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Top Three Challenges to Innovation and Solutions

There are several challenges faced by the ESO companies while attempting innovation. Challenge: Intellectual Property – Most of the work done by ESO’s is done directly for their customers on their products. Thus by default, they do not own the product. Any innovation that emerges as a result of the work carried out belongs to

Moving up the Value Chain through Innovation

ESO companies can take the following steps to grow up the value chain through innovation. LEAN/Six Sigma Most companies start their journey on process improvements through LEAN/Six-Sigma. This is a time tested method and has been adopted across all sectors. At Quest, we started the journey in 2006-07. The Six-Sigma concept brought rigor in terms

Emerging trends in Engineering Services in India

The engineering services industry has evolved over the last 20 years in India. Currently there are approximately 6000 engineering services organizations in the country. Over this period, customer expectations and service offerings from suppliers have changed. After the success of IT outsourcing success, we saw many companies starting outsourcing their engineering efforts for various reasons: