Aricent announces that it has been recognized as one of the top leaders in the Global R&D Services market. According to the Zinnov Global Service Provider Rating (GSPR) 2015 Product Engineering Services (PES) study, the company has been placed in the Leadership zone in the semiconductor and telecommunication industries and Aricent rates in the Execution zone across four major industry verticals — automotive, industrial automation, consumer electronics, consumer & enterprise software.
According to the release, Frank Kern, Aricent’s Chief Executive Officer said, “We are delighted to receive this recognition from Zinnov. Being in the leadership position overall is a measure of our in-depth capabilities in product engineering and software. Our sustained effort in creating best-in-class products in R&D gives us a competitive advantage, and fuels our market leadership in the telecommunication and semiconductor industries, even as we diversify into newer verticals and markets.”
R&D service providers were assessed across key parameters including strategy, human capital, product development capabilities, financials, ecosystem connect, infrastructure and innovation / IP creation, lab infrastructure, R&D practice maturity, and customer relationships. The analysis process involved data collection from participating companies, interviews with end customers, and inputs from domain experts.
Aricent is synonymous with leading-edge solutions in networking and telecom, and is reshaping the way we look at these businesses. They are an early adopter in building IOT solutions and provide end to end product engineering services to customers across industry verticals,” added Sidhant Rastogi, Partner & Practice Head, Zinnov.
Zinnov’s annual GSPR study is a thorough analysis scoping more than 50 companies in the Engineering R&D space, across multiple verticals and geographies including India, China, APAC, Eastern Europe, and Russia.