The table below looks at the prevalence of the term Grid Computing 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 Grid Computing over the 3 months to 28 May 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
28 May 2015
Same period 2014 Same period 2013
Grid Computing
Rank 192 195 178
Rank change year-on-year
+3 -17
Contract jobs citing Grid Computing 8 16 29
As % of all contract IT jobs located in the City of London 0.14% 0.26% 0.45%
As % of the Miscellaneous category 0.40% 0.68% 1.19%
Number of daily rates quoted 6 15 28
Average daily rate
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£600 £650 £588
Average daily rate % change year-on-year
-7.69% +10.63%
90% offered a daily rate of more than £550 £570 £535
10% offered a daily rate of more than £638 £720 £650
UK excluding London average daily rate £361 £300 £388
% change year-on-year
+20.41% -22.58%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Grid Computing
London

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

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
2008 2355 2428
As % of all contract IT jobs located in the City of London 36.16% 38.47% 37.39%
Number of daily rates quoted 1576 1805 1821
Average daily rate £475 £475 £475
90% offered a daily rate of more than £275 £290 £300
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 32 29 53
Average hourly rate £21.00 £21.00 £25.00
Average hourly rate % change year-on-year
- -16.00%
90% offered a hourly rate of more than £14.00 £12.20 £15.50
10% offered a hourly rate of more than £65.55 £47.36 £135.00
UK excluding London average hourly rate £19.00 £21.00 £21.00
% change year-on-year
-9.52% -

Grid Computing
Jobs Demand Trend in the City of London

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

Grid Computing Jobs Demand Trend in the City of London

Grid Computing
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 Grid Computing across the City of London region.

Grid Computing Daily Rate Trend in the City of London

Grid Computing
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Grid Computing across the City of London region.

Grid Computing Hourly Rate Trend in the City of London

Grid Computing
Top 30 Related IT Skills in the City of London

For the 6 months to 28 May 2015, IT contractor jobs across the City of London region citing Grid Computing 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 Grid Computing.

1 21 (80.77%) C++
1 21 (80.77%) Java
2 20 (76.92%) Multithreading
3 19 (73.08%) SQL
3 19 (73.08%) Linux
4 14 (53.85%) Front Office
5 11 (42.31%) C#
6 9 (34.62%) Banking
6 9 (34.62%) Oracle
7 8 (30.77%) UNIX
8 7 (26.92%) Sybase
9 5 (19.23%) Finance
10 4 (15.38%) Credit Risk
11 3 (11.54%) Market Risk
11 3 (11.54%) Derivative
11 3 (11.54%) Oracle Coherence
11 3 (11.54%) Relational Database
11 3 (11.54%) NoSQL
11 3 (11.54%) Agile Software Development
11 3 (11.54%) STL
11 3 (11.54%) Python
12 2 (7.69%) Windows
12 2 (7.69%) TDD
12 2 (7.69%) Subversion
12 2 (7.69%) Foreign Exchange (FX)
12 2 (7.69%) Unit Testing
12 2 (7.69%) Risk Analysis
12 2 (7.69%) Boost C++ Libraries
13 1 (3.85%) SciPy
13 1 (3.85%) NumPy

Grid Computing
Top Related IT Skills in the City of London by Category

For the 6 months to 28 May 2015, IT contractor jobs across the City of London region citing Grid Computing 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 Grid Computing. Up to 20 skills are shown per category.

Application Platforms
1 3 (11.54%) Oracle Coherence
Applications
1 1 (3.85%) Spreadsheet
Database & Business Intelligence
1 3 (11.54%) Relational Database
1 3 (11.54%) NoSQL
2 1 (3.85%) Oracle OLAP
2 1 (3.85%) Hazelcast
2 1 (3.85%) RDBMS
2 1 (3.85%) OLAP
2 1 (3.85%) SQL Server
Development Applications
1 2 (7.69%) Subversion
2 1 (3.85%) JIRA
2 1 (3.85%) JUnit
General
1 14 (53.85%) Front Office
2 9 (34.62%) Banking
3 5 (19.23%) Finance
4 1 (3.85%) Investment Banking
Job Titles
1 20 (76.92%) Developer
2 13 (50.00%) Java Developer
2 13 (50.00%) C++ Developer
3 10 (38.46%) C++/Java Developer
4 3 (11.54%) Python Developer
5 1 (3.85%) Senior Python Developer
5 1 (3.85%) C++ Quantitative Developer
5 1 (3.85%) Senior Developer
5 1 (3.85%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 3 (11.54%) STL
2 2 (7.69%) Boost C++ Libraries
3 1 (3.85%) SciPy
3 1 (3.85%) NumPy
3 1 (3.85%) MDX
3 1 (3.85%) Spring
3 1 (3.85%) ActiveMQ
3 1 (3.85%) XML
3 1 (3.85%) .NET
Miscellaneous
1 4 (15.38%) Credit Risk
2 3 (11.54%) Market Risk
2 3 (11.54%) Derivative
3 2 (7.69%) Foreign Exchange (FX)
4 1 (3.85%) Fixed Income
Operating Systems
1 19 (73.08%) Linux
2 8 (30.77%) UNIX
3 2 (7.69%) Windows
Processes & Methodologies
1 20 (76.92%) Multithreading
2 3 (11.54%) Agile Software Development
3 2 (7.69%) TDD
3 2 (7.69%) Unit Testing
3 2 (7.69%) Risk Analysis
4 1 (3.85%) Project Planning
4 1 (3.85%) Change Control
4 1 (3.85%) Analytics
4 1 (3.85%) SDLC
4 1 (3.85%) Migration
4 1 (3.85%) OO
Programming Languages
1 21 (80.77%) C++
1 21 (80.77%) Java
2 19 (73.08%) SQL
3 11 (42.31%) C#
4 3 (11.54%) Python
5 1 (3.85%) Scala
5 1 (3.85%) Korn
5 1 (3.85%) Shell Script
5 1 (3.85%) Perl
Systems Management
1 1 (3.85%) Control-M
Vendors
1 9 (34.62%) Oracle
2 7 (26.92%) Sybase