The first table below looks at the demand for knowledge and experience of 29West products and/or services in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited 29West over the 3 months to 29 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Vendors for the London region.

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 29West Inc.

Location
3 months to
29 Jul 2014
Same period 2013 Same period 2012
29West
Rank 359 352 375
Rank change year-on-year
-7 +23
Contract jobs citing 29West 58 61 33
As % of all contract IT jobs located in London 0.25% 0.25% 0.13%
As % of the Vendors category 0.55% 0.55% 0.28%
Number of daily rates quoted 42 44 24
Average daily rate
Keep up to 90%
of your Daily Rate
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£650 £600 £655
Average daily rate % change year-on-year
+8.33% -8.39%
90% offered a daily rate of more than £578 £525 £533
10% offered a daily rate of more than £772 £650 £760
UK excluding London average daily rate £485 - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Vendors Category
London
Contract IT job ads with a match in the
Vendors category
10564 11132 11879
As % of all contract IT jobs located in London 44.96% 45.86% 45.00%
Number of daily rates quoted 6673 7089 7127
Average daily rate £425 £425 £410
Average daily rate % change year-on-year
- +3.65%
90% offered a daily rate of more than £230 £255 £250
10% offered a daily rate of more than £575 £575 £575
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 219 287 342
Average hourly rate £19.00 £22.00 £19.50
Average hourly rate % change year-on-year
-13.63% +12.82%
90% offered a hourly rate of more than £12.80 £13.50 £13.00
10% offered a hourly rate of more than £34.35 £48.00 £35.50
UK excluding London average hourly rate £17.50 £19.50 £19.00
% change year-on-year
-10.25% +2.63%
29West
England

29West
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing 29West across the London region as a proportion of the total demand within the Vendors category.

29West Jobs Demand Trend in London

29West
Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing 29West across the London region.

29West Daily Rate Trend in London

29West
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing 29West across the London region over the 3 months to 29 July 2014.

29West Daily Rate Histogram in London

29West
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing 29West within the London region over the 3 months to 29 July 2014. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London -1 14 £650 +6.12% 2
Docklands, London - - - -
29West
England

29West
Top 30 Related IT Skills in London

For the 6 months to 29 July 2014, IT contractor jobs across the London region citing 29West 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 29West.

1 108 (87.80%) Foreign Exchange (FX)
2 104 (84.55%) Java
3 74 (60.16%) Front Office
4 67 (54.47%) Low Latency
5 66 (53.66%) Linux
6 55 (44.72%) SQL
7 53 (43.09%) Oracle
8 51 (41.46%) Banking
8 51 (41.46%) RMDS
9 44 (35.77%) E-Commerce
10 37 (30.08%) TIBCO
10 37 (30.08%) Multithreading
11 36 (29.27%) Solaris
12 32 (26.02%) Rendezvous
12 32 (26.02%) Risk Management
13 29 (23.58%) Oracle Coherence
14 28 (22.76%) Middleware
14 28 (22.76%) JMS
15 27 (21.95%) UNIX
16 26 (21.14%) Investment Banking
17 23 (18.70%) JIRA
18 22 (17.89%) Finance
19 18 (14.63%) WebSphere
19 18 (14.63%) XML
19 18 (14.63%) XSLT
20 17 (13.82%) Ultra-Low Latency
20 17 (13.82%) DevOps
21 16 (13.01%) Sybase
21 16 (13.01%) C++
22 15 (12.20%) Informatica

29West
Top Related IT Skills in London by Category

For the 6 months to 29 July 2014, IT contractor jobs across the London region citing 29West 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 29West. Up to 20 skills are shown per category.

Application Platforms
1 29 (23.58%) Oracle Coherence
2 18 (14.63%) WebSphere
3 14 (11.38%) TIBCO EMS
3 14 (11.38%) WebLogic
4 13 (10.57%) Confluence
5 4 (3.25%) IIS
5 4 (3.25%) Apache
5 4 (3.25%) Tomcat
5 4 (3.25%) Oracle HTTP Server
6 1 (0.81%) Oracle Workflow
6 1 (0.81%) GemFire
6 1 (0.81%) WebSphere Application Server
Applications
1 2 (1.63%) MS Excel
Business Applications
1 51 (41.46%) RMDS
Communications & Networking
1 12 (9.76%) DNS
1 12 (9.76%) Firewall
2 5 (4.07%) Multicast
3 4 (3.25%) NAS
3 4 (3.25%) FCoE
3 4 (3.25%) Fibre Channel
3 4 (3.25%) SAN
3 4 (3.25%) LAN
3 4 (3.25%) WAN
3 4 (3.25%) HTTP
4 1 (0.81%) iSCSI
Database & Business Intelligence
1 7 (5.69%) SQL Server
1 7 (5.69%) Relational Database
2 4 (3.25%) Hadoop
2 4 (3.25%) NoSQL
2 4 (3.25%) HBase
3 3 (2.44%) Hazelcast
4 2 (1.63%) Oracle Database
4 2 (1.63%) RDBMS
Development Applications
1 23 (18.70%) JIRA
2 14 (11.38%) TeamCity
2 14 (11.38%) Git (software)
3 3 (2.44%) Subversion
4 2 (1.63%) Maven
4 2 (1.63%) Atlassian Bamboo
5 1 (0.81%) NUnit
5 1 (0.81%) CruiseControl
General
1 74 (60.16%) Front Office
2 51 (41.46%) Banking
3 26 (21.14%) Investment Banking
4 22 (17.89%) Finance
5 8 (6.50%) Games
5 8 (6.50%) Financial Institution
5 8 (6.50%) Telecoms
6 3 (2.44%) Back Office
7 1 (0.81%) Retail
7 1 (0.81%) Corporate Banking
7 1 (0.81%) International Banking
7 1 (0.81%) Spanish Language
Job Titles
1 70 (56.91%) Developer
2 58 (47.15%) Java Developer
3 25 (20.33%) Development Manager
4 8 (6.50%) Senior Manager
4 8 (6.50%) Senior Developer
4 8 (6.50%) C++ Developer
4 8 (6.50%) Senior Development Manager
4 8 (6.50%) DevOps Engineer
5 7 (5.69%) Senior Java Developer
6 6 (4.88%) Front Office Developer
6 6 (4.88%) Architect
7 4 (3.25%) DevOps Manager
7 4 (3.25%) Lead Developer
7 4 (3.25%) Infrastructure Architect
7 4 (3.25%) Lead Java Developer
8 3 (2.44%) Lead Architect
8 3 (2.44%) C# Developer
9 2 (1.63%) Administrator
9 2 (1.63%) Systems Administrator
9 2 (1.63%) C++/C# Developer
Libraries, Frameworks & Software Standards
1 32 (26.02%) Rendezvous
2 28 (22.76%) Middleware
2 28 (22.76%) JMS
3 18 (14.63%) XML
3 18 (14.63%) XSLT
4 14 (11.38%) Java SE
5 13 (10.57%) Java EE
6 10 (8.13%) HTML
6 10 (8.13%) WebSockets
7 7 (5.69%) .NET
7 7 (5.69%) FIX Protocol
8 6 (4.88%) HTML5
9 4 (3.25%) Spring
10 3 (2.44%) REST
10 3 (2.44%) RESTful
10 3 (2.44%) Apache Flex
10 3 (2.44%) SOAP
11 2 (1.63%) WCF
11 2 (1.63%) WPF
11 2 (1.63%) JavaFX
Miscellaneous
1 108 (87.80%) Foreign Exchange (FX)
2 7 (5.69%) Fixed Income
3 6 (4.88%) Equities
4 4 (3.25%) Computer Science
5 2 (1.63%) Client/Server
5 2 (1.63%) N-Tier
6 1 (0.81%) Management Information System
6 1 (0.81%) Credit Derivative
6 1 (0.81%) Derivative
6 1 (0.81%) Open Source
Operating Systems
1 66 (53.66%) Linux
2 36 (29.27%) Solaris
3 27 (21.95%) UNIX
4 10 (8.13%) Windows
5 6 (4.88%) Windows XP
Processes & Methodologies
1 67 (54.47%) Low Latency
2 44 (35.77%) E-Commerce
3 37 (30.08%) Multithreading
4 32 (26.02%) Risk Management
5 17 (13.82%) Ultra-Low Latency
5 17 (13.82%) DevOps
6 14 (11.38%) Electronic Trading
7 11 (8.94%) Software Engineering
8 9 (7.32%) Algorithmic Trading
8 9 (7.32%) Change Management
8 9 (7.32%) Agile Software Development
8 9 (7.32%) TDD
8 9 (7.32%) OO
9 8 (6.50%) Data Modelling
9 8 (6.50%) Scrum
10 7 (5.69%) Stakeholder Management
11 6 (4.88%) Automated Testing
11 6 (4.88%) Knowledge Management
11 6 (4.88%) Continuous Improvement
12 5 (4.07%) Performance Tuning
Programming Languages
1 104 (84.55%) Java
2 55 (44.72%) SQL
3 16 (13.01%) C++
4 8 (6.50%) C#
4 8 (6.50%) JavaScript
5 7 (5.69%) C
6 6 (4.88%) Perl
7 5 (4.07%) Python
8 2 (1.63%) C++/CLI
8 2 (1.63%) Bash Shell
8 2 (1.63%) PL/SQL
8 2 (1.63%) VC++
9 1 (0.81%) Shell Script
Qualifications
1 2 (1.63%) Degree
Quality Assurance & Compliance
1 1 (0.81%) QA
System Software
1 4 (3.25%) NFS
1 4 (3.25%) Oracle RAC
1 4 (3.25%) SRDF
2 1 (0.81%) KVM
2 1 (0.81%) VMware Infrastructure
2 1 (0.81%) Hyper-V
2 1 (0.81%) Xen
Systems Management
1 5 (4.07%) ITRS Geneos
2 3 (2.44%) Puppet
2 3 (2.44%) Opscode Chef
3 2 (1.63%) Salt
Vendors
1 53 (43.09%) Oracle
2 37 (30.08%) TIBCO
3 16 (13.01%) Sybase
4 15 (12.20%) Informatica
5 14 (11.38%) JBoss
6 6 (4.88%) Reuters
7 5 (4.07%) Splunk
8 4 (3.25%) DataSynapse
8 4 (3.25%) Cisco
8 4 (3.25%) IBM
8 4 (3.25%) NetApp
8 4 (3.25%) EMC
8 4 (3.25%) Intel
9 2 (1.63%) SaltStack
9 2 (1.63%) Bloomberg
9 2 (1.63%) Perforce
10 1 (0.81%) VMware
10 1 (0.81%) Adobe
10 1 (0.81%) Fidessa