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 30 June 2016 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
30 Jun 2016
Same period 2015 Same period 2014
Application-Specific Integrated Circuit (ASIC)
Rank 645 619 626
Rank change year-on-year
-26 +7
Contract jobs citing ASIC 2 14 5
As % of all contract IT jobs located in the UK 0.004% 0.025% 0.009%
As % of the Miscellaneous category 0.011% 0.078% 0.029%
Number of daily rates quoted 1 5 0
Median daily rate £340 £625 -
Median daily rate % change year-on-year
-45.60% -
UK excluding London median daily rate £340 - -
Number of hourly rates quoted 1 2 2
Median hourly rate £45.00 £49.75 £40.00
Median hourly rate % change year-on-year
-9.54% +24.37%
UK excluding London median hourly rate £45.00 £49.75 £40.00
% change year-on-year
-9.54% +24.37%

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
17832 17935 17416
As % of all contract IT jobs located in the UK 33.24% 31.96% 32.31%
Number of daily rates quoted 11535 11197 10680
Median daily rate £425 £420 £400
Median daily rate % change year-on-year
+1.19% +5.00%
90% offered a daily rate of more than £255 £250 £230
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 626 679 704
Median hourly rate £22.00 £18.50 £20.50
Median hourly rate % change year-on-year
+18.91% -9.75%
90% offered a hourly rate of more than £12.50 £12.25 £12.50
10% offered a hourly rate of more than £46.07 £45.00 £42.50
UK excluding London median hourly rate £22.50 £17.50 £21.00
% change year-on-year
+28.57% -16.66%

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 5 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 30 June 2016. 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
(Click see detailed
statistics and trends)
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
South East +8 1 £340 -
England +1 1 £340 -45.60% 4
Wales - 1 - -
Middlesex - 1 £340 -
South Wales - 1 - -

ASIC
Top 30 Related IT Skills

For the 6 months to 30 June 2016, 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 4 (66.67%) Field-Programmable Gate Array
2 2 (33.33%) Xilinx
2 2 (33.33%) ASIC Verification
2 2 (33.33%) Verilog
2 2 (33.33%) Firmware
2 2 (33.33%) C
2 2 (33.33%) Validation
3 1 (16.67%) Use Case
3 1 (16.67%) SC Cleared
3 1 (16.67%) Security Cleared
3 1 (16.67%) V-Model
3 1 (16.67%) Network Architecture
3 1 (16.67%) Rational DOORS
3 1 (16.67%) Embedded Systems
3 1 (16.67%) EMIR
3 1 (16.67%) Dodd-Frank
3 1 (16.67%) Kalman Filter
3 1 (16.67%) Fixed Income
3 1 (16.67%) Military
3 1 (16.67%) C++
3 1 (16.67%) UML
3 1 (16.67%) Bluetooth
3 1 (16.67%) DHCP
3 1 (16.67%) SNMP
3 1 (16.67%) IBM
3 1 (16.67%) Project Management
3 1 (16.67%) Financial Institution
3 1 (16.67%) GAP Analysis
3 1 (16.67%) Management Information System
3 1 (16.67%) Wireless

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 1 (16.67%) Bluetooth
1 1 (16.67%) DHCP
1 1 (16.67%) SNMP
1 1 (16.67%) Wireless
Development Applications
1 1 (16.67%) Rational DOORS
General
1 1 (16.67%) Banking
1 1 (16.67%) Finance
1 1 (16.67%) Financial Institution
1 1 (16.67%) Investment Banking
1 1 (16.67%) Military
1 1 (16.67%) Retail
Job Titles
1 2 (33.33%) FPGA Engineer
1 2 (33.33%) Verification Engineer
2 1 (16.67%) Analogue IC Engineer
2 1 (16.67%) Analyst
2 1 (16.67%) ASIC Engineer
2 1 (16.67%) Business Analyst
2 1 (16.67%) Business IT Analyst
2 1 (16.67%) IT Analyst
2 1 (16.67%) IT Business Analyst
2 1 (16.67%) MiFID Business Analyst
2 1 (16.67%) Regulatory Business Analyst
2 1 (16.67%) RF Engineer
2 1 (16.67%) Senior Systems Engineer
2 1 (16.67%) Systems Engineer
2 1 (16.67%) Technical Manager
Miscellaneous
1 4 (66.67%) Field-Programmable Gate Array
2 2 (33.33%) ASIC Verification
2 2 (33.33%) Verilog
3 1 (16.67%) CESG
3 1 (16.67%) Embedded Systems
3 1 (16.67%) Equities
3 1 (16.67%) Fixed Income
3 1 (16.67%) Management Information System
Processes & Methodologies
1 2 (33.33%) Validation
2 1 (16.67%) Asset Management
2 1 (16.67%) Business Analysis
2 1 (16.67%) GAP Analysis
2 1 (16.67%) Kalman Filter
2 1 (16.67%) Network Architecture
2 1 (16.67%) Project Management
2 1 (16.67%) Requirements Management
2 1 (16.67%) Software Engineering
2 1 (16.67%) UML
2 1 (16.67%) Use Case
2 1 (16.67%) V-Model
Programming Languages
1 2 (33.33%) C
2 1 (16.67%) C++
Qualifications
1 1 (16.67%) Degree
1 1 (16.67%) SC Cleared
1 1 (16.67%) Security Cleared
Quality Assurance & Compliance
1 1 (16.67%) Dodd-Frank
1 1 (16.67%) EMIR
1 1 (16.67%) MiFID
System Software
1 2 (33.33%) Firmware
Vendors
1 2 (33.33%) Xilinx
2 1 (16.67%) Cadence
2 1 (16.67%) IBM