Period
to 15 August 2018

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Predictive Modelling skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Predictive Modelling over the 6 months to 15 August 2018 with a comparison to the same period in 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.

Predictive Modelling
Central London > City of London
6 months to
15 Aug 2018
Same period 2017 Same period 2016
Rank 242 228 208
Rank change year-on-year -14 -20 +83
Contract jobs citing Predictive Modelling 18 12 25
As % of all contract IT jobs advertised in the City of London 0.26% 0.18% 0.37%
As % of the Processes & Methodologies category 0.30% 0.21% 0.42%
Number of daily rates quoted 9 9 23
City of London median daily rate £600 £475 £450
Median daily rate % change year-on-year +26.32% +5.56% -18.18%
10th Percentile £430 £401 £425
90th Percentile £700 £628 £485
Central London median daily rate £600 £463 £450
% change year-on-year +29.73% +2.78% -18.18%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

Predictive Modelling is in the Processes and Methodologies 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 process or methodology skills.

All Process and Methodology Skills
City of London
Contract vacancies with a requirement for process or methodology skills 6,095 5,825 5,968
As % of all contract IT jobs advertised in the City of London 87.28% 88.80% 87.87%
Number of daily rates quoted 4,829 4,488 4,804
City of London median daily rate £513 £500 £475
Median daily rate % change year-on-year +2.50% +5.26% +5.56%
10th Percentile £331 £320 £313
90th Percentile £688 £675 £650
Central London median daily rate £500 £500 £470
% change year-on-year - +6.38% +4.44%
Number of hourly rates quoted 105 58 45
City of London median hourly rate £18.70 £20.52 £20.00
Median hourly rate % change year-on-year -8.87% +2.60% -4.76%
10th Percentile £13.31 £13.34 £11.25
90th Percentile £29.42 £30.98 £45.63
Central London median hourly rate £18.70 £18.70 £20.00
% change year-on-year - -6.50% -4.76%

Predictive Modelling
Job Vacancy Trend in the City of London

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

Job vacancy trend for Predictive Modelling in the City of London

Predictive Modelling
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 Predictive Modelling in the City of London.

Contractor daily rate trend for Predictive Modelling in the City of London

Predictive Modelling
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Predictive Modelling in the City of London over the 6 months to 15 August 2018.

Contractor daily rate histogram for Predictive Modelling in the City of London

For the 6 months to 15 August 2018, IT contractor jobs citing Predictive Modelling 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 Predictive Modelling.

1 17 (94.44%) Data Science
2 12 (66.67%) Python
2 12 (66.67%) Machine Learning
3 11 (61.11%) Big Data
3 11 (61.11%) Hadoop
4 10 (55.56%) Problem-Solving
4 10 (55.56%) Analytics
4 10 (55.56%) Algorithms
5 9 (50.00%) R
5 9 (50.00%) SQL
5 9 (50.00%) Finance
6 8 (44.44%) MATLAB
6 8 (44.44%) Statistics
7 7 (38.89%) Mathematics
8 6 (33.33%) Applied Mathematics
8 6 (33.33%) Natural Language Processing
8 6 (33.33%) Analytical Skills
9 5 (27.78%) Apache Spark
9 5 (27.78%) Data Quality
9 5 (27.78%) MongoDB
9 5 (27.78%) Apache Cassandra
9 5 (27.78%) NoSQL
9 5 (27.78%) Kafka
9 5 (27.78%) Visualisation
9 5 (27.78%) Degree
9 5 (27.78%) SAS
9 5 (27.78%) Artificial Intelligence
10 4 (22.22%) Data Modelling
10 4 (22.22%) Data Mining
10 4 (22.22%) Statistical Analysis

Predictive Modelling
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 5 (27.78%) Apache Spark
1 5 (27.78%) SAS
Applications
1 2 (11.11%) Microsoft Excel
1 2 (11.11%) Microsoft PowerPoint
Database & Business Intelligence
1 11 (61.11%) Big Data
1 11 (61.11%) Hadoop
2 5 (27.78%) Apache Cassandra
2 5 (27.78%) MongoDB
2 5 (27.78%) NoSQL
3 4 (22.22%) Data Mining
3 4 (22.22%) Relational Database
4 3 (16.67%) HBase
4 3 (16.67%) Sqoop
5 2 (11.11%) Apache Hive
5 2 (11.11%) RDBMS
5 2 (11.11%) SQL Server
6 1 (5.56%) Amazon Redshift
6 1 (5.56%) OLAP
6 1 (5.56%) Power BI
Development Applications
1 1 (5.56%) JIRA
General
1 9 (50.00%) Finance
2 3 (16.67%) Marketing
3 2 (11.11%) Retail
4 1 (5.56%) Banking
Job Titles
1 10 (55.56%) Data Scientist
2 5 (27.78%) Analyst
3 3 (16.67%) Scrum Master
4 2 (11.11%) Customer Analyst
4 2 (11.11%) Customer Insight Analyst
4 2 (11.11%) Data Engineer
4 2 (11.11%) Hadoop Engineer
4 2 (11.11%) Information Analyst
4 2 (11.11%) Insight Analyst
4 2 (11.11%) Python Engineer
5 1 (5.56%) Big Data Engineer
5 1 (5.56%) Data Analyst
5 1 (5.56%) Information Scientist
5 1 (5.56%) NHS Information Analyst
5 1 (5.56%) Senior Data Scientist
5 1 (5.56%) Statistical Analyst
Libraries, Frameworks & Software Standards
1 6 (33.33%) Natural Language Processing
2 5 (27.78%) Kafka
3 2 (11.11%) TensorFlow
3 2 (11.11%) Torch
Miscellaneous
1 10 (55.56%) Algorithms
2 6 (33.33%) Analytical Skills
3 2 (11.11%) Greenfield Project
3 2 (11.11%) User Experience
4 1 (5.56%) Data Structures
4 1 (5.56%) Management Information System
4 1 (5.56%) NHS
4 1 (5.56%) Self-Motivation
Processes & Methodologies
1 17 (94.44%) Data Science
2 12 (66.67%) Machine Learning
3 10 (55.56%) Analytics
3 10 (55.56%) Problem-Solving
4 8 (44.44%) Statistics
5 7 (38.89%) Mathematics
6 6 (33.33%) Applied Mathematics
7 5 (27.78%) Artificial Intelligence
7 5 (27.78%) Visualisation
8 4 (22.22%) Data Modelling
8 4 (22.22%) Linear Regression
8 4 (22.22%) Random Forest
8 4 (22.22%) Statistical Analysis
9 3 (16.67%) Complexity Analysis
9 3 (16.67%) Convolutional Neural Network
9 3 (16.67%) Data Ingestion
9 3 (16.67%) Prototyping
9 3 (16.67%) Quantitative Research
9 3 (16.67%) Regulatory Compliance
9 3 (16.67%) Sentiment Analysis
Programming Languages
1 12 (66.67%) Python
2 9 (50.00%) R
2 9 (50.00%) SQL
3 8 (44.44%) MATLAB
4 2 (11.11%) Java
4 2 (11.11%) Julia
4 2 (11.11%) PL/SQL
Qualifications
1 5 (27.78%) Degree
2 3 (16.67%) PhD
3 2 (11.11%) Master's Degree
3 2 (11.11%) Numerate Degree
4 1 (5.56%) BPSS Clearance
Quality Assurance & Compliance
1 5 (27.78%) Data Quality
2 3 (16.67%) QA
System Software
1 3 (16.67%) Apache Flume
Vendors
1 4 (22.22%) Hortonworks
2 2 (11.11%) Microsoft
2 2 (11.11%) Oracle