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  • State of the Market
    May 13, 2026

    Software product engineering spend continues to outpace broader engineering investment as enterprises prioritize AI-enabled products, cloud-native modernization, platform engineering, and data-led innovation. While macroeconomic uncertainty, RoI scrutiny, tariffs, and geopolitical risk continue to pressure budgets, the…
  • Thematic Report
    Nov. 19, 2025

    The global Engineering Research and Development (ER&D) services industry is fundamentally transforming, driven by macroeconomic pressures, regulatory shifts, and rapid advances in AI, IoT, and digital manufacturing. Enterprises are responding by rebalancing their engineering investments toward…
  • Viewpoint
    June 30, 2025

    Telecom operators face rising complexities from large-scale, always-on networks, rapid 5G expansion, hybrid infrastructures, and increasing customer expectations for zero downtime. Traditional tools such as ticketing and network management systems and siloed dashboards, while providing visibility,…
  • Thematic Report
    Jan. 22, 2024

    As we step into 2024, global macroeconomic stability is shrouded in great uncertainty. Ongoing macroeconomic events, trade wars, and an economic slowdown are impacting businesses worldwide, compelling them to approach business growth in the upcoming year…
  • State of the Market
    Sep. 28, 2023

    Enterprises and service providers in the aerospace and defense sector are undergoing significant transformations, aligning themselves with emerging technologies and addressing the dynamic challenges in the industry. The industry is broadly divided into three segments –…
  • Blog
    Aug. 10, 2023

    Engineering service providers who demonstrated critical capabilities to enterprises over the past year are now being recognized for their leadership with the 2023 PEAK Matrix Service Provider of the Year™ awards in engineering services (ES). Read…
  • Provider Recognition
    Aug. 09, 2023

    The widespread digitalization trend in various industries has prompted enterprises to integrate software and advanced technologies into their products and offerings, aiming for quicker time-to-market and greater cost efficiency. In response, top providers have actively partnered…
  • Thematic Report
    July 25, 2023

    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,…
  • Thematic Report
    March 20, 2023

    As we enter 2023, global macroeconomic stability continues to remain uncertain. Forecasts of an impending recession are gripping businesses worldwide, compelling them to adopt a cautious outlook toward business growth in the coming year. Most organizations…
  • Provider Recognition
    Nov. 14, 2022

    What is the Everest Group Engineering Services (ES) Top 50™? The Everest Group Engineering Services Top 50™ is a global list of the 50 largest third-party providers, based on their ES revenues and year-on-year growth. This…
  • Thematic Report
    March 31, 2022

    The Engineering Research & Development (ER&D) industry is increasingly using the global sourcing ecosystem to meet the increasing talent requirements across the dynamic skills landscape. Engineering service providers have gained significance due to this changing enterprise…
  • Viewpoint
    March 29, 2022

    With the sentiment to build responsible and purpose-driven organizations rising within the engineering industry, engineering operations are getting closely linked with Environmental, Social, and Governance (ESG) concerns. To ride the ESG wave, enterprises are making significant…
  • Provider Recognition
    March 28, 2022

    The digitalization wave sweeping across industries compelled enterprises to integrate software and next-generation technologies in their products and offerings, all while accelerating time-to-market and keeping a lid on costs. Leading service providers responded and engaged with…
  • State of the Market
    Nov. 05, 2021

    The semiconductor industry is experiencing continuous growth in ER&D investments, driven by increasing adoption of AI chips, proliferation of IoT and connected devices, and the shift to lower technology nodes. This has happened despite the worldwide…
  • Thematic Report
    Sep. 23, 2021

    Today, with technology becoming central to both product functioning and the delivery of high-impact experiences, Engineering Research & Development (ER&D) has become vital for enterprises to maintain their competitive advantage. While the COVID-19 pandemic impacted the…
  • Webinar Deck
    July 13, 2021

    On July 13, Everest Group hosted a webinar titled, "Digital Engineering: What You Need to Know to Design Your Future." Digital engineering accounts for nearly one-fourth of the global Engineering and R&D spend today and stands…
  • Provider Compendium
    May 20, 2021

    The semiconductor industry is experiencing significant ER&D investments driven by emerging technologies such as Artificial Intelligence (AI), 5G, and the Internet of Things (IoT). However, semiconductor enterprises face challenges in meeting evolving customer demands and managing…
  • PEAK Matrix®
    March 30, 2021

    The semiconductor industry is experiencing significant ER&D investments driven by increasing adoption of AI chips, proliferation of IoT and connected devices, and the shift to lower technology nodes. However, semiconductor enterprises are facing challenges in meeting…
  • Viewpoint
    Feb. 18, 2021

    The COVID-19 pandemic completely disrupted the way businesses functioned in 2020, with enterprises across verticals and geographies grappling to adopt remote working models and taking drastic measures toward cost-saving and cash flow optimization. The Engineering R&D…
  • Blog
    Feb. 12, 2021

    The COVID-19 pandemic resulted in a severe economic downturn in 2020, and engineering service providers certainly suffered the effects of the slowdown. The following chart presents the performance of select engineering service providers – Alten, Cyient,…

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