Software Product Engineering Services – Provider Compendium 2024
Provider Compendium Report
In the product engineering space, software remains the largest expense, although its growth has slowed recently. This deceleration is largely due to economic headwinds, such as decreased consumer confidence and tighter budgets, which have made enterprises and providers more cautious about investing in new technologies. Additionally, geopolitical conflicts, talent shortages, and delayed decision-making within enterprises have further contributed to this trend.
Despite these challenges, the software R&D landscape continues to evolve, driven by several key trends. The increasing adoption of AI and generative AI is transforming product development, while a growing emphasis on sustainability is shaping both product design and delivery. Additionally, providers are focusing on enhancing the customer and developer experience to drive adoption and loyalty. To navigate this evolving landscape, businesses are also exploring platform-based business models to create scalable and flexible solutions.
This compendium provides comprehensive and fact-based snapshots of 43 software product engineering service providers. Each profile offers a detailed overview of the provider’s software product engineering services, solutions offered, strategic partnerships and investments, market performance, and customer case studies.
Scope
- Industry: software product engineering
- Geography: global
- This study is based on RFI responses from providers, interactions with their software product engineering services leadership, client reference checks, and Everest Group’s ongoing analysis of the software product engineering services market
Contents
In this report, we examine:
- The software product engineering services business, including vision and strategy, revenue and YoY growth, and revenue composition across geographies, industry segments, value chain functions, and buyer sizes
- Providers’ case studies and proprietary solutions
- Provider’s partnerships and investments in the software product engineering domain