The integration of digital features and technologies across the mechanical, embedded, network, and software spectrums is making products highly interconnected and intelligent and increasing product testing complexity. As product life cycles shorten across industries, enterprises must focus on constant innovation to roll out new products at a faster rate, while ensuring compliance with stricter regulatory norms.
To cater to these complex requirements, enterprises are seeking ecosystem partners that can help reduce the time-to-market without compromising product quality. Enterprises globally are now starting to look at the Verification and Validation (V&V) function to not just test products for functionality and performance, but also enhance brand value by minimizing product recalls and rollbacks and ensuring seamless customer experience across channels.
Service providers are catering to these demands by investing in relevant physical V&V infrastructure, upskilling their talent on next-generation V&V technologies – such as Artificial Intelligence (AI), Machine Learning (ML), Mixed Reality (MR), and predictive analytics – and leveraging these technologies to develop frameworks and accelerators for effective V&V service delivery.
In this research, we present fact-based trends impacting the V&V engineering services market, along with an assessment and detailed profiles of 17 service providers featured in the V&V Engineering Services PEAK Matrix®.
This report analyzes the V&V engineering services outsourcing landscape and includes: