As Businesses Embrace Digital Transformation Strategies, IT Engineering Service Providers Increase In Need Of Developers, ISG Provider Lens Shows ™
LONDON, June 16, 2022-(BUSINESS WIRE)-According to a new research report released today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, software is becoming increasingly important in digital reorganization. engineering within European companies, which is bringing major changes to the market for computer engineering services as suppliers scramble to recruit more developers.
The 2022 edition of ISG Provider Lens ™ report on digital engineering services in Europe shows that digital transformation came later in Europe than in other regions, but is now growing with a rapidly changing perspective for market of computer engineering services. More and more suppliers are coming from outside Europe, as traditional European engineering service providers try to establish themselves in the digital technology market.
“Software is an integral part of the product and customer development strategy of many companies in Europe involved in digital engineering,” said Gaurav Gupta, Partner and Global Head of Digital Engineering at ISG. “In Europe, IT engineering service companies are working with international vendors to recruit enough developers to meet growing demand.»
According to the report, many factors have slowed down Europe’s adoption of digital engineering technologies and services. Medium-sized companies, which dominate most industries in the region, tend to favor in-house development. Some industries, including automotive and aerospace, have turned to their dense supplier networks rather than large IT engineering service providers. Finally, most companies in Europe develop highly specialized products that require close collaboration between in-house mechanical, electronic and software development teams, which increases the difficulty and complexity of recruitment. of engineering experts.
However, many industrial companies in the region are now interested and ready to undertake digital transformation, ISG said. Discrete manufacturing industries are embracing automation due to high labor costs and increasing regulation, while using new technologies to meet the growing demand for highly customized products.
In the sector of process industries in Europe, large companies with large factories are implementing digital solutions to monitor, control and visualize all processes so that their facilities can operate for long periods of time without delay. . These companies also use technologies to secure their systems against cyberattacks. Sustainability is a big part of most conversations, and companies are busy aligning their digital engineering strategies with their sustainability commitments.
As the number of customers requesting digital services and direct access to manufacturers grows, companies in Europe and other regions are focusing on the digital customer experience, the report says. An ecosystem of partners will soon emerge to overcome the lack of internal expertise faced by many companies, thus offering a huge opportunity for service providers.
The 2022 edition of the ISG Provider Lens ™ Report on Digital Engineering Services in Europe assesses the capabilities of 41 providers in five quadrant: Design and Development, Connected and Intelligent Operations-Discrete Manufacturing Industries, Connected and Intuitive Operations-Industry processes, Integrated customer/ interaction and user experience, and Platforms and application services.
The report named Accenture, Cognizant, HCL and Wipro as leaders in all five quadrant and Capgemini, Infosys and TCS as leaders in four quadrant each. LTTS was named leader in three quadrant while HARMAN Digital Transformation Services (DTS) was named leader in two quadrant. AVL, Ferchau, FEV, IAV, Tech Mahindra and Zensar were named leaders in a quadrant each.
Additionally, Mphasis has been named a “Rising Star” company in three quadrants with “promising portfolios” and “high future potential” as defined by ISG. Cyient, GlobalLogic and Tech Mahindra are named Rising Stars in a quadrant each.
A customized version of the report is available from the HARMAN Digital Transformation Services (DTS) website.
The 2022 edition of the ISG Provider Lens ™ report on digital engineering services in Europe is available for subscribers or for a one -time purchase on this webpage.
About ISG Provider Lens ™ reports
The ISG Provider Lens ™ Quadrant study series is the only service provider analysis to combine empirical, data-driven market analysis and research with the real-world experience and insights of the ISG consulting team. ISG. Companies will find lots of detailed data and market analysis to help guide their selection of suitable outsourcing partners, while ISG consultants use the reports to validate their own market insights and make recommendations to companies. ISG clients. The study currently covers providers offering their services worldwide, in Europe as well as in the United States, Canada, Brazil, United Kingdom, France, Benelux, Germany, Switzerland, Nordics, Australia and Singapore/Malaysia , with more markets to be added in the future. For more information on researching ISG Provider Lens, please visit this webpage.
A series of complementary studies, the ISG Provider Lens Archetype reports, offers a unique analysis of providers from the point of view of a wide variety of well-defined consumers.
ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. More than 800 companies trust ISG, including more than 75 of the 100 largest companies in the world. ISG advises businesses, public sector organizations, and service and technology providers to achieve operational efficiency and benefit from faster growth. The firm specializes in digital transformation services, including cloud, data and empowerment analytics; resource advice; risk management and management services; network operator services; the design of strategies and operations; change management; market knowledge, as well as technology research and analysis. Founded in 2006 and based in Stamford, Conn., ISG employs more than 1,300 digitally-ready professionals operating in more than 20 countries; a global team known for its innovative thinking, market influence, deep technology and industry expertise, and innovative research and analytics capabilities based on data from the most complete industry. For more information, please visit www.isg-one.com.
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Will Thoretz, ISG
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Kate Hartley, Carrot Communications for ISG
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