VACANCYSOFT. Business Intelligence through Vacancy Data
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1 VACANCYSOFT Business Intelligence through Vacancy Data UK Technology Market Big Data Trends Report November 2015
2 About Mortimer Spinks Mortimer Spinks is a leading innovator in technology recruitment. Our business consultants, organised into specialist technology teams, are genuine experts in what they do. Being part of the Harvey Nash Group, we offer the stability, infrastructure and quality of a major plc, whilst remaining true to our technology roots. Our clients benefit from access to our unique portfolio of services, including technology skills in Vietnam, recruitment solutions from managed service provision, contractor payrolling and business process outsourcing. We work with some of the most innovative companies in the world. The majority of our customers are defined as entrepreneurial technology organisations, where technology is core to the growth of their businesses. If you have any questions about how we can help you, please don t hesitate to get in touch with Thomas Husselby at Thomas.Husselby@mortimerspinks.co.uk or visit our website - About Vacancysoft Launched in 2006, we provide Business Intelligence through Vacancy Data on subscription. We publish vacancy data daily, tailored to your needs, so you can be informed of client activity. Primarily used by recruiters, our service enables consultants to have a rapid response when organisations post jobs, thus facilitating Business Development and Client Management. Our data sets are also used by Executive Search, Consulting Firms, Business Services and Strategy Managers to facilitate a more client centric approach. For more information about us please contact James Chaplin by James.Chaplin@vacancysoft.com Vacancysoft LLP is a limited liability partnership.registered in England and Wales. Partnership no. OC Registered office: Vicarage House, Kensington Church St, London, W8 4DB VAT: GB
3 Contents About Mortimer Spinks About Vacancysoft Summary Volumes By Month Salaries and Role Types Breakdown by Sector and Company page 02 page 02 page 04 page 05 page 06 page 07 We are delighted to be partnering with Vacancysoft to provide insight on recruitment activity within the Technology industry. For this report we have been looking at activity in Big Data in the UK, where we ve witnessed exponential growth this year. I hope you find this report as interesting as we did. Feel free to contact me about current market activity at Thomas.Husselby@mortimerspinks.co.uk
4 Summary The volume of data created and collected by organisations has been growing exponentially for decades. The last few years have seen Big Data technologies come to the fore, often developed first by large tech companies before being enthusiastically taken on by the wider community Big Data Vacancies, in and out of London However, Big Data remains more of a skill than a specific technology. While some technologies particularly Hadoop are often required for candidates for Big Data roles, wider technical skills are more important. In the Big Data roles we have looked at, for instance, Java and Spring are required more often than any individual Big Data technology. Vacancies The broader tech recruitment market has moved over the last 12 months, taking Big Data recruitment with it. More vacancies have been advertised, and salaries are creeping up. Big Data recruitment is becoming a larger part of the overall tech market. Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Outside London in London Total Big Data Vacancies in England and Wales Oct Vacancies (expected) page 4
5 Volumes by Month Overall vacancies in Big Data are much higher in 2015 than they were in 2014, mirroring the overall trend in tech recruitment. On current trends, 2015 will see more than twice as much Big Data recruitment as 2014 did Big Data Vacancies versus All Tech Vacancies There s more month-to-month variance in Big Data recruitment, perhaps because this specific market segment is so small. As a proportion of total tech recruitment, Big Data has been about 1% of the total vacancies over the year, but the trend has been positive: for the first four months of the period Big Data was 0 7% of vacancies, but over the last four months it has been 1 2%. Big Data is still small, but it s growing fast Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Breakdown by Company Size There s an interesting pattern in the size of companies recruiting Big Data specialists: compared to other technologists, a Big Data specialist is more likely to work for a smaller company. For both Big Data and the rest of the market, around half of all vacancies are advertised by the largest companies (those with more than 5000 staff). The difference is more pronounced among smaller companies. Compared to the average tech vacancy, a Big Data vacancy is more likely to come from a company of 51 to 500 staff (17% of Big Data vacancies versus 14% of other tech vacancies), and more than twice as likely to work for a company of 50 or fewer staff (9% of Big Data vacancies versus 4% of other tech vacancies). All Tech Vacancies Big Data Vacancies Big Data Vacancies by Company Headcount Other Tech Vacancies by Company Headcount page 5
6 Salaries and Role Types Vacancies in Big Data are heavily concentrated in analysis and engineering roles. These roles are 74% of the Big Data total, but only 38% of the roles in the wider technology market. The big difference here is due to data analysis vacancies within Big Data: these people find the useful insights that make Big Data approaches worthwhile. Roles in Infrastructure are common both in Big Data and elsewhere. Infrastructure roles have been 11% of Big Data vacancies and 13% of other vacancies in the same period. What are almost absent from the Big Data vacancies are roles in Support and Management. This may be a sign that Big Data is still young new services are being built, but the technology itself is not yet a well-integrated part of the corporate world. Changes in Salaries In the last year, salaries for Big Data roles have increased by over 7%. Big Data salaries are growing slightly faster than the average salary growth for all tech roles, which is 6%. Big Data Role Types All Other Tech Role Types Salary Changes Analyst Development & Engineering Infrastructure Specialist Support Others Analyst Development & Engineering Infrastructure Support Management Others Of course, all technologists are doing well in salary right now: the UK s inflation rate is close to zero, and wage growth across the country is less than 3%. Big Data Salaries Technology Salaries All Salaries Cost of Living = No change over previous 12 months page 6
7 Breakdown by Sector As with the rest of the technology recruitment market, the biggest industry for Big Data recruitment is TMT (Technology, Media, and Telecoms). Finance is also important, but what makes Big Data recruitment distinctive is the larger part played by companies in the Consumer Goods and Services industry. Software and Computer Services is the largest single sector in the industry; over the last year it has created nearly 30% of all Big Data vacancies. Two other TMT sectors are also among the largest: Broadcasting and Publishing, with 11% of vacancies, and Telecoms, with 9%. Advertising, Digital, and Media Agencies created 5% of the vacancies, making it more important for Big Data than it is for the rest of the technology market. Finance firms were among the first to use their data to learn more about their customers. Commercial Banking was responsible for 10% of vacancies both in Big Data and throughout all technology recruitment. Big Data Vacancies by Sector Software & Computer Services Media Broadcasting / Publishing Telecommunications Commercial Banking Advertising, Digital & Media Agencies Retail Travel & Leisure Others All Other Tech Role Vacancies by Sector The Retail sector and the Travel and Leisure sector together contributed 10% of Big Data vacancies, significantly more than they did in the rest of technology recruitment. As with Finance, these companies have been using Big Data to study their customers for longer than companies in other areas. Software & Computer Services Commercial Banking Telecommunications Media Broadcasting / Publishing Insurance Retail Technology Hardware & Equipment Others page 7
8 page 8
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