Looking Back at 2017

Year-On-Year Comparison by TITANS

Another year has flown by and we are here again with a shortbut insightful summary of highlights at TITANS freelancers in 2017.

Comparison of 2016 and 2017

More and more people around the world understand that IT outsourcing and freelancing has often more advantages (in terms of costs and capacity) than hiring new in-house staff.Our market is no exception.

The year 2017 was once again a year of hard work, growth, success and improvement.If we compare the statistics from 2016 and 2017, we can see that there was an increase in the total number of projects, i.e. in the number of filled positions.This year-on-year increase amounted to over 14%(an increase from 219 to 250).

If we look at a longer time horizon, we have grown by 138% since 2014.

Number of Filled Positions per Month in 2016 vs. 2017

If we look at months of the year, we can see that the graphs for 2016 and 2017 show certain seasonality.The strongest months for allocated positions tend to be March and summer months, July and August.On the other hand, the slowest period tends to be the turn of the year, December and January.

Duration of Projects

The average project duration remained almost unchanged in 2017 compared to the previous year.This figure hovers around 8 (7.88 for 2017).

An eight-month project is quite long and it makes us happy.It means that IT companies rely on freelancers not only for short-term projects (up to one month) but often use them for projects lasting a year.

Category of Projects

Again, this year’s most allocated position was a JAVA Programmer.It should be noted, however, that the difference in filled positions between a Java Programmer and the (ever second) .NET Programmer decreases every year.This difference was only 2 positions in 2017; we allocated 39 Java Programmers and 37 .NET Programmers.

As usual, popular positions include Web Programmer (28 project allocations), JavaScript Programmer (21 allocations), Business/ICT Analyst (15 allocations), System Administrator (14 allocations), DB Programmer and Tester (13 allocations each).Other positions were allocated less than 11 times in 2017.

Percentage of Positions in 2017

The IT sector keeps expanding, new jobs and projects are emerging and people are more and more interested in technology.Smaller companies and companies that do not have enough funds for their own IT department have a clear choice: freelancers.Research shows that there will be a shortage of 900,000 IT specialists in Europe by 2020.

However, there is also demand on the other side. The total number of jobs that we fill keeps growing every year and it shows that programmers often prefer a freelance career to a normal job.

The new year 2018 will bring many challenges.If you are thinking about hiring a skilled IT freelancer for your project, do not hesitate and let us know.TITANS are here for you every day!