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Zinnov Report Highlights Rapid Growth Expected for Digital Engineering Services Market

pioneer in the digital engineering services

Infostretch has been recognized as a pioneer in the digital engineering services sector in a new report by Zinnov, the global management and strategy consulting firm, “Digital Engineering Services – A Market Snapshot”. The report, which is available to download, examines the burgeoning digital engineering services market and Infostretch’s position within it.

Digital engineering services market spend is expected to reach USD 687 billion by 2023. In the five-year period 2018-2023, growth has been on a trajectory of 18 percent CAGR. This growth is being driven by the need to meet and exceed growing customer expectations and for organizations to differentiate themselves from the competition. The report highlights the rise of digital partnerships as a means for enterprises to thrive in the digital era. As they explore new ways of working and fresh business models, digital engineering service providers are stepping up to bridge the gap between traditional IT players and traditional engineering services companies. The new breed of digital engineering service providers help both enterprises and digital natives create value by bringing together core digital skills and industry experience through partnership.

Zinnov highlights Infostretch’s role as a digital engineering service firm whose mission is to help companies accelerate their digital initiatives from strategy and planning through to execution. Infostretch’s own growth has outpaced the growth of the digital engineering service sector as a whole. Zinnov concludes that Infostretch is well positioned to thrive in the market. The report highlights Infostretch’s unique approach to the different stages of the digitalization journey, fundamental to its success: “Go Digital, Be Digital and Evolve Digital”. Additionally, it covers the company’s core capabilities in cloud, data, IoT, mobile and UI / UX, its 25+ proprietary frameworks, accelerators and IP solutions and its proprietary “Intelligent Lifecycle Methodology”.

Commenting on Infostretch, which was featured as part of Zinnov’s Digital Engineering market snapshot report, Sidhant Rastogi, Partner at Zinnov, said, “Infostretch has a structured framework to enable customers to accelerate their Digital Engineering journey. By identifying three distinct stages of digital maturity, Infostretch has built up capabilities across the digitalization spectrum in order to provide customers with tailored solutions that cater to their digital needs.”

Rutesh Shah, CEO and founder of Infostretch, commented, “Infostretch is increasingly the digital engineering partner companies turn to when they need to move their digital capabilities forward rapidly and solve some of the most difficult technical problems. From start-ups to large enterprises, from digital natives to traditional incumbents, we haven’t met a company yet that is not facing disruption from digital. That’s why everything we do is underpinned by the dual need for quality AND speed.”