The table below looks at the prevalence of the term Neural Network 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 Neural Network over the 3 months to 30 April 2016 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.

3 months to
30 Apr 2016
Same period 2015 Same period 2014
Neural Networks
Rank 153 195 210
Rank change year-on-year
+42 +15
Contract jobs citing Neural Network 1 1 2
As % of all contract IT jobs located in the City of London 0.029% 0.018% 0.032%
As % of the Miscellaneous category 0.077% 0.049% 0.083%
Number of daily rates quoted 1 1 2
Average daily rate £750 £600 £638
Average daily rate % change year-on-year
+25.00% -5.88%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Neural Network
London

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

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
1293 2048 2398
As % of all contract IT jobs located in the City of London 37.03% 37.25% 38.40%
Number of daily rates quoted 1050 1567 1796
Average daily rate £475 £475 £475
90% offered a daily rate of more than £313 £275 £290
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 21 31 36
Average hourly rate £19.00 £20.00 £22.38
Average hourly rate % change year-on-year
-5.00% -10.61%
90% offered a hourly rate of more than £11.70 £14.56 £12.10
10% offered a hourly rate of more than £50.00 £69.40 £44.14
UK excluding London average hourly rate £21.75 £18.90 £20.00
% change year-on-year
+15.07% -5.50%

Neural Network
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Neural Network across the City of London region as a proportion of the total demand within the Miscellaneous category.

Neural Network Jobs Demand Trend in the City of London

Neural Network
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 Neural Network across the City of London region.

Neural Network Daily Rate Trend in the City of London

Neural Network
Top 6 Related IT Skills in the City of London

For the 6 months to 30 April 2016, IT contractor jobs across the City of London region citing Neural Network 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 Neural Network.

1 1 (100.00%) Finance
1 1 (100.00%) Data Analysis
1 1 (100.00%) Machine Learning
1 1 (100.00%) Analytics
1 1 (100.00%) Analytical Skills
1 1 (100.00%) Linear Regression

Neural Network
Top Related IT Skills in the City of London by Category

For the 6 months to 30 April 2016, IT contractor jobs across the City of London region citing Neural Network 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 Neural Network. Up to 20 skills are shown per category.

General
1 1 (100.00%) Finance
Job Titles
1 1 (100.00%) Data Scientist
Miscellaneous
1 1 (100.00%) Analytical Skills
Processes & Methodologies
1 1 (100.00%) Analytics
1 1 (100.00%) Data Analysis
1 1 (100.00%) Linear Regression
1 1 (100.00%) Machine Learning