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 contractor rates offered in IT contracts that have cited Statistical Modelling over the 3 months to 24 February 2017 with a comparison to the same period over 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.

3 months to
24 Feb 2017
Same period 2016 Same period 2015
Statistical Modelling
London / City of London
Rank 154 - 184
Rank change year-on-year
- 0
Contract jobs citing Statistical Modelling 3 0 8
As % of all contract IT jobs located in the City of London 0.10% - 0.15%
As % of the Processes & Methodologies category 0.12% - 0.19%
Number of daily rates quoted 1 0 8
Median daily rate £925 - £475
UK excluding London median daily rate £263 £413 £473
% change year-on-year
-36.36% -12.69%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
2518 2776 4300
As % of all contract IT jobs located in the City of London 84.98% 86.83% 82.92%
Number of daily rates quoted 1989 2205 3354
Median daily rate £500 £475 £450
Median daily rate % change year-on-year
+5.26% +5.55%
90% offered a daily rate of more than £350 £325 £313
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £408 £400 £400
% change year-on-year
+1.87% -
Number of hourly rates quoted 15 28 33
Median hourly rate £21.75 £22.00 £22.69
Median hourly rate % change year-on-year
-1.13% -3.04%
90% offered a hourly rate of more than £13.50 £13.00 £13.40
10% offered a hourly rate of more than £80.00 £53.00 £45.50
UK excluding London median hourly rate £36.00 £40.00 £27.50
% change year-on-year
-10.00% +45.45%

Statistical Modelling
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Statistical Modelling as a proportion of all IT contracts with a match in 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
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 February 2017, IT contractor jobs citing Statistical Modelling also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Statistical Modelling.

1 5 (71.43%) SQL
2 4 (57.14%) Degree
3 3 (42.86%) Mathematics
3 3 (42.86%) Statistics
3 3 (42.86%) Data Analysis
3 3 (42.86%) Machine Learning
3 3 (42.86%) Analytics
4 2 (28.57%) Big Data
4 2 (28.57%) Data Analytics
4 2 (28.57%) Computer Science
4 2 (28.57%) Analytical Skills
4 2 (28.57%) Actionable Insight
4 2 (28.57%) R
4 2 (28.57%) Operations Research
4 2 (28.57%) Marketing
4 2 (28.57%) Python
4 2 (28.57%) PhD
4 2 (28.57%) Java
4 2 (28.57%) SAS
5 1 (14.29%) Business Intelligence
5 1 (14.29%) Lisp
5 1 (14.29%) Prolog
5 1 (14.29%) CHAID
5 1 (14.29%) Internet
5 1 (14.29%) Shell Script
5 1 (14.29%) MATLAB
5 1 (14.29%) JavaScript
5 1 (14.29%) Perl
5 1 (14.29%) C
5 1 (14.29%) C++

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

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (28.57%) SAS
2 1 (14.29%) Apache Spark
Applications
1 1 (14.29%) Spreadsheet
Cloud Services
1 1 (14.29%) Cloud Computing
Communications & Networking
1 1 (14.29%) Internet
Database & Business Intelligence
1 2 (28.57%) Big Data
2 1 (14.29%) Base SAS
2 1 (14.29%) KDB
2 1 (14.29%) SAS Enterprise Guide
Development Applications
1 1 (14.29%) Git (software)
General
1 2 (28.57%) Marketing
2 1 (14.29%) Advertising
2 1 (14.29%) Front Office
2 1 (14.29%) Games
2 1 (14.29%) Publishing
2 1 (14.29%) Retail
Job Titles
1 4 (57.14%) Analyst
2 2 (28.57%) Data Analyst
2 2 (28.57%) Data Scientist
3 1 (14.29%) Ad Operations Manager
3 1 (14.29%) Developer
3 1 (14.29%) Qualitative Analyst
3 1 (14.29%) Quantitative Analyst
3 1 (14.29%) Senior Analyst
3 1 (14.29%) Senior Data Scientist
3 1 (14.29%) Software Developer
Libraries, Frameworks & Software Standards
1 1 (14.29%) AngularJS
Miscellaneous
1 2 (28.57%) Analytical Skills
1 2 (28.57%) Computer Science
2 1 (14.29%) Credit Risk
2 1 (14.29%) Mobile App
Operating Systems
1 1 (14.29%) Linux
Processes & Methodologies
1 3 (42.86%) Analytics
1 3 (42.86%) Data Analysis
1 3 (42.86%) Machine Learning
1 3 (42.86%) Mathematics
1 3 (42.86%) Statistics
2 2 (28.57%) Actionable Insight
2 2 (28.57%) Data Analytics
2 2 (28.57%) Operations Research
3 1 (14.29%) Ad Operations
3 1 (14.29%) Artificial Intelligence
3 1 (14.29%) Deep Learning
3 1 (14.29%) Exploratory Data Analysis
3 1 (14.29%) Logistic Regression
3 1 (14.29%) Neural Network
3 1 (14.29%) Physics
3 1 (14.29%) Predictive Modelling
3 1 (14.29%) Product Management
3 1 (14.29%) Quantitative Analysis
3 1 (14.29%) Single Customer View
3 1 (14.29%) Yield Management
Programming Languages
1 5 (71.43%) SQL
2 2 (28.57%) Java
2 2 (28.57%) Python
2 2 (28.57%) R
3 1 (14.29%) C
3 1 (14.29%) C++
3 1 (14.29%) JavaScript
3 1 (14.29%) Lisp
3 1 (14.29%) MATLAB
3 1 (14.29%) Perl
3 1 (14.29%) Prolog
3 1 (14.29%) Shell Script
Qualifications
1 4 (57.14%) Degree
2 2 (28.57%) PhD
3 1 (14.29%) Postgraduate
Vendors
1 1 (14.29%) Splunk
1 1 (14.29%) Tableau