An increasing demand for innovative electronic products at lower costs presents tremendous challenges for companies trying to satisfy both requirements. For product companies, Product Strategy governs company’s ability to outwit the competition and propel business excellence. Defining the right product to address  the unmet needs is a key starting point; but translating those needs into a product that is made on time, within acceptable budget constraints and then inducted into businesses, requires attention to operational excellence.

The above challenges along with globalization of markets have forced companies to consider outsourcing in the Product Engineering and Product Design services space. However, product development through an outsourcing service partner raises key concerns such as:

• Intellectual Property Rights (IPR) Protection
• Product Domain Knowledge
• Changing Requirements
• Standardized and well-defined processes
• Development and program process integration with partner processes
• A product team that will continue to work on the product year-on-year, and
• Fixed budget and tough deadlines.

How Patni Can Help You
In order to address the above constraints, a paradigm shift is required in the mindset of the offshore partner to support the product lifecycle and processes while serving the product companies. Patni helps companies address these challenges effectively through its Product Engineering and Engineering Design Services Practice. Patni's product design services have helped clients reduce their time-to-market while ensuring high levels of quality by leveraging the following:

• Decades of experience in Product Engineering for various OEMs, Tier-1 and Tier-2 companies
• Patni PLUS™ methodologies to steer project management rigor
• Experienced technical architects and specialists for product engineering assignments
• Engineering teams with specialized skill-sets and domain knowledge
• Investment in various tools and infrastructure
• Robust IP security policy and IP protection framework.

Patni’s Product Engineering Services group brings vast experience in providing R&D, engineering services and product life cycle support in focused industry domains, namely:

Track Record for Client Success
Patni’s high-quality, cost-effective and business-focused approach to Product Design Services has helped our clients reap significant year-on-year benefits. Patni has serviced several Fortune 500 clients and market leaders in the product engineering space. Some of our marquee clients include:

• World leaders in information storage products from the US
• World’s leading manufacturer of class III medical devices from US
• World leaders in digital lifestyle products from Japan
• World’s leading Automobile manufacturing company from US
• Second largest manufacturer of elevators and moving walks from Europe
• European manufacturer of handheld entertainment and information delivery products
• American manufacturer of multi-functional printers and various office equipments.