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State of the Market May 13, 2026
Software Product Engineering Services (SPES) – State of the Market 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 ER&D Services Shift – Evolution of Engineering and India’s Competitive Edge
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… -
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,…
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Webinar Deck March 19, 2025
Webinar Deck: Unlock Empowered Decisions: Global E&IT Technology Trends 2025
Watch Everest Group experts Yugal Joshi, Partner, Alisha Mittal, Vice President, Mukesh Ranjan, Vice President, and Akshat Vaid, Partner, for an exciting webinar that will redefine how you view the future of the engineering and IT… -
Thematic Report Jan. 22, 2024
Engineering Services CXO Insights: Key Issues Report 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… -
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 –…
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Blog Aug. 10, 2023
Everest Group’s PEAK Matrix® Awards Recognize the Top Engineering Service Providers for 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… -
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…
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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,…
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Thematic Report March 20, 2023
Engineering Services CXO Insights: Key Issues Report 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
Engineering Services Top 50 - 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
Engineering Services Outsourcing Handbook
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… -
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…
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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…
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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…
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Thematic Report Sep. 23, 2021
Leading the Pack: Trends for the Top 200 Engineering Research & Development (ER&D) Enterprises 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
Webinar Deck: Digital Engineering: What You Need to Know to Design Your Future
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… -
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…
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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…
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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…
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