Torch Contracts

Torch Scientific Computing Framework
UK

The following table provides summary statistics for contract job vacancies with a requirement for Torch skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Torch over the 6 months to 31 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
31 May 2024
Same period 2023 Same period 2022
Rank 563 690 844
Rank change year-on-year +127 +154 -133
Contract jobs citing Torch 4 4 3
As % of all contract jobs advertised in the UK 0.009% 0.007% 0.003%
As % of the Libraries, Frameworks & Software Standards category 0.044% 0.031% 0.013%
Number of daily rates quoted 3 1 3
10th Percentile £549 - -
25th Percentile £585 - -
Median daily rate (50th Percentile) £645 £750 £600
Median % change year-on-year -14.00% +25.00% -
75th Percentile - - -
90th Percentile - - -
UK excluding London median daily rate - - -

All Software Libraries and Frameworks
UK

Torch is in the Software Libraries and Frameworks category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for technical specification, industry standards, software libraries and framework skills.

Contract vacancies with a requirement for technical specification, industry standards, software libraries and framework skills 9,049 12,845 23,617
As % of all contract IT jobs advertised in the UK 21.05% 22.91% 26.95%
Number of daily rates quoted 6,277 9,367 17,366
10th Percentile £350 £400 £400
25th Percentile £425 £463 £463
Median daily rate (50th Percentile) £538 £550 £550
Median % change year-on-year -2.27% - +10.00%
75th Percentile £650 £675 £669
90th Percentile £775 £775 £750
UK excluding London median daily rate £500 £500 £500
% change year-on-year - - +11.11%
Number of hourly rates quoted 257 147 224
10th Percentile £21.89 £28.30 £23.25
25th Percentile £43.00 £51.25 £35.00
Median hourly rate £47.50 £65.00 £52.50
Median % change year-on-year -26.92% +23.81% +16.67%
75th Percentile £66.25 £75.00 £67.36
90th Percentile £74.46 £80.55 £76.89
UK excluding London median hourly rate £48.43 £65.00 £55.00
% change year-on-year -25.49% +18.18% +22.22%

Torch
Job Vacancy Trend

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

Job vacancy trend for Torch in the UK

Torch
Contractor Daily Rate Trend

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

Daily rate trend for Torch in the UK

Torch
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Torch within the UK over the 6 months to 31 May 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 +97 4 £645 -14.00% 1
London +89 4 £645 -14.00% 1
Work from Home +117 1 £550 -

Torch
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 4 (100.00%) Jupyter
Cloud Services
1 4 (100.00%) Azure
1 4 (100.00%) Azure DevOps
1 4 (100.00%) ChatGPT
2 2 (50.00%) Azure Machine Learning
Database & Business Intelligence
1 4 (100.00%) NoSQL
Development Applications
1 3 (75.00%) GitLab
General
1 2 (50.00%) Finance
2 1 (25.00%) Banking
Job Titles
1 3 (75.00%) Azure Engineer
2 2 (50.00%) Data Engineer
2 2 (50.00%) Machine Learning Engineer
Libraries, Frameworks & Software Standards
1 4 (100.00%) HTML
1 4 (100.00%) LangChain
1 4 (100.00%) scikit-learn
1 4 (100.00%) TensorFlow
Processes & Methodologies
1 4 (100.00%) CI/CD
1 4 (100.00%) DevOps
1 4 (100.00%) MLOps
2 2 (50.00%) Agile
2 2 (50.00%) Generative AI
2 2 (50.00%) Machine Learning
3 1 (25.00%) Containerisation
3 1 (25.00%) End-to-End Testing
3 1 (25.00%) ETL
3 1 (25.00%) Integration Testing
3 1 (25.00%) Unit Testing
3 1 (25.00%) Virtual Environments
Programming Languages
1 4 (100.00%) Go
1 4 (100.00%) Java
1 4 (100.00%) JavaScript
1 4 (100.00%) Python
2 1 (25.00%) SQL
System Software
1 2 (50.00%) Docker
Systems Management
1 4 (100.00%) Grafana
1 4 (100.00%) Kubernetes
2 1 (25.00%) Podman
Vendors
1 4 (100.00%) Splunk