REDWOOD CITY, CA--(Marketwired - Nov 26, 2015) - Aricent today announced that it has been positioned 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 http://zinnov.com/global-rd-service-provider-ratings-2015/. 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.
Aricent is one of the largest Product Engineering Services Company, with recognized depth across nine industries: Semiconductor, Telecommunications, Automotive, Industrial Automation, Consumer Electronics, Consumer & Enterprise Software, Networking, Internet Services, and Media & Entertainment.
"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," said Frank Kern, Aricent's Chief Executive Officer.
Zinnov's annual GSPR study is an exhaustive analysis that covers more than 50 companies in the Engineering R&D space, across multiple verticals and geographies including India, China, APAC, Eastern Europe, and Russia. 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," said, Sidhant Rastogi, Partner & Practice Head, Zinnov
About Aricent
Aricent is the world's #1 pure-play product engineering services firm. The company has 20-plus years experience co-creating ambitious products with the top networking, telecom, software, semiconductor, Internet and industrial companies. The firm's 11,000-plus engineers focus exclusively on software-powered innovation for the connected world. Key investors are KKR & Co. LP and Sequoia Capital.
About Zinnov
We at Zinnov assist our clients improve organization efficiency, innovation and revenue by leveraging global resources and markets. We offer deep expertise in Engineering, Digital and Globalization .Zinnov has been at the forefront of innovation and thought leadership. Our over a decade experience in globalization helps us in understanding customer problems and coming up with viable solutions. We assist our clients in addressing globalization challenges by offering customers insights, data, and implementation support to address their challenges. Our in-depth experience is driven by our focus on engineering and digital practice areas. Visit us at www.zinnov.com
Contact Information:
Media and Analyst Contact:
Juhie Gorwara
Aricent
juhie.gorwara@aricent.com