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Product Engineering – Talent Intelligence US

The global Engineering R&D spending is poised to top US$1.7 trillion in the next 3-4 years, led by the automobile, pharma, and software & internet-enabled sectors – together these sectors account for 45% of the total global spend. US enterprises – Alphabet, Apple, Amazon, Cisco, and Facebook are the top Engineering R&D spenders globally. US alone accounted for 58% of the total global spend. The market movements will create and facilitate opportunities for the Big Tech firms and Independent Software Vendors – global spend in this market stood at US$117bn. However, the expansion in engineering-led product development and related services will also need the requisite talent to add business value.

In this report we bring out the employment and staffing trends in the US Engineering R&D market, the demand for and projected supply of talent and the shortfall expected in the market. We also take a look at the salaries of Science & Engineering talent in the US and the demand for talent across major Science & Engineering hubs in the US.

Understanding of talent needs is not complete without a study of skills landscape which forms an important part of our research. We have mapped each component/stage within the software product engineering and embedded systems engineering value chains with the most common roles that companies are hiring for.

You will also have an opportunity to have a closer look at the service provider landscape across segments – Large global players, mid-market and emerging providers. We have built detailed profiles of 10 Tier 1 players with presence across the globe having a strong portfolio of Product Engineering services, their talent strategies and best practices.

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Talk to experts

Amit Kumar

President and Co-Founder

Amit has a diverse background in multiple industries including automobile, telecom, and banking, and is passionate about scaling up operations.

Amit has played an instrumental role in scaling operations of Avance Consulting and scaling it to over 10 countries with a team size of over 700 people and is rated as one of the top technology staffing companies in Europe.

Amit is passionate about coaching and building talent. He has been on the advisory board of a school. He has not only invested in multiple early stage start-ups but also coached entrepreneurs on scaling up their businesses.

Pravin Dudhe

CEO and Co-Founder

Pravin has been a serial entrepreneur all through his professional life, co-founded 2 successful companies and helped another start up build their business to give a successful exit. He has worked in the media and entertainment industry with focus on video games, animation and advertising across India and UK. He had a successful exit from his first few start-ups, Octoplus Entertainment (video-games and animation); and PhoneSpots (mobile advertising). 

Pravin is onto his 3rd venture, Avance Consulting, which is in the field of HR and Talent Solutions. Avance has operations in over 10 countries with a team size of 700 people and is rated as one of the top technology staffing companies in Europe. He is also an active investor in start-ups, especially, in early-stage companies. He has invested in over 10 different companies in the field of Ad-tech, HR-tech, and Reg-tech. He is passionate about start-ups and scaling up.