MindTree ranked among the top 5 global R&D services providers, according to annual ratings released by Zinnov Consulting.

Global IT solutions and product engineering services company, MindTree has announced that it has been named among the top five global R&D services providers, by Zinnov, a leading globalisation and market expansion advisory, firm in its recently released rating titled, ‘Global R&D Services Providers 2012' across geographies such as India, China, Russia and Eastern Europe.

The study titled "Global R&D Service Providers (GSPR) Rating 2012",  is an annual study undertaken by Zinnov to assist business leaders in spearheading global engineering initiatives and enable them make right decisions in partner selection across geographies.

In addition to listing MindTree among the top five global R&D services providers, the study has also recognised MindTree as an established player with expansive vertical coverage.

MindTree ranks among the top three R&D services providers in the semiconductor and among the top five in telecom and consumer electronics segments.

"We are delighted that MindTree is ranked amongst the Top 5 providers of product engineering services in Zinnov's ratings of global PES companies. This endorsement is a result of MindTree's focus on technology innovation, Intellectual Property (IP) and value creation, coupled with expertise driven services." said Ashok Krishnamoorthy, President, Product Engineering Services at MindTree. "We are very grateful to all our wonderful customers who have supported us over the years and continue to do so. I would also like to acknowledge the tremendous contributions of all MindTree minds that have helped us accomplish this."

MindTree engages with its clients at every step of the product engineering lifecycle: right from concept to sustenance. Its capabilities range from product design and product development to product testing, product deployment and product sustenance. It addresses the product engineering needs of technology and product companies in consumer devices, communication and networking equipment, enterprise software, internet products and platforms and semiconductors.  MindTree's IP led solutions, accelerators and frameworks enable it to rapidly deliver world–class and cost effective product engineering solutions for its clients.

For an overview of MindTree's Product Engineering service offerings, please visit http://www.mindtree.com/services-portfolio/product-engineering-services

The 'Global R&D Services Providers Ratings' was undertaken by Zinnov to help its Fortune 1000 clients better understand the R&D services being offered in the market; the partners they should work with for innovation of new products; and the partners that are best in class in each vertical and overall. Zinnov collected and analyzed data from top 75 R&D services providers from an initial list of 200+ service providers across India, China, Russia, and Eastern Europe to arrive at its overall ranking.