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Engineering Services Outsourcing: Growing Demand, Untapped PotentialTechnology-led innovations, global expertise and broad vertical capabilities will be high priority areas in the clients' demand list this year.Engineering Services - An Outsourcing EvolutionAn increasingly competitive market for engineering services has made outsourcing indispensable to the industry, more so following the downturnEngineering Design from India is Set to SoarIndias journey into outsourcing began with an unexpected twist: when panic spread about the Y2K threat. An ignominiously low-level fix repetitive, requiring little or no skill changed the IT landscape. India became an IT giant as it quickly understood the IT application space and by 2000, when newer technologies like Java and the web evolved, India moved into developing low-cost high-volume applications for customersEngineering Services Outsourcing (ESO) - What lies ahead?Despite the grim scenario during 2008-09, the engineering industry is moving ahead, as is evident from an upswing in deals being signed. Some major outsourcing deals signed by leading industry players indicate a gradual return to business as usual.Michigan Faces Significant Engineering ShortageAs the automotive industry tries to shift quickly toward a focus on hybrid and plug-in vehicles, executives are desperate to find engineers to develop these technologiesEngineering Services Outsourcing (ESO) Market to Touch $40 Billion by 2015India holds a relatively strong position in the global Engineering Services Outsourcing (ESO) market, with a potential of $40 billion by 2015, believes Frost & SullivanChanging Lanes with ESOA product may be "Made in China" or "Made in U.S.A." but it's the "Engineered Globally" tag that is up for grabsThe Future of Engineering Services OutsourcingDriven by Access to Local MarketAerospace Outsourcing Can Turn Shops Into High FlyersThe aerospace market has taken a major upturn and is expected to be strong for several years to come, and more than ever before, prime aerospace contractors are outsourcing almost all of their regular machining and are actively looking for qualified shops to do that work (Source: American Machinist)Centers of Excellence for Engineering Services GlobalizationEngineering-services talent highly specialized yet widely distributed across the globe. Here is a guide to short-listing the key destinationsAutomotive Design and Engineering Services Offshoring to be $1 Billion by 2010: StudyWith the automobile industry in the U.S.A. and Europe facing turbulence on various fronts, offshoring seems to be emerging as the obvious option. This has in turn enticed leading Indian auto majors
What the Customer Wants?Excerpts from an interview with Animesh Jain, chief delivery officer, 24/7 Customer, a managed services provider of online predictive experience solutions.
India Emerging as a Major Outsourcing Hub for Engineering ServicesMost companies in India have advanced capabilities and skill-sets, and have invested in technology to take advantage of this opportunityBridging the Divide: Demand for ESO and Shortage of TalentThe last few years have seen many changes in the engineering outsourcing market. Only a small number of companies with the right resources have been able to tap this opportunity, but overall the prospects for the industry look bright.
Outsourcing Tech Manufacturing May Hurt U.S. Firms' InnovationThe U.S. long ago ceded manufacturing of consumer electronics to Asia, and now product R&D and innovation are following suit, some tech industry veterans argueIndian ESO to Treble by 2012-13Engineering Services Outsourcing (ESO), an area that encompasses outsourcing of engineering services largely involved with operations linked to the pre-manufacturing stage (designing, prototyping to name a few) and analysing data points for process improvement, is poised to be the next big opportunity in the Indian outsourcing services industry, according to a recent CRISIL Research studyEngineering Talent Draws Major Bank to Test China for IT ServicesWhen a major Northeast bank decided to send an application project to China, price was not its first consideration. The bank is a good customer of two large Indian service providers, and has been for years. Negotiating a competitive rate is not a problem. Nor is high turnover rate--a common complaint voiced these days about Indian providers. Important customers tend to be shielded from revolving staff doorsEngineering Design Services: Advantage, IT PlayersGlobal engineering services outsourcing has benefited vastly from mature IT services delivery model. It is no surprise that IT services firms rule this segment in IndiaRe-engineered GloballyAs outsourcing moves up several notches from writing code and answering calls, companies such as Boeing, Rolls Royce, Smiths Aerospace and General Motors are betting on getting their engineering components designed abroadTop 5 Engineering Service Providers--Winner Patni Computer ServicesPatni’s success defines a new theory, which proves the proportional relationship between capability and revenueEngineering Services Offshoring: Finally in the LimelightIndian IT association for software and services, Nasscom, now shifts its attention to engineering services — an area where the country has to compete hard with the likes of China and RussiaBig U.S. Firms to Face Competition from Offshore Firms: AMR ResearchAs much as $100 billion in single-vendor outsourcing deals are set to expire in the next two years and the biggest U.S. outsourcers hold 72% of these contracts
