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Digital Engineering - The Game-Changing Trend On The ER&D Block | Zinnov Zones ER&D Ratings and Insights


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Today, every vertical you can think of is being disrupted by digital technologies and almost every firm is moving towards becoming a digital company. New-age technologies such as AI, ML, IoT, Robotic Process Automation, and Blockchain are pervasively being adopted across industries.

The ER&D market is also evolving as a function of this increasing proliferation of digital in businesses. The overall R&D spend has always been consolidated, with the top 100 spenders accounting for nearly ~61% of the Z1000 R&D Spend (Top 1000 R&D Spenders globally). Despite such huge investments, the top spenders have been suffering mortality and are being replaced by newer firms which are primarily digital natives. In the wake of disruption and to stave off competition, large traditional R&D spenders are investing heavily in digital engineering capabilities to keep up with the rapid change. Zinnov has closely studied the impact of digital engineering on ER&D, and the resultant opportunities and challenges that lie ahead for Service Providers. Read more here:

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Digital Engineering - The Game-Changing Trend On The ER&D Block | Zinnov Zones ER&D Ratings and Insights

  1. 1. Zinnov Proprietary Confidential 1 Zinnov Zones 2018 ER&D Services December 2018
  2. 2. 2 Aerospace & Defence Automotive Biotechnology Consumer Electronics Chemicals & Materials Energy & Utilities Healthcare payers & providers Peripherals & Storage BFSI FMCG Industrial Global Corporate Engineering and R&D Spend is in excess of USD 1.2 Trillion in 2018 Z1000 organizations Media & Entertainment Medical devices Pharmaceutical Retail Semiconductor Telecommunication Travel & Hospitality Software & Internet Mining & Metals Transportation & CHM Others Zinnov has increased its coverage through new verticals such as BFSI, Retail, and Travel & Hospitality, etc. which reflects as increased Corporate ER&D spend Z1000 R&D Spend Total Corporate R&D Spend Total Corporate ER&D Spend USD975B USD1228B USD812B Spend of Global Top 1000 R&D Spenders R&D Spend by Global Corporates (includes companies beyond Z1000) Includes Traditional R&D spend and Total Engineering Spend Organization wide Manufacturing engineering spend Project Engineering Spend MRO Spend in aerospace Regulatory Services spend Telecom NW Service & Layout The Global Corporate ER&D Spend is pegged at USD 1.2 trillion Source: Zinnov Z1000 database, Zinnov Research & Analysis
  3. 3. Zinnov Proprietary Confidential 3 INSIGHTS ACROSS 13 ER&D VERTICALS Source: Zinnov Research & Analysis
  4. 4. Zinnov Proprietary Confidential 4 ANALYSIS ACROSS 5 ER&D HORIZONTALS
  5. 5. Zinnov Proprietary Confidential 5 Niche Expansive EstablishedEmerging Scale&Scalability,#ofVerticalsserviced,ClientSpread TCS HCLAltran Tech Mahindra Cyient HARMAN Connected Services Mindtree GlobalLogic Tata Elxsi Sasken eInfochips EPAM KPIT Technologies Sonata Software Infogain Happiest Minds ITC Infotech Wipro Alten L&T TS Capgemini Aspire Systems R Systems Xoriant Bosch* Overall ER&D Ratings 2018 Specialization, R&D practice maturity (depth and maturity services), Innovation & IP, Eco-System Linkages, Customer input Source: Zinnov Research & Analysis Tieto UST Global VVDN Technologies Persistent Itransition QuEST Global Mindteck Tata Technologies *Robert Bosch Engineering and Business Solutions
  6. 6. Zinnov Proprietary Confidential 6