Custom Search
 



 
 
India is leader in global engineering services biz: innov study

Bangalore, September 22, 2013:  Indian engineering  service providers have clearly emerged as global leaders and soon India will have a $1 Billion Product Engineering Services player in the market , finds leading Globalization and Market Expansion Advisory firm Zinnov Management Consulting.

Its  annual study titled “Global R&D Service Providers (GSPR) Rating 2013  says India and China are garnering a major share of the engineering services revenues; Over 225 new R&D centers were set up in India in the last 5 years. Indian service providers continue to retain the lion’s share of the overall Engineering and R&D outsourcing pie – accounting for about 23% of the overall market. The total exports in the Engineering R&D outsourcing segment from India stood at  $16.3 Billion. However, the growth in the Engineering R&D and outsourcing segment lagged the overall Indian industry growth rate and stood at 10.9%.  Engineering analytics is a significant opportunity area, with overall spending in this segment set to increase to about  $27 Billion by 2017 at the rate of 16.5%

The service providers can be broadly classified into three groups. First group is Wipro, HCL, TCS, Tech Mahindra and Infosys, which has a significantly large product engineering practice and amongst them they cover most of the outsourced R&D activity. The second set of leaders include companies like iGATE, L&T TS, Infotech, Mindtree and Symphony Teleca that continue to expand their coverage across verticals and are transforming to take on a larger play across all the verticals. The third category is a set of niche leaders like Aricent, KPIT Cummins, Persistent, Sasken, eInfochips, Quest Global, Tata Elxsi and Tata Technologies. This makes the Indian supplier landscape a diverse and mature market place for companies that are looking to source product engineering services.

TCS has the most expansive service offering across all the verticals. Wipro and HCL being heritage engineering and R&D service providers, they have deep and strong capabilities in this space. Tech Mahindra has emerged as a strong player in this segment with strong eco-system support from the engineering capabilities of the Mahindra group and erstwhile Mahindra Satyam. Infosys is strengthening and growing its presence in areas like Semiconductor and Electronics and notably its strong training engine for Engineering R&D gives it a definite edge. The niche leaders continue to enjoy a dominant position in their respective verticals of operation and have considerably increased the non-linear revenue as a percentage of overall revenue.

In terms of verticals, niche service providers continue to retain their dominant position. Niche service providers have a better focus on the non-linear strategy and are beginning to see good traction in terms of the revenue from non-linear strategies. More than 30% of the overall deals signed in the engineering services segment have had a solution component incorporated in it and clearly there is a clear shift from the traditional professional services model to a solution augmented model. The European service providers in the product engineering space like Capgemini, Altran, Safran, Alten, AS System are now starting to leverage the Global Delivery Model and this trend will soon put tremendous pressure on the

Sundararaman Viswanathan, Manager-Consulting, Zinnov, said, “Today there are several new opportunities for service providers to take advantage of, such as engineering analytics, which presents significant potential for growth. We are seeing a trend of solution strategy increasingly becoming a major component in majority of the deals, as service providers are building solutions to demonstrate competency, enhance product quality and reduce time to market across sectors.”




    


Post Your Comments Now
       
  Name  
  Email  
  Comment  
     
     
       
       
     
India is leader in global engineering services biz: innov study
by cheap backlinks on July  18,  2014
  "howg9O This is one awesome post.Much thanks again. Cool."
     
India is leader in global engineering services biz: innov study
by cheap backlinks on July  18,  2014
  "howg9O This is one awesome post.Much thanks again. Cool."
     
India is leader in global engineering services biz: innov study
by crorkz backlinkz on December  18,  2014
  "klcnRJ I value the post.Really looking forward to read more. Cool."
     
India is leader in global engineering services biz: innov study
by crorkz backlinkz on December  18,  2014
  "klcnRJ I value the post.Really looking forward to read more. Cool."
     
India is leader in global engineering services biz: innov study
by crorkz linkz on January  16,  2015
  "IK8Og4 As I web-site possessor I believe the content matter here is rattling great , appreciate it for your hard work. You should keep it up forever! Best of luck."
     
India is leader in global engineering services biz: innov study
by crorkz linkz on January  16,  2015
  "IK8Og4 As I web-site possessor I believe the content matter here is rattling great , appreciate it for your hard work. You should keep it up forever! Best of luck."
     
India is leader in global engineering services biz: innov study
by michael crork on   03,  2015
  "5PX8nS Lovely site! I am loving it!! Will be back later to read some more. I am taking your feeds also."
     
India is leader in global engineering services biz: innov study
by michael crork on   03,  2015
  "5PX8nS Lovely site! I am loving it!! Will be back later to read some more. I am taking your feeds also."
     
India is leader in global engineering services biz: innov study
by click on   28,  2015
  "TBVRFE Pretty great post. I just stumbled upon your weblog"
     
India is leader in global engineering services biz: innov study
by click on   28,  2015
  "TBVRFE Pretty great post. I just stumbled upon your weblog"
     
India is leader in global engineering services biz: innov study
by crorkservice on October  16,  2015
  "DNgul2 Great blog post.Thanks Again. Much obliged."
     
India is leader in global engineering services biz: innov study
by crorkservice on October  16,  2015
  "DNgul2 Great blog post.Thanks Again. Much obliged."
     
India is leader in global engineering services biz: innov study
by crork service on November  09,  2015
  "cLdzw8 me. Is anyone else having this problem or is it a problem on my end?"
     
India is leader in global engineering services biz: innov study
by crork service on November  09,  2015
  "cLdzw8 me. Is anyone else having this problem or is it a problem on my end?"
     
India is leader in global engineering services biz: innov study
by crorkservice fiverr on November  28,  2015
  "ymZoX7 This site truly has all the information I wanted about this subject and didn at know who to ask."
     
India is leader in global engineering services biz: innov study
by crorkservice fiverr on November  28,  2015
  "ymZoX7 This site truly has all the information I wanted about this subject and didn at know who to ask."
     
India is leader in global engineering services biz: innov study
by cocoservice on fiverr on March  01,  2016
  "RjhjO3 Will you care and attention essentially write-up"
     
India is leader in global engineering services biz: innov study
by cocoservice on fiverr on March  01,  2016
  "RjhjO3 Will you care and attention essentially write-up"
     
India is leader in global engineering services biz: innov study
by sophie fiverr on April  05,  2016
  "kmFQJd Nice blog right here! Also your website loads up very fast! What web host are you the use of? Can I get your affiliate hyperlink for your host? I desire my website loaded up as fast as yours lol"
     
India is leader in global engineering services biz: innov study
by sophie fiverr on April  05,  2016
  "kmFQJd Nice blog right here! Also your website loads up very fast! What web host are you the use of? Can I get your affiliate hyperlink for your host? I desire my website loaded up as fast as yours lol"
     
India is leader in global engineering services biz: innov study
by big dildos on May  14,  2016
  "You are my function models. Thanks for the write-up"
     
India is leader in global engineering services biz: innov study
by big dildos on May  14,  2016
  "You are my function models. Thanks for the write-up"
     
India is leader in global engineering services biz: innov study
by porn videos on May  16,  2016
  "h0APk6 Wow, amazing weblog structure! How lengthy have you been running a blog for? you made running a blog glance easy. The full glance of your web site is great, let alone the content material!"
     
India is leader in global engineering services biz: innov study
by porn videos on May  16,  2016
  "h0APk6 Wow, amazing weblog structure! How lengthy have you been running a blog for? you made running a blog glance easy. The full glance of your web site is great, let alone the content material!"
     
India is leader in global engineering services biz: innov study
by big dilbos on July  05,  2016
  "lSXcFa wander. Final tug in the class was St. Lately it has been immaculately assembled"
     
India is leader in global engineering services biz: innov study
by big dilbos on July  05,  2016
  "lSXcFa wander. Final tug in the class was St. Lately it has been immaculately assembled"
     
India is leader in global engineering services biz: innov study
by greal lana on   03,  2016
  "NlkDj0 usually posts some incredibly fascinating stuff like this. If you"
     
India is leader in global engineering services biz: innov study
by greal lana on   03,  2016
  "NlkDj0 usually posts some incredibly fascinating stuff like this. If you"
     
India is leader in global engineering services biz: innov study
by makarena on October  11,  2016
  "NKcgru Very interesting subject , thankyou for posting."
     
India is leader in global engineering services biz: innov study
by makarena on October  11,  2016
  "NKcgru Very interesting subject , thankyou for posting."
     
India is leader in global engineering services biz: innov study
by suba hentai on November  26,  2016
  "IxtmAJ It as not that I want to copy your web page, but I really like the pattern. Could you let me know which theme are you using? Or was it custom made?"
     
India is leader in global engineering services biz: innov study
by suba hentai on November  26,  2016
  "IxtmAJ It as not that I want to copy your web page, but I really like the pattern. Could you let me know which theme are you using? Or was it custom made?"
     
India is leader in global engineering services biz: innov study
by Homepage on February  01,  2017
  "GyVuAT Thanks so much for the blog article.Thanks Again. Great."
     
India is leader in global engineering services biz: innov study
by Homepage on February  01,  2017
  "GyVuAT Thanks so much for the blog article.Thanks Again. Great."
     
India is leader in global engineering services biz: innov study
by free pron on March  04,  2017
  "eKwKXV This excellent website certainly has all the info I wanted concerning this subject and didn at know who to ask."
     
India is leader in global engineering services biz: innov study
by free pron on March  04,  2017
  "eKwKXV This excellent website certainly has all the info I wanted concerning this subject and didn at know who to ask."