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 24 December 2014 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
24 Dec 2014
Same period 2013 Same period 2012
Cognizant
Rank 394 415 380
Rank change year-on-year
+21 -35
Contract jobs citing Cognizant 9 2 8
As % of all contract IT jobs located in London 0.040% 0.008% 0.038%
As % of the Vendors category 0.089% 0.018% 0.083%
Number of daily rates quoted 6 2 5
Average daily rate
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of your Daily Rate
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£600 £600 £575
Average daily rate % change year-on-year
- +4.34%
UK excluding London average daily rate £467 £363 -
% change year-on-year
+28.82% -
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
10136 10906 9687
As % of all contract IT jobs located in London 44.54% 45.83% 46.33%
Number of daily rates quoted 6883 7164 6077
Average daily rate £425 £425 £405
Average daily rate % change year-on-year
- +4.93%
90% offered a daily rate of more than £225 £250 £245
10% offered a daily rate of more than £580 £600 £600
UK excluding London average daily rate £365 £350 £350
% change year-on-year
+4.28% -
Number of hourly rates quoted 246 234 301
Average hourly rate £17.50 £18.50 £20.00
Average hourly rate % change year-on-year
-5.40% -7.50%
90% offered a hourly rate of more than £12.50 £12.50 £12.00
10% offered a hourly rate of more than £30.00 £31.50 £42.50
UK excluding London average hourly rate £17.50 £17.00 £19.00
% change year-on-year
+2.94% -10.52%

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 24 December 2014.

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 24 December 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 +6 1 £700 +16.66% 2
Paddington - - - -
Bromley - - - -
Croydon - - - -
Cognizant
England

Cognizant
Top 30 Related IT Skills in London

For the 6 months to 24 December 2014, 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 6 (35.29%) C++
1 6 (35.29%) STL
1 6 (35.29%) UNIX
1 6 (35.29%) Middleware
1 6 (35.29%) Multithreading
1 6 (35.29%) Boost C++ Libraries
1 6 (35.29%) Low Latency
2 5 (29.41%) Software Engineering
2 5 (29.41%) Linux
2 5 (29.41%) SQL
2 5 (29.41%) Foreign Exchange (FX)
2 5 (29.41%) Finance
2 5 (29.41%) Fixed Income
3 4 (23.53%) Front Office
3 4 (23.53%) Banking
3 4 (23.53%) N-Tier
3 4 (23.53%) Project Management
3 4 (23.53%) E-Commerce
4 3 (17.65%) Investment Banking
4 3 (17.65%) Workflow
5 2 (11.76%) Legal
5 2 (11.76%) Stakeholder Management
5 2 (11.76%) PRINCE2
5 2 (11.76%) Ultra-Low Latency
5 2 (11.76%) Coaching
5 2 (11.76%) People Management
6 1 (5.88%) Analytical Skills
6 1 (5.88%) Quantitative Risk Management
6 1 (5.88%) Technical Analysis
6 1 (5.88%) Capacity Planning

Cognizant
Top Related IT Skills in London by Category

For the 6 months to 24 December 2014, 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 1 (5.88%) SharePoint
1 1 (5.88%) CMS
Applications
1 1 (5.88%) MS Project
1 1 (5.88%) MS Office
1 1 (5.88%) MS Excel
1 1 (5.88%) MS PowerPoint
Business Applications
1 1 (5.88%) SAP ERP
Communications & Networking
1 1 (5.88%) ATM
1 1 (5.88%) LAN
1 1 (5.88%) WAN
1 1 (5.88%) FTP
1 1 (5.88%) SAN
1 1 (5.88%) NAS
Database & Business Intelligence
1 1 (5.88%) SQL Server
1 1 (5.88%) Data Mining
1 1 (5.88%) SQL Server Integration Services
General
1 5 (29.41%) Finance
2 4 (23.53%) Front Office
2 4 (23.53%) Banking
3 3 (17.65%) Investment Banking
4 2 (11.76%) Legal
5 1 (5.88%) Publishing
5 1 (5.88%) Financial Institution
Job Titles
1 5 (29.41%) Software Engineer
2 4 (23.53%) Developer
2 4 (23.53%) C++ Developer
2 4 (23.53%) Senior Software Engineer
3 3 (17.65%) Senior Developer
3 3 (17.65%) Software Developer
3 3 (17.65%) Project Manager
3 3 (17.65%) C++ Software Engineer
3 3 (17.65%) C++ Software Developer
3 3 (17.65%) Senior C++ Developer
4 2 (11.76%) Senior Software Developer
4 2 (11.76%) Senior C++ Programmer
4 2 (11.76%) Senior C++ Software Engineer
4 2 (11.76%) Software Programmer
4 2 (11.76%) Business Analyst
4 2 (11.76%) Analyst
4 2 (11.76%) Programmer
4 2 (11.76%) Senior Programmer
4 2 (11.76%) C++ Programmer
5 1 (5.88%) ERP Project Manager
Libraries, Frameworks & Software Standards
1 6 (35.29%) STL
1 6 (35.29%) Middleware
1 6 (35.29%) Boost C++ Libraries
Miscellaneous
1 5 (29.41%) Foreign Exchange (FX)
1 5 (29.41%) Fixed Income
2 4 (23.53%) N-Tier
3 1 (5.88%) Analytical Skills
3 1 (5.88%) Mainframe
Operating Systems
1 6 (35.29%) UNIX
2 5 (29.41%) Linux
3 1 (5.88%) Windows
Processes & Methodologies
1 6 (35.29%) Multithreading
1 6 (35.29%) Low Latency
2 5 (29.41%) Software Engineering
3 4 (23.53%) E-Commerce
3 4 (23.53%) Project Management
4 3 (17.65%) Workflow
5 2 (11.76%) Stakeholder Management
5 2 (11.76%) PRINCE2
5 2 (11.76%) Coaching
5 2 (11.76%) People Management
5 2 (11.76%) Ultra-Low Latency
6 1 (5.88%) Quantitative Risk Management
6 1 (5.88%) Technical Analysis
6 1 (5.88%) Knowledge Management
6 1 (5.88%) Business Development
6 1 (5.88%) UML
6 1 (5.88%) Change Management
6 1 (5.88%) Risk Management
6 1 (5.88%) ERP
6 1 (5.88%) Data Modelling
Programming Languages
1 6 (35.29%) C++
2 5 (29.41%) SQL
Qualifications
1 1 (5.88%) PRINCE2 Certification
1 1 (5.88%) PMP
1 1 (5.88%) PMI Certification
1 1 (5.88%) CIPD
1 1 (5.88%) Degree
Quality Assurance & Compliance
1 1 (5.88%) QA
Vendors
1 1 (5.88%) Oracle
1 1 (5.88%) SAP
1 1 (5.88%) Calypso
1 1 (5.88%) SunGard