The table below looks at the statistics for Velocity 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 Velocity over the 3 months to 23 January 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
23 Jan 2015
Same period 2014 Same period 2013
Apache Velocity
Rank 186 197 181
Rank change year-on-year
+11 -16
Contract jobs citing Velocity 5 5 6
As % of all contract IT jobs located in the City of London 0.099% 0.083% 0.11%
As % of the Libraries, Frameworks & Software Standards category 0.33% 0.29% 0.35%
Number of daily rates quoted 5 2 6
Average daily rate
Keep up to 90%
of your Daily Rate
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£500 £363 £463
Average daily rate % change year-on-year
+37.93% -21.62%
90% offered a daily rate of more than £380 £293 £346
10% offered a daily rate of more than £505 £433 £625
UK excluding London average daily rate £350 £410 £453
% change year-on-year
-14.63% -9.39%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Velocity
London

The following table is for comparison with the above and provides statistics for the entire Libraries, Frameworks & Software Standards category in contract jobs advertised in the City of London region.

Libraries, Frameworks & Software Standards Category
City of London
Contract IT job ads with a match in the
Libraries, Frameworks & Software Standards category
1535 1733 1712
As % of all contract IT jobs located in the City of London 30.28% 28.81% 30.35%
Number of daily rates quoted 1247 1309 1367
Average daily rate £425 £425 £413
Average daily rate % change year-on-year
- +3.03%
90% offered a daily rate of more than £303 £300 £300
10% offered a daily rate of more than £598 £600 £575
UK excluding London average daily rate £350 £325 £325
% change year-on-year
+7.69% -
Number of hourly rates quoted 2 13 19
Average hourly rate £50.00 £31.42 £19.80
Average hourly rate % change year-on-year
+59.15% +58.70%
UK excluding London average hourly rate £33.25 £32.50 £35.00
% change year-on-year
+2.30% -7.14%

Velocity
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Velocity across the City of London region as a proportion of the total demand within the Libraries, Frameworks & Software Standards category.

Velocity Jobs Demand Trend in the City of London

Velocity
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 Velocity across the City of London region.

Velocity Daily Rate Trend in the City of London

Velocity
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Velocity across the City of London region over the 3 months to 23 January 2015.

Velocity Daily Rate Histogram in the City of London

Velocity
Top 30 Related IT Skills in the City of London

For the 6 months to 23 January 2015, IT contractor jobs across the City of London region citing Velocity 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 Velocity.

1 8 (80.00%) Scrum
1 8 (80.00%) Agile Software Development
2 4 (40.00%) Continuous Integration
2 4 (40.00%) JavaScript
3 3 (30.00%) C#
3 3 (30.00%) HTML
3 3 (30.00%) Java
3 3 (30.00%) .NET
3 3 (30.00%) CSS
4 2 (20.00%) Quality Management
4 2 (20.00%) MVC
4 2 (20.00%) Workflow
4 2 (20.00%) Finance
4 2 (20.00%) Tomcat
4 2 (20.00%) E-Commerce
4 2 (20.00%) Foreign Exchange (FX)
4 2 (20.00%) Project Management
4 2 (20.00%) XML
4 2 (20.00%) SQL
4 2 (20.00%) Kanban
4 2 (20.00%) Ajax
4 2 (20.00%) Spring
4 2 (20.00%) Spring MVC
4 2 (20.00%) TDD
4 2 (20.00%) Banking
4 2 (20.00%) Automated Testing
4 2 (20.00%) Stakeholder Management
4 2 (20.00%) Games
4 2 (20.00%) Feature Driven Development
4 2 (20.00%) jQuery

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

For the 6 months to 23 January 2015, IT contractor jobs across the City of London region citing Velocity 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 Velocity. Up to 20 skills are shown per category.

Application Platforms
1 2 (20.00%) Tomcat
2 1 (10.00%) JBoss
2 1 (10.00%) Apache
Database & Business Intelligence
1 1 (10.00%) Relational Database
Development Applications
1 1 (10.00%) Jenkins
1 1 (10.00%) Redmine
1 1 (10.00%) Hudson
1 1 (10.00%) Bugzilla
1 1 (10.00%) Subversion
1 1 (10.00%) Maven
1 1 (10.00%) Git (software)
1 1 (10.00%) Team Foundation Server
1 1 (10.00%) JUnit
1 1 (10.00%) Eclipse
General
1 2 (20.00%) Finance
1 2 (20.00%) Banking
1 2 (20.00%) Games
2 1 (10.00%) Retail
2 1 (10.00%) Investment Banking
2 1 (10.00%) Marketing
2 1 (10.00%) Publishing
Job Titles
1 6 (60.00%) ScrumMaster
2 3 (30.00%) Developer
3 2 (20.00%) Delivery Manager
4 1 (10.00%) Product Owner
4 1 (10.00%) FX Business Analyst
4 1 (10.00%) Senior Analyst
4 1 (10.00%) Java Developer
4 1 (10.00%) Senior Web Developer
4 1 (10.00%) Lead Java Developer
4 1 (10.00%) Business Analyst
4 1 (10.00%) Analyst
4 1 (10.00%) Web Developer
4 1 (10.00%) Senior Developer
4 1 (10.00%) Senior Business Analyst
4 1 (10.00%) Lead Developer
Libraries, Frameworks & Software Standards
1 3 (30.00%) HTML
1 3 (30.00%) .NET
1 3 (30.00%) CSS
2 2 (20.00%) XML
2 2 (20.00%) Ajax
2 2 (20.00%) Spring
2 2 (20.00%) Spring MVC
2 2 (20.00%) jQuery
3 1 (10.00%) Taglibs
3 1 (10.00%) HTML5
3 1 (10.00%) OSGi
3 1 (10.00%) REST
3 1 (10.00%) CSS3
3 1 (10.00%) FreeMarker
3 1 (10.00%) Spring Security
3 1 (10.00%) Java EE
3 1 (10.00%) JSON
3 1 (10.00%) Apache Axis
3 1 (10.00%) JPA
3 1 (10.00%) EJB 3.0
Miscellaneous
1 2 (20.00%) Foreign Exchange (FX)
Processes & Methodologies
1 8 (80.00%) Scrum
1 8 (80.00%) Agile Software Development
2 4 (40.00%) Continuous Integration
3 2 (20.00%) Quality Management
3 2 (20.00%) MVC
3 2 (20.00%) Workflow
3 2 (20.00%) E-Commerce
3 2 (20.00%) Project Management
3 2 (20.00%) Kanban
3 2 (20.00%) TDD
3 2 (20.00%) Automated Testing
3 2 (20.00%) Stakeholder Management
3 2 (20.00%) Feature Driven Development
3 2 (20.00%) Continuous Improvement
3 2 (20.00%) ATDD
3 2 (20.00%) Dependency Management
3 2 (20.00%) Mentoring
3 2 (20.00%) Coaching
4 1 (10.00%) Software Engineering
4 1 (10.00%) Business Analysis
Programming Languages
1 4 (40.00%) JavaScript
2 3 (30.00%) C#
2 3 (30.00%) Java
3 2 (20.00%) SQL
Vendors
1 1 (10.00%) Oracle
1 1 (10.00%) Murex
1 1 (10.00%) Calypso