The table below looks at the statistics for knowledge and experience of Cognizant 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 Cognizant over the 3 months to 2 March 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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within Cognizant Technology Solutions.

Location
3 months to
2 Mar 2015
Same period 2014 Same period 2013
Cognizant
Rank 381 395 362
Rank change year-on-year
+14 -33
Contract jobs citing Cognizant 16 9 3
As % of all contract IT jobs located in London 0.075% 0.041% 0.015%
As % of the Vendors category 0.17% 0.091% 0.033%
Number of daily rates quoted 6 6 1
Average daily rate
Keep up to 90%
of your Daily Rate
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£469 £542 £650
Average daily rate % change year-on-year
-13.43% -16.69%
UK excluding London average daily rate - £285 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Cognizant
England

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

Vendors Category
London
Contract IT job ads with a match in the
Vendors category
9521 9864 8964
As % of all contract IT jobs located in London 44.82% 44.60% 45.28%
Number of daily rates quoted 6246 6300 5712
Average daily rate £425 £425 £425
90% offered a daily rate of more than £255 £250 £250
10% offered a daily rate of more than £575 £600 £588
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 179 214 239
Average hourly rate £19.50 £18.70 £19.00
Average hourly rate % change year-on-year
+4.27% -1.57%
90% offered a hourly rate of more than £12.50 £14.00 £12.00
10% offered a hourly rate of more than £42.50 £39.31 £42.50
UK excluding London average hourly rate £17.50 £17.50 £19.00
% change year-on-year
- -7.89%

Cognizant
Jobs Demand Trend in London

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

Cognizant Jobs Demand Trend in London

Cognizant
Daily Rate Trend in London

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

Cognizant Daily Rate Trend in London

Cognizant
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Cognizant across the London region over the 3 months to 2 March 2015.

Cognizant Daily Rate Histogram in London

Cognizant
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 Cognizant within the London region over the 3 months to 2 March 2015. 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
Docklands, London - 1 £600 -
City of London - - - - 2
Cognizant
England

Cognizant
Top 30 Related IT Skills in London

For the 6 months to 2 March 2015, IT contractor jobs across the London region citing Cognizant 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 Cognizant.

1 5 (26.32%) SAP
2 4 (21.05%) ATM
2 4 (21.05%) Mainframe
2 4 (21.05%) Stakeholder Management
2 4 (21.05%) CMS
3 3 (15.79%) Fixed Income
3 3 (15.79%) Change Management
3 3 (15.79%) C++
3 3 (15.79%) Foreign Exchange (FX)
3 3 (15.79%) Middleware
3 3 (15.79%) Project Management
3 3 (15.79%) STL
3 3 (15.79%) PRINCE2
3 3 (15.79%) UNIX
3 3 (15.79%) Linux
3 3 (15.79%) Low Latency
3 3 (15.79%) Multithreading
3 3 (15.79%) Boost C++ Libraries
3 3 (15.79%) Software Engineering
3 3 (15.79%) Finance
3 3 (15.79%) Coaching
4 2 (10.53%) People Management
4 2 (10.53%) Investment Banking
4 2 (10.53%) Banking
4 2 (10.53%) Ultra-Low Latency
4 2 (10.53%) Business Intelligence
4 2 (10.53%) PRINCE2 Certification
4 2 (10.53%) PMP
4 2 (10.53%) PMI Certification
4 2 (10.53%) Risk Management

Cognizant
Top Related IT Skills in London by Category

For the 6 months to 2 March 2015, IT contractor jobs across the London region citing Cognizant 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 Cognizant. Up to 20 skills are shown per category.

Application Platforms
1 4 (21.05%) CMS
Business Applications
1 1 (5.26%) SAP ERP
Communications & Networking
1 4 (21.05%) ATM
Database & Business Intelligence
1 1 (5.26%) Data Mining
General
1 3 (15.79%) Finance
2 2 (10.53%) Banking
2 2 (10.53%) Investment Banking
3 1 (5.26%) Legal
3 1 (5.26%) Publishing
3 1 (5.26%) Financial Institution
3 1 (5.26%) Front Office
Job Titles
1 7 (36.84%) Project Manager
2 5 (26.32%) Deployment Manager
2 5 (26.32%) SAP Project Manager
2 5 (26.32%) Implementation Manager
2 5 (26.32%) Project Implementation Manager
2 5 (26.32%) SAP Manager
2 5 (26.32%) Deployment Project Manager
2 5 (26.32%) SAP Implementation Manager
3 4 (21.05%) Test Leader
3 4 (21.05%) Test Manager
4 3 (15.79%) Software Engineer
4 3 (15.79%) Senior Software Engineer
5 2 (10.53%) Software Developer
5 2 (10.53%) Business Change Manager
5 2 (10.53%) C++ Developer
5 2 (10.53%) C++ Software Engineer
5 2 (10.53%) Senior Software Developer
5 2 (10.53%) Developer
5 2 (10.53%) Analyst
5 2 (10.53%) Business Analyst
Libraries, Frameworks & Software Standards
1 3 (15.79%) STL
1 3 (15.79%) Middleware
1 3 (15.79%) Boost C++ Libraries
Miscellaneous
1 4 (21.05%) Mainframe
2 3 (15.79%) Fixed Income
2 3 (15.79%) Foreign Exchange (FX)
3 1 (5.26%) N-Tier
Operating Systems
1 3 (15.79%) UNIX
1 3 (15.79%) Linux
Processes & Methodologies
1 4 (21.05%) Stakeholder Management
2 3 (15.79%) Software Engineering
2 3 (15.79%) PRINCE2
2 3 (15.79%) Project Management
2 3 (15.79%) Change Management
2 3 (15.79%) Multithreading
2 3 (15.79%) Low Latency
2 3 (15.79%) Coaching
3 2 (10.53%) People Management
3 2 (10.53%) Business Intelligence
3 2 (10.53%) Ultra-Low Latency
3 2 (10.53%) Risk Management
4 1 (5.26%) Workflow
4 1 (5.26%) E-Commerce
4 1 (5.26%) ERP
4 1 (5.26%) Knowledge Management
4 1 (5.26%) Performance Management
Programming Languages
1 3 (15.79%) C++
2 1 (5.26%) SQL
Qualifications
1 2 (10.53%) PRINCE2 Certification
1 2 (10.53%) PMP
1 2 (10.53%) PMI Certification
2 1 (5.26%) CIPD
Quality Assurance & Compliance
1 1 (5.26%) QA
Vendors
1 5 (26.32%) SAP