The table below looks at the statistics for Statistical Modelling skills 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 Statistical Modelling over the 3 months to 24 April 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
24 Apr 2015
Same period 2014 Same period 2013
Statistical Modeling
Rank 191 206 198
Rank change year-on-year
+15 -8
Contract jobs citing Statistical Modelling 4 7 5
As % of all contract IT jobs located in the City of London 0.074% 0.11% 0.079%
As % of the Processes & Methodologies category 0.095% 0.14% 0.10%
Number of daily rates quoted 4 7 4
Average daily rate
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£488 £450 £350
Average daily rate % change year-on-year
+8.33% +28.57%
90% offered a daily rate of more than £466 £375 £333
10% offered a daily rate of more than £623 £605 £368
UK excluding London average daily rate £475 £438 £300
% change year-on-year
+8.57% +45.83%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £167.50 -
Statistical Modelling
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 City of London region.

Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
4229 4844 4866
As % of all contract IT jobs located in the City of London 77.91% 76.96% 76.46%
Number of daily rates quoted 3282 3557 3706
Average daily rate £463 £450 £450
Average daily rate % change year-on-year
+2.77% -
90% offered a daily rate of more than £325 £300 £313
10% offered a daily rate of more than £613 £625 £600
UK excluding London average daily rate £393 £375 £363
% change year-on-year
+4.66% +3.44%
Number of hourly rates quoted 35 45 51
Average hourly rate £27.37 £25.00 £72.50
Average hourly rate % change year-on-year
+9.48% -65.51%
90% offered a hourly rate of more than £14.55 £13.00 £17.50
10% offered a hourly rate of more than £92.50 £47.50 £135.00
UK excluding London average hourly rate £30.50 £30.50 £32.00
% change year-on-year
- -4.68%

Statistical Modelling
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Statistical Modelling across the City of London region as a proportion of the total demand within the Processes & Methodologies category.

Statistical Modelling Jobs Demand Trend in the City of London

Statistical Modelling
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 Statistical Modelling across the City of London region.

Statistical Modelling Daily Rate Trend in the City of London

Statistical Modelling
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Statistical Modelling across the City of London region over the 3 months to 24 April 2015.

Statistical Modelling Daily Rate Histogram in the City of London

Statistical Modelling
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 Statistical Modelling across the City of London region.

Statistical Modelling Hourly Rate Trend in the City of London

Statistical Modelling
Top 30 Related IT Skills in the City of London

For the 6 months to 24 April 2015, IT contractor jobs across the City of London region citing Statistical Modelling 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 Statistical Modelling.

1 8 (66.67%) SQL
2 6 (50.00%) SAS
3 5 (41.67%) Marketing
3 5 (41.67%) Analytics
4 4 (33.33%) Big Data
4 4 (33.33%) Data Modelling
4 4 (33.33%) Data Analysis
4 4 (33.33%) Visualisation
4 4 (33.33%) Java
4 4 (33.33%) Python
5 3 (25.00%) Data Warehouse
5 3 (25.00%) .NET
5 3 (25.00%) Teradata
5 3 (25.00%) Analytical Skills
6 2 (16.67%) Apache Spark
6 2 (16.67%) Business Transformation
6 2 (16.67%) Amazon CloudWatch
6 2 (16.67%) Predictive Modelling
6 2 (16.67%) Apache Avro
6 2 (16.67%) Amazon EMR
6 2 (16.67%) Agile Software Development
6 2 (16.67%) Banking
6 2 (16.67%) Retail
6 2 (16.67%) SQL Server Reporting Services
6 2 (16.67%) Data Mining
6 2 (16.67%) Hadoop
6 2 (16.67%) Quantitative Analysis
6 2 (16.67%) Data Architecture
6 2 (16.67%) Monte Carlo Method
6 2 (16.67%) Amazon EC2

Statistical Modelling
Top Related IT Skills in the City of London by Category

For the 6 months to 24 April 2015, IT contractor jobs across the City of London region citing Statistical Modelling 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 Statistical Modelling. Up to 20 skills are shown per category.

Application Platforms
1 6 (50.00%) SAS
2 2 (16.67%) Apache Spark
2 2 (16.67%) Apache
Cloud Services
1 2 (16.67%) Amazon CloudWatch
1 2 (16.67%) Amazon EMR
1 2 (16.67%) Amazon EC2
1 2 (16.67%) Amazon S3
1 2 (16.67%) Amazon AWS
Database & Business Intelligence
1 4 (33.33%) Big Data
2 3 (25.00%) Data Warehouse
3 2 (16.67%) SQL Server Reporting Services
3 2 (16.67%) Data Mining
3 2 (16.67%) Hadoop
3 2 (16.67%) SQL Server
4 1 (8.33%) MS Access
4 1 (8.33%) OLAP
4 1 (8.33%) SQL Server 2008
4 1 (8.33%) SQL Server Analysis Services
4 1 (8.33%) SQL Server Integration Services
General
1 5 (41.67%) Marketing
2 2 (16.67%) Banking
2 2 (16.67%) Retail
2 2 (16.67%) Finance
2 2 (16.67%) Advertising
3 1 (8.33%) Back Office
3 1 (8.33%) Telecoms
3 1 (8.33%) Retail Banking
Job Titles
1 4 (33.33%) Analyst
2 3 (25.00%) Developer
2 3 (25.00%) SAS Analyst
3 2 (16.67%) Big Data Consultant
3 2 (16.67%) Insight Analyst
3 2 (16.67%) Data Consultant
3 2 (16.67%) SQL Developer
3 2 (16.67%) Consultant
4 1 (8.33%) Senior Analyst
4 1 (8.33%) Data Modeller
4 1 (8.33%) Quantitative Analyst
4 1 (8.33%) SAS Insight Analyst
4 1 (8.33%) Senior SAS Analyst
Libraries, Frameworks & Software Standards
1 3 (25.00%) .NET
2 2 (16.67%) Apache Avro
Miscellaneous
1 4 (33.33%) Visualisation
2 3 (25.00%) Analytical Skills
3 1 (8.33%) Foreign Exchange (FX)
3 1 (8.33%) Data Extraction
3 1 (8.33%) Statistics
3 1 (8.33%) Mathematics
3 1 (8.33%) Computer Science
3 1 (8.33%) Neural Network
3 1 (8.33%) Algorithms
Processes & Methodologies
1 5 (41.67%) Analytics
2 4 (33.33%) Data Modelling
2 4 (33.33%) Data Analysis
3 2 (16.67%) Business Transformation
3 2 (16.67%) Predictive Modelling
3 2 (16.67%) Agile Software Development
3 2 (16.67%) Quantitative Analysis
3 2 (16.67%) Data Architecture
3 2 (16.67%) Monte Carlo Method
3 2 (16.67%) Data Visualisation
3 2 (16.67%) MapReduce
3 2 (16.67%) Stakeholder Management
4 1 (8.33%) Risk Management
4 1 (8.33%) Business Intelligence
4 1 (8.33%) Performance Improvement
4 1 (8.33%) Change Control
4 1 (8.33%) Machine Learning
4 1 (8.33%) Predictive Analytics
4 1 (8.33%) Logistic Regression
4 1 (8.33%) Statistical Analysis
Programming Languages
1 8 (66.67%) SQL
2 4 (33.33%) Java
2 4 (33.33%) Python
3 2 (16.67%) C++
3 2 (16.67%) VBA
4 1 (8.33%) C#
4 1 (8.33%) VB
4 1 (8.33%) Scala
4 1 (8.33%) R
Qualifications
1 2 (16.67%) PhD
2 1 (8.33%) Degree
Quality Assurance & Compliance
1 1 (8.33%) SLA
Vendors
1 3 (25.00%) Teradata
2 2 (16.67%) Oracle
2 2 (16.67%) SAP