Software Product Engineering Services – Market Trends and Services PEAK Matrix™ Assessment: Adapting to the New Normal

4 Dec 2017
by Chirajeet Sengupta, Ronak Doshi, Mayank Maria

The global technology landscape is evolving with the advent of new technology themes, evolution of software development practices, and the increasing focus on consumer-centric solutions. In this era of “software-defined”, software is gaining precedence for both technology vendors and enterprises to create a differentiated value proposition in the market. At the same time, factors such as increasing architectural complexity, the need to develop more intuitive software and user interfaces, and in some cases, dearth of suitable in-house talent, pose challenges for them in maintaining and expanding their software portfolio.

This is compelling software vendors and enterprises to collaborate with service providers who can not only help them traverse these challenges in software development but also accelerate the time-to-market and lower costs. Service providers, particularly IT-heritage service providers, also view this space as a high-growth adjacency as the growth in traditional IT engagements slows down.

In this research, we present fact-based trends impacting the software product engineering services market, along with the assessment and detailed profiles of 18 software product engineering service providers featured on the software product engineering services PEAK Matrix.



Scope of this report

  • Services:Software product engineering services
  • Geography:Global
  • Service providers:18 leading software product engineering service providers


The research comprises three broad chapters:

  • Software product engineering services market trends:
    • Analysis of key trends driving the change in software product engineering along with their implications on enterprises and service providers
    • Key enterprise imperatives for engaging with service providers and growth projections for software product engineering global sourcing
  • PEAK Matrix for software product engineering services:Analysis of market impact and capabilities of 18 software product engineering service providers based on the Everest Group PEAK Matrix, which is a composite index of a range of distinct metrics related to a service provider’s vision & capability and market impact
  • Software product engineering service provider profiles:Detailed profiles of 18 service providers that give a comprehensive picture of profile gives a comprehensive picture of their software product engineering services vision, scale and scope of operations, key solutions, and partnerships


Everest Group has a complimentary four-page PEAK Matrix preview document for this service provider landscape report.


Engineering Services


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