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 22 February 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
22 Feb 2017
Same period 2016 Same period 2015
Quantitative Analysis
UK
Rank 580 619 581
Rank change year-on-year
+39 -38
Contract jobs citing Quantitative Analysis 14 10 35
As % of all contract IT jobs located in the UK 0.031% 0.019% 0.068%
As % of the Processes & Methodologies category 0.037% 0.023% 0.085%
Number of daily rates quoted 9 8 31
Median daily rate £325 £239 £500
Median daily rate % change year-on-year
+36.12% -52.25%
90% offered a daily rate of more than £310 £186 £265
10% offered a daily rate of more than £675 £555 £550
UK excluding London median daily rate £325 £238 £300
% change year-on-year
+36.84% -20.83%
Number of hourly rates quoted 1 0 1
Median hourly rate £45.00 - £17.45
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
37526 43083 40983
As % of all contract IT jobs located in the UK 82.74% 82.84% 79.39%
Number of daily rates quoted 24906 28187 25982
Median daily rate £450 £425 £425
Median daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £300 £298 £280
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £410 £400 £400
% change year-on-year
+2.50% -
Number of hourly rates quoted 961 1187 1087
Median hourly rate £35.00 £38.50 £26.00
Median hourly rate % change year-on-year
-9.09% +48.07%
90% offered a hourly rate of more than £13.00 £13.00 £12.00
10% offered a hourly rate of more than £55.00 £57.00 £47.50
UK excluding London median hourly rate £35.00 £40.00 £27.50
% change year-on-year
-12.50% +45.45%

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 22 February 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 4 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 22 February 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 +41 6 £675 +182.72% 10
London +22 6 £675 +119.51% 10
Scotland +32 3 £431 -
Edinburgh - 3 £431 -

Quantitative Analysis
Top 30 Related IT Skills

For the 6 months to 22 February 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 16 (48.48%) Python
2 15 (45.45%) Data Mining
2 15 (45.45%) Statistics
2 15 (45.45%) R
3 13 (39.39%) SQL
4 11 (33.33%) Advertising
5 9 (27.27%) Agile Software Development
5 9 (27.27%) Tableau
6 8 (24.24%) Data Visualisation
6 8 (24.24%) Visualisation
6 8 (24.24%) Analytical Skills
6 8 (24.24%) Algorithms
6 8 (24.24%) Predictive Analysis
6 8 (24.24%) Actionable Insight
6 8 (24.24%) Economics
6 8 (24.24%) Degree
6 8 (24.24%) Multivariate Analysis
7 7 (21.21%) E-Commerce
7 7 (21.21%) Finance
7 7 (21.21%) Analytics
8 6 (18.18%) Mobile App
8 6 (18.18%) Predictive Modelling
8 6 (18.18%) MS Excel
8 6 (18.18%) Mathematics
9 5 (15.15%) Java
9 5 (15.15%) Deep Learning
9 5 (15.15%) Machine Learning
9 5 (15.15%) Prototyping
9 5 (15.15%) Keras
9 5 (15.15%) Torch

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 2 (6.06%) SAS
Applications
1 6 (18.18%) MS Excel
2 3 (9.09%) Spreadsheet
3 2 (6.06%) MS PowerPoint
4 1 (3.03%) SPSS
Business Applications
1 2 (6.06%) SAP Oil and Gas
Cloud Services
1 2 (6.06%) Google Analytics
2 1 (3.03%) AdSense
2 1 (3.03%) Cloud Computing
Communications & Networking
1 1 (3.03%) Internet
Database & Business Intelligence
1 15 (45.45%) Data Mining
2 3 (9.09%) MySQL
3 2 (6.06%) Data Warehouse
4 1 (3.03%) Relational Database
4 1 (3.03%) SQL Server
General
1 11 (33.33%) Advertising
2 7 (21.21%) Finance
3 4 (12.12%) Marketing
4 3 (9.09%) Telecoms
5 2 (6.06%) Back Office
5 2 (6.06%) Banking
5 2 (6.06%) Electronics
5 2 (6.06%) Games
5 2 (6.06%) Manufacturing
5 2 (6.06%) Publishing
6 1 (3.03%) Retail
Job Titles
1 14 (42.42%) Analyst
2 10 (30.30%) Data Analyst
3 7 (21.21%) Developer
4 4 (12.12%) Consultant
4 4 (12.12%) Machine Learning Developer
4 4 (12.12%) User Experience Consultant
5 3 (9.09%) Data Mining Analyst
5 3 (9.09%) Excel Analyst
5 3 (9.09%) Senior Consultant
5 3 (9.09%) Senior User Experience Consultant
5 3 (9.09%) SQL Analyst
5 3 (9.09%) SQL Data Analyst
6 2 (6.06%) Ad Operations Manager
6 2 (6.06%) Graduate
6 2 (6.06%) Innovation Manager
6 2 (6.06%) Java Developer
6 2 (6.06%) MySQL Developer
6 2 (6.06%) Python Developer
6 2 (6.06%) Software Developer
7 1 (3.03%) Senior Innovation Manager
Libraries, Frameworks & Software Standards
1 5 (15.15%) Keras
1 5 (15.15%) Pandas
1 5 (15.15%) Theano
1 5 (15.15%) Torch
2 4 (12.12%) scikit-learn
2 4 (12.12%) XGBoost
3 2 (6.06%) CSS
3 2 (6.06%) HTML
3 2 (6.06%) Sass
Miscellaneous
1 8 (24.24%) Algorithms
1 8 (24.24%) Analytical Skills
2 6 (18.18%) Mobile App
3 5 (15.15%) User Experience
4 4 (12.12%) Computer Science
5 3 (9.09%) Social Media
Processes & Methodologies
1 15 (45.45%) Statistics
2 9 (27.27%) Agile Software Development
3 8 (24.24%) Actionable Insight
3 8 (24.24%) Data Visualisation
3 8 (24.24%) Economics
3 8 (24.24%) Multivariate Analysis
3 8 (24.24%) Predictive Analysis
3 8 (24.24%) Visualisation
4 7 (21.21%) Analytics
4 7 (21.21%) E-Commerce
5 6 (18.18%) Mathematics
5 6 (18.18%) Predictive Modelling
6 5 (15.15%) Deep Learning
6 5 (15.15%) Machine Learning
6 5 (15.15%) Prototyping
7 4 (12.12%) Artificial Intelligence
7 4 (12.12%) Data Analysis
7 4 (12.12%) Rapid Prototyping
8 3 (9.09%) Investment Management
9 2 (6.06%) Digital Marketing
Programming Languages
1 16 (48.48%) Python
2 15 (45.45%) R
3 13 (39.39%) SQL
4 5 (15.15%) Java
5 3 (9.09%) VBA
6 1 (3.03%) MATLAB
Qualifications
1 8 (24.24%) Degree
Quality Assurance & Compliance
1 2 (6.06%) Disclosure Scotland
2 1 (3.03%) Data Quality
Vendors
1 9 (27.27%) Tableau
2 4 (12.12%) Microsoft
3 2 (6.06%) Google
3 2 (6.06%) SAP
4 1 (3.03%) BT
4 1 (3.03%) DoubleClick
4 1 (3.03%) Marketo
4 1 (3.03%) Omniture
4 1 (3.03%) Oracle
4 1 (3.03%) Salesforce.com