”According to the latest report from Everest Group, Software Products is
the largest Engineering Services segment with the growth forecast of 15-16%
during 2018-2022 where the need for digitalization and software-defined
engineering will continue to fuel services’ demand for software. IES is an
innovative engineering solutions provider across the product life cycle, with
our extensive in-house capabilities and an ecosystem of partners.”The Automotive
industry is undergoing a digital revolution sparked by the combination of three
key factors: ambient technology, a global connected ecosystem, and evolving
business models. Our software product engineering practice enhances customer
experience with improved user interface and user experience, artificial
intelligence, analytics and agile product development through micro services.
And Automotive is the fastest growing segment which will grow at 13-14% as
Enterprises are increasing spend due to the focus on software-led future of
mobility. As agility and innovation become table stakes, enterprises need to
move towards designing configurable solutions with built-in intelligence.0 in
the fastest growing automotive vertical. It confirms our leadership in the
vehicle engineering/development, safety critical software development testing
and digital platforms for connected cars and Industry 4.
Tech Mahindra’sIntegrated Engineering Solutions(IES) delivers solutions
enabling “Digital Engineering Enterprise” across Aerospace and Defense,
Automotive, Industrial, Telecom, Hi-Tech, Healthcare, Transportation and ISVs.
With 50+ exclusive engineering development centers supporting new program
launches and 120+ marquee global customers, TechM IES is an established leader
for Engineering Services in the industry.Tech Mahindra wasevaluated across a
range of parameters on theEverest Group PEAK Matrixsuch as “Vision Capability”
and “Market Impact” including Services, Products, Solutions and Locationsand was
rated highest based on the parameters that include –Top quartile performance
across market success captured through a combination of ACV/TCV/number of
contracts, renewals..As part of this report, Everest Group classified service
providers on the PEAK Matrix™ into Leaders, Major Contenders and Aspirants and
positioned Tech Mahindra as a “Leader” for their ability to offer large-scale
product engineering engagements leveraging their strong project management
capabilities and widespread delivery footprint. As a result, enterprises are
expected to deliver added value through domain expertise, data capabilities and
analytics, and as-a-service offerings. Along with these, our investments in the
areas of next-gen themes such as IoT, 5G, AI Blockchain position us as a
360-degree partner enabling customer experiences and enhancing future readiness.
Development of strong capabilities through inhouse IPs, DevOps-focused teams, a
user experience focus, and key partnerships have helped Tech Mahindra secure its
position as a Leader in Everest Group’s inaugural PEAK Matrix™ assessment on
Software Product Engineering Services.
Chirajeet Sengupta, Partner, Everest Group,“Software product developers are
grappling with challenges around increasing architectural complexity, shortening
product lifecycles, and adopting next-generation technology themes such as
artificial intelligence. Investments in new technologies through in-house IPs,
co-innovation labs, key acquisitions, and partnerships with academia have helped
Tech Mahindra secure its position as a Leader in Everest Group’s inaugural PEAK
Matrix™ assessment on Automotive Engineering Services,” he added.Delivery
capability, captured through ability to deliver services successfully through
scale, scope, enabling capabilities and delivery footprint.Expertise in, and
driving focus on technologies of the future, investments in strategic
platformsCustomized industry specific solutions and advisory role in a
customer’s digital transformation journeyKarthikeyan Natarajan, Global Head,
Engineering, IoT and Enterprise Mobility, said,“Tech Mahindra’s strategy, Design
– Engineering – Digital continues to China rosary
bracelet Manufacturers drive industry leading growth in the Automotive
Software Product Engineering Services space.Report for Automotive Software
Product Engineering ServicesTech Mahindra’s strong capabilities, in-house IPs,
DevOps-focused teams, user experience focus, and key partnerships highlighted as
key strengthsNew Delhi November 14, 2018:Tech Mahindra, a leading provider of
digital transformation, consulting and business re-engineering services has been
recognized as a Leader in the Everest Group Automotive and Software Product
Engineering Services PEAK Matrix™ Assessment for the year 2017.