The table below looks at the statistics for Statistical Modelling skills in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Statistical Modelling over the 3 months to 29 April 2016 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.

3 months to
29 Apr 2016
Same period 2015 Same period 2014
Statistical Modeling
Rank 403 392 401
Rank change year-on-year
-11 +9
Contract jobs citing Statistical Modelling 30 29 26
As % of all contract IT jobs located in London 0.13% 0.13% 0.11%
As % of the Processes & Methodologies category 0.16% 0.16% 0.14%
Number of daily rates quoted 29 16 17
Average daily rate £500 £425 £400
Average daily rate % change year-on-year
+17.64% +6.25%
90% offered a daily rate of more than £200 £338 £320
10% offered a daily rate of more than £700 £538 £605
UK excluding London average daily rate £478 £463 £450
% change year-on-year
+3.24% +2.77%
Number of hourly rates quoted 1 0 0
Average hourly rate £17.50 - -
UK excluding London average hourly rate - - £167.50
Statistical Modelling
England

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

Processes & Methodologies Category
London
Contract IT job ads with a match in the
Processes & Methodologies category
19259 18083 18813
As % of all contract IT jobs located in London 83.70% 80.71% 80.55%
Number of daily rates quoted 13992 12630 13319
Average daily rate £475 £450 £425
Average daily rate % change year-on-year
+5.55% +5.88%
90% offered a daily rate of more than £325 £310 £300
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 169 257 230
Average hourly rate £22.00 £20.50 £24.00
Average hourly rate % change year-on-year
+7.31% -14.58%
90% offered a hourly rate of more than £12.83 £11.00 £13.00
10% offered a hourly rate of more than £52.34 £55.00 £57.50
UK excluding London average hourly rate £36.00 £30.50 £31.50
% change year-on-year
+18.03% -3.17%

Statistical Modelling
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Statistical Modelling across the London region as a proportion of the total demand within the Processes & Methodologies category.

Statistical Modelling Jobs Demand Trend in London

Statistical Modelling
Daily Rate Trend in London

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

Statistical Modelling Daily Rate Trend in London

Statistical Modelling
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Statistical Modelling across the London region over the 3 months to 29 April 2016.

Statistical Modelling Daily Rate Histogram in London

Statistical Modelling
Hourly Rate Trend in London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Statistical Modelling across the London region.

Statistical Modelling Hourly Rate Trend in London

Statistical Modelling
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 Statistical Modelling within the London region over the 3 months to 29 April 2016. 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 +45 4 £288 -38.61% 5
Statistical Modelling
England

Statistical Modelling
Top 30 Related IT Skills in London

For the 6 months to 29 April 2016, IT contractor jobs across the London region citing Statistical Modelling 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 Statistical Modelling.

1 28 (56.00%) Python
2 25 (50.00%) R
3 23 (46.00%) Finance
4 21 (42.00%) SAS
5 18 (36.00%) Analytics
6 17 (34.00%) Analytical Skills
7 15 (30.00%) C++
8 14 (28.00%) Visualisation
8 14 (28.00%) Machine Learning
9 12 (24.00%) .NET
10 11 (22.00%) SPSS
11 10 (20.00%) SQL
11 10 (20.00%) SQL Server
11 10 (20.00%) Mathematics
11 10 (20.00%) Banking
11 10 (20.00%) Degree
12 9 (18.00%) Statistics
12 9 (18.00%) Predictive Analytics
13 8 (16.00%) Predictive Modelling
13 8 (16.00%) OO
13 8 (16.00%) Data Management
14 7 (14.00%) .NET Framework
14 7 (14.00%) QlikView
14 7 (14.00%) C#
14 7 (14.00%) Windows
14 7 (14.00%) Data Mining
14 7 (14.00%) Business Intelligence
14 7 (14.00%) WinForms
14 7 (14.00%) Back Office
14 7 (14.00%) Big Data

Statistical Modelling
Top Related IT Skills in London by Category

For the 6 months to 29 April 2016, IT contractor jobs across the London region citing Statistical Modelling 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 Statistical Modelling. Up to 20 skills are shown per category.

Application Platforms
1 21 (42.00%) SAS
2 2 (4.00%) Apache
2 2 (4.00%) Apache Pig
3 1 (2.00%) Apache Spark
3 1 (2.00%) Node.js
3 1 (2.00%) SharePoint
Applications
1 11 (22.00%) SPSS
2 2 (4.00%) MS Excel
2 2 (4.00%) MS Office
Business Applications
1 2 (4.00%) Eloqua
1 2 (4.00%) FastStats
Cloud Services
1 1 (2.00%) Google Analytics
1 1 (2.00%) SaaS
1 1 (2.00%) SmartFocus
Database & Business Intelligence
1 10 (20.00%) SQL Server
2 7 (14.00%) Big Data
2 7 (14.00%) Data Mining
2 7 (14.00%) QlikView
3 6 (12.00%) Text Mining
4 4 (8.00%) Relational Database
5 3 (6.00%) Hadoop
6 2 (4.00%) Apache Cassandra
6 2 (4.00%) Apache Hive
6 2 (4.00%) CouchDB
6 2 (4.00%) Data Warehouse
6 2 (4.00%) HBase
6 2 (4.00%) NoSQL
6 2 (4.00%) Star Schema
7 1 (2.00%) BusinessObjects
7 1 (2.00%) NonStop SQL
7 1 (2.00%) Oracle BI EE
7 1 (2.00%) Oracle Database
7 1 (2.00%) SQL Server Analysis Services
7 1 (2.00%) SQL Server Reporting Services
Development Applications
1 2 (4.00%) SQL Server Management Studio (SSMS)
2 1 (2.00%) Git (software)
2 1 (2.00%) Grunt
2 1 (2.00%) Team Foundation Server
2 1 (2.00%) Visual Studio
General
1 23 (46.00%) Finance
2 10 (20.00%) Banking
3 7 (14.00%) Back Office
4 5 (10.00%) Marketing
5 3 (6.00%) Front Office
5 3 (6.00%) Retail
6 2 (4.00%) Legal
6 2 (4.00%) Publishing
7 1 (2.00%) Advertising
7 1 (2.00%) Telecoms
Job Titles
1 17 (34.00%) Analyst
2 16 (32.00%) Data Scientist
3 12 (24.00%) Developer
4 9 (18.00%) Qualitative Analyst
4 9 (18.00%) Quantitative Analyst
5 7 (14.00%) WinForms Developer
6 4 (8.00%) Data Analyst
7 3 (6.00%) Statistical Modeller
8 2 (4.00%) Analyst Developer
8 2 (4.00%) Consultant
8 2 (4.00%) Credit Analyst
8 2 (4.00%) Information Analyst
8 2 (4.00%) Junior
8 2 (4.00%) Junior Data Analyst
8 2 (4.00%) Junior Marketing Analyst
8 2 (4.00%) Marketing Data Analyst
8 2 (4.00%) Quantitative Analyst Developer
8 2 (4.00%) Quantitative Developer
8 2 (4.00%) Risk Analyst
8 2 (4.00%) SPSS Analyst
Libraries, Frameworks & Software Standards
1 12 (24.00%) .NET
2 7 (14.00%) .NET Framework
2 7 (14.00%) WinForms
3 4 (8.00%) Natural Language Processing
4 1 (2.00%) AngularJS
4 1 (2.00%) Highcharts JS
4 1 (2.00%) jQuery
4 1 (2.00%) Sass
4 1 (2.00%) SciPy
4 1 (2.00%) Twitter Bootstrap
4 1 (2.00%) Underscore.js
4 1 (2.00%) Web Services
Miscellaneous
1 17 (34.00%) Analytical Skills
2 14 (28.00%) Visualisation
3 10 (20.00%) Mathematics
4 9 (18.00%) Statistics
5 5 (10.00%) Computer Science
5 5 (10.00%) Neural Network
6 4 (8.00%) Psychology
6 4 (8.00%) Social Network
7 3 (6.00%) Credit Risk
7 3 (6.00%) User Experience
8 2 (4.00%) Data Integration
8 2 (4.00%) Data Protection Act
9 1 (2.00%) Algorithms
9 1 (2.00%) FMCG
9 1 (2.00%) Management Information System
9 1 (2.00%) Oracle Exalytics
Operating Systems
1 7 (14.00%) Windows
2 1 (2.00%) Unix
Processes & Methodologies
1 18 (36.00%) Analytics
2 14 (28.00%) Machine Learning
3 9 (18.00%) Predictive Analytics
4 8 (16.00%) Data Management
4 8 (16.00%) OO
4 8 (16.00%) Predictive Modelling
5 7 (14.00%) Business Intelligence
6 6 (12.00%) Data Analytics
6 6 (12.00%) Data Modelling
6 6 (12.00%) Open Source
7 5 (10.00%) Data Governance
7 5 (10.00%) Data Visualisation
7 5 (10.00%) Time Series Analysis
8 4 (8.00%) Kalman Filter
8 4 (8.00%) Risk Management
8 4 (8.00%) Statistical Analysis
9 3 (6.00%) Big Data Analytics
9 3 (6.00%) Campaign Analysis
9 3 (6.00%) Resource Management
10 2 (4.00%) Campaign Management
Programming Languages
1 28 (56.00%) Python
2 25 (50.00%) R
3 15 (30.00%) C++
4 10 (20.00%) SQL
5 7 (14.00%) C#
6 4 (8.00%) VBA
7 2 (4.00%) MATLAB
8 1 (2.00%) Java
8 1 (2.00%) JavaScript
8 1 (2.00%) Scala
8 1 (2.00%) Shell Script
Qualifications
1 10 (20.00%) Degree
2 6 (12.00%) PhD
3 2 (4.00%) BPSS Clearance
3 2 (4.00%) DBS Check
3 2 (4.00%) Security Cleared
4 1 (2.00%) CISSP
4 1 (2.00%) CLAS
4 1 (2.00%) ISEB
4 1 (2.00%) SC Cleared
Quality Assurance & Compliance
1 3 (6.00%) Data Quality
2 1 (2.00%) Disclosure Scotland
2 1 (2.00%) ISO/IEC 27001
Vendors
1 5 (10.00%) Alteryx
1 5 (10.00%) Tableau
2 2 (4.00%) Apteco
2 2 (4.00%) Cloudera
2 2 (4.00%) Hortonworks
3 1 (2.00%) Ab Initio
3 1 (2.00%) Adobe
3 1 (2.00%) Cognos
3 1 (2.00%) DoubleClick
3 1 (2.00%) Google
3 1 (2.00%) Informatica
3 1 (2.00%) Microsoft
3 1 (2.00%) Netezza
3 1 (2.00%) Oracle