Services Offered By Engineering Outsourcing Companies
Over the past few years, there has been considerable changes in the engineering landscape both in terms of development trends as well as manufacturing. One of the interesting observations was that approximately 30 percent of organization’s ran their engineering centers in emerging and developing economies, simultaneously outsourced engineering services to other third party engineering solution providers as a de-risking strategy. This was also done in order to set up a global delivery model. A huge percentage of these captive engineering centers were established as engineering centers to assist their manufacturing base in developing economies.
As opposed to the popular belief, the key factor that drives outsourcing is not just about cost. Though organizations are willing to leverage outsourcing at a lesser expense, the first priority is to ensure and retain flexibility and outsource non-core functionalities and augment engineering skills so that the products are attained better, faster and in a cheaper way to the market place. Therefore, engineering services outsourcing has been one of the key trends in the engineering landscape.
However, one of the major restraint to outsourcing is the constant tensions concerning the IP issues. Engineering organizations that have decided to outsource has managed this process by selecting the appropriate partners and by selectively outsourcing non-core practices. There have been situations where the work content was extremely critical and the enterprise’s decided to make the best of a global delivery model by implementing it on-site rather than offshoring the same.
Over the last decade, there has been eminent engineering outsourcing companies that have emerged. These companies have a wide range of service offers from concept designing, product realization solutions in aerospace product and parts manufacturing, civil structures, industrial products, power generation, oil and gas engineering and so on. Furthermore, in order to alleviate any kind of engineering risk fast, these companies offer services like:
· Offering resources that help to augment or substitute your in-house staff
· Design and detailing
· Engineering analysis
· Manufacturing engineering
· Technical publications
· Sustenance engineering
· Embedded systems
· Special services
· Plant and Process
· Simplifying the cost structure and margin pressures
· Quicker turnaround times in order to ensure a quicker time-to-market of products
· Working towards pre-specified service level agreements that are beneficial
Leading market players in engineering services outsourcing specializes in offering technologically and innovative advanced engineering solutions that helps the end users to fulfill the specifications as well as surpass the expectations of certain demanding consumers.