Thursday, March 3, 2016

T&M Services can drive the overall Engineering Services Companies sharper!


Globally the technology sector is being monitored for its all pervasiveness.The tech sector is usually
perceived as the IT industry and its hardware,software services and peripherals to the core computing
platforms.Therefore the Engineering component of technology sector is counted as the IT.There is no
harm in doing that as Engineering Services are technological in nature and if simplicity is to be maintained in drawing the numbers,it makes sense to do that way.However the outsourcing of Enterprise and its relevance to countries like India,there is a case to look closely IT services exports and Business Process Management Exports.Industry circles feel that Engineering Services Export may turn out to be the outlier within various segments under IT sector.

The Engineering Services sector is itself quite broad.And various engineering services like Application Development, and Maintenance types are getting commodities and priced very genetically in the market place.The IT industry defines and names Mechanical,Embedded,Product Life Cycle Management and Software product as the sub segments.Now our submission is to look
the T&M industry as the specialized T&M services (software,application development etc) as part of
Engineering Services.T&M calibration services,metrology and synchronization will also be its part.

If T&M services become officially part of the Engineering Services spectrum,the higher growth attributed to it will really shine distinctly and it will benefit the T&M industry immensely.This highlighting of T&M services as part of Engineering Services Export was done in this blog,few years
back too.May be the time for this idea has now come,with the arrival of several 1Billion Dollar Engg
services business breaking out as the service companies.

There is time to rethink and reboot T&M services from this angle.

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