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Top Product Engineering Companies In 2024

Written by Nivedita Nayak | Dec 5, 2023 12:30:00 PM

Constant innovation and consistent competition are the wheels of modern product engineering, and it has initiated the ability to give a first idea and new direction to businesses worldwide. The market size of product engineering was valued at $1085.8 billion in 2021 and is projected to reach $1610.6 billion by 2031, growing at a CAGR of 4.1% from 2022 to 2031.

Consequently, enterprises globally are opting for more product engineering services as Agile software engineering has become critical to stand out in today's business climate. Thus, businesses need a foundational product development strategy and industry experts as their next step.

If you're also searching for a top product engineering company to partner with for your next project then we've got it covered for you. Below is a list of the best product engineering companies we have shared to guide you further.

TL;DR

  • Teams are looking for more and more product engineering companies due to their skilled and diverse talent pool, as a strategic gateway to global markets, to ensure that their products meet or exceed international quality standards, and more.
  • We have gathered a list of 11 best product engineering companies with thorough market research, and set parameters.
  • Some of the popular product engineering companies are Classic Informatics, Every Interaction, Thoughtbot, I4 Product Design, and more.
  • To see how Classic Informatics can be your top choice as a product engineering company, request a quote or send us an email at hello@classicinformatics.com

Top Product Engineering Companies

Product engineering stands as a cornerstone for driving progress and shaping the future. They play a pivotal role in this arena, spearheading breakthroughs and delivering unparalleled solutions across diverse industries. Let's take a look.

#1. Classic Informatics

Classic Informatics is one of the leading Product engineering companies with a team of enthusiastic members who provide complete product engineering solutions. With its office based in India, UK, and Australia, the company assists startups, small businesses, and large enterprises in strengthening their digital ability.

Backed by cognitive user behavior, the team of top-notch developers can build your product to capture the interest of your audience. The company was founded in 2002 and has more than twenty years of expertise in developing software products for various industrial design verticals. While the company's sales team is in London and Sydney, its development center is located in India, offering services to its customers at an affordable price.

Also known for their on-time delivery, the dedicated teams in Classic Informatics use new-age technologies and frameworks to develop effective and efficient product engineering and manufacturing solutions.

From UI designing, application development, and quality testing to ongoing maintenance, this product engineering company helps clients move their desktop software to web platforms. Highly experienced in multi-shore interactions, these teams have core knowledge of product engineering to accelerate the development cycle while being on time and cost-effective.

What sets Classic Informatics apart from other product engineering companies is its knowledge of best-in-class technologies that the company uses to build products and software.  Another cool feature you get from partnering with Classic Informatics is its solid team which will prepare the tech stack and software delivery process as per your requirements.

Years Of Service: 20+

Headquarters: Gurugram, India

Expertise: Product Engineering, Digital Experience, Custom Web Development Solutions

Team Size: 250+

Average Rate: $25 - $49 per hour

 

#2. Blue Label Labs

Established in 2016, Blue Label Labs is dedicated to crafting impactful digital products and experiences that facilitate meaningful connections between businesses and their audience. This digital product engineering company specializes in delivering innovative solutions for startups, digital agencies, and enterprises of varying sizes. Their comprehensive product development approach spans four key stages: discovery (research and analysis), definition, building (prototyping and refinement), and delivery (testing and iteration). Blue Label Labs not only assists businesses in validating their ideas but also integrates innovation and strategy seamlessly into the development process.

Collaborating with brands and businesses, Blue Label Labs is committed to revolutionizing traditional processes. Whether it's developing internal applications, bringing business concepts to life, or tailoring solutions to meet specific client needs, this digital agency is equipped to fulfill a diverse range of requirements.

Years Of Service: 12+

Headquarters: New York City, USA

Expertise: Mobile Apps, Machine Learning, Big Data, E-Commerce, Clover Point-of-Sale

Team Size: 250+

Average Rate: $100 - $149 per hour

 

#3. Nyker

Established in 2016, Nyker is a product engineering and manufacturing company in the UK that supports businesses to bring ideas to market. Situated in Brighton, the company has a small team of engineers and designers who focus on discovering exceptional solutions and generating value through innovation.

The founder, Dave Walker, has a decade of experience in product engineering. Nyker, one of the UK's top product engineering companies, strives to deliver new solutions to elevate the product in its target market.

The company aims to work with passionate and daring who want to develop innovative products, with a purpose. Nyker's mission is to develop 1000+ products in ten years, which will bring positive change in the digital environment. The enthusiasm in Nyker believes in agility, personalization, and innovation.

Years Of Service: 8+

Headquarters: Brighton, United Kingdom

Expertise: Product Engineering, Business Consulting

Team Size: 10+

Average Rate: $21- $31 per hour

 

Read Also: What Are Digital Experience Platforms?

#4. Cognizant

Cognizant rightfully earns its place on this list, consistently aligning its strategies with the specific needs of businesses. More than merely developing software, Cognizant is dedicated to crafting exceptional user experiences and delivering impressive results. Their Software Product Engineering (SPE) methodology goes beyond coding, focusing on enhancing customer satisfaction.

Operating across diverse sectors such as healthcare, finance, and technology, Cognizant specializes in aiding businesses in the creation and enhancement of software, digital platforms, and technological solutions. Think of them as the trusted partners for companies aspiring to create innovative digital solutions.

As a prominent tech powerhouse, Cognizant's global presence extends to over 70 countries, offering its services on a worldwide scale. Their commitment to not just software but also remarkable user experiences underscores their excellence in following the Software Product Engineering (SPE) approach.

Years Of Service: 25+

Headquarters: Chennai, India

Expertise: Mobile Apps, Machine Learning, Big Data, E-Commerce, Clover Point-of-Sale

Team Size: 250+

Average Rate: $100 - $149 per hour

 

#5.Every Interaction 

The company was founded in 2011 with a team of creative designers, AI engineers, and exceptional strategists striving to help their clients become better versions of themselves. Offering product engineering services, Every Interaction is one of the leading product engineering companies in London, United Kingdom. 

With a team of brilliant minds, they share fascinating success stories, showcasing their ability to deliver, and expertise. From award-winning product design services and engineering solutions to end-to-end business consulting development, their expertise exceeds sectors and services worldwide.

Apart from product engineering services, Every Interaction has created intelligent, cost-effective, intuitive products, mobile apps, web services, and websites. Moreover, they are committed to upskilling their tech specialists for a better customer experience.

Years Of Service: 10+

Headquarters: London, United Kingdom

Expertise: Product Engineering, Business Consulting

Team Size: 10+

Average Rate: $100 - $149  per hour 

 

#6. Idea Reality - Product Design 

Idea Reality: Product Design has technology experts providing product engineering solutions that solve business challenges and provide value to startups, established businesses, and enterprises. The team uses agile development to provide exceptional solutions with value for money.

The product design company was born in 2013 and provided cost-effective yet award-winning product design, development, prototyping, and 3D CAD services for recent projects. Over the years, the top product engineering company has served clients in the UK, Europe, and all over the world, 

With its head office in Andover, Hampshire, UK, they have a centre of excellence in central London. Thus, it allows the company to local liaison in the UK and high-level technical design while accessing incredible tech talent.

Years Of Service: 10+

Headquarters: Andover, United Kingdom

Expertise: Product Engineering

Team Size: 10+

Average Rate: $50 - $99 per hour

 

#7. Simple Thread

The next organization to make it to the list of top product engineering companies in 2023 is Simple Thread. It is a digital product engineering company based in New York. They can help businesses craft intuitive and user-friendly digital experiences through different products. They have a team of software engineers and product designers who have been delivering digital solutions since 2014. 

As a product engineering company, its main aim is to create products that are built to last while also satisfying the client’s business requirements. Their services encompass everything from product strategy to user research, user experience design, digital product development, and more. In addition to building the product, Simple Thread promotes, markets, and distributes them among the target audience. Over the years, they’ve excelled in supercharging digital products for businesses of all niches and sizes. 

Years Of Service: 10+

Headquarters: Richmond, Virginia, United States

Expertise: Product Engineering, UX/UI Design

Team Size: 50+

Average Rate: $150 - $199  per hour

 

#8. Thoughtbot

Thoughtbot has a foothold in product engineering and has received outstanding evaluations on sites like Clutch and GoodFirms. The company has your back if you need product engineering services or mobile application solutions.

The team at thoughtbot specialises in mobile app development and product engineering, and they also help you with UX/UI solutions. With more than 19+ years of experience, the top product engineering company in the UK provides clients with the option to create new products from scratch or manage their current ones.

With a team of 250+ dedicated experts, the company provides mobile applications and product engineering services to build a culture that encourages growth and the free flow of influence and ideas, shaping the customer journey and their outcomes.

Years Of Service: 19+

Headquarters: London, UK

Expertise: Product Engineering, mobile application

Team Size: 250+

Average Rate: $150 - $199  per hour

 

#9. Door3

Door3 is a New York-based software development firm that enables businesses to leverage technology to their advantage. The company comes with 20 years of experience and has successfully delivered over 500 projects. With its headquarters in the heart of Manhattan in New York, the company has a physical presence in Texas and Switzerland. However, the company is offering services to businesses across the globe. They promise to cultivate excellence and expertise in every project that they deliver. 

They hold expertise in delivering competent software development solutions with an insight-driven strategy that is supported by their design practices. This technology firm offers end-to-end solutions for building business applications, software, and other digital products vital to the organization. It aims to help businesses de-risk their complex software projects. 

Years Of Service: 20+

Headquarters: New York, USA

Expertise: Product Engineering, Custom Software Development, UX/UI Design,

Team Size: 250+

Average Rate: $150 - $199 per hour

 

#10. D2M Innovation 

As a leading product engineering company in the UK, D2M Innovation specialises in helping startups and SMEs build innovative product designs to enhance their capability and extend their product engineering services in the target market. 

The company was established in 2010 and held an experience of more than ten years. Over the years, the organisation has built a reputation for designing and developing innovative software and other digital products.

Their flexible and fast-moving solutions enable their clients to continue improving their businesses and gain a positive reputation.

Years Of Service: 10+

Headquarters: Cheltenham, United Kingdom

Expertise: Product Engineering, other designing

Team Size: 50+

Average Rate: $100 - $149 per hour

 

#11. i4 Product Design

Established in 2003, i4 Product Design is a dream project of its four founders with a vision of growing alongside the clients by producing best-in-class designs. The Edinburgh-based product engineering company in the UK offers businesses the ultimate product engineering services to help them achieve tremendous success with technology. 

With best-in-class expertise and experienced developers, the UK company holds 18+ years of experience across different industries and enterprises. As a full-service product and design agency, i4 Product Design Agency provides a complete range of design and development support.

Years Of Service: 18+

Headquarters: Edinburgh, United Kingdom

Expertise: Product Engineering, IOT development, Custom software development

Team Size: 50+

Average Rate: $50 - $99 per hour

 

#12. Praxent

Praxent has been enabling businesses to modernize their digital offering in order to remain competitive. They have been in the industry for over 20 years and offer cutting-edge solutions to help businesses succeed. This product company partners with businesses of all scales, especially those in the financial services sector, to help them achieve their digital transformation goals. Their expertise lies in modernizing digital experiences to help businesses grow. 

They specialize in building financial solutions for industries like lending, real estate, insurance, etc. One can get complete solutions from product design to development, staff augmentation, product extensions, front-end development, complete re-architecture of the product, and more from Praxent. 

Years Of Service: 20+

Headquarters: Austin, USA

Expertise: Product Engineering, Web development, UX/UI design, Web Portal Development

Team Size: 250+

Average Rate: $50 - $99 per hour

 

#13. Together

With more than 19+ years of experience, the top product engineering company in the UK enables its clients to create new products from scratch or manage their current ones. Being one of the top product engineering companies in 2023, Together provides complete development services across all industry verticals. 

With 25+ engineers, the agency enables tech companies to build their brands, websites, and digital products. They have the expertise to undertake all your digital services to help build and elevate your brand and digital experience. Apart from product engineering, it also provides web development, full-stack development, and product development services to large companies.

Years Of Service: 19+

Headquarters: London, United Kingdom

Expertise: Product Engineering, Full-stack development, Custom software development, web development 

Team Size: 50+

Average Rate: $150 - $199  per hour

 

#14. Furthermore

Headquartered in Budapest, Furthermore also has an office in London, United Kingdom. With an award-winning design team and engineers, the company enables businesses to tackle some of the biggest challenges and bolster their digital design experiences. Furthermore is led by the award-winning design duo Steve Johnson and Hana Sutch, who have more than 30+ years of experience.

The top product engineering company was founded in 2013, transforming customer experiences in industries worldwide. The product design company also seeks to offer startups and enterprises the ultimate product engineering solutions to help them achieve tremendous success with technology. Their processes and functions are meant to ensure the customer's business, services, and product success.

The team of engineers in Furthermore follows the agile methodology and hypothesis-driven framework to improve your product or service. 

Years Of Service: 8+

Headquarters: Budapest, but office in London, UK

Expertise: Product Engineering, mobile app development, Custom software development, web development, digital strategy

Team Size: 250+

Average Rate: $100 - $149 per hour

 

#15. Ustwo studio

As a digital agency and product engineering agency in London, United Kingdom, Ustwo Studio launches products and services with solid design, marketing, and tech credentials. The professionals at Ustwo follow a culture of trust, collaboration, and honesty, which inspires them to bring out their most creative and considered thinking.

Born in 2004, the company loves to partner with leading global brands that want to make a difference globally. Their full focus on unrivalled user experience design and best-in-class technical practices enable them to build world-class products and services. Their cultural values are centred around enabling the ambitions of 250+ inspiring and talented individuals who want to continue learning and crafting beautiful products.

Years Of Service: 16+

Headquarters: London, United Kingdom

Expertise: Product Engineering, mobile app development, UX/UI, web development

Team Size: 250+

Average Rate: $150 - $199 per hour

 

#17. Lighthouse

 Lighthouse is a leading product engineering company in UK committed to delivering innovative solutions to its clients. With a focus on UX and UI, the company has established itself as a key player in the dynamic landscape of product design and engineering.

One of its standout features is being able to turn conceptual ideas into tangible products. The team of experienced designers and engineers work collaboratively to create visually appealing and functional designs. Through prototyping, they refine concepts, ensuring that the final product meets the highest standards.

Lighthouse supports its clients beyond the development phase, assisting in the successful launch of products into the market. Whether it's a startup looking to bring a new concept to market or an established company seeking to revitalize an existing product, Lighthouse tailors its services to each client's specific requirements.

Years Of Service: 15+

Headquarters: London, United Kingdom

Expertise: Product Engineering, mobile app development, UX/UI, web development

Team Size: 50+

Average Rate: $150 - $199 per hour

 

#18. 10 Pearls

Promising to build innovative mobile and digital products, 10 Pears is a technology partner delivering excellence in the digital ecosystem. With a culture of innovation, this product engineering company in the US infuses emerging technologies into your digital transformation initiatives. 

Founded in the year 2004, 10 Pearls is a global organization with over 1200+ techies and offices in Washington DC, New York, London, San Jose, Toronto, Dubai, Lahore, and more. They empower startups and support enterprises in competing in today’s landscape. Through innovation, modernization, digitalization, and augmentation, the company strived to help businesses with their digital initiatives. 

Years Of Service: 15+

Headquarters: Washington DC, United USA

Expertise: Product Engineering, Mobile app development, Custom software development, AI development, 

Team Size: 5000+

Average Rate: $25 - $49  per hour

 

#19. SideBench

An award-winning design and development company, SideBench has proven itself over the years to be one of the leading technology partners for businesses of all scales. The company is based in Los Angeles and caters to enterprises and entrepreneurs leading new ventures. 

SideBench brings together a UX-first approach and a team of experienced engineers to take any product to the next level. They have received accolades for their work and have assisted several big shots like Facebook, Microsoft, Sony, Instagram, Oakley, and more. Their aim is to transform the way humans interact with technology through their solutions. 

Years Of Service: 8+

Headquarters: Los Angeles, USA

Expertise: Product Engineering, mobile app development, Custom software development, AI development

Team Size: 250+

Average Rate: $50 - $99  per hour

 

#20. Atomic Object

Another organization that has made it to the list of top product engineering companies in 2023 is Atomic Object. The company follows an innovative approach to building digital products meant to rule the market. Based in Michigan, this product engineering company comprises 200+ techies who can help any organization build its software product. 

From the planning stage to the implementation and delivery, the team at Atomic Object can help businesses succeed with their digital product. This product development company has been offering its services since 2001 and promises to help its customers set themselves apart from their competitors. 

Years Of Service: 20+

Headquarters: Michigan, USA

Expertise: Product Engineering, mobile app development, UX/UI, web development

Team Size: 250+

Average Rate: $150 - $199 per hour

 

Wrapping Up

These were the top product engineering companies that you can turn to for better designs and engineering services. The above list of companies we have shared can help you get complete assistance to build and scale your digital journey. You can get in touch with these companies for your product engineering needs. 

Classic Informatics offers product engineering services to startups, enterprises, tech companies, and digital agencies. Our best-in-class developers work from India, which enables you to develop and get services cost-effectively. You can hire remote developers, build extended/dedicated teams, or get end-to-end development services. Classic Informatics can assist you in all stages of product engineering, from product designing to research and testing to expert training.