50.00%) Finance
1 2 (50.00%) Games
1 2 (50.00%) Scrum
1 2 (50.00%) Agile Software Development
1 2 (50.00%) TDD
1 2 (50.00%) Network Design
1 2 (50.00%) Maven
1 2 (50.00%) Technical Architecture
1 2 (50.00%) Degree
1 2 (50.00%) Oracle Coherence
1 2 (50.00%) Mathematics
1 2 (50.00%) Physics
1 2 (50.00%) Computer Science
1 2 (50.00%) Continuous Integration
1 2 (50.00%) Multithreading
1 2 (50.00%) Monte Carlo Method
1 2 (50.00%) AMQP
1 2 (50.00%) Hadoop
1 2 (50.00%) MapReduce
1 2 (50.00%) Cisco Nexus

Low Latency
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 27 March 2015, IT contractor jobs across the Canary Wharf region citing Low Latency also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Low Latency. Up to 20 skills are shown per category.

Application Platforms
1 2 (50.00%) Oracle Coherence
Communications & Networking
1 2 (50.00%) TCP/IP
1 2 (50.00%) Cisco Nexus
1 2 (50.00%) AMQP
2 1 (25.00%) WAAS
2 1 (25.00%) Junos
2 1 (25.00%) HSRP
2 1 (25.00%) GLBP
2 1 (25.00%) Multicast
2 1 (25.00%) LAN
2 1 (25.00%) WLAN
2 1 (25.00%) WAN
2 1 (25.00%) Ethernet
2 1 (25.00%) MPLS
2 1 (25.00%) OSPF
2 1 (25.00%) BGP
2 1 (25.00%) VRRP
2 1 (25.00%) Wireless
2 1 (25.00%) IPsec
2 1 (25.00%) IGMP
2 1 (25.00%) Gigabit Ethernet
Database & Business Intelligence
1 2 (50.00%) Hadoop
1 2 (50.00%) Hazelcast
Development Applications
1 2 (50.00%) JUnit
1 2 (50.00%) Maven
1 2 (50.00%) Apache Ivy
General
1 2 (50.00%) Finance
1 2 (50.00%) Games
Job Titles
1 2 (50.00%) Developer
1 2 (50.00%) Network Engineer
1 2 (50.00%) Design Engineer
1 2 (50.00%) Java Developer
1 2 (50.00%) Senior Network Engineer
1 2 (50.00%) Network Design Engineer
1 2 (50.00%) Senior Network Design Engineer
1 2 (50.00%) Senior Design Engineer
Miscellaneous
1 2 (50.00%) Mathematics
1 2 (50.00%) Physics
1 2 (50.00%) Computer Science
1 2 (50.00%) Analytical Skills
1 2 (50.00%) Data Structures
1 2 (50.00%) Algorithms
2 1 (25.00%) Hedge funds
Processes & Methodologies
1 2 (50.00%) Technical Architecture
1 2 (50.00%) Continuous Integration
1 2 (50.00%) Multithreading
1 2 (50.00%) Monte Carlo Method
1 2 (50.00%) BDD
1 2 (50.00%) MapReduce
1 2 (50.00%) Analytics
1 2 (50.00%) Ultra-Low Latency
1 2 (50.00%) Quantitative Investing
1 2 (50.00%) OOP
1 2 (50.00%) OO
1 2 (50.00%) Scrum
1 2 (50.00%) Agile Software Development
1 2 (50.00%) TDD
1 2 (50.00%) Network Design
2 1 (25.00%) Enterprise Architecture
Programming Languages
1 2 (50.00%) C++
1 2 (50.00%) Java
Qualifications
1 2 (50.00%) CCIE
1 2 (50.00%) Cisco Certification
1 2 (50.00%) Degree
Vendors
1 2 (50.00%) Cisco
1 2 (50.00%) Juniper
2 1 (25.00%) SevOne