Period
to 8 August 2020

The table below looks at the prevalence of the term Algorithms in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Algorithms over the 6 months to 8 August 2020 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
England > London
6 months to
8 Aug 2020
Same period 2019 Same period 2018
Rank 203 209 182
Rank change year-on-year +6 -27 +86
Contract jobs citing Algorithms 183 511 706
As % of all contract jobs advertised in London 1.20% 1.28% 1.54%
As % of the Miscellaneous category 3.11% 3.69% 4.27%
Number of daily rates quoted 116 376 455
Median daily rate £611 £575 £550
Median daily rate % change year-on-year +6.26% +4.55% -4.35%
10th Percentile £400 £413 £413
90th Percentile £750 £725 £700
England median daily rate £550 £550 £550
Number of hourly rates quoted 6 9 8
Median hourly rate £48.25 £44.57 £45.00
Median hourly rate % change year-on-year +8.27% -0.97% -
10th Percentile £37.75 £38.75 £8.00
90th Percentile £78.13 £51.75 £51.25
England median hourly rate £47.00 £44.57 £24.00
% change year-on-year +5.46% +85.69% +59.26%

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 London with a requirement for generic IT skills.

All Generic IT Skills
London
Contract vacancies with a requirement for generic IT skills 5,885 13,856 16,540
As % of all contract IT jobs advertised in London 38.51% 34.62% 36.14%
Number of daily rates quoted 4,107 9,659 11,755
Median daily rate £525 £525 £513
Median daily rate % change year-on-year - +2.44% +2.50%
10th Percentile £315 £325 £313
90th Percentile £750 £700 £700
England median daily rate £500 £475 £475
% change year-on-year +5.26% - +5.56%
Number of hourly rates quoted 131 219 257
Median hourly rate £35.00 £24.50 £22.95
Median hourly rate % change year-on-year +42.86% +6.75% +4.56%
10th Percentile £15.94 £13.45 £13.28
90th Percentile £51.75 £53.75 £52.25
Median hourly rate £34.00 £21.00 £21.50
% change year-on-year +61.90% -2.33% +7.50%

Algorithms
Job Vacancy Trend in London

Job postings citing Algorithms as a proportion of all IT jobs advertised in London.

Job vacancy trend for Algorithms in London

Algorithms
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Algorithms in London.

Daily rate trend for Algorithms in London

Algorithms
Daily Rate Histogram in London

Daily rate distribution for jobs citing Algorithms in London over the 6 months to 8 August 2020.

Daily rate histogram for Algorithms in London

Algorithms
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Algorithms in London.

Hourly rate trend for Algorithms in London

Algorithms
Hourly Rate Histogram in London

Hourly rate distribution of jobs citing Algorithms in London over the 6 months to 8 August 2020.

Hourly rate histogram for Algorithms in London

Algorithms
Contract Job Locations in 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 London region over the 6 months to 8 August 2020. 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
Central London +41 30 £650 +13.04% 38
West London +48 13 £513 -2.38% 10
East London +17 3 £498 -9.55% 4
South London +42 2 £675 -20.59% 1
Algorithms
England

For the 6 months to 8 August 2020, 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 London region with a requirement for Algorithms.

1 94 (51.37%) Python
2 67 (36.61%) Java
3 64 (34.97%) Agile Software Development
4 61 (33.33%) Machine Learning
5 60 (32.79%) Data Science
6 48 (26.23%) Analytical Skills
7 45 (24.59%) Analytics
8 44 (24.04%) Big Data
8 44 (24.04%) Computer Science
9 43 (23.50%) SQL
10 41 (22.40%) Data Structures
11 39 (21.31%) Finance
12 37 (20.22%) Apache Spark
12 37 (20.22%) Problem-Solving
13 35 (19.13%) Linux
14 33 (18.03%) Degree
14 33 (18.03%) Artificial Intelligence
15 32 (17.49%) Mathematics
15 32 (17.49%) GCP
16 31 (16.94%) AWS
17 30 (16.39%) Multithreading
18 28 (15.30%) Azure
18 28 (15.30%) Banking
19 27 (14.75%) JavaScript
20 26 (14.21%) Hadoop
20 26 (14.21%) Test Automation
21 24 (13.11%) Pandas
21 24 (13.11%) Deep Learning
22 23 (12.57%) Scala
22 23 (12.57%) TDD

Algorithms
Co-occurring IT Skills in 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 37 (20.22%) Apache Spark
2 6 (3.28%) Oracle Workflow
3 4 (2.19%) Apache Airflow
3 4 (2.19%) Jupyter
4 3 (1.64%) SAS
5 2 (1.09%) Elasticsearch
6 1 (0.55%) Apache
6 1 (0.55%) CMS
Applications
1 4 (2.19%) Microsoft Excel
2 3 (1.64%) Microsoft PowerPoint
3 1 (0.55%) Blender
3 1 (0.55%) Chatbot
3 1 (0.55%) Maya
3 1 (0.55%) Simulink
3 1 (0.55%) Windchill
Business Applications
1 1 (0.55%) Advent Geneva
1 1 (0.55%) FINCAD Analytics
Cloud Services
1 32 (17.49%) GCP
2 31 (16.94%) AWS
3 28 (15.30%) Azure
4 6 (3.28%) Cloud Computing
4 6 (3.28%) Serverless
5 5 (2.73%) Heroku
6 4 (2.19%) Amazon S3
6 4 (2.19%) AWS CloudFormation
7 3 (1.64%) Office 365
7 3 (1.64%) OpenShift
8 2 (1.09%) Amazon EC2
8 2 (1.09%) Amazon ECS
8 2 (1.09%) GitHub
8 2 (1.09%) Power Platform
9 1 (0.55%) Amazon EMR
9 1 (0.55%) Amazon Kinesis
9 1 (0.55%) Amazon SQS
9 1 (0.55%) AWS Step Functions
9 1 (0.55%) IaaS
9 1 (0.55%) PaaS
Communications & Networking
1 9 (4.92%) Internet
2 5 (2.73%) Firewall
2 5 (2.73%) S/MIME
2 5 (2.73%) SSL
3 4 (2.19%) Network Security
3 4 (2.19%) TCP/IP
4 2 (1.09%) DMZ
4 2 (1.09%) Intranet
4 2 (1.09%) VPN
4 2 (1.09%) WAN
4 2 (1.09%) Wireless
5 1 (0.55%) DSL
5 1 (0.55%) HTTP
5 1 (0.55%) Wi-Fi
Database & Business Intelligence
1 44 (24.04%) Big Data
2 26 (14.21%) Hadoop
3 21 (11.48%) SQL Server
4 17 (9.29%) Data Mining
5 16 (8.74%) NoSQL
6 10 (5.46%) MongoDB
7 8 (4.37%) Data Warehouse
7 8 (4.37%) PostgreSQL
8 7 (3.83%) Data Lake
9 6 (3.28%) Flink
9 6 (3.28%) Spark SQL
10 4 (2.19%) Apache Cassandra
10 4 (2.19%) Apache Hive
10 4 (2.19%) OLAP
10 4 (2.19%) OLAP Cube
10 4 (2.19%) Oracle OLAP
11 3 (1.64%) Amazon Redshift
11 3 (1.64%) Enterprise Data Warehouse
11 3 (1.64%) Oracle Reports
11 3 (1.64%) Relational Database
Development Applications
1 16 (8.74%) Git (software)
2 8 (4.37%) Jenkins
3 7 (3.83%) webpack
4 6 (3.28%) JUnit
4 6 (3.28%) Sonatype Nexus
5 3 (1.64%) Cucumber
5 3 (1.64%) Subversion
6 2 (1.09%) CircleCI
6 2 (1.09%) GitLab
6 2 (1.09%) JIRA
7 1 (0.55%) Maven
7 1 (0.55%) Mockito
7 1 (0.55%) Rational Rhapsody
7 1 (0.55%) Visual Studio
General
1 39 (21.31%) Finance
2 28 (15.30%) Banking
3 20 (10.93%) Front Office
4 15 (8.20%) Investment Banking
5 14 (7.65%) Marketing
6 9 (4.92%) Retail
7 4 (2.19%) Telecoms
8 3 (1.64%) Electronics
8 3 (1.64%) Law
8 3 (1.64%) Pharmaceutical
9 2 (1.09%) Back Office
9 2 (1.09%) Games
9 2 (1.09%) Legal
9 2 (1.09%) Manufacturing
10 1 (0.55%) Aerospace
10 1 (0.55%) Automotive
10 1 (0.55%) German Language
10 1 (0.55%) Military
10 1 (0.55%) Public Sector
10 1 (0.55%) Publishing
Job Titles
1 76 (41.53%) Developer
2 40 (21.86%) Data Scientist
3 35 (19.13%) Java Developer
4 17 (9.29%) Python Developer
5 16 (8.74%) Electronic Trading Developer
6 15 (8.20%) Electronic Trading Java Developer
7 12 (6.56%) Data Engineer
8 9 (4.92%) Architect
9 8 (4.37%) Consultant
9 8 (4.37%) Senior Developer
10 6 (3.28%) Digital Developer
10 6 (3.28%) Investment Banking Java Developer
10 6 (3.28%) Senior Data Scientist
10 6 (3.28%) Software Engineer
11 5 (2.73%) Applications Architect
11 5 (2.73%) Data Consultant
11 5 (2.73%) Machine Learning Engineer
11 5 (2.73%) Node.js Developer
11 5 (2.73%) Security Architect
12 4 (2.19%) Front Office Developer
Libraries, Frameworks & Software Standards
1 24 (13.11%) Pandas
2 22 (12.02%) TensorFlow
3 16 (8.74%) React
4 15 (8.20%) FIX Protocol
4 15 (8.20%) SciPy
5 14 (7.65%) PySpark
6 13 (7.10%) AngularJS
6 13 (7.10%) CSS
7 12 (6.56%) Natural Language Processing
7 12 (6.56%) REST
8 11 (6.01%) H2O
8 11 (6.01%) MLlib
9 10 (5.46%) NumPy
9 10 (5.46%) scikit-learn
10 9 (4.92%) Jest
10 9 (4.92%) Spring
11 8 (4.37%) Kafka
11 8 (4.37%) Node.js
11 8 (4.37%) Redux
11 8 (4.37%) Spring Boot
Miscellaneous
1 48 (26.23%) Analytical Skills
2 41 (22.40%) Data Structures
3 20 (10.93%) User Experience
4 13 (7.10%) Fixed Income
5 12 (6.56%) Foreign Exchange (FX)
6 11 (6.01%) PKI
7 8 (4.37%) Analytical Mindset
8 7 (3.83%) Equities
9 6 (3.28%) Derivative
9 6 (3.28%) FMCG
9 6 (3.28%) Self-Motivation
9 6 (3.28%) Social Media
10 4 (2.19%) Blog
11 3 (1.64%) Cloud Native
11 3 (1.64%) CUDA
11 3 (1.64%) Data Centre
11 3 (1.64%) Greenfield Project
11 3 (1.64%) Robotics
12 2 (1.09%) Internet of Things
12 2 (1.09%) Lidar
Operating Systems
1 35 (19.13%) Linux
2 11 (6.01%) Unix
3 4 (2.19%) Windows
4 2 (1.09%) Apple iOS
5 1 (0.55%) Android
Processes & Methodologies
1 64 (34.97%) Agile Software Development
2 61 (33.33%) Machine Learning
3 60 (32.79%) Data Science
4 45 (24.59%) Analytics
5 44 (24.04%) Computer Science
6 37 (20.22%) Problem-Solving
7 33 (18.03%) Artificial Intelligence
8 32 (17.49%) Mathematics
9 30 (16.39%) Multithreading
10 26 (14.21%) Test Automation
11 24 (13.11%) Deep Learning
12 23 (12.57%) TDD
13 22 (12.02%) Open Source
14 21 (11.48%) Data Analysis
14 21 (11.48%) OO
14 21 (11.48%) Statistics
14 21 (11.48%) Visualisation
15 20 (10.93%) Electronic Trading
15 20 (10.93%) Multithreaded Programming
15 20 (10.93%) Software Engineering
Programming Languages
1 94 (51.37%) Python
2 67 (36.61%) Java
3 43 (23.50%) SQL
4 27 (14.75%) JavaScript
5 23 (12.57%) Scala
6 22 (12.02%) C++
7 16 (8.74%) Java 8
8 15 (8.20%) C#
9 14 (7.65%) R
10 13 (7.10%) TypeScript
11 8 (4.37%) Bash Shell
12 7 (3.83%) Go
13 6 (3.28%) ES6
14 5 (2.73%) Kotlin
15 4 (2.19%) C
15 4 (2.19%) VBA
16 3 (1.64%) Groovy
16 3 (1.64%) PHP
16 3 (1.64%) VB
17 2 (1.09%) T-SQL
Qualifications
1 33 (18.03%) Degree
2 13 (7.10%) Numerate Degree
3 8 (4.37%) PhD
4 7 (3.83%) Computer Science Degree
4 7 (3.83%) Master's Degree
5 5 (2.73%) Security Cleared
6 3 (1.64%) CISSP
6 3 (1.64%) DV Cleared
7 1 (0.55%) BPSS Clearance
7 1 (0.55%) SC Cleared
Quality Assurance & Compliance
1 10 (5.46%) QA
2 5 (2.73%) Data Quality
System Software
1 13 (7.10%) Docker
2 2 (1.09%) Active Directory
2 2 (1.09%) HDFS
Systems Management
1 16 (8.74%) Kubernetes
2 13 (7.10%) Terraform
3 3 (1.64%) CASB
4 1 (0.55%) Hadoop YARN
4 1 (0.55%) Istio
4 1 (0.55%) Opscode Chef
Vendors
1 21 (11.48%) Oracle
2 10 (5.46%) Google
2 10 (5.46%) Tableau
3 9 (4.92%) Teradata
4 7 (3.83%) ION Trading
5 6 (3.28%) Veracode
6 4 (2.19%) Microsoft
7 3 (1.64%) Bloomberg
7 3 (1.64%) Solace
8 2 (1.09%) Cisco
8 2 (1.09%) Cognizant
8 2 (1.09%) Confluent
8 2 (1.09%) Sybase
9 1 (0.55%) Advent
9 1 (0.55%) DevExpress
9 1 (0.55%) Dynatrace
9 1 (0.55%) Hortonworks
9 1 (0.55%) SAP
9 1 (0.55%) Splunk
9 1 (0.55%) StreamSets