The table below looks at the statistics for Machine Learning skills in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Machine Learning over the 3 months to 1 July 2015 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
1 Jul 2015
Same period 2014 Same period 2013
Machine Learning
Rank 205 198 207
Rank change year-on-year
-7 +9
Contract jobs citing Machine Learning 3 6 10
As % of all contract IT jobs located in the City of London 0.051% 0.10% 0.14%
As % of the Processes & Methodologies category 0.066% 0.13% 0.19%
Number of daily rates quoted 3 6 9
Average daily rate
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£575 £550 £260
Average daily rate % change year-on-year
+4.54% +111.53%
UK excluding London average daily rate £625 £575 £269
% change year-on-year
+8.69% +113.95%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Machine Learning
London

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the City of London region.

Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
4534 4544 5400
As % of all contract IT jobs located in the City of London 77.65% 77.53% 77.88%
Number of daily rates quoted 3587 3408 4061
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £325 £310 £313
10% offered a daily rate of more than £625 £625 £600
UK excluding London average daily rate £388 £375 £365
% change year-on-year
+3.33% +2.73%
Number of hourly rates quoted 42 38 102
Average hourly rate £24.50 £21.50 £36.04
Average hourly rate % change year-on-year
+13.95% -40.34%
90% offered a hourly rate of more than £14.50 £14.50 £18.00
10% offered a hourly rate of more than £55.50 £53.50 £59.50
UK excluding London average hourly rate £30.00 £28.99 £30.50
% change year-on-year
+3.48% -4.95%

Machine Learning
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Machine Learning across the City of London region as a proportion of the total demand within the Processes & Methodologies category.

Machine Learning Jobs Demand Trend in the City of London

Machine Learning
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Machine Learning across the City of London region.

Machine Learning Daily Rate Trend in the City of London

Machine Learning
Top 26 Related IT Skills in the City of London

For the 6 months to 1 July 2015, IT contractor jobs across the City of London region citing Machine Learning also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Machine Learning.

1 7 (100.00%) C++
1 7 (100.00%) Python
1 7 (100.00%) Statistics
1 7 (100.00%) Data Analysis
1 7 (100.00%) R
1 7 (100.00%) Big Data
2 6 (85.71%) Hadoop
2 6 (85.71%) Credit Risk
2 6 (85.71%) Cloudera
2 6 (85.71%) Mentoring
2 6 (85.71%) Analytical Skills
3 1 (14.29%) Algorithms
3 1 (14.29%) Analytics
3 1 (14.29%) Markov Chain
3 1 (14.29%) Gibbs Sampling
3 1 (14.29%) Monte Carlo Method
3 1 (14.29%) Scala
3 1 (14.29%) Neural Network
3 1 (14.29%) Predictive Modelling
3 1 (14.29%) Statistical Modelling
3 1 (14.29%) Predictive Analytics
3 1 (14.29%) Logistic Regression
3 1 (14.29%) Mathematics
3 1 (14.29%) Computer Science
3 1 (14.29%) PhD
3 1 (14.29%) Java

Machine Learning
Top Related IT Skills in the City of London by Category

For the 6 months to 1 July 2015, IT contractor jobs across the City of London region citing Machine Learning also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Machine Learning. Up to 20 skills are shown per category.

Database & Business Intelligence
1 7 (100.00%) Big Data
2 6 (85.71%) Hadoop
Job Titles
1 6 (85.71%) Data Scientist
Miscellaneous
1 7 (100.00%) Statistics
2 6 (85.71%) Credit Risk
2 6 (85.71%) Analytical Skills
3 1 (14.29%) Algorithms
3 1 (14.29%) Mathematics
3 1 (14.29%) Computer Science
3 1 (14.29%) Neural Network
Processes & Methodologies
1 7 (100.00%) Data Analysis
2 6 (85.71%) Mentoring
3 1 (14.29%) Predictive Analytics
3 1 (14.29%) Logistic Regression
3 1 (14.29%) Monte Carlo Method
3 1 (14.29%) Predictive Modelling
3 1 (14.29%) Statistical Modelling
3 1 (14.29%) Analytics
3 1 (14.29%) Markov Chain
3 1 (14.29%) Gibbs Sampling
Programming Languages
1 7 (100.00%) C++
1 7 (100.00%) Python
1 7 (100.00%) R
2 1 (14.29%) Scala
2 1 (14.29%) Java
Qualifications
1 1 (14.29%) PhD
Vendors
1 6 (85.71%) Cloudera