An increasing demand for innovative electronic products at lower costs presents tremendous challenges for companies trying to satisfy both requirements. For product companies, Product Strategy governs company’s ability to outwit the competition and propel business excellence. Defining the right product to address the unmet needs is a key starting point; but translating those needs into a product that is made on time, within acceptable budget constraints and then inducted into businesses, requires attention to operational excellence.
The above challenges along with globalization of markets have forced companies to consider outsourcing in the Product & Engineering and Product Design services space. However, product development through an outsourcing service partner raises key concerns such as:
Intellectual Property Rights (IPR) Protection
Product Domain Knowledge
Standardized and well-defined processes
Development and program process integration with partner processes
A product team that will continue to work on the product year-on-year, and
Fixed budget and tough deadlines.
How iGATE Can Help You
In order to address the above constraints, a paradigm shift is required in the mindset of the offshore partner to support the product lifecycle and processes while serving the product companies. iGATE helps companies address these challenges effectively through its Product & Engineering and Engineering Design Services Practice. iGATE's product design services have helped clients reduce their time-to-market while ensuring high levels of quality by leveraging the following:
Decades of experience in Product & Engineering for various OEMs, Tier-1 and Tier-2 companies
iGATE Qzen™ methodologies to steer project management rigor
Experienced technical architects and specialists for product & engineering assignments
Engineering teams with specialized skill-sets and domain knowledge
Investment in various tools and infrastructure
Robust IP security policy and IP protection framework.
iGATE’s Product & Engineering Solutions group brings vast experience in providing R&D, engineering services and product life cycle support in focused industry domains, namely:
Track Record for Client Success
iGATE’s high-quality, cost-effective and business-focused approach to Product Design Services has helped our clients reap significant year-on-year benefits. iGATE has serviced several Fortune 500 clients and market leaders in the product & engineering space. Some of our marquee clients include:
World leaders in information storage products from the US
World’s leading manufacturer of class III medical devices from US
World leaders in digital lifestyle products from Japan
World’s leading automobile manufacturing company from US
Second largest manufacturer of elevators and moving walks from Europe
European manufacturer of handheld entertainment and information delivery products
American manufacturer of multi-functional printers and various office equipments.