Market Research Report
Worldwide Product Engineering and Operational Technology Services Forecast, 2020-2024
|Published by||IDC||Product code||950429|
|Published||Content info||15 Pages
Delivery time: 1-2 business days
|Worldwide Product Engineering and Operational Technology Services Forecast, 2020-2024|
|Published: July 16, 2020||Content info: 15 Pages||
This IDC study presents a five-year forecast for product engineering (PE) and operational technology (OT) services market."In the current COVID-19 market environment, product engineering and operational technology services providers will have to work closely with their customers and ensure they play a significant role in reviving their customer's businesses and enabling swift and safe return to growth. This activity will require them to leverage digital engineering capabilities including robotics, Internet of Things (IoT), digital twins, edge computing, AI/ML, and others in conjunction with traditional engineering capabilities and deploy rapid scalable innovation. As the market navigates the current economic uncertainty, growth rate and profitability for product engineering and operational technology services providers will be determined by their ability to leverage domain-specific and digital services strengths in conjunction with their experience and differentiated traditional engineering services to meet customer expectations," said Mukesh Dialani, program director, Product Engineering and Operational Technology Services at IDC.