Digital Product Engineering Services PEAK Matrix® Assessment 2022: Bridging the Chasm between the Physical and Digital Worlds

Top Digital Product Engineering Services

Technology has become crucial to both product engineering and the delivery of high-quality customer experiences amid cutthroat competition among industries. To cater to customer needs and develop connected, smart, and autonomous products, enterprises are investing in next-generation digital technologies such as Artificial Intelligence (AI) / Machine Learning (ML), Augmented Reality (AR) / Virtual Reality (VR), 5G, blockchain, Internet of Things (IoT), and cybersecurity. However, the rapid pace of innovation, unavailability of digital talent at scale, and the need to stay ahead of market trends necessitate a compelling partnership ecosystem that can accelerate enterprises’ time-to-market.

To address this growing demand, engineering service providers are enhancing their capabilities and offerings to unlock the potential of data from connected products, integrate multiple technologies for a better user experience, and engineer technologically sound digital products.

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Digital Product Engineering Services: What is the Scope?

  • Industry: ER&D / Engineering services
  • Geography: global
  • This study is based on RFI responses from service providers, interactions with their digital product engineering leadership, client reference checks, and an ongoing analysis of the engineering services market

What is in this PEAK Matrix® Report:

This research, the first edition of Everest Group’s Digital Product Engineering Services PEAK Matrix® Assessment, evaluates 30 engineering service providers based on the PEAK Matrix framework. The report assesses the relative positioning of the providers and focuses on their key strengths and limitations with regard to enterprise sourcing considerations.

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What is the PEAK Matrix®?

The PEAK Matrix® provides an objective, data-driven assessment of service and technology providers based on their overall capability and market impact across different global services markets, classifying them into three categories: Leaders, Major Contenders, and Aspirants.

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