Infostretch positioned as a leader in six segments including BFSI and Health in Zinnov’s 2021 ER&D report
Infostretch has been recognized as a leader in six key categories relating to digital engineering services by the consulting, research and advisory firm, Zinnov, in its annual Zinnov Zones for ER&D Services – 2021. In compiling the report, Zinnov evaluated the engineering and R&D-led product and service capabilities of 57 companies globally across eight vertical sectors. The report recognized Infostretch’s ER&D competency across eight “zones,” positioning the company as leader in six of them. These include AI/ML engineering in BFSI, telehealth, AI engineering, ER&D for small and medium service providers and, for the first time, in software platform engineering and enterprise software categories.
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“The rapid digitalization in the last two years has left businesses hungry for more – more agility, greater efficiency, faster innovation and smarter working”
As enterprises adjust to the reality of living in a world with COVID-19, demand for digital engineering services continues to grow according to Zinnov. Recognition in Zinnov Zones for ER&D Services – 2021 underscores Infostretch’s ER&D capabilities in digital engineering as a whole, with leadership positions in the ER&D categories for Small and Medium Service Provider, AI Engineering, Software Platform Engineering and Enterprise Software, as well as recognition of Infostretch as a strong player in the overall Digital Engineering Services segment.
Zinnov’s study also highlights Infostretch’s deep sector experience in financial services, where it was noted as a leader in AI/ML Engineering in BFSI, and in healthcare, where it appeared as a leader in Telehealth and was commended as a strong player for its execution capabilities in Medical Devices.
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Driven by investment from high-tech and services-led industries, digital engineering spend will make up more than half of overall engineering research and development spend globally by 2024. Infostretch’s strategic focus areas map closely to the global trends identified by Zinnov relating to ER&D. For example, in 2021, Infostretch extended the breadth and depth of its digital engineering offering with the acquisition of the tech consultancy, Saggezza, and the data analytics firm, Gathi Analytics, as well as several strategic partnerships to enable it to develop digital products faster for customers.
“The rapid digitalization in the last two years has left businesses hungry for more – more agility, greater efficiency, faster innovation and smarter working,” commented Rutesh Shah, CEO & Founder of Infostretch. “Enterprises across the board, and especially in high-adoption segments, are digitally transforming themselves and reaping the rewards. They’re quickly realizing the ROI possible from shrewd digital investment and are now looking ahead at how to further leverage digital to advance business goals. The next wave of digital transformation will come from capabilities such as automation, AI, ML and data analytics.”
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