The table below looks at the statistics for knowledge and experience of DataSynapse products and/or services in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited DataSynapse over the 3 months to 14 February 2016 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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within DataSynapse Inc.

Location
3 months to
14 Feb 2016
Same period 2015 Same period 2014
DataSynapse
Rank 117 192 186
Rank change year-on-year
+75 -6
Contract jobs citing DataSynapse 31 3 20
As % of all contract IT jobs located in the City of London 0.99% 0.059% 0.34%
As % of the Vendors category 2.52% 0.13% 0.80%
Number of daily rates quoted 22 2 20
Average daily rate £600 £638 £613
Average daily rate % change year-on-year
-5.88% +4.08%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
DataSynapse
London

The following table is for comparison with the above and provides statistics for the entire Vendors category in contract jobs advertised in the City of London region.

Vendors Category
City of London
Contract IT job ads with a match in the
Vendors category
1230 2225 2499
As % of all contract IT jobs located in the City of London 39.15% 43.82% 42.85%
Number of daily rates quoted 910 1638 1736
Average daily rate £435 £420 £425
Average daily rate % change year-on-year
+3.57% -1.17%
90% offered a daily rate of more than £275 £250 £240
10% offered a daily rate of more than £600 £575 £625
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 14 41 57
Average hourly rate £24.00 £20.85 £20.00
Average hourly rate % change year-on-year
+15.12% +4.23%
90% offered a hourly rate of more than £11.80 £13.23 £14.50
10% offered a hourly rate of more than £30.00 £36.00 £30.83
UK excluding London average hourly rate £21.50 £17.40 £16.50
% change year-on-year
+23.56% +5.45%

DataSynapse
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing DataSynapse across the City of London region as a proportion of the total demand within the Vendors category.

DataSynapse Jobs Demand Trend in the City of London

DataSynapse
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing DataSynapse across the City of London region.

DataSynapse Daily Rate Trend in the City of London

DataSynapse
Top 30 Related IT Skills in the City of London

For the 6 months to 14 February 2016, IT contractor jobs across the City of London region citing DataSynapse 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 DataSynapse.

1 27 (79.41%) Foreign Exchange (FX)
1 27 (79.41%) Derivative
2 25 (73.53%) Java
3 22 (64.71%) Oracle
4 19 (55.88%) Banking
4 19 (55.88%) Grid Computing
5 18 (52.94%) Oracle Coherence
5 18 (52.94%) Front Office
6 17 (50.00%) TDD
6 17 (50.00%) Pair Programming
6 17 (50.00%) Spring
7 14 (41.18%) C#
8 13 (38.24%) Investment Banking
8 13 (38.24%) Configuration Management
9 10 (29.41%) Analytics
10 9 (26.47%) SQL Server
10 9 (26.47%) Sybase
10 9 (26.47%) SQL
10 9 (26.47%) Finance
11 8 (23.53%) Migration
11 8 (23.53%) Reuters
11 8 (23.53%) ClearQuest
11 8 (23.53%) T-SQL
11 8 (23.53%) Unix
11 8 (23.53%) ClearCase
11 8 (23.53%) Perl
11 8 (23.53%) Fixed Income
11 8 (23.53%) Equities
11 8 (23.53%) Equity Derivative
11 8 (23.53%) Degree

DataSynapse
Top Related IT Skills in the City of London by Category

For the 6 months to 14 February 2016, IT contractor jobs across the City of London region citing DataSynapse 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 DataSynapse. Up to 20 skills are shown per category.

Application Platforms
1 18 (52.94%) Oracle Coherence
2 5 (14.71%) Elasticsearch
3 2 (5.88%) Oracle Workflow
Business Applications
1 8 (23.53%) Markit EDM
Database & Business Intelligence
1 9 (26.47%) SQL Server
2 2 (5.88%) Spotfire
Development Applications
1 8 (23.53%) ClearCase
1 8 (23.53%) ClearQuest
1 8 (23.53%) JIRA
1 8 (23.53%) Subversion
2 1 (2.94%) Eclipse
2 1 (2.94%) TeamCity
General
1 19 (55.88%) Banking
2 18 (52.94%) Front Office
3 13 (38.24%) Investment Banking
4 9 (26.47%) Finance
5 1 (2.94%) Advertising
5 1 (2.94%) French Language
5 1 (2.94%) German Language
5 1 (2.94%) Italian Language
Job Titles
1 27 (79.41%) Developer
2 15 (44.12%) Java Developer
3 8 (23.53%) Database Developer
3 8 (23.53%) Database Programmer
3 8 (23.53%) Programmer
3 8 (23.53%) Sybase Developer
4 3 (8.82%) Grid Engineer
4 3 (8.82%) Oracle Developer
5 1 (2.94%) Applications Manager
5 1 (2.94%) Consultant
5 1 (2.94%) Front Office Developer
5 1 (2.94%) Grid Developer
5 1 (2.94%) Grid Specialist
5 1 (2.94%) Java Swing Developer
5 1 (2.94%) Oracle Consultant
5 1 (2.94%) Senior Developer
5 1 (2.94%) Senior Java Developer
5 1 (2.94%) Senior Manager
5 1 (2.94%) Symfony Developer
Libraries, Frameworks & Software Standards
1 17 (50.00%) Spring
2 5 (14.71%) ELK Stack
3 1 (2.94%) HTML
3 1 (2.94%) HTML5
3 1 (2.94%) Swing
Miscellaneous
1 27 (79.41%) Derivative
1 27 (79.41%) Foreign Exchange (FX)
2 19 (55.88%) Grid Computing
3 8 (23.53%) Enterprise Software
3 8 (23.53%) Equities
3 8 (23.53%) Equity Derivative
3 8 (23.53%) Fixed Income
4 5 (14.71%) Visualisation
5 1 (2.94%) Computer Science
Operating Systems
1 8 (23.53%) Unix
2 2 (5.88%) Windows
3 1 (2.94%) Windows Server
Processes & Methodologies
1 17 (50.00%) Pair Programming
1 17 (50.00%) TDD
2 13 (38.24%) Configuration Management
3 10 (29.41%) Analytics
4 8 (23.53%) Issue Tracking
4 8 (23.53%) Migration
5 5 (14.71%) Data Analysis
6 3 (8.82%) API Design
6 3 (8.82%) ITIL
6 3 (8.82%) Workflow
7 2 (5.88%) DevOps
7 2 (5.88%) Disaster Recovery
8 1 (2.94%) Agile Software Development
8 1 (2.94%) Capacity Planning
8 1 (2.94%) Open Source
8 1 (2.94%) Resource Management
8 1 (2.94%) Software Engineering
Programming Languages
1 25 (73.53%) Java
2 14 (41.18%) C#
3 9 (26.47%) SQL
4 8 (23.53%) Perl
4 8 (23.53%) T-SQL
5 2 (5.88%) PowerShell
6 1 (2.94%) C++
Qualifications
1 8 (23.53%) Degree
System Software
1 3 (8.82%) Platform Symphony
Systems Management
1 5 (14.71%) Ganglia
1 5 (14.71%) ITRS Geneos
1 5 (14.71%) Kibana
1 5 (14.71%) logstash
1 5 (14.71%) Puppet
Vendors
1 22 (64.71%) Oracle
2 9 (26.47%) Sybase
3 8 (23.53%) Reuters
4 6 (17.65%) Splunk
4 6 (17.65%) TIBCO
5 2 (5.88%) IBM
6 1 (2.94%) Microsoft