About This Constellation ShortList™
Constellation Research estimates a $241.3 billion market for innovation services and engineering by 2027 growing at a 4.1% CAGR. This category spans both physical and digital of- ferings and how clients can engage third-party service firms to innovate, design, develop, test, deploy and refresh an offering.
As monetization models evolve from product sales to sub- scription services, from paid to ad-funded and from all you can eat to smallest unit, innovation services and engineering providers also work with clients to develop both the revenue and monetization models.
Innovation services and engineering firms play a key role in accelerating concept to commercialization and also the con- tinuous innovation process around the offering life cycle.
Constellation considers the following criteria for these solutions:
- Create overall offering strategy
- Foster innovation, prototyping and ideation
- Design monetization and business models
- Deliver immersive user experiences
- Conduct requirement analysis
- Craft product design
- Develop offering
- Provide testing
- Deliver quality assurance
- Deploy offering
- Support offering
- Enable product re-engineering
The Constellation ShortList™
Constellation evaluates more than 50 solutions categorized in this market. This Constellation ShortList is determined by client inquiries, partner conversations, customer references, vendor selection projects, market share and internal research.
- ALTEN GROUP
- CAPGEMINI (INCLUDING ALTRAN)
- DXC TECHNOLOGY (LUXOFT)
- HARMAN, A SAMSUNG COMPANY
- HCL TECHNOLOGIES
- PERSISTENT SYSTEMS
- TATA CONSULTANCY SERVICES
Frequency of Evaluation
Each Constellation ShortList is updated at least once per year. Updates may occur after six months if deemed necessary.
Constellation clients can work with the analyst and research team to conduct a more thorough discussion of this Constellation ShortList. Constellation can also provide guidance in vendor selection and contract negotiation.