In today’s competitive industry landscape, technology is vital in the product engineering domain to deliver superior customer experiences. To meet customer needs and develop connected, smart, and autonomous products, enterprises are investing in gen AI, AI/ML, AR/VR, 5G, cloud connectivity, IoT, and cybersecurity. However, rapid innovation, talent shortage, and the need to stay ahead of market trends underscore the significance of establishing a compelling partnership ecosystem to accelerate time-to-market. To address this demand, engineering service providers are enhancing their capabilities to unlock connected products’ data potential, integrate multiple technologies for improved user experiences, and develop technically advanced connected products.

This compendium provides accurate, comprehensive, and fact-based snapshots of 21 engineering service providers’ capabilities and offerings. Each profile offers a detailed overview of the provider’s vision, solutions, partnerships, and investments in connected product engineering.

Scope

• Industry: engineering research and development services
• Geography: global
• This report is based on Everest Group’s RFI responses in 2023, interactions with leading engineering service providers and their connected product engineering leadership, client reference checks, and an ongoing analysis of the engineering services market

Contents

In this report, we:

• Examine connected product engineering services business, including engineering and design, embedded and network engineering, and connected platform engineering capabilities
• Categorize providers as Leaders, Major Contenders, and Aspirants
• Assess each provider’s vision, capability, and market impact
• Compare providers’ key strengths and limitations

Membership(s)

Engineering Research and Development

Sourcing and Vendor Management