Umbrella Company Employees and other contracting IT professionals specialising in Big Data have witnessed a dramatic year-on-year increase in demand for their talents, the latest job-tracking report from a global leader in IT resourcing has revealed.
The quarterly Tech Cities Job Watch report from Experis monitored jobs advertised across ten British cities between Q1 2016 and Q1 2017. The five tech disciplines tracked were: Big Data, Cloud, IT Security, Mobile and Web Development.
In an era where people are generating more digital information than ever, the report shows that employers are battling it out to attract the talent necessary for deciphering the business insights scattered within the dizzying mass of Big Data. Demand for IT contractors with expertise in this field has soared by a sizeable 51.1 per cent year-on-year (y-o-y).
While day rates fell marginally, dipping y-o-y by 1.3 per cent from £535 in Q1 2016 to £528 in Q1 2017, they remain the strongest in the IT world, well above the average £332 rate for Web Developers.
Overall, demand for IT professionals with Big Data specialisms climbed y-o-y by 51.7 per cent. More and more organisations are recognising the necessity for continual, long-term investment in Big Data skills in order to extract enhanced business value from the commercially useful information ciphered within what might be deemed a teeming superabundance of digital data.
The discipline has now become the most richly remunerated of the five core IT disciplines. It’s not only Big Data contracting professionals who are leading the pay stakes: salaried professionals within the field can expect to command an annual income of £67,399 per year, the highest salary by a wide margin within IT, rising sharply by 4.03 per cent on the same time last year and dwarfing the £41,578 earned by Web Developers. The latter have the lowest rates of all.
Commenting on the results, the Managing Director of Experis UK & Ireland, Geoff Smith, noted that UK companies “are prioritising long-term investment in Big Data technology.” However, with new GDPR legislation in the pipeline coming into force from May next year, contract support may be even more necessary to help businesses manage the impact.
Demand for Big Data talent is poised to soar exponentially in 2018, Mr Smith observed, and many professionals will need to upskill in IT security to ensure compliance. Employers would benefit, he suggested, from providing regular development opportunities for their workforces to cross-skill.
He added: “With companies in dire need of Big Data talent at this pivotal time, businesses should not miss out on the opportunity of hiring contractors who have the necessary expertise to help with upskilling their permanent talent in the long run.”