Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Technology
    3. >THE CLOUD DISCONNECT: DEMAND FOR CLOUD SKILLS SOARS BY 97.7% BUT SALARIES STAGNATE
    Technology

    The Cloud Disconnect: Demand for Cloud Skills Soars by 97.7% but Salaries Stagnate

    Published by Gbaf News

    Posted on August 9, 2017

    7 min read

    Last updated: January 21, 2026

    Add as preferred source on Google
    Image depicting Northern Ireland's political landscape following the resignation of its first minister due to post-Brexit trade tensions, highlighting the ongoing trade disputes and implications for the Northern Ireland protocol.
    Northern Ireland first minister resigns over Brexit trade rules - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Mixed messages from the market with IT professionals sought for day-to-day operations, ahead of specialist Cloud architects to build platforms

     The number of Cloud roles for IT professionals has almost doubled in the past year (97.73% from Q2 2016 to Q2 2017), according to the latestTech Cities Job Watch report from Experis, the global leader in professional IT resourcing. However, the research also reveals that salaries and contractor day rates have not reflected this demand increase. Salaries for permanent Cloud professionals have gone up by just 2.71% (YoY) from £57,331 to £58,885, while contractor day rates have stagnated, remaining at £481 for the same period.

    The quarterly report tracks IT jobs advertised (within five technology disciplines: Big Data, Cloud, IT Security, Mobile, and Web Development) across 10 UK cities. While the research highlighted the disparity in the Cloud job market between demand and remuneration, it also revealed that Cloud skills are becoming more common across a more diverse range of roles within the tech sector. Cloud-based contractor roles now represent almost a third (30.74%) of all short-term positions advertised across the five core tech disciplines in Q2 2017 – compared to 26.71% from this time last year. Permanent Cloud-based roles now represent one in four (24.4%) technology jobs advertised – versus 14.32% at the same time last year.

    Emerging trends such as the Internet of Things (IoT), Big Data, machine learning and mobile applications have increased the demand for Cloud skills overall.But, Cloud skills have transitioned from being the one of the hottest tech trends to being an integral part of the day-to-day operations for IT departments across the board, and this is influencing both the demand and remuneration for those skills. The initial surge for Cloud adoption five to 10 years ago placed a premium on Cloud architecture skills and qualifications, and inspired IT professionals to upskill to capitalise on the favourable conditions. Today’s business requirements are driving a different mix of Cloud skills.

    The key Cloud skills in demand for this quarter are OpenStack and Rackspace; SaaS for solutions such as Salesforce.com and Insightly; and IaaS for technologies including Microsoft Azure and AWS. But while some highly sought-after Cloud skills remain in short supply, overall businesses are having less difficulty filling the proliferation of more general Cloud positions, resulting in the stagnating salary figures for the discipline as a whole. 

    Martin Ewings, Director of Specialist Markets, Experis UK & Ireland, explains this Cloud disconnect, commenting: “The Cloud talent market is more mature now. While the majority of new organisations born in the digital era will opt for Cloud-first operations, many businesses that could easily shift their work to Cloud-based infrastructures did so during the first wave of migration. For other businesses, legacy technology continues to act as the central nervous system, particularly in major industries such as finance and healthcare. For enterprises yet to convert to the Cloud, the process will be much slower and more complex. This is because business applications running on legacy systems will need to be rewritten for the Cloud, which can be an incredibly complicated and expensive process. On top of this, there are some organisations that haven’t yet made the transition to the Cloud, simply because they are more risk-averse.”

    Ewings continues, “The diverse Cloud requirements that we see as a result of emerging technologies like IoT, Big Data and Mobile, are driving the increase in demand, but not all businesses are seeking dedicated or specialist Cloud architects. Where Cloud has been embraced, businesses will be seeking IT professionals to maintain rather than build these platforms. Cloud knowledge has become more commonplace across a spectrum of tech roles, which is likely contributing to the restrained pay growth we are seeing for Cloud professionals.”

    Mixed messages from the market with IT professionals sought for day-to-day operations, ahead of specialist Cloud architects to build platforms

     The number of Cloud roles for IT professionals has almost doubled in the past year (97.73% from Q2 2016 to Q2 2017), according to the latestTech Cities Job Watch report from Experis, the global leader in professional IT resourcing. However, the research also reveals that salaries and contractor day rates have not reflected this demand increase. Salaries for permanent Cloud professionals have gone up by just 2.71% (YoY) from £57,331 to £58,885, while contractor day rates have stagnated, remaining at £481 for the same period.

    The quarterly report tracks IT jobs advertised (within five technology disciplines: Big Data, Cloud, IT Security, Mobile, and Web Development) across 10 UK cities. While the research highlighted the disparity in the Cloud job market between demand and remuneration, it also revealed that Cloud skills are becoming more common across a more diverse range of roles within the tech sector. Cloud-based contractor roles now represent almost a third (30.74%) of all short-term positions advertised across the five core tech disciplines in Q2 2017 – compared to 26.71% from this time last year. Permanent Cloud-based roles now represent one in four (24.4%) technology jobs advertised – versus 14.32% at the same time last year.

    Emerging trends such as the Internet of Things (IoT), Big Data, machine learning and mobile applications have increased the demand for Cloud skills overall.But, Cloud skills have transitioned from being the one of the hottest tech trends to being an integral part of the day-to-day operations for IT departments across the board, and this is influencing both the demand and remuneration for those skills. The initial surge for Cloud adoption five to 10 years ago placed a premium on Cloud architecture skills and qualifications, and inspired IT professionals to upskill to capitalise on the favourable conditions. Today’s business requirements are driving a different mix of Cloud skills.

    The key Cloud skills in demand for this quarter are OpenStack and Rackspace; SaaS for solutions such as Salesforce.com and Insightly; and IaaS for technologies including Microsoft Azure and AWS. But while some highly sought-after Cloud skills remain in short supply, overall businesses are having less difficulty filling the proliferation of more general Cloud positions, resulting in the stagnating salary figures for the discipline as a whole. 

    Martin Ewings, Director of Specialist Markets, Experis UK & Ireland, explains this Cloud disconnect, commenting: “The Cloud talent market is more mature now. While the majority of new organisations born in the digital era will opt for Cloud-first operations, many businesses that could easily shift their work to Cloud-based infrastructures did so during the first wave of migration. For other businesses, legacy technology continues to act as the central nervous system, particularly in major industries such as finance and healthcare. For enterprises yet to convert to the Cloud, the process will be much slower and more complex. This is because business applications running on legacy systems will need to be rewritten for the Cloud, which can be an incredibly complicated and expensive process. On top of this, there are some organisations that haven’t yet made the transition to the Cloud, simply because they are more risk-averse.”

    Ewings continues, “The diverse Cloud requirements that we see as a result of emerging technologies like IoT, Big Data and Mobile, are driving the increase in demand, but not all businesses are seeking dedicated or specialist Cloud architects. Where Cloud has been embraced, businesses will be seeking IT professionals to maintain rather than build these platforms. Cloud knowledge has become more commonplace across a spectrum of tech roles, which is likely contributing to the restrained pay growth we are seeing for Cloud professionals.”

    More from Technology

    Explore more articles in the Technology category

    Image for Innovation Through Partnership: The Role of External Tech Teams
    Innovation Through Partnership: The Role of External Tech Teams
    Image for Nominations Open for Technology Awards 2026
    Nominations Open for Technology Awards 2026
    Image for Nominations Open for Innovation Awards 2026
    Nominations Open for Innovation Awards 2026
    Image for Archie earns industry recognition across G2, Capterra, and SoftwareReviews
    Archie Earns Industry Recognition Across G2, Capterra, and SoftwareReviews
    Image for The Bankaool Transformation: How a Regional Mexican Bank Became a Fintech Disruptor
    The Bankaool Transformation: How a Regional Mexican Bank Became a FinTech Disruptor
    Image for Submit Your Entry Today for Digital Banking Awards 2026
    Submit Your Entry Today for Digital Banking Awards 2026
    Image for Behavioral AI in Financial Services: Moving Beyond Automation Toward Human Understanding
    Behavioral AI in Financial Services: Moving Beyond Automation Toward Human Understanding
    Image for Submit Your Entry for Brand of the Year Awards Technology Bahrain 2026
    Submit Your Entry for Brand of the Year Awards Technology Bahrain 2026
    Image for Entries Now Open for Best Islamic Open Banking Burkina Faso APIs 2026
    Entries Now Open for Best Islamic Open Banking Burkina Faso APIs 2026
    Image for Entrepreneurial Discipline in the AI Economy: Insights from Dmytro Lavryniuk
    Entrepreneurial Discipline in the AI Economy: Insights From Dmytro Lavryniuk
    Image for Entries Now Open for Best New Digital Wallet Innovation Award 2026
    Entries Now Open for Best New Digital Wallet Innovation Award 2026
    Image for Call for Entries: Best Digital Wallet 2026
    Call for Entries: Best Digital Wallet 2026
    View All Technology Posts
    Previous Technology PostAccelerating Application Migrations to the Cloud
    Next Technology PostVans for Improved Data Protection