Market Update

Engineering Software – 2019

March 20, 2019. MPG actively tracks the engineering and design software landscape and has been instrumental in strategic deals with both emerging and longstanding solution providers. Through countless interactions with other thought leaders and thorough research, we’ve taken notice of the following trends and developments:

  • While PLM incumbents continue to focus on heavy equipment, with a small focus shift to electronics, newer PLM companies (e.g., Propel, Upchain, etc.) are primarily focused on emerging manufacturing and field services
  • As simulation and virtual testing become more prevalent, simulation management tools (SMT) and digital thread traceability are bridging design and engineering to supply chains
  • Designers and engineers alike are demanding specialized tools to assist with day-to-day workflows; incumbents are fulfilling this solution need through acquisitions
  • The “Core 4” (Dassault, PTC, Siemens, and Autodesk) continue to diverge their growth areas: greater horizontal market coverage, IoT, electronic design / digital twin, building information management

Practice Leaders

Ralph Verrilli
Managing Director

Michael Magruder
Managing Director

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