The table below looks at the prevalence of the term ASIC in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited ASIC over the 3 months to 17 January 2017 with a comparison to the same period over 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
17 Jan 2017
Same period 2016 Same period 2015
Application-Specific Integrated Circuit (ASIC)
UK
Rank 592 615 609
Rank change year-on-year
+23 -6
Contract jobs citing ASIC 3 3 3
As % of all contract IT jobs located in the UK 0.007% 0.006% 0.006%
As % of the Miscellaneous category 0.021% 0.018% 0.019%
Number of daily rates quoted 1 0 2
Median daily rate £525 - £506
UK excluding London median daily rate - - £288
Number of hourly rates quoted 1 1 1
Median hourly rate £48.50 £41.50 £32.50
Median hourly rate % change year-on-year
+16.86% +27.69%
UK excluding London median hourly rate £48.50 £41.50 £32.50
% change year-on-year
+16.86% +27.69%

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised across the UK.

Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
14607 16507 15753
As % of all contract IT jobs located in the UK 32.63% 33.08% 31.58%
Number of daily rates quoted 9315 10460 9901
Median daily rate £445 £425 £415
Median daily rate % change year-on-year
+4.70% +2.40%
90% offered a daily rate of more than £250 £245 £238
10% offered a daily rate of more than £625 £620 £600
UK excluding London median daily rate £394 £375 £365
% change year-on-year
+4.93% +2.73%
Number of hourly rates quoted 550 692 640
Median hourly rate £20.50 £21.50 £17.50
Median hourly rate % change year-on-year
-4.65% +22.85%
90% offered a hourly rate of more than £11.38 £12.50 £11.50
10% offered a hourly rate of more than £46.43 £50.00 £40.00
UK excluding London median hourly rate £18.71 £21.50 £17.50
% change year-on-year
-12.96% +22.85%

ASIC
Jobs Demand Trend

The demand trend of contract jobs citing ASIC as a proportion of all IT contracts with a match in the Miscellaneous category.

ASIC Jobs Demand Trend in the UK

ASIC
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing ASIC within the UK.

ASIC Daily Rate Trend in the UK

ASIC
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing ASIC within the UK.

ASIC Hourly Rate Trend in the UK

ASIC
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing ASIC within the UK over the 3 months to 17 January 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +15 3 £525 - 2
London +8 1 £525 -
South East - 1 - - 1
East of England - 1 - - 1
Cambridge - 1 - - 1
Berkshire - 1 - -
Cambridgeshire - 1 - - 1

ASIC
Top 30 Related IT Skills

For the 6 months to 17 January 2017, IT contractor jobs citing ASIC also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for ASIC.

1 11 (52.38%) EMIR
2 10 (47.62%) FpML
2 10 (47.62%) Legal
3 9 (42.86%) DSL
4 8 (38.10%) MiFID
4 8 (38.10%) Reference Data
4 8 (38.10%) Middleware
5 7 (33.33%) Test Strategy
6 6 (28.57%) Fixed Income
6 6 (28.57%) Equities
6 6 (28.57%) Foreign Exchange (FX)
6 6 (28.57%) DTCC
7 5 (23.81%) Field-Programmable Gate Array
7 5 (23.81%) Security Cleared
7 5 (23.81%) Project Management
8 4 (19.05%) Firmware
8 4 (19.05%) C++
8 4 (19.05%) UML
8 4 (19.05%) TCP/IP
8 4 (19.05%) IBM
8 4 (19.05%) Military
8 4 (19.05%) SC Cleared
8 4 (19.05%) Use Case
8 4 (19.05%) V-Model
8 4 (19.05%) Network Architecture
8 4 (19.05%) Rational DOORS
8 4 (19.05%) Requirements Management
9 3 (14.29%) ASIC Verification
9 3 (14.29%) Agile Software Development
9 3 (14.29%) People Management

ASIC
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Communications & Networking
1 9 (42.86%) DSL
2 4 (19.05%) TCP/IP
3 2 (9.52%) DHCP
3 2 (9.52%) SNMP
Development Applications
1 4 (19.05%) Rational DOORS
General
1 10 (47.62%) Legal
2 4 (19.05%) Military
3 1 (4.76%) Banking
3 1 (4.76%) Corporate Banking
3 1 (4.76%) Finance
3 1 (4.76%) Front Office
Job Titles
1 7 (33.33%) Analyst
2 6 (28.57%) Business Analyst
2 6 (28.57%) Report Analyst
2 6 (28.57%) Senior Analyst
2 6 (28.57%) Senior Business Analyst
2 6 (28.57%) Senior Reporting Analyst
3 4 (19.05%) Systems Engineer
4 3 (14.29%) Head of Delivery
4 3 (14.29%) Project Manager
5 2 (9.52%) DOORS Engineer
5 2 (9.52%) IP Design Engineer
5 2 (9.52%) Report Manager
6 1 (4.76%) Agile Developer
6 1 (4.76%) Agile Java Developer
6 1 (4.76%) Agile Project Manager
6 1 (4.76%) FPGA Engineer
6 1 (4.76%) Hardware Verification Engineer
6 1 (4.76%) Senior IP Design Engineer
6 1 (4.76%) Senior Manager
6 1 (4.76%) Verification Engineer
Libraries, Frameworks & Software Standards
1 10 (47.62%) FpML
2 8 (38.10%) Middleware
3 1 (4.76%) RESTful
3 1 (4.76%) XML
Miscellaneous
1 8 (38.10%) Reference Data
2 6 (28.57%) DTCC
2 6 (28.57%) Equities
2 6 (28.57%) Fixed Income
2 6 (28.57%) Foreign Exchange (FX)
3 5 (23.81%) Field-Programmable Gate Array
4 3 (14.29%) ASIC Verification
5 2 (9.52%) CESG
6 1 (4.76%) Data Integration
6 1 (4.76%) PMI
Processes & Methodologies
1 7 (33.33%) Test Strategy
2 5 (23.81%) Project Management
3 4 (19.05%) Network Architecture
3 4 (19.05%) Requirements Management
3 4 (19.05%) UML
3 4 (19.05%) Use Case
3 4 (19.05%) V-Model
4 3 (14.29%) Agile Software Development
4 3 (14.29%) People Management
5 2 (9.52%) Mentoring
5 2 (9.52%) PRINCE2
5 2 (9.52%) Regulatory Compliance
6 1 (4.76%) Programme Management
6 1 (4.76%) Risk Management
6 1 (4.76%) Stakeholder Management
6 1 (4.76%) Target Operating Model
6 1 (4.76%) TDD
6 1 (4.76%) Translating Business Requirements
6 1 (4.76%) Waterfall
6 1 (4.76%) Workflow
Programming Languages
1 4 (19.05%) C++
2 1 (4.76%) Java
Qualifications
1 5 (23.81%) Security Cleared
2 4 (19.05%) SC Cleared
3 2 (9.52%) Degree
3 2 (9.52%) PMP
4 1 (4.76%) BC Cleared
4 1 (4.76%) PMI Certification
Quality Assurance & Compliance
1 11 (52.38%) EMIR
2 8 (38.10%) MiFID
3 1 (4.76%) JTAG
System Software
1 4 (19.05%) Firmware
Systems Management
1 1 (4.76%) HP Quality Center
Vendors
1 4 (19.05%) IBM