The global automotive industry is undergoing a profound structural transformation. Electrification, connected ecosystems, autonomous driving, and shared mobility are reshaping not just vehicles but also the underlying frameworks through which innovation is developed and delivered. Technology has become central to competitiveness, challenging traditional product development models through the rising need for software-first thinking, modularity, and digital continuity across the vehicle lifecycle. This transformation is taking place amid growing macroeconomic and geopolitical complexity. Inflation, interest rate hikes, and evolving trade policies are exerting cost pressures and creating operational uncertainty. Simultaneously, shifts in consumer demand, stricter environmental regulations, and competitive intensity are compelling automotive enterprises to rethink their focus on engineering investments. The focus is moving from mechanical systems to software-defined architectures due to the need for faster innovation, real-time features, and long-term platform flexibility. This report examines how leading automotive Original Equipment Manufacturers (OEMs) and tier-1 suppliers are realigning their R&D strategies in response. It examines the move toward centralized compute platforms, over-the-air update capabilities, embedded software ecosystems, and tier-0.5 supplier models. The report highlights the growing reliance on global capability centers as scalable hubs for software development, validation, and systems integration. Together, these shifts mark a decisive evolution in how automotive firms approach technology, talent, and transformation.

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The automotive sector is experiencing accelerated growth due to the convergence of global sustainability imperatives, heightened consumer expectations for efficient and safer vehicles, and rapid technological advancements. In this dynamic environment, the automotive industry is shifting from traditional mobility solutions to embrace a software-centric approach.  The report provides an overview of enterprise spending for the automotive market, global automotive business dynamics, insights into various regulatory frameworks, and details around software-centric developments that revolutionize vehicle manufacturing, ownership, and operations. Our study examines the market size, trends, and enterprise priorities within each segment of autonomous, connected, electric, and shared mobility. This section includes key growth drivers, key enterprise challenges, and the roles of service providers. Additionally, we have allocated a dedicated section to analyze the outsourcing market, which includes enterprise spend analysis, the scope and offerings of outsourcing, delivery presence, enterprise feedback on service providers, and competitive investments made by service providers. Scope  Industry: ACES automotive engineering services Geography: All geographies Contents This report is divided into the following three sections: Market overview and emerging trends: provides enterprise spend trend, market split by geography, software spend for automakers, global automotive business dynamics, and update on regulatory frameworks in the automotive engineering space  ACES market overview: contains enterprises spend across ACES mobility, key growth drivers for the market, detailed observation on autonomous, connected, electric, and shared mobility market size and trends, key enterprise challenges, and role of service providers Outsourcing landscape: includes spend analysis, offerings and scope of outsourcing, areas of engagement, delivery presence and competitive investments from service providers Membership(s) Outsourcing Excellence Engineering Research and Development  

The automotive industry stands at an inflection point where global sustainability concerns, increasing consumer demands, and rapid technological advances are propelling rapid growth. In this dynamic landscape, the focus is shifting from conventional mobility solutions to creating a more captivating and immersive automotive experience. Automotive enterprises are eagerly embracing this transformative paradigm, as they strive to enhance customer experience and redefine the future of mobility. Major areas of investment include advancing autonomous technologies (L3 to L5 autonomy), fostering connected ecosystems through collaborations with various sectors, increasing investments and partnerships with technology participants for software-defined vehicles, and investing in electric, hybrid, and fuel cell technologies to address environmental concerns. This compendium provides comprehensive and fact-based snapshots of 26 ACES (Autonomous, Connected, Electric, and Shared) automotive engineering services providers featured in the fourth edition of Everest Group’s ACES Automotive Engineering PEAK Matrix® Assessment. Each profile provides a comprehensive picture of the provider’s ACES automotive engineering services, key solutions offered, strategic partnerships and investments, performance in the market, and customer case studies. The report also presents our insights on enterprise sourcing considerations for each provider. Scope Industry: automotive  Geography: global  Contents  In this report, we provide:  ACES Automotive Engineering Services PEAK Matrix® 2023 Key characteristics of Leaders, Major Contenders, and Aspirants A summary dashboard capturing the relative assessment of providers’ vision and capabilities and market impact  Providers’ strengths and limitations Membership(s) Engineering Research and Development Sourcing and Vendor Management

The automotive industry is at an inflection point, where global sustainability concerns, increasing consumer demands, and rapid technological advancements have coalesced to propel rapid growth. In this dynamic landscape, the focus is shifting from conventional mobility solutions to a more captivating and immersive automotive experience. Automotive enterprises are now eagerly hopping on to this transformative paradigm, embracing the idea of enhancing customer experience and redefining the future of mobility. Some of the major areas of investment include: Autonomy Advancements: Investments in L3 to L5 autonomous technologies, intelligent adaptive cruise controls, safety systems, and sensor fusion tech to transform driving experiences Connected Ecosystems: Connectivity and data management are forging powerful collaborations between automotive players and players from diverse verticals such as fintech, insurance, technology, and telecommunication to bring in several after-sales services Software-Centricity: With the emergence of software-defined vehicles, there is an increased level of investments in software development and partnerships with technology players Electrification Imperative: The need to address environmental concerns and stringent governmental regulations has accelerated the investments in electric, hybrid, and fuel cell technologies This research, the fourth edition of Everest Group’s ACES Automotive Engineering Services PEAK Matrix® Assessment, evaluates 26 engineering service providers, features them on the PEAK Matrix®, and shares insights into enterprise sourcing considerations. The study is based on RFI responses from service providers, interactions with their automotive engineering leadership, client reference checks, and ongoing analysis of the engineering services market. Scope: This research studies the following service providers associated with automotive engineering services: Alten, Capgemini, HCLTech, KPIT, LTTS, TCS, Wipro, Akkodis, AVL, Bertrandt, Cognizant, Cyient, DXC Technologies, FEV, FPT, IAV, Infosys, NTT DATA, Tata Elxsi, Tata Technologies, Onward Technologies, Sasken, Semcon, Sigma Software Tech Mahindra, and T-Systems. Industry: Automotive Geography: Global Contents This report maps and covers: ACES Automotive Engineering Services PEAK Matrix® 2023 Key characteristics of Leaders, Major Contenders, and Aspirants A summary dashboard capturing the relative assessment of each service provider’s vision & capability and market impact Providers’ strengths and limitations vis-à-vis enterprise sourcing considerations Membership(s) Engineering Research and Development Sourcing and Vendor Management

Automotive original equipment manufacturers (OEMs), classified as Tier 1, 2, and 3, are experiencing a substantial and permanent change in customer preferences due to the widespread adoption of Software Defined Vehicles (SDVs) and Autonomous, Connected, Electric, and Shared (ACES) technologies – dramatically impacting engineering priorities in these markets. In this webinar, our experts explored the latest key engineering priorities and why the automotive engineering landscape has evolved. They also provided practical recommendations for engineering spend and examined the challenges that enterprises currently face. Our experts also shared the latest impacts on automotive outsourcing and provide insights on how enterprises can effectively realign talent, technology, and ecosystem engagement strategies to scale SDVs and ACES initiatives. What questions did the webinar answer for the participants? What are the key themes of engineering spending in the SDV and ACES market? What challenges do enterprises face while transforming to SDV and ACES vehicle production? How do you strategize for talent, technology, and ecosystem leverage to mitigate challenges?  

Evolving customer demands and experience centricity are driving disruptive changes across the automotive engineering landscape. As the expectations around mobility change, so do some of the market dynamics, with newer trends such as a shift in propulsion technologies to hybrid and electric, a significant market for autonomous driving and Advanced Driver Assistance Systems (ADAS), predictive maintenance and other new services, and a technology-centric landscape. These developments have fueled the need for a compelling ecosystem of partners, and engineering service providers are proactively enhancing their capabilities and offerings to help enterprises tackle the challenges in their automotive engineering journeys, stay relevant, and create experience-centric offerings for end consumers. This report assesses the spend dynamics of enterprises in the space, and the investments that engineering service providers are making in the Autonomous, Connected, Electric, and Shared (ACES) mobility market. Scope: Industry: automotive Geographic scope: global This study is based on RFI responses from service providers, interactions with their automotive engineering leadership, client reference checks, and an ongoing analysis of the engineering services market Contents In this report, we explore the trends governing the ACES engineering services market and examine the current market landscape, enterprise spend dynamics, engagement constructs, and the role of engineering service providers in serving the emerging mobility segment. The study is divided into the following three sections: Enterprise spending and emerging trends: we examine spending across market sub-segments, geographies, and macro-level trends impacting the landscape ACES market trends: we study typical focus and investment areas, and key market drivers and buyer challenges Outsourcing landscape: we conduct a spend analysis, and study engagement models and competitive investments from service providers Membership(s) Engineering Services Sourcing and Vendor Management

Evolving customer demands and experience centricity are driving disruptive changes across the automotive engineering landscape. As expectations around mobility change, so do some of the market dynamics, with newer trends such as a shift in propulsion technologies to hybrid and electric, autonomous driving and Advanced Driver Assistance Systems (ADAS), predictive maintenance and other new services, and an overall technology-centric landscape. These developments have fueled the need to establish a compelling ecosystem of partners, and engineering service providers are actively enhancing their capabilities and offerings to help enterprises tackle the challenges in their automotive engineering journeys, stay relevant, and create experience-centric offerings for end-consumers. This report examines the dynamics of the automotive engineering service provider market and presents detailed profiles of 23 leading engineering service providers featured on Everest Group’s Autonomous, Connected, Electric and Shared (ACES) Mobility Automotive Engineering Services PEAK Matrix®. Each profile provides a comprehensive picture of the service provider’s focus on ACES engineering services, key Intellectual Property (IP) / solutions, buyer case studies, partnerships, and domain investments. The report also includes our insights on enterprise sourcing considerations for each service provider. Scope: Industry: automotive Geographic scope: global Contents This report features 23 automotive engineering service provider profiles, each of which includes: Key strengths and limitations of each of the 23 ACES automotive engineering services providers featured on our PEAK Matrix assessment An overview of the providers’ ACES engineering services business and offerings – vision and strategy, ACES engineering services revenue and YoY growth, and adoption across geographies, value chain elements, and buyer sizes Case studies, IP/solutions, partnerships, and domain investments Membership(s) Engineering Services Sourcing and Vendor Management

Evolving customer demands and experience centricity are driving disruptive changes across the automotive engineering landscape. As the expectations around mobility are changing, so are some of the market dynamics, with newer trends such as a shift in propulsion technologies to hybrid and electric, a significant market for autonomous driving and Advanced Driver Assistance Systems (ADAS), predictive maintenance and other new services, and a shift toward a technology-centric landscape. These developments have fueled the need to establish a compelling ecosystem of partners, and engineering service providers are actively enhancing their capabilities and offerings to help enterprises tackle the challenges in their automotive engineering journeys, stay relevant, and create experience-centric offerings for end-consumers. This research, the third edition of Everest Group’s ACES Automotive Engineering Services PEAK Matrix® Assessment, evaluates 23 engineering service providers and features them on the PEAK Matrix® framework. The report assesses the relative positioning of the service providers, as well as focuses on their key strengths and limitations vis-à-vis enterprise sourcing considerations. Scope: Industry: automotive Geographic scope: global This study is based on RFI responses from service providers, interactions with their automotive engineering leadership, client reference checks, and an ongoing analysis of the engineering services market Contents This report maps: ACES Automotive Engineering Services PEAK Matrix® 2021 Key characteristics of Leaders, Major Contenders, and Aspirants A summary dashboard capturing the relative assessment of each service provider’s vision & capability and market impact Providers’ strengths and limitations vis-à-vis enterprise sourcing considerations Membership(s) Engineering Services Sourcing and Vendor Management

The future of mobility is being defined by the digital-enabled convergence of autonomous driving, connected vehicles, electrification, and shared mobility. Developments in Electronic Vehicles (EVs) and environmental concerns are leading to change. While challenges to EV adoption remain, EV industry participants are attempting to address key challenges such as a comparatively higher priced product, lack of charging infrastructure, lack of efficient engines, and battery-related issues. Vehicle manufacturers (also called Original Equipment Manufacturers (OEMs)), Battery Technology Suppliers (BTS), Infrastructure Providers (IP), governments and regulators, and System Integrators (SI) are among the key industry players attempting to drive adoption. However, the siloed nature of these organizations’ investments results in slower and lower impact on EV adoption. There is significant potential benefit in industry-wide collaboration among EV ecosystem players to create exponential impact from their individual investments that maximizes value for end customers, ecosystem players, and the environment at large. Everest Group conducted a study with 59 automotive industry leaders responsible for EV across OEMs, BTSs, IPs, government and regulatory bodies, and SIs to explore the challenges in building an EV ecosystem and understand ways to overcome the challenges for scaled EV adoption in India and the United States, two countries that reflect stark differences in EV adoption. This study provides a roadmap to develop an EV ecosystem in India and the US and explores how a blockchain platform-based ecosystem strategy could be adopted in markets across the spectrum of EV adoption maturity. We explore the “4T” features of trust & security, transparency & auditability, traceability & automation, and transaction & automation that blockchain technology can enable for the EV ecosystem. Both EV and blockchain technology have moved beyond the initial hype; now is the time to explore the opportunities they present. Membership(s) Digital Services Engineering Services