Period
to 15 November 2019

The table below looks at the prevalence of the term Algorithms in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Algorithms over the 6 months to 15 November 2019 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Algorithms
Central London > City of London
6 months to
15 Nov 2019
Same period 2018 Same period 2017
Rank 144 148 169
Rank change year-on-year +4 +21 +10
Contract jobs citing Algorithms 83 106 88
As % of all contract IT jobs advertised in the City of London 1.41% 1.50% 1.23%
As % of the Miscellaneous category 4.44% 3.78% 2.91%
Number of daily rates quoted 66 74 75
City of London median daily rate £575 £600 £650
Median daily rate % change year-on-year -4.17% -7.69% +15.56%
10th Percentile £431 £413 £463
90th Percentile £738 £785 £813
Central London median daily rate £575 £575 £600
% change year-on-year - -4.17% +2.13%
Number of hourly rates quoted 2 0 0
City of London median hourly rate £28.28 - -
Central London median hourly rate £28.28 - -

Algorithms is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for generic IT skills.

All Generic IT Skills
City of London
Contract vacancies with a requirement for generic IT skills 1,871 2,804 3,025
As % of all contract IT jobs advertised in the City of London 31.80% 39.77% 42.43%
Number of daily rates quoted 1,427 2,185 2,331
City of London median daily rate £525 £525 £525
10th Percentile £300 £291 £315
90th Percentile £700 £713 £713
Central London median daily rate £525 £525 £525
Number of hourly rates quoted 28 61 38
City of London median hourly rate £20.92 £19.50 £21.71
Median hourly rate % change year-on-year +7.26% -10.17% +14.25%
10th Percentile £12.53 £13.31 £12.93
90th Percentile £51.55 £37.09 £33.25
Central London median hourly rate £21.00 £19.50 £21.20
% change year-on-year +7.69% -8.02% +21.14%

Algorithms
Job Vacancy Trend in the City of London

Job postings citing Algorithms as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Algorithms in the City of London

Algorithms
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Algorithms in the City of London.

Contractor daily rate trend for Algorithms in the City of London

Algorithms
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Algorithms in the City of London over the 6 months to 15 November 2019.

Contractor daily rate histogram for Algorithms in the City of London

Algorithms
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Algorithms in the City of London.

Contractor hourly rate trend for Algorithms in the City of London

Algorithms
Contractor Hourly Rate Histogram in the City of London

The hourly rate distribution of IT jobs citing Algorithms in the City of London over the 6 months to 15 November 2019.

Contractor hourly rate histogram for Algorithms in the City of London

Algorithms
Contract Job Locations in the City of London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Algorithms within the City of London region over the 6 months to 15 November 2019. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Moorgate - 4 £575 -
Algorithms
Central London

For the 6 months to 15 November 2019, IT contractor jobs citing Algorithms also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region with a requirement for Algorithms.

1 49 (59.04%) Python
2 40 (48.19%) Machine Learning
2 40 (48.19%) Data Science
3 34 (40.96%) Java
4 26 (31.33%) Artificial Intelligence
5 24 (28.92%) AWS
6 22 (26.51%) Data Structures
6 22 (26.51%) Agile Software Development
7 20 (24.10%) SQL
7 20 (24.10%) Analytics
8 18 (21.69%) Hadoop
9 17 (20.48%) Big Data
9 17 (20.48%) Computer Science
10 16 (19.28%) C++
10 16 (19.28%) R
10 16 (19.28%) Natural Language Processing
11 15 (18.07%) Apache Spark
12 14 (16.87%) Finance
13 13 (15.66%) TDD
13 13 (15.66%) Analytical Skills
13 13 (15.66%) Azure
14 12 (14.46%) Scala
14 12 (14.46%) Microservices
14 12 (14.46%) Degree
14 12 (14.46%) Problem-Solving
15 11 (13.25%) Mathematics
15 11 (13.25%) NoSQL
15 11 (13.25%) Elasticsearch
16 10 (12.05%) Banking
16 10 (12.05%) OO

Algorithms
Co-occurring IT Skills in the City of London 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 15 (18.07%) Apache Spark
2 11 (13.25%) Elasticsearch
3 2 (2.41%) Cloud Foundry
3 2 (2.41%) Confluence
3 2 (2.41%) Ethereum
3 2 (2.41%) Hyperledger
3 2 (2.41%) Jupyter
3 2 (2.41%) OpenStack
4 1 (1.20%) Apache Airflow
Applications
1 3 (3.61%) Microsoft Excel
Business Applications
1 2 (2.41%) Distributed Ledger
1 2 (2.41%) R3 Corda
2 1 (1.20%) FINCAD Analytics
Cloud Services
1 24 (28.92%) AWS
2 13 (15.66%) Azure
3 9 (10.84%) GCP
4 5 (6.02%) Power Platform
5 4 (4.82%) Amazon S3
5 4 (4.82%) Amazon SageMaker
6 3 (3.61%) Cloud Computing
7 2 (2.41%) Amazon EC2
7 2 (2.41%) Amazon ELB
7 2 (2.41%) AWS Lambda
7 2 (2.41%) IaaS
7 2 (2.41%) OpenShift
7 2 (2.41%) PaaS
7 2 (2.41%) SaaS
7 2 (2.41%) Serverless
8 1 (1.20%) Amazon Kinesis
8 1 (1.20%) Amazon SQS
8 1 (1.20%) AWS CloudFormation
8 1 (1.20%) AWS Step Functions
8 1 (1.20%) Google Analytics
Communications & Networking
1 2 (2.41%) Peer-to-Peer Networking
1 2 (2.41%) VPN
Database & Business Intelligence
1 18 (21.69%) Hadoop
2 17 (20.48%) Big Data
3 11 (13.25%) NoSQL
4 8 (9.64%) Apache Hive
5 6 (7.23%) Neo4j
6 5 (6.02%) PostgreSQL
6 5 (6.02%) Power BI
6 5 (6.02%) Relational Database
7 4 (4.82%) Impala
7 4 (4.82%) Redis
8 3 (3.61%) BigQuery
8 3 (3.61%) Data Lake
9 2 (2.41%) Blockchain
9 2 (2.41%) MongoDB
9 2 (2.41%) MySQL
9 2 (2.41%) SQL Server
10 1 (1.20%) Amazon Redshift
10 1 (1.20%) HBase
10 1 (1.20%) KDB
10 1 (1.20%) Presto
Development Applications
1 4 (4.82%) Git (software)
1 4 (4.82%) JUnit
1 4 (4.82%) TestNG
2 2 (2.41%) Jenkins
2 2 (2.41%) JIRA
2 2 (2.41%) Subversion
2 2 (2.41%) TeamCity
3 1 (1.20%) Cucumber
3 1 (1.20%) Maven
General
1 14 (16.87%) Finance
2 10 (12.05%) Banking
3 5 (6.02%) Investment Banking
4 4 (4.82%) Law
4 4 (4.82%) Marketing
4 4 (4.82%) Publishing
5 3 (3.61%) Front Office
6 2 (2.41%) Advertising
6 2 (2.41%) Legal
6 2 (2.41%) Public Sector
7 1 (1.20%) Games
7 1 (1.20%) Manufacturing
7 1 (1.20%) Retail
Job Titles
1 34 (40.96%) Developer
2 23 (27.71%) Data Scientist
3 11 (13.25%) Data Engineer
4 10 (12.05%) Java Developer
4 10 (12.05%) Python Developer
4 10 (12.05%) Python Engineer
5 6 (7.23%) Machine Learning Scientist
6 5 (6.02%) Senior Developer
7 4 (4.82%) Analyst
7 4 (4.82%) AWS Developer
7 4 (4.82%) Data Analyst
7 4 (4.82%) Elasticsearch Developer
8 3 (3.61%) Architect
8 3 (3.61%) C# Developer
8 3 (3.61%) Data Architect
8 3 (3.61%) Investment Banking Java Developer
8 3 (3.61%) Senior Data Engineer
8 3 (3.61%) Software Engineer
9 2 (2.41%) .NET Developer
9 2 (2.41%) Blockchain Developer
Libraries, Frameworks & Software Standards
1 16 (19.28%) Natural Language Processing
2 8 (9.64%) REST
2 8 (9.64%) RESTful
2 8 (9.64%) scikit-learn
3 6 (7.23%) Kafka
3 6 (7.23%) NumPy
4 5 (6.02%) AngularJS
5 4 (4.82%) .NET
5 4 (4.82%) MLlib
5 4 (4.82%) Node.js
5 4 (4.82%) Play Framework
5 4 (4.82%) PySpark
5 4 (4.82%) Spring
5 4 (4.82%) TensorFlow
6 3 (3.61%) Flask
6 3 (3.61%) OpenNLP
6 3 (3.61%) Pandas
6 3 (3.61%) React
6 3 (3.61%) SciPy
6 3 (3.61%) Web Services
Miscellaneous
1 22 (26.51%) Data Structures
2 13 (15.66%) Analytical Skills
3 5 (6.02%) User Experience
4 4 (4.82%) Greenfield Project
4 4 (4.82%) Market Risk
5 2 (2.41%) NHS
5 2 (2.41%) Self-Motivation
6 1 (1.20%) Blog
6 1 (1.20%) Derivative
6 1 (1.20%) Equities
6 1 (1.20%) Fixed Income
6 1 (1.20%) Foreign Exchange (FX)
6 1 (1.20%) Hedge funds
6 1 (1.20%) Industry 4.0
6 1 (1.20%) Linked Data
6 1 (1.20%) Online Games
6 1 (1.20%) Robotics
6 1 (1.20%) Social Media
6 1 (1.20%) Spread Betting
Operating Systems
1 4 (4.82%) Linux
2 1 (1.20%) Unix
Processes & Methodologies
1 40 (48.19%) Data Science
1 40 (48.19%) Machine Learning
2 26 (31.33%) Artificial Intelligence
3 22 (26.51%) Agile Software Development
4 20 (24.10%) Analytics
5 17 (20.48%) Computer Science
6 13 (15.66%) TDD
7 12 (14.46%) Microservices
7 12 (14.46%) Problem-Solving
8 11 (13.25%) Mathematics
9 10 (12.05%) OO
10 9 (10.84%) Complexity Analysis
10 9 (10.84%) Data Modelling
10 9 (10.84%) Open Source
10 9 (10.84%) Statistics
11 8 (9.64%) Data Analysis
11 8 (9.64%) Deep Learning
11 8 (9.64%) DevOps
11 8 (9.64%) Software Engineering
11 8 (9.64%) Test Automation
Programming Languages
1 49 (59.04%) Python
2 34 (40.96%) Java
3 20 (24.10%) SQL
4 16 (19.28%) C++
4 16 (19.28%) R
5 12 (14.46%) Scala
6 9 (10.84%) JavaScript
7 7 (8.43%) C
7 7 (8.43%) C#
7 7 (8.43%) Java 8
8 5 (6.02%) MATLAB
9 1 (1.20%) ES6
9 1 (1.20%) Go
9 1 (1.20%) HiveQL
9 1 (1.20%) PHP
Qualifications
1 12 (14.46%) Degree
2 8 (9.64%) PhD
3 5 (6.02%) Numerate Degree
4 3 (3.61%) Computer Science Degree
5 2 (2.41%) Master's Degree
Quality Assurance & Compliance
1 2 (2.41%) Data Quality
1 2 (2.41%) QA
System Software
1 7 (8.43%) Docker
2 3 (3.61%) HDFS
3 1 (1.20%) Apache ZooKeeper
Systems Management
1 5 (6.02%) Kubernetes
2 2 (2.41%) Ansible
2 2 (2.41%) Kibana
2 2 (2.41%) Puppet
3 1 (1.20%) Hadoop YARN
3 1 (1.20%) Terraform
Vendors
1 7 (8.43%) Google
2 5 (6.02%) Tableau
3 3 (3.61%) Cloudera
4 2 (2.41%) Microsoft
4 2 (2.41%) Oracle
5 1 (1.20%) Ab Initio
5 1 (1.20%) Automation Anywhere
5 1 (1.20%) Bloomberg
5 1 (1.20%) Blue Prism
5 1 (1.20%) Dataiku
5 1 (1.20%) Facebook
5 1 (1.20%) Teradata
5 1 (1.20%) UiPath
5 1 (1.20%) Zend