The table below looks at the statistics for Quantitative Analysis skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Quantitative Analysis over the 3 months to 24 January 2017 with a comparison to the same period over 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
24 Jan 2017
Same period 2016 Same period 2015
Quantitative Analysis
UK
Rank 577 606 587
Rank change year-on-year
+29 -19
Contract jobs citing Quantitative Analysis 16 6 25
As % of all contract IT jobs located in the UK 0.036% 0.012% 0.050%
As % of the Processes & Methodologies category 0.043% 0.015% 0.064%
Number of daily rates quoted 12 6 22
Median daily rate £369 £388 £500
Median daily rate % change year-on-year
-4.83% -22.50%
90% offered a daily rate of more than £301 £170 £405
10% offered a daily rate of more than £675 £725 £645
UK excluding London median daily rate £325 £250 -
% change year-on-year
+30.00% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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

Processes & Methodologies Category
UK
Contract IT job ads with a match in the
Processes & Methodologies category
36876 40874 39156
As % of all contract IT jobs located in the UK 82.21% 81.75% 78.48%
Number of daily rates quoted 24455 26538 25225
Median daily rate £450 £425 £421
Median daily rate % change year-on-year
+5.88% +1.07%
90% offered a daily rate of more than £300 £293 £282
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £405 £400 £390
% change year-on-year
+1.25% +2.56%
Number of hourly rates quoted 923 1196 1034
Median hourly rate £35.00 £38.25 £25.00
Median hourly rate % change year-on-year
-8.49% +53.00%
90% offered a hourly rate of more than £12.50 £13.00 £12.00
10% offered a hourly rate of more than £52.50 £55.00 £47.50
UK excluding London median hourly rate £35.00 £40.00 £26.00
% change year-on-year
-12.50% +53.84%

Quantitative Analysis
Jobs Demand Trend

The demand trend of contract jobs citing Quantitative Analysis as a proportion of all IT contracts with a match in the Processes & Methodologies category.

Quantitative Analysis Jobs Demand Trend in the UK

Quantitative Analysis
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Quantitative Analysis within the UK.

Quantitative Analysis Daily Rate Trend in the UK

Quantitative Analysis
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Quantitative Analysis within the UK over the 3 months to 24 January 2017.

Quantitative Analysis Daily Rate Histogram in the UK

Quantitative Analysis
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Quantitative Analysis within the UK.

Quantitative Analysis Hourly Rate Trend in the UK

Quantitative Analysis
Top 10 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Quantitative Analysis within the UK over the 3 months to 24 January 2017. 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 Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +24 8 £563 +45.16% 13
London +5 6 £675 +28.57% 4
Edinburgh - 3 £431 -
Scotland - 3 £431 -
Slough - 1 £290 -
Tyne and Wear - 1 £450 -
Berkshire - 1 £290 - 1
Newcastle upon Tyne - 1 £450 -
North East - 1 £450 -
South East - 1 £290 - 1

Quantitative Analysis
Top 30 Related IT Skills

For the 6 months to 24 January 2017, IT contractor jobs citing Quantitative Analysis also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Quantitative Analysis.

1 19 (45.24%) Python
2 18 (42.86%) Data Mining
2 18 (42.86%) Statistics
2 18 (42.86%) R
3 17 (40.48%) SQL
4 16 (38.10%) Finance
5 14 (33.33%) Advertising
5 14 (33.33%) Analytics
5 14 (33.33%) Degree
6 12 (28.57%) Tableau
6 12 (28.57%) Actionable Insight
7 11 (26.19%) Analytical Skills
7 11 (26.19%) Algorithms
7 11 (26.19%) Multivariate Analysis
7 11 (26.19%) E-Commerce
8 10 (23.81%) Agile Software Development
9 9 (21.43%) Economics
9 9 (21.43%) Visualisation
9 9 (21.43%) Data Visualisation
9 9 (21.43%) Predictive Analysis
10 8 (19.05%) Predictive Modelling
11 7 (16.67%) Mobile App
11 7 (16.67%) MS Excel
12 6 (14.29%) Marketing
12 6 (14.29%) Prototyping
13 5 (11.90%) Theano
13 5 (11.90%) Keras
13 5 (11.90%) Torch
13 5 (11.90%) Google Analytics
13 5 (11.90%) Rapid Prototyping

Quantitative Analysis
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 3 (7.14%) SAS
Applications
1 7 (16.67%) MS Excel
2 4 (9.52%) Spreadsheet
3 2 (4.76%) MS PowerPoint
3 2 (4.76%) SPSS
Business Applications
1 4 (9.52%) SAP Oil and Gas
Cloud Services
1 5 (11.90%) Google Analytics
2 1 (2.38%) AdSense
2 1 (2.38%) Cloud Computing
Communications & Networking
1 1 (2.38%) Internet
Database & Business Intelligence
1 18 (42.86%) Data Mining
2 3 (7.14%) Data Warehouse
2 3 (7.14%) MySQL
3 1 (2.38%) BusinessObjects
3 1 (2.38%) MS Access
3 1 (2.38%) Power BI
3 1 (2.38%) PowerPivot
3 1 (2.38%) Relational Database
3 1 (2.38%) SQL Server
General
1 16 (38.10%) Finance
2 14 (33.33%) Advertising
3 6 (14.29%) Marketing
4 5 (11.90%) Telecoms
5 4 (9.52%) Electronics
5 4 (9.52%) Manufacturing
5 4 (9.52%) Retail
6 3 (7.14%) Back Office
6 3 (7.14%) Banking
7 2 (4.76%) Games
7 2 (4.76%) Publishing
Job Titles
1 22 (52.38%) Analyst
2 13 (30.95%) Data Analyst
3 7 (16.67%) Developer
4 5 (11.90%) Consultant
4 5 (11.90%) User Experience Consultant
5 4 (9.52%) Machine Learning Developer
5 4 (9.52%) Web Analyst
6 3 (7.14%) Data Mining Analyst
6 3 (7.14%) Excel Analyst
6 3 (7.14%) Senior Consultant
6 3 (7.14%) Senior User Experience Consultant
6 3 (7.14%) SQL Analyst
6 3 (7.14%) SQL Data Analyst
7 2 (4.76%) Customer Analyst
7 2 (4.76%) Customer Insight Analyst
7 2 (4.76%) Data Insight Analyst
7 2 (4.76%) Insight Analyst
7 2 (4.76%) Insight Data Analyst
7 2 (4.76%) Java Developer
7 2 (4.76%) Software Developer
Libraries, Frameworks & Software Standards
1 5 (11.90%) Keras
1 5 (11.90%) Pandas
1 5 (11.90%) Theano
1 5 (11.90%) Torch
2 4 (9.52%) scikit-learn
2 4 (9.52%) XGBoost
3 2 (4.76%) CSS
3 2 (4.76%) HTML
3 2 (4.76%) Sass
Miscellaneous
1 18 (42.86%) Statistics
2 11 (26.19%) Algorithms
2 11 (26.19%) Analytical Skills
3 9 (21.43%) Economics
3 9 (21.43%) Visualisation
4 7 (16.67%) Mobile App
5 5 (11.90%) User Experience
6 4 (9.52%) Artificial Intelligence
6 4 (9.52%) Computer Science
6 4 (9.52%) Mathematics
7 2 (4.76%) Management Information System
8 1 (2.38%) Data Protection Act
8 1 (2.38%) Informatics
Processes & Methodologies
1 14 (33.33%) Analytics
2 12 (28.57%) Actionable Insight
3 11 (26.19%) E-Commerce
3 11 (26.19%) Multivariate Analysis
4 10 (23.81%) Agile Software Development
5 9 (21.43%) Data Visualisation
5 9 (21.43%) Predictive Analysis
6 8 (19.05%) Predictive Modelling
7 6 (14.29%) Prototyping
8 5 (11.90%) Business Intelligence
8 5 (11.90%) Data Analysis
8 5 (11.90%) Deep Learning
8 5 (11.90%) Machine Learning
8 5 (11.90%) Rapid Prototyping
9 4 (9.52%) Digital Marketing
9 4 (9.52%) Financial Analysis
9 4 (9.52%) Financial Modelling
9 4 (9.52%) Programme Management
10 3 (7.14%) Customer Insight
10 3 (7.14%) Investment Management
Programming Languages
1 19 (45.24%) Python
2 18 (42.86%) R
3 17 (40.48%) SQL
4 5 (11.90%) Java
4 5 (11.90%) VBA
5 1 (2.38%) MATLAB
Qualifications
1 14 (33.33%) Degree
2 1 (2.38%) BPSS Clearance
2 1 (2.38%) DBS Check
2 1 (2.38%) Security Cleared
Quality Assurance & Compliance
1 3 (7.14%) Disclosure Scotland
2 2 (4.76%) Data Quality
2 2 (4.76%) QA
Vendors
1 12 (28.57%) Tableau
2 5 (11.90%) Google
3 4 (9.52%) Microsoft
3 4 (9.52%) Omniture
3 4 (9.52%) SAP
4 3 (7.14%) BT
5 1 (2.38%) DoubleClick
5 1 (2.38%) Marketo
5 1 (2.38%) Oracle
5 1 (2.38%) Salesforce.com