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Demand and trends for engineering have changed in a significant manner over the past few years. A survey conducted by ValueNotes reveals that “manufacturing and design comprise of a huge section of the outsourced engineering services.The engineering services outsourcing companies are likely to increase the overall business from approximately $15B in 2010 to about $200B by 2020.” It is the global economic downswing that occurred recently and the overall competitive market that has led to the growth and development of the engineering services outsourcing companies. Outsourcing of such services helps the clients and customers to focus on the core issues. The accessibility of specialized expertiseassists a firm to concentrate on the core competencies as well as develop newer ones. Engineering services outsourcing companies are coming up with new solutions and verticals in order to help the clients reap greater results in productivity. Services that they offer enable in providing cost-effective solutions that help in better, smooth and fast functioning of the firms. These companies provide services in various domains such as product analysis, industrial products, aerospace and civil products and solutions, oil and gas industry related products, aviation industry products and so on. Services and solutions that are offered by the eminent engineering services outsourcing companies can be summarized as follows:- 1. Engineering Analysis 2. Global Engineering services and projects 3. Technical Publication 4. Processes and Plants 5. Embedded Systems 6. Manufacturing Engineering 7. Product detailing and designing 8. Sustenance engineering Benefits that accrue to clients from the engineering services outsourcing companies can be states as follows:- 1. End-to-end and customized solutions 2. The manufacturing processes are of global standards 3. The teams that in work are technically competent 4. Use of State-of-the-art technologies 5. The time to market is quick 6. There is integrated manufacturing services and engineering capacities The upcoming modern modern engineering services outsourcing companies allows the customers to undertake a systematized approach in solving work concerns. In addition to that,resources are managed at a lesser price and the profits are increased.
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Global Engineering services, manufacturing services, modern engineering services outsourcing companies,
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