M is a company that currently provides CFD/FEM analysis for 10 stable customers in Europe and the US. The document recommends that M diversify its engineering service offerings to include CAD data creation, PDM/PLM management, product support, and aftermarket services in order to develop new competencies, gain greater client confidence, and allow for organic growth. It also suggests adapting a nearshore business model.
M is a company that currently provides CFD/FEM analysis for 10 stable customers in Europe and the US. The document recommends that M diversify its engineering service offerings to include CAD data creation, PDM/PLM management, product support, and aftermarket services in order to develop new competencies, gain greater client confidence, and allow for organic growth. It also suggests adapting a nearshore business model.
M is a company that currently provides CFD/FEM analysis for 10 stable customers in Europe and the US. The document recommends that M diversify its engineering service offerings to include CAD data creation, PDM/PLM management, product support, and aftermarket services in order to develop new competencies, gain greater client confidence, and allow for organic growth. It also suggests adapting a nearshore business model.
M is presently into CFD/FEM analysis for their customers products
M having around 10 stable customers in Europe & US is a good sign M has a good client relation ship for years M to diversify their offerings by other engineering services to the company's like : Be part of future projects of clients which will help to develop core competency & also gain client confidence Cad data creation using 3D software's Managing PDM/PLM activities for OEMs Try to place engineers in other functions of the clients like Production support/Quality/Procurement etc M should also look into areas like After market services which includes service engineering, Product manual creation, catalogue creation, Most of these activates may have less revenue compared to CFD/FEM but this will allow M to grow organically This will also make M clients preferred parent for all engineering activities Adapt near shore business model by hiring locals engineers for onsite opportunity
The MSP’s Guide to the Ultimate Client Experience: Optimizing service efficiency, account management productivity, and client engagement with a modern digital-first approach.