Investments in digital engineering are expected to account for 37 percent of the engineering research and design (ER&D) market by 2023, according to a report by Zinnov.
Global corporate engineering and R&D spend is in excess of $1.2 trillion in 2018
Z1000 organizations account for $812 billion of the global R&D spend.
Digital engineering spend is estimated at $293 billion and accounts for 24 percent of overall global corporate engineering spend. [Read more…] about Investments in digital engineering expected to grow