About the Study:
Lifecycle Insights conducted the 2022 State of Systems Engineering Study. Lifecycle Insights surveyed over 300 of respondents to understand how systems engineering efforts have improved organizations’ processes and performance. Survey respondents represented numerous industry verticals.
Study Demographics:
The study surveyed 300 respondents from companies of varying sizes and from a range of industries, including off-highway, construction, and agricultural equipment; aerospace; automotive; consumer electronics; industrial equipment or heavy machinery; high tech and electronics; and consumer products.
Respondents’ company revenues varied widely, but most were between $50 to $250m (18%), $250 to $500m (27%), or $500m to $1b (21%).
Methodology:
Lifecycle Insights employed its proven benchmarking methodology in this quantitative research study. This methodology includes:
- the development of a neutral-language survey instrument that captures an accurate, impartial state of the industry for the given program’s scope using Lifecycle Insights’ best practices and library of questions;
- the careful recruitment and screening of qualified respondents that represent the target stakeholders for this program’s parameters using Lifecycle Insights’ third-party partnerships;
- the review, cleansing, and validation of respondent’s answers using Lifecycle Insights’ internal flagging system;
- the explorative development of indices and cohort definitions to iteratively isolate correlated sets of performance and practices using Lifecycle Insights’ benchmark approach; and
- the calculation, analysis, and group review of the study’s findings to vet and distill takeaways using Lifecycle Insights’ processes and procedures.