ISG | June 30, 2022
Software is playing a growing role in reshaping engineering at European companies, causing a major upheaval in the digital engineering services market as providers scramble to hire more developers, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.
The 2022 ISG Provider Lens™ Digital Engineering Services report for Europe finds digital transformation has emerged later in Europe than in other regions but is now growing at a pace that is rapidly changing the market for engineering services. Providers from outside Europe are expanding their presence there, while European providers of traditional engineering services are trying to enter the digital market.
“For many European companies involved in engineering, software is becoming a much more important part of their product and customer development strategy, Engineering services firms in Europe are teaming up with international providers to secure enough developers to meet the rising demand.”
-Gaurav Gupta, partner and global head, digital engineering, at ISG.
Several factors have slowed Europe’s adoption of digital engineering technologies and services, Midsize companies dominate most industries in the region and tend to favor in-house development. Some industries, including automotive and aerospace, turn to their close-knit supplier networks rather than to large service providers for engineering. And most European companies develop products so specialized that the internal mechanical, electronics and software teams need to work closely together, making extensive sourcing of engineering skills more difficult and complex.
However, many industrial companies in the region are now motivated to undertake digital transformation, ISG says. Discrete industries are adopting automation because of high labor costs and increasing regulation, while also using new technologies to meet growing demand for highly customized products.
In Europe’s process industries, massive enterprises with huge plants are implementing digital solutions to monitor, control and visualize all processes so their facilities can run for long periods of time without interruption. They are also adopting technologies to secure their assets from cyberattacks. Sustainability is part of most conversations, and enterprises are working quickly to align their digital engineering strategies with their sustainability commitments.
As more customers demand digital services and direct access to manufacturers, companies in Europe and other regions are focused on creating digital customer experiences, the report says. An ecosystem of partners is emerging to make up for the lack of in-house expertise at many enterprises, creating a major opportunity for service providers.
The 2022 ISG Provider Lens™ Digital Engineering Services report for Europe evaluates the capabilities of 41 providers across five quadrants: Design and Development, Connected & Intelligent Operations — Discrete Industries, Connected & Intelligent Operations — Process Industries, Integrated Customer/User Engagement and Experience, and Platforms and Application Services.
The report names Accenture, Cognizant, HCL and Wipro as Leaders in all five quadrants. It names Capgemini, Infosys and TCS as Leaders in four quadrants each. The report names LTTS as a Leader in three quadrants and HARMAN Digital Transformation Services (DTS) as a Leader in two quadrants. AVL, Ferchau, FEV, IAV, Tech Mahindra and Zensar are named as Leaders in one quadrant each.
In addition, Mphasis is named as a Rising Star — a company with a “promising portfolio” and “high future potential” by ISG’s definition — in three quadrants. Cyient, GlobalLogic and Tech Mahindra are named as Rising Stars in one quadrant each.
About ISG Provider Lens™ Research-
The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future.
ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 800 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data.
L&T Technology Services | June 27, 2022
L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global pure-play engineering services company, today announced that it has been positioned as a ‘Leader’ in all 5 quadrants for the North America market in the 2022 ISG Provider Lens™ Digital Engineering Services report.
ISG recognized LTTS’ leadership competencies across Design and Development (Products Services, Experience), Connected and Intelligent Operations - Discrete Industries, Connected and Intelligent Operations - Process Industries. LTTS has also been rated as a ‘Leader’ in Integrated Customer/User Engagement & Experience and Platforms & Application Services in North America.
LTTS has been recognized for its emerging engineering frameworks, connected operations in discrete industries and transformation journeys across multiple verticals. LTTS’ range of Machine Learning (ML), IoT and digital service offerings is further augmented by an engineering design talent pool with capabilities in digital technologies to deliver world-class products and services, ISG noted.
“Over the years, LTTS has become the preferred ER&D Services partner for major global organizations, supporting such enterprises with best-in-class digital engineering services. LTTS brings with it a perfect alignment of digital competencies, deep engineering expertise, end-to-end view of digital value chains and products and services across all phases of the utility curves and lifecycles. LTTS’ proficiency in engineering services is not only confined to the technical aspects but is also amply demonstrated in its culture of innovation, patent portfolio and expertise in hardware architecture.”
-Mr. Jan Erik Aase, Partner & Global Head – ISG Provider Lens, ISG Research.
“LTTS has successfully helped clients transform the value proposition of their product and services by architecting and executing future-ready digital product and platform roadmaps through user-centered services. We have been investing in digital and leading-edge technologies and providing a wide range of services from chip to cloud as more of our customers are embarking on the journey to digital transformation, both in products as well as the shop floor. This strategy has helped us become the partner of choice to over 300 global customers. This recognition by ISG is an endorsement of our business value and impact.”
-Mr. Abhishek Sinha, Chief Operating Officer and Member of the Board, L&T Technology Services.
About L&T Technology Services Ltd-
L&T Technology Services Limited (LTTS) is a listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services. We offer consultancy, design, development and testing services across the product and process development life cycle. Our customer base includes 69 Fortune 500 companies and 57 of the world’s top ER&D companies, across industrial products, medical devices, transportation, telecom & hi-tech, and the process industries. Headquartered in India, we have over 20,800 employees spread across 17 global design centres, 28 global sales offices and 89 innovation labs as of March 31, 2022.
Infotech | June 24, 2022
Infotech, a leader in infrastructure construction software solutions, announced today a consulting collaboration with HDR to conduct an industry assessment of its current products and services in order to expand the company’s Building Information Modeling (BIM) offerings and its impact on digital delivery and advancing open data standards. As experts in the use of BIM and digital project delivery for transportation infrastructure, HDR will consult Infotech on the company’s strategic BIM for Infrastructure (BIMFi) plan.
Infotech has developed and improved e-Construction solutions that address each phase of the contract lifecycle for 40 years. These solutions automate construction contract processes from estimation to bidding to construction inspection and management in order to provide an open, collaborative environment for effective oversight of an organization’s construction portfolio. Infotech’s solutions, such as Appia® and Bid Express®, and its longstanding position as the official contractor for AASHTOWare Project™, position the company to help accelerate the adoption of BIM within the infrastructure industry.
“Infrastructure construction leaders are trying to connect their existing e-Construction solutions with their BIM strategy, and Infotech offers key points of connection between owners and their contractors to capture data that feeds into the BIM design. Understanding BIM and future industry expectations is critical for the success of civil infrastructure projects, and we are excited to collaborate with HDR to enhance our BIMFi strategy.”
-Chad Schafer, Infotech Vice President of Revenue.
HDR is a full-service engineering, architecture, environmental and construction services firm specializing in both horizontal and vertical infrastructure. In 2022, its transportation program was ranked in the Top 5 design firms in the United States by Engineering News-Record. As a leader in the application and integration of digital delivery methods, they specialize in engineering design, construction management, and data acquisition services. In addition, the firm offers advisory services for enterprise digital workflows to support lifecycle data strategies for managing transportation infrastructure. HDR is currently working with the Federal Highway Administration (FHWA), American Council of Engineering Companies (ACEC), buildingSMART International (bSI), American Association of State Highway and Transportation Officials (AASHTO), and American Roadway Transportation Builders Association (ARTBA) to research, promote and advance digital delivery initiatives in the U.S. transportation industry. The firm is renowned for navigating the changing environment of BIM and digital delivery as well as leveraging enterprise data to advance infrastructure projects.
“There are tremendous opportunities in this industry to leverage digital data to inform decisions during the design, construction, operations and maintenance phases. We are strong advocates for open data standards to more efficiently connect the different business areas, which will make it easier to collaborate and provide digital information that can be used to improve the project delivery process from start to finish. Our collaboration with Infotech will help advance these processes.”
-Alexa Mitchell, HDR Transportation BIM Program Manager.
Infotech and HDR will work together to expand the use of BIM throughout project delivery of civil infrastructure projects by focusing on open data standards to support the asset lifecycle.
It is extremely common for data to be siloed across business areas both for the owner and the contractor. Now, when you talk about BIM and digital project delivery, it is all about collaboration and managing the full asset lifecycle. The United States is behind when it comes to open data standards, and together, we are two leaders in the industry focused on advancing the adoption of these best practices to help our industry move forward, faster.”
Info Tech, Inc., DBA Infotech (Infotech) is a leading SaaS solutions provider for the infrastructure construction industry. Informed by DOT relationships and decades of experience, Infotech develops software solutions that bridge the gaps between owners, consultants, contractors and other project stakeholders. Whether it be tools for construction administration and inspection or secure online bidding, Infotech’s solutions are built to increase transparency, productivity and insights through data management. Infotech is the developer of Appia®, Bid Express®, and Doc Express®, as well as the official contractor for AASHTOWare Project™. For more information, visit infotechinc.com.
For over a century, HDR has partnered with clients to shape communities and push the boundaries of what’s possible. Our expertise spans more than 11,000 employees in more than 200 locations around the world — and counting. Our engineering, architecture, environmental and construction services bring an impressive breadth of knowledge to every project. Our optimistic approach to finding innovative solutions defined our past and drives our future. For more information,