DECEMBER 20194siliconindiasiliconindiaThe scope of engineering services has expanded to include a broad range of new product development, value engineering and product support functions. This changing role of engineering service providers is driving the industry's growth substantially. Unlike in the past, India-based global service providers (GSPs) have been considered for more strategic roles like co-innovation and joint development projects, which are based on a risk-sharing model. Engineering services has traditionally included services required at each stage of the product lifecycle, from conceptualization to retirement. Product design and development, which is core to the engineering function, have long leveraged IT through tools and databases and through the automation of certain processes.Organizations often require a variety of specialized engineering services when developing a new product, process, or a service. This includes concept development, design elements, prototyping of the product or service itself, plus the infrastructure, equipment, and processes involved in their manufacture, maintenance, or delivery. Several start-ups have tapped the opportunities that engineering services market is presenting currently. These start-ups are integrating IT more tightly into the design of products so that technology envelopes and enables them. Smart machines and equipments are engineered with built-in IT so that it connects to a smart platform for predicting, preventing and scheduling maintenance. Identifying the same, in our current edition, we have featured a list of "10 Most Promising Engineering Services Startups". The list features innovative start-ups that act as experts and assist organizations to sustain profitable growth and help them unlock the true potential of product portfolio. These start-ups believe a tightly integrated product-service combination can be used to solve real time problems rather than mere products.Do let us know your thoughts on this. Nandini MukherjeeManaging EditorThe Growth of Engineering Services Startups EDITOR'S NOTE Vol 05 · Issue 9 - 8 · December - 2019 Publisher Alok Chaturvedi Managing Editor Nandini Mukherjee Editorial Team Aparna Roy Monica Pallavi J Riya Sethi Sales & Marketing Garima Anand Tapas Ranjan Mallick Editorial Queries editor@startupcity.com To subscribe Visit www.startupcity.com/subscribe Cover price is Rs. 150 per issue.Printed and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2019 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.sales@startupcity.comGroup Art Director Ashok KumarCirculation Manager Magendran PerumalVisualisers Vimalraj Siva ShankarGM Sales & Marketing Amrit Singh
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