ISG to Evaluate Digital Engineering Services Being Transformed by AI
04 November 2024 - 5:00PM
Business Wire
Upcoming ISG Provider Lens™ report will
evaluate providers of prototyping, simulation, and large-scale
design testing services
Information Services Group (ISG) (Nasdaq: III), a leading global
technology research and advisory firm, has launched a research
study examining digital engineering services providers that are
leveraging AI to help customers improve all aspects of their
digital enterprise.
The study results will be published in two comprehensive ISG
Provider Lens™ reports, called Digital Engineering Services 2025,
scheduled for release in April 2025. The geographically focused
reports will cover providers supporting AI-driven design and
development, integrated customer and user engagement, platform and
application services and intelligent operations, with a special
focus on the transformative impact of generative AI (GenAI) on
engineering and business operations.
Enterprise buyers will be able to use information from the
reports to evaluate their current vendor relationships, potential
new engagements and available offerings, while ISG advisors use the
information to recommend providers to the firm’s buy-side
clients.
GenAI is transforming the value of digital engineering, from
ideation and virtual prototyping to simulations and large-scale
testing. Large language models (LLM) used in training GenAI are
streamlining common engineering processes, including document
generation, technical search and retrieval, and visual language
models (VLM) are generating detailed specifications from 3D
models.
“Systems endowed with modern AI can predict failures, optimize
workflows and enable efficient remote operations,” said Namratha
Dharshan, chief business leader, ISG Research. “They can add value
to engineering processes with aftermarket services, including
intelligent chatbots, real-time support and predictive system
maintenance.”
ISG has distributed surveys to more than 80 digital engineering
service providers serving the Europe and the U.S. markets. Working
in collaboration with ISG’s global advisors, the research team will
produce four quadrants representing the digital engineering
services the typical enterprise is buying based on ISG’s experience
working with its clients. The four quadrants are:
- Design and Development (Products, Services and
Experiences) evaluating providers of services for integrated
hardware/software development and feature augmentation, including
new data-driven methods and agile design, that yield faster
innovation cycles, accelerated time-to-market and improved customer
experiences.
- Integrated Customer/User Engagement assessing providers
of intelligent aftermarket services for product support through
digital platforms. Critical capabilities in this segment include
providing AI-enabled customer service, remote field support with
AR/VR technologies and self-service knowledge support.
- Intelligent Operations evaluating providers enabling
intelligent operations across industries, particularly within
legacy factories and production plants, helping to make operations
at greenfield and brownfield sites more connected and autonomous,
thereby reducing dependence on manual intervention and increasing
efficiency.
- Platforms and Application Services covering providers’
ability to design and deliver digital platform engineering
competencies. Key capabilities include business and technical
design proficiency, building new experiences, and leveraging
digital ecosystems, orchestration platforms and microservices-based
architectures.
Geographically focused reports from the study will cover the
global digital engineering services market and examine products and
services available in the U.S. and Europe. ISG analysts Srinivasan
P N (Europe) and Dr. Tapati Bandopadhyay (U.S.) will serve as lead
authors of the reports.
A list of identified providers and vendors and further details
on the study are available in this digital brochure. Companies not
listed as digital engineering services providers wishing to be
included in the study may contact ISG.
All 2025 ISG Provider Lens™ evaluations feature expanded
customer experience (CX) data that measures actual enterprise
experience with specific provider services and solutions, based on
ISG’s continuous CX research. Enterprise customers wishing to share
their experience about a specific provider or vendor are encouraged
to register here to receive a personalized survey URL. Participants
will receive a copy of this report in return for their
feedback.
About ISG Provider Lens™ Research
The ISG Provider Lens™ Quadrant research series is the only
service provider evaluation of its kind to combine empirical,
data-driven research and market analysis with the real-world
experience and observations of ISG's global advisory team.
Enterprises will find a wealth of detailed data and market analysis
to help guide their selection of appropriate sourcing partners,
while ISG advisors use the reports to validate their own market
knowledge and make recommendations to ISG's enterprise clients. The
research currently covers providers offering their services
globally, across Europe, as well as in the U.S., Canada, Mexico,
Brazil, the U.K., France, Benelux, Germany, Switzerland, the
Nordics, Australia and Singapore/Malaysia, with additional markets
to be added in the future. For more information about ISG Provider
Lens research, please visit this webpage.
About ISG
ISG (Information Services Group) (Nasdaq: III) is a leading
global technology research and advisory firm. A trusted business
partner to more than 900 clients, including more than 75 of the
world’s top 100 enterprises, ISG is committed to helping
corporations, public sector organizations, and service and
technology providers achieve operational excellence and faster
growth. The firm specializes in digital transformation services,
including AI, cloud and data analytics; sourcing advisory; managed
governance and risk services; network carrier services; strategy
and operations design; change management; market intelligence and
technology research and analysis. Founded in 2006, and based in
Stamford, Conn., ISG employs more than 1,600 digital-ready
professionals operating in more than 20 countries—a global team
known for its innovative thinking, market influence, deep industry
and technology expertise, and world-class research and analytical
capabilities based on the industry’s most comprehensive marketplace
data. For more information, visit www.isg-one.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20241104020665/en/
Press Contacts: Will Thoretz, ISG +1 203 517 3119
will.thoretz@isg-one.com Julianna Sheridan, Matter Communications
for ISG +1 978-518-4520 isg@matternow.com
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