This RadarView helps enterprises define their approach for the transformation and digitalization of engineering and manufacturing processes and identify the right implementation partner to support them. It begins with a summary of key trends shaping the supply side of the market. It continues with a detailed assessment of 18 providers of manufacturing smart industry services. Each profile gives an overview of the service provider, its key IP assets, and a list of clients and partnerships, along with brief client case studies. Each profile concludes with analyst insights on the provider’s practice maturity, partner ecosystem, and investments and innovation.
Why read this RadarView?
The engineering research and development (ER&D) domain is constantly evolving with rapidly changing buyers’ preferences, product complexity, and cost pressures. Enterprises are increasingly looking to transform, integrate, and digitalize their engineering and manufacturing processes to adapt to these changes. They now need seamless support from product and software engineers to build complex products and integrate disparate processes. This necessitates that engineering and manufacturing enterprises drive collaborative transformation covering people, processes, and technologies by partnering with digital engineering service providers.
The Manufacturing Smart Industry Services 2023 RadarView™ highlights key supply-side trends in this space and Avasant’s viewpoint on them. It aids companies in identifying top service providers to assist them in adopting smart industry services. It also analyzes each service provider’s capabilities in technology and delivery support, enabling organizations to select the right strategic partners for manufacturing smart industry services.
This RadarView includes a detailed analysis of the following manufacturing smart industry service providers: Accenture, Atos, Capgemini, Cognizant, Cyient, eInfochips, Expleo, Fujitsu, HCLTech, IBM, Infosys, ITC Infotech, L&T Technology Services, Tata Elxsi, TCS, Tech Mahindra, UST, and Wipro.
Our evaluation of service providers is based on primary input from the providers, focused briefings, public disclosures, validation from their clients, and Avasant’s ongoing market interactions. The assessment is across the three dimensions of practice maturity, partner ecosystem, and investments and innovation, leading to our recognition of those service providers that have brought the most value to the market over the past 12 months.
Table of contents
About the report (Page 3)
Executive summary (Pages 4–9)
- Definition and scope of manufacturing smart industry services
- Avasant recognizes 18 top-tier providers supporting the enterprise adoption of manufacturing smart industry services
- Provider comparison
Supply-side trends (Pages 10–14)
- Service providers are expanding their global footprint as smart industry services demand grows beyond North America.
- Automotive and industrial equipment and machinery firms account for nearly 40% of smart industry services revenue.
- Output- and outcome-based pricing gain traction as firms focus on tangible outcomes and impact.
- Nearly 60% of service provider investments are directed towards R&D and talent ecosystem.
Service provider profiles (Pages 15–51)
- Detailed profiles for Accenture, Atos, Capgemini, Cognizant, Cyient, eInfochips, Expleo, Fujitsu, HCLTech, IBM, Infosys, ITC Infotech, L&T Technology Services, Tata Elxsi, TCS, Tech Mahindra, UST, and Wipro.
Appendix (Pages 52–55)
- Research methodology and coverage
- Interpretation of classification
- RadarView assessment
Key contacts (Page 56)
Read the Research Byte based on this report.
Please refer to Avasant’s Manufacturing Smart Industry Services 2023 Market Insights™ for demand-side trends.