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 1 April 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 Apr 2015
Same period 2014 Same period 2013
Neural Networks
Rank 194 214 196
Rank change year-on-year
+20 -18
Contract jobs citing Neural Network 2 2 4
As % of all contract IT jobs located in the City of London 0.037% 0.031% 0.066%
As % of the Miscellaneous category 0.10% 0.080% 0.18%
Number of daily rates quoted 2 2 4
Average daily rate
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£638 £638 £500
Average daily rate % change year-on-year
- +27.50%
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
1985 2490 2272
As % of all contract IT jobs located in the City of London 37.18% 39.21% 37.43%
Number of daily rates quoted 1509 1834 1715
Average daily rate £461 £488 £475
Average daily rate % change year-on-year
-5.38% +2.63%
90% offered a daily rate of more than £290 £290 £300
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £375 £350 £338
% change year-on-year
+7.14% +3.70%
Number of hourly rates quoted 35 46 48
Average hourly rate £17.87 £22.50 £22.00
Average hourly rate % change year-on-year
-20.60% +2.27%
90% offered a hourly rate of more than £13.03 £14.50 £15.90
10% offered a hourly rate of more than £30.00 £42.50 £135.00
UK excluding London average hourly rate £19.00 £17.50 £23.00
% change year-on-year
+8.57% -23.91%

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 22 Related IT Skills in the City of London

For the 6 months to 1 April 2015, 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 (50.00%) C++
1 1 (50.00%) Java
1 1 (50.00%) Python
1 1 (50.00%) PhD
1 1 (50.00%) Econometrics
1 1 (50.00%) Data Analysis
1 1 (50.00%) Statistics
1 1 (50.00%) Predictive Analytics
1 1 (50.00%) Logistic Regression
1 1 (50.00%) Mathematics
1 1 (50.00%) Computer Science
1 1 (50.00%) Monte Carlo Method
1 1 (50.00%) Scala
1 1 (50.00%) Predictive Modelling
1 1 (50.00%) R
1 1 (50.00%) Machine Learning
1 1 (50.00%) Big Data
1 1 (50.00%) Statistical Modelling
1 1 (50.00%) Analytics
1 1 (50.00%) Markov Chain
1 1 (50.00%) Gibbs Sampling
1 1 (50.00%) Algorithms

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

For the 6 months to 1 April 2015, 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.

Database & Business Intelligence
1 1 (50.00%) Big Data
Job Titles
1 1 (50.00%) Data Scientist
Miscellaneous
1 1 (50.00%) Statistics
1 1 (50.00%) Mathematics
1 1 (50.00%) Computer Science
1 1 (50.00%) Algorithms
Processes & Methodologies
1 1 (50.00%) Econometrics
1 1 (50.00%) Data Analysis
1 1 (50.00%) Predictive Analytics
1 1 (50.00%) Logistic Regression
1 1 (50.00%) Monte Carlo Method
1 1 (50.00%) Predictive Modelling
1 1 (50.00%) Machine Learning
1 1 (50.00%) Statistical Modelling
1 1 (50.00%) Analytics
1 1 (50.00%) Markov Chain
1 1 (50.00%) Gibbs Sampling
Programming Languages
1 1 (50.00%) C++
1 1 (50.00%) Java
1 1 (50.00%) Python
1 1 (50.00%) Scala
1 1 (50.00%) R
Qualifications
1 1 (50.00%) PhD