Solace Contracts

Solace
UK

The table below provides summary statistics for contract job vacancies requiring knowledge or experience of Solace products and/or services. It includes a benchmarking guide to contractor rates offered in vacancies that cited Solace over the 6 months leading up to 14 June 2024, comparing them to the same period in the previous two years.

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

6 months to
14 Jun 2024
Same period 2023 Same period 2022
Rank 554 650 816
Rank change year-on-year +96 +166 -116
Contract jobs citing Solace 30 47 32
As % of all contract jobs advertised in the UK 0.069% 0.085% 0.037%
As % of the Vendors category 0.16% 0.19% 0.091%
Number of daily rates quoted 24 35 23
10th Percentile £437 £538 £501
25th Percentile £559 £625 £513
Median daily rate (50th Percentile) £798 £700 £600
Median % change year-on-year +13.93% +16.67% -11.11%
75th Percentile £875 £750 £756
90th Percentile £1,200 £765 £800
UK excluding London median daily rate £442 £750 £500
% change year-on-year -41.13% +50.00% +14.81%

All Vendors
UK

Solace falls under the Vendor Products and Services category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring knowledge or experience of all vendor products and services.

Contract vacancies with a requirement for knowledge or experience of vendor products and services 18,504 24,201 35,191
As % of all contract IT jobs advertised in the UK 42.37% 43.57% 40.37%
Number of daily rates quoted 11,474 16,134 23,582
10th Percentile £270 £270 £300
25th Percentile £408 £413 £413
Median daily rate (50th Percentile) £515 £525 £525
Median % change year-on-year -1.90% - +7.69%
75th Percentile £626 £638 £638
90th Percentile £738 £738 £738
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +7.95%
Number of hourly rates quoted 1,161 635 848
10th Percentile £12.25 £15.08 £12.25
25th Percentile £14.50 £19.06 £15.25
Median hourly rate £22.56 £42.50 £21.64
Median % change year-on-year -46.92% +96.40% +5.56%
75th Percentile £57.50 £64.50 £48.75
90th Percentile £70.00 £74.50 £65.00
UK excluding London median hourly rate £21.50 £37.50 £19.50
% change year-on-year -42.67% +92.31% +8.33%

Solace
Job Vacancy Trend

Job postings citing Solace as a proportion of all IT jobs advertised.

Job vacancy trend for Solace in the UK

Solace
Contractor Daily Rate Trend

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

Daily rate trend for Solace in the UK

Solace
Daily Rate Histogram

Daily rate distribution for jobs citing Solace over the 6 months to 14 June 2024.

Daily rate histogram for Solace in the UK

Solace
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Solace within the UK over the 6 months to 14 June 2024. 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
Jobs
England +72 26 £850 +27.82% 4
London +65 20 £850 +30.77% 4
Work from Home +117 9 £1,200 +84.62% 1
UK excluding London +26 7 £442 -41.13% 1
North of England +20 6 £430 -36.76%
Yorkshire - 6 £430 -
Scotland +43 1 £600 -20.00%

Solace
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (3.33%) Apache Airflow
1 1 (3.33%) MQSeries
1 1 (3.33%) SharePoint
Business Applications
1 3 (10.00%) RMDS
2 1 (3.33%) Dynamics AX
2 1 (3.33%) Dynamics CRM
2 1 (3.33%) Markit EDM
Cloud Services
1 6 (20.00%) AWS
2 4 (13.33%) Amazon EC2
2 4 (13.33%) Amazon EKS
2 4 (13.33%) Amazon ELB
2 4 (13.33%) GitHub
3 2 (6.67%) Azure
3 2 (6.67%) Power Platform
4 1 (3.33%) Amazon S3
4 1 (3.33%) AWS Lambda
4 1 (3.33%) Azure Synapse Analytics
4 1 (3.33%) Dagster
4 1 (3.33%) Dynamics 365
4 1 (3.33%) GCP
4 1 (3.33%) iPaaS
4 1 (3.33%) MinIO
4 1 (3.33%) PowerApps
4 1 (3.33%) Serverless
Communications & Networking
1 8 (26.67%) SSL
Database & Business Intelligence
1 8 (26.67%) KDB
2 2 (6.67%) MongoDB
3 1 (3.33%) Data Hub
3 1 (3.33%) Data Lake
3 1 (3.33%) Data Warehouse
3 1 (3.33%) Hazelcast
3 1 (3.33%) NoSQL
3 1 (3.33%) PostgreSQL
3 1 (3.33%) Power BI
3 1 (3.33%) Qlik Sense
3 1 (3.33%) Redis
3 1 (3.33%) SQL Server
3 1 (3.33%) Tableau
Development Applications
1 4 (13.33%) GitLab
1 4 (13.33%) Jenkins
1 4 (13.33%) TeamCity
2 1 (3.33%) kappa
2 1 (3.33%) Poetry
General
1 15 (50.00%) Banking
2 14 (46.67%) Analytical Skills
3 13 (43.33%) Finance
4 6 (20.00%) Social Skills
5 3 (10.00%) Investment Banking
5 3 (10.00%) Public Sector
6 1 (3.33%) Front Office
Job Titles
1 14 (46.67%) Developer
2 10 (33.33%) Java Developer
3 9 (30.00%) Senior
3 9 (30.00%) Senior Developer
4 8 (26.67%) Senior Java Developer
5 6 (20.00%) Low Latency Java Developer
6 4 (13.33%) Lead
7 3 (10.00%) Administrator
7 3 (10.00%) Java Engineer
7 3 (10.00%) Java Software Engineer
7 3 (10.00%) Software Engineer
8 2 (6.67%) Build Engineer
9 1 (3.33%) Architect
9 1 (3.33%) Azure Architect
9 1 (3.33%) Investment Banking Java Developer
9 1 (3.33%) Java Quantitative Developer
9 1 (3.33%) Python Engineer
9 1 (3.33%) Quantitative Developer
9 1 (3.33%) Software Developer
Libraries, Frameworks & Software Standards
1 14 (46.67%) FIX Protocol
2 10 (33.33%) Kafka
3 8 (26.67%) ActiveMQ
3 8 (26.67%) Middleware
3 8 (26.67%) Rendezvous
4 4 (13.33%) HTML
4 4 (13.33%) HTML5
4 4 (13.33%) React
5 3 (10.00%) Ultra Messaging
5 3 (10.00%) XML
6 2 (6.67%) .NET
7 1 (3.33%) Apache Camel
7 1 (3.33%) Great Expectations
7 1 (3.33%) Guice
7 1 (3.33%) J2EE
7 1 (3.33%) OpenFin
7 1 (3.33%) scikit-learn
7 1 (3.33%) Spring
Miscellaneous
1 11 (36.67%) Foreign Exchange (FX)
2 6 (20.00%) Self-Motivation
3 5 (16.67%) Management Information System
4 4 (13.33%) Fixed Income
5 1 (3.33%) Distributed Computing
5 1 (3.33%) Equities
5 1 (3.33%) Reference Data
Operating Systems
1 16 (53.33%) Linux
2 9 (30.00%) Unix
2 9 (30.00%) Windows
Processes & Methodologies
1 15 (50.00%) Low Latency
2 13 (43.33%) DevOps
3 12 (40.00%) Electronic Trading
4 9 (30.00%) CI/CD
4 9 (30.00%) Problem-Solving
5 8 (26.67%) Change Management
5 8 (26.67%) ITIL
5 8 (26.67%) ITSM
5 8 (26.67%) SDLC
6 7 (23.33%) OO
6 7 (23.33%) Ultra-Low Latency
7 5 (16.67%) Agile
7 5 (16.67%) E-Commerce
7 5 (16.67%) Performance Optimisation
7 5 (16.67%) Software Engineering
8 4 (13.33%) Algorithmic Trading
8 4 (13.33%) Migration
8 4 (13.33%) Scrum
8 4 (13.33%) TDD
9 3 (10.00%) BDD
Programming Languages
1 19 (63.33%) Java
2 9 (30.00%) Python
3 7 (23.33%) SQL
4 5 (16.67%) JavaScript
5 4 (13.33%) Groovy
6 3 (10.00%) Perl
6 3 (10.00%) PowerShell
6 3 (10.00%) Scala
7 2 (6.67%) Shell Script
8 1 (3.33%) PyPy
Qualifications
1 3 (10.00%) CCNA
1 3 (10.00%) Cisco Certification
2 1 (3.33%) Security Cleared
Quality Assurance & Compliance
1 2 (6.67%) QA
Systems Management
1 12 (40.00%) Ansible
2 3 (10.00%) ITRS Geneos
Vendors
1 12 (40.00%) TIBCO
2 10 (33.33%) IBM
3 8 (26.67%) ServiceNow
4 3 (10.00%) Cisco
4 3 (10.00%) ION Trading
5 2 (6.67%) Bloomberg
5 2 (6.67%) Google
5 2 (6.67%) Oracle
6 1 (3.33%) Confluent
6 1 (3.33%) Microsoft
6 1 (3.33%) MuleSoft
6 1 (3.33%) SAP