The table below looks at the statistics for knowledge and experience of Vermilion products and/or services in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Vermilion over the 3 months to 28 May 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.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within Vermilion Software.

3 months to
28 May 2016
Same period 2015 Same period 2014
Vermilion
Rank 643 643 594
Rank change year-on-year
0 -49
Contract jobs citing Vermilion 13 6 4
As % of all contract IT jobs located in the UK 0.024% 0.011% 0.008%
As % of the Vendors category 0.053% 0.024% 0.017%
Number of daily rates quoted 6 6 2
Median daily rate £625 £550 £700
Median daily rate % change year-on-year
+13.63% -21.42%
90% offered a daily rate of more than £588 £525 £680
10% offered a daily rate of more than £638 £600 £720
UK excluding London median daily rate - £525 -
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 Vendors category in contract jobs advertised across the UK.

Vendors Category
UK
Contract IT job ads with a match in the
Vendors category
24339 24738 23537
As % of all contract IT jobs located in the UK 44.63% 44.81% 44.58%
Number of daily rates quoted 15014 14307 13348
Median daily rate £405 £400 £388
Median daily rate % change year-on-year
+1.25% +3.22%
90% offered a daily rate of more than £250 £225 £220
10% offered a daily rate of more than £570 £550 £550
UK excluding London median daily rate £380 £370 £350
% change year-on-year
+2.70% +5.71%
Number of hourly rates quoted 797 1137 1051
Median hourly rate £20.00 £18.14 £17.50
Median hourly rate % change year-on-year
+10.25% +3.65%
90% offered a hourly rate of more than £10.98 £11.17 £11.00
10% offered a hourly rate of more than £42.50 £40.00 £37.00
UK excluding London median hourly rate £20.00 £18.00 £17.50
% change year-on-year
+11.11% +2.85%

Vermilion
Jobs Demand Trend

The demand trend of contract jobs citing Vermilion as a proportion of all IT contracts with a match in the Vendors category.

Vermilion Jobs Demand Trend in the UK

Vermilion
Daily Rate Trend

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

Vermilion Daily Rate Trend in the UK

Vermilion
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Vermilion within the UK over the 3 months to 28 May 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
(Click see detailed
statistics and trends)
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 -6 13 £625 +13.63% 1
London -8 7 £625 +13.63% 1
Street - 6 - -
Somerset - 6 - -
South West - 6 - -

Vermilion
Top 30 Related IT Skills

For the 6 months to 28 May 2016, IT contractor jobs citing Vermilion 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 Vermilion.

1 13 (50.00%) Business Intelligence
1 13 (50.00%) Business Analysis
1 13 (50.00%) Investment Management
2 12 (46.15%) Finance
2 12 (46.15%) Asset Management
3 10 (38.46%) Data Warehouse
4 8 (30.77%) Windows
4 8 (30.77%) SunGard
4 8 (30.77%) TIBCO
4 8 (30.77%) Hi Portfolio
4 8 (30.77%) Time Management
4 8 (30.77%) Windows Vista
4 8 (30.77%) Spotfire
4 8 (30.77%) Fund Accounting
4 8 (30.77%) IntelliMatch
4 8 (30.77%) People Management
4 8 (30.77%) Translating Business Requirements
5 7 (26.92%) Agile Software Development
6 5 (19.23%) BPR
6 5 (19.23%) SSADM
6 5 (19.23%) DSDM
6 5 (19.23%) SQL
6 5 (19.23%) PRINCE2
6 5 (19.23%) ISO 9000
6 5 (19.23%) Data Analysis
6 5 (19.23%) Investment Banking
6 5 (19.23%) Change Management
6 5 (19.23%) GAP Analysis
6 5 (19.23%) Cost-Benefit Analysis
6 5 (19.23%) Eagle PACE

Vermilion
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:

Business Applications
1 8 (30.77%) Hi Portfolio
1 8 (30.77%) IntelliMatch
2 5 (19.23%) Eagle PACE
Database & Business Intelligence
1 10 (38.46%) Data Warehouse
2 8 (30.77%) Spotfire
General
1 12 (46.15%) Finance
2 5 (19.23%) Banking
2 5 (19.23%) Investment Banking
3 3 (11.54%) Back Office
Job Titles
1 25 (96.15%) Analyst
1 25 (96.15%) Business Analyst
2 11 (42.31%) Report Analyst
3 8 (30.77%) Investment Banking Business Analyst
4 7 (26.92%) Fund Accounting Business Analyst
4 7 (26.92%) Middle Office Analyst
4 7 (26.92%) Middle Office Business Analyst
5 6 (23.08%) Business Systems Analyst
5 6 (23.08%) Implementation Analyst
6 4 (15.38%) Data Business Analyst
7 3 (11.54%) Asset Management Analyst
7 3 (11.54%) Data Warehouse Analyst
7 3 (11.54%) Data Warehouse Business Analyst
7 3 (11.54%) Finance Business Analyst
7 3 (11.54%) Financial Analyst
7 3 (11.54%) Financial Business Analyst
7 3 (11.54%) Financial Services Business Analyst
7 3 (11.54%) Service Analyst
8 2 (7.69%) Business Intelligence Analyst
8 2 (7.69%) Business Intelligence Business Analyst
Miscellaneous
1 4 (15.38%) Analytical Skills
2 1 (3.85%) Management Information System
Operating Systems
1 8 (30.77%) Windows
1 8 (30.77%) Windows Vista
Processes & Methodologies
1 13 (50.00%) Business Analysis
1 13 (50.00%) Business Intelligence
1 13 (50.00%) Investment Management
2 12 (46.15%) Asset Management
3 8 (30.77%) Fund Accounting
3 8 (30.77%) People Management
3 8 (30.77%) Time Management
3 8 (30.77%) Translating Business Requirements
4 7 (26.92%) Agile Software Development
5 5 (19.23%) BPR
5 5 (19.23%) Change Management
5 5 (19.23%) Cost-Benefit Analysis
5 5 (19.23%) Data Analysis
5 5 (19.23%) DSDM
5 5 (19.23%) GAP Analysis
5 5 (19.23%) PRINCE2
5 5 (19.23%) SSADM
6 4 (15.38%) Data Mapping
6 4 (15.38%) Wealth Management
7 2 (7.69%) E-Commerce
Programming Languages
1 5 (19.23%) SQL
2 1 (3.85%) C
Quality Assurance & Compliance
1 5 (19.23%) ISO 9000
Vendors
1 8 (30.77%) SunGard
1 8 (30.77%) TIBCO