Engineering Services Outsourcing (ESO) is a business model in which engineering services are outsourced to a third-party provider. This model is used by companies to reduce costs, increase efficiency, and access specialized expertise. ESO can include a range of services, such as product design, engineering analysis, prototyping, and testing. It can also include services related to the development of software, hardware, and embedded systems.
ESO is a growing market, with many companies offering services to a variety of industries. These services can be tailored to meet the specific needs of each customer. Companies can also benefit from the scalability of ESO, as they can quickly increase or decrease the number of services they require.
Some of the companies in the ESO market include Infosys, Wipro, TCS, HCL Technologies, and Tech Mahindra. These companies provide a range of services, from product design to software development. They also offer services related to embedded systems, automation, and artificial intelligence. Show Less Read more