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Strategic Performance Assessment & Ranking

SPARK Matrix™: Product Engineering Services (PES), 2022

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Product Engineering Services (PES) is defined as the solution that facilitates product innovation from conceptualization to the decline phase by integrating software, IT service solutions, and hardware components to enhance business prospects. PES address the entire spectrum of product engineering for both hardware and software service portfolios, covering new product development, testing, quality control, maintenance, end of life support, and product re-engineering. The PES service providers address any or all the above requirements through their domain expertise, in-house solutions, research & development (R&D) resources, and partner ecosystem. PES focuses on understanding and meeting user needs by leveraging technology in innovative ways.

Quadrant Knowledge Solutions’ Product Engineering service (PES) market research includes a detailed analysis of the global market regarding emerging technology trends, market trends, and future market outlook. This research provides strategic information for service providers to better understand the existing market and support their growth strategies and for users to evaluate different vendors’ capabilities, competitive differentiation, and market positions.

The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. SPARK Matrix includes the ranking and positioning of the leading Product Engineering service (PES) vendors with a global impact. SPARK Matrix also includes an analysis of vendors, including Accenture, Aspire Systems, Bosch Global Software Technologies, Capgemini, Cognizant, Cyient, Daffodil Software, eInfochips, Experion Technologies, e-Zest, GS Labs, Happiest Minds, HCL Technologies, Infinite Computer Solutions, Infosys, Innominds, Itransition, LTTS, Mindtree, Mphasis, Sasken, SoftServe, TCS, Tech Mahindra, VVDN Technologies, and Wipro.

According to Ignatius Daniel, Analyst at Quadrant Knowledge Solutions, “Product Engineering Service (PES) offers solutions that govern end-to-end services pertaining to product lifecycle from conceptualization to end-of-life support. PES vendors focus on their core competencies to gain significant market traction by catering to emerging technology trends, such as the internet of things (IoT), next-gen 5G networks, autonomous vehicles, and DevSecOps for expanding their service portfolio. The strategic roadmap of most PES vendors is to become a holistic service provider and cater to customer-centric services. Their goal is to address the increase in demand for complex product development, accelerate time-to-market, and conduct continuous innovation.”

Table of Contents

Executive Overview

  • Key Research Findings

Market Overview and Technology Trends

Factors Influencing Technology Development and Market Growth

Market Adoption Trends

Competition Landscape and Analysis 

  • Competitive Overview and Analysis
  • Key Competitive Factors and Technology Differentiators

SPARK Matrix™: Product Engineering Services (PES)

Vendor Profiles

Research Methodologies

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  • Detailed understanding of the industry structure, market participants, and value chain mapping
  • Business potential and opportunities of target markets, economies, and industries
  • Strategic planning and tactical opportunities
  • Go-to-market strategies
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