Product Engineering Services (PES) refer to those services that are included in the process of design and development of a device, assembly or system.
Product Engineering helps in the production of items through product manufacturing processes so that those items can be sold. Product Engineering Services mostly deal with activities related to price of the product, ability of the product to perform, and features available for usage and reliability. These activities are carried out with the product so that the resulting product would carry characteristics of a successful product to business. Product Engineering Services include various aspects like designing, development, transition and manufacturing of the product. This process delivers a refined and well equipped product with all its features upgraded for best performance.
Product Engineering also draws a balance between cost and reliability so that the cost of a product and its services can be kept at a desired level. The software market is becoming competitive day by day becoming a great platform for software manufacturers dealing in a particular niche. Software development companies are delivering utility based software by a combination of Software as a service (SaaS) and Web 2.0 technologies. The pace of development of Software product has increased which has resulted in a shorter software development life cycle.
To remain in competition of software service delivery and new product innovations, industry leaders have started to build their own global product development system. Such development systems help software firms to introduce new products and capture market share.
Software Support Management and Delivery has been revolutionized by product engineering services. Software companies are collaborating with different industry leaders to increase their global reach to new customers. Product engineering services are exploiting market adjacencies and enhancing customer experience.
After the introductions of search engines and social networks, companies are innovating web products and related web services so that the power of Web 2.0 can be fully utilized. These applications can be used on Real estate websites, search engines, travel information portal, Geo-spatial search websites and many more. Software Product Engineering Services are also employed in the development of the community online platform so that big companies can launch Enterprise 2.0 applications and services.
Product Engineering Services also help in the reduction of software testing time which in turn helps in the reduction of amount to be spent on software and system testing. There are certain measures that should be deployed during the various phases of software development such as designing, coding, integration, testing. These measures help in keeping the level of quality and reliability of software. If product engineering services are overlooked in the phase of development of any product then product can lack in various aspects. Now-a-days, clients need innovation in services and systems every day in order to keep up with other enterprises, allowing product engineering to become an essential need for every software development company.
A closely related term is Product Re-engineering which deals with developing an existing product in a new way.
On the whole, Product Engineering Services have helped enterprises in the introducing a new chain of products just by modifying the technology used.