Top 10 Product Development Companies [UPDATED 2024]
Top product development companies, often operating behind the scenes, are the architects of remarkable creations that have revolutionized industries and our daily routines. What is more, often such companies can remain anonymous to the general public, notwithstanding the fact that these are the ones offering innovative creative solutions to the consuming market and/or the industrial production of products that can act as market changers. To take the trip to GSD&M and a dreamland of advertising, to see the ideas as they are being framed and the youngest generations of the future architects of the new world forming the framework of the thing as it will be in the future.
This is because these firms challenge large firms that produce small miracles that modify lifestyles or Life science innovations that create life to unlock new frontiers. The list of the ten product development firms is also provided in this chapter, and the inception of a new age begins in this chapter. Prepare yourself for a confrontation with a wild oscillation between such characteristics as advanced technology on one hand and humane usability on the other and for the art of dreaming as a means to achieve great goals on the third.
1. Glorium Technologies
Glorium Technologies is a leading technology advisement agency and software solutions developer with prior individualized focus. Its records show that they have always been dedicated to delivering best results in startup and business of all scales around the world. It currently has a portfolio of over 100 products that have been satisfactorily installed.
The company has over 200 competency specialists and has various International Organisation for Standardization certifications, such as ISO 9001: Quality Management, ISO 13485: Quality Management in medical devices, and ISO 27001: Information Security Management System. Specifically, as the Microsoft Silver Partner, they can boast of the excellent performance in the solutions delivered based on the presented technology offer of Microsoft.
Social networks:
🔗 Linkedin 👤 Facebook ✖ Twitter 📽 Youtube 🎙Podcasts
💵 Hourly rate: $50 — $99 / hr
👩💻 Number of Employees: 250–999
⭐ Founded: 2010
🏆 Awards:
- Inc.5000 (2020, 2021, 2022, 2023, 2024)
- Inc. Regionals (2021, 2022) fastest-growing private companies in America
- Global Outsourcing 100 by IAOP (2023, 2024)
- Real Leaders Impact Awards (2023)
- Top B2B Service Providers for Sustained & Fast Growth in Clutch (2021)
- Top 1000 Global Service Providers in Clutch (2022, 2023)
- TechBehemoths’s Top Custom Software Development Companies in the US (2022, 2023)
2. ELEKS
ELEKS is an IT service provider for businesses, specializing in IT consulting, designing and developing custom software solutions, quality assurance of software products. These have developed client base across business spectrum with serving giant multinationals, SMBs and technology solution providers.
ELEKS is recognized as delivering excellent work, maintaining control over every aspect, and ensuring that the client receives as much support and benefit as possible. They focus on going an extra mile beyond just offering services and thus work hand in hand with the customers’ in enhancing their business objectives attainment. This involves partnering the developers with them so as to steer them through the various development risks and enable them to embrace new technologies.
Social networks:
🔗 Linkedin 👤 Facebook ✖ Twitter 📽Youtube
💵 Hourly rate: $50 — $99/hr
👩💻 Number of Employees: 1,000–9,999
⭐ Founded: 1991
🏆 Awards:
- Top 1000 Global Companies in 2022 by Clutch
- Cybersecurity Excellence Award 2021
- AI/ML Team of the Year
- Top App Development Companies 2023
- Top Software Developers in 2021 by Clutch
- Best of the Global Outsourcing 100
3. Intellias
Intellias serves as an extension of its clients’ teams by providing technology solutions that help manage the complex digital environment. Intellias helps startups and other enterprises adapt to sustainability to long-term development strategies to succeed digitally.
Including their specialization in advanced technologies and specialization in their fields, work hand in hand with clients in numerous industries. In combination, they pursue unique technology solutions and engaging interfaces — achieving sustainable growth and change.
Social networks:
🔗 Linkedin 👤 Facebook ✖ Twitter
💵 Hourly rate: $50 — $99/hr
👩💻 Number of Employees: 1,000–9,999
⭐ Founded: 2002
🏆 Awards:
- Ernst & Young national top choice for IT professionals
- №1 IT employer and №2 across industries ranked by Forbes
- Leader in the IAOP Global Outsourcing 100 list for five consecutive years
4. Luxoft
Luxoft is a company executing the strategy of an IT service provider for integrating advanced technologies into business processes to create tangible value. Their service offerings: strategy and consulting, technology and software implementation, as well as digital solutions design and creation.
Luxoft’s clientele exists across numerous fields, including finance, autos, communications, healthcare/life sciences, among others that need to sustain their competitive advantage.
Social networks:
🔗 Linkedin 👤 Facebook ✖ Twitter 📽 Youtube
💵 Hourly rate: $100 — $149/hr
👩💻 Number of Employees: 10,000+
⭐ Founded: 2000
🏆 Awards:
- Luxoft recognized as AMS Innovative Partner of the Year in Tricentis Awards 2022
- Best Leadership Teams 2023 in Comparably
- Best CEOs for Diversity 2023 in Comparably
5. EPAM
EPAM Systems incorporated is an international firm which offers solutions concerning product development in the digital and physical realms, and digital platform engineering. EPAM is one of the leading companies which is famous for its strategic planning and tactics, providing a wide range of advisory/consulting services with a target on design.
Thus, one of the concepts that are present in all the projects of EPAM is Engineering DNA. The organization is dedicated to developing a real and better future for its clients and for the communities around the world and this has been made possible by the efforts of the global and the hybrid teams.
Social networks:
🔗 Linkedin 👤 Facebook ✖ Twitter 📽Youtube
💵 Hourly rate: $100 — $149/hr
👩💻 Number of Employees: 10,000
⭐ Founded: 1993
🏆 Awards:
- Top 20 fastest-growing firms by Consulting Magazine 2022
- Ranked four times as the top IT services company on Fortune’s 100 Fastest-Growing Companies list
- Awarded LinkedIn’s Best Culture of Learning Talent Award 2021
6. Future Processing
It was set up in Poland as a software development house; the team is composed of more than 1000 people. This team has been in operation since year 2000 and offers its clients full service from design to implementation of their ideas. They adopted aspects that include caring listening, professional consultation, elaborate planning, and successful implementation of superior value, user-centric IT solutions. Through them, the latter effectively avails a prompt and able response to client needs.
Using these frameworks, they have made significant progress in developing many a software product. It serves its clients from small middle- Sized firms and some of the leading brands in the market, which includes the market leaders and many companies of the fortune 500.
Social networks:
🔗 Linkedin 👤 Facebook 📽Youtube
💵 Hourly rate: $50 — $99/hr
👩💻Employees: 250–999
⭐Founded: 2000
🏆 Awards:
- The Forbes Diamonds — awarded the diamond status in 2023
- 2023 Global Outsourcing 100 honoree, recognized by IAOP
- Top Developers Poland 2023 — according to the ranking conducted by Clutch
- Named Top Software Developers 2023 by TechReviewer
- Named Client Delivery Team of the Year 2022 at the Global Sourcing Association awards
7. SoftServe
SoftServe is a highly regarded global digital consulting firm that provides proficient guidance and creative, innovative solutions. Its main area of interest consists in altering and developing business processes. Experience is broad-based with focus in both, the public and private sectors in healthcare, retail, energy, and finance subsectors.
Their commitment is drawn in the pursuit of open-mindedness, idea creation, and development of innovative products and services. Through open innovation, they facilitate the ability of clients to remain competitive in this ever technologically advanced world.
Social networks:
🔗 Linkedin 👤 Facebook ✖ Twitter 📽Youtube
💵Hourly rate: $100 — $149 / hr
👩💻Employees: 10,000+
⭐Founded: 1993
🏆 Awards:
- Corporate Member of the Year award by IoT Community.
- Silver at the 6th annual Globee® Awards.
8. Edvantis
It is often essential to have a range of outsourcing models, which can be adjusted according to the specific circumstances of a company; that is why, being a versatile software development vendor, Edvantis provides their clients with several options. It targets its new and experienced clients in IT outsourcing to offer a consultation on developing efficient technical strategies and ongoing support for the martial growth.
Social networks:
🔗 Linkedin 👤 Facebook ✖ Twitter
💵 Hourly Rate: $50 — $99/hr
👩💻 Number of Employees: 250–999
⭐ Founded: 2005
🏆 Awards:
- 2023 Global Outsourcing 100® list produced by IAOP®
- Silver Winner of International Business Award 2022 by Stevie
- Top IT Services & Consulting Company by Designrush.com
- Top Custom Software Development Company by iTRate.co
9. Sigma Software Group
The software development and consulting firm — Sigma Software Group — has has more than 2000 employees. This business addresses a broad range of clients that might be developing an initial startup or belong to the top 500 American companies, employing software services, managing digital projects, and creating Internet and mobile applications.
Their specializations are tailored more toward health care, and they have well-developed experience in both clinical and pharmaceutical portals with emphasis on rules and security.
Social networks:
🔗 Linkedin 👤 Facebook ✖ Twitter 📽Youtube
💵 Hourly rate: $50 — $99/hr
👩💻 Number of Employees: 1,000–9,999
⭐ Founded: 2002
🏆 Awards:
- 2023 Global Outsourcing 100® list produced by IAOP®
- Top B2B companies 2021 by Clutch global
- Winner of the EGR B2B Award 2020
- Top App Development Software by GoodFirms
10. Craft Innovations
Craft Innovations represents a global research and UX design establishment specializing in aiding leaders in exploring customer requirements while conceiving products and services that ignite user enthusiasm.
The company’s impressive clientele includes renowned entities such as Mastercard, UNDP, BAT, prominent EU banks, fintech, and investment conglomerates, as well as game and Web3 development enterprises, IT product firms, startups, global telco billing solution providers, and both food and non-food retail establishments.
Social networks:
🔗 Linkedin 👤 Facebook 📽Youtube
💵Rate: $100 — $149/hr
👩💻Employees: 10–49
⭐Founded: 2019
🏆Awards:
- Ranked Among the Top 5 Product Design Globally by The Manifest
- Voted Best in the Global Top 100 User Experience by 50Pros
- Placed in the Top 18 Market Research Worldwide by The Manifest
- Among the Top Market Research Performers in Financial Services by Clutch
- Recognized as a Top Design in Toronto by Clutch
Conclusion
In order to show what it is like to live in a world where ideas become objects that affect our life we are to proceed with the making of the story. Cunningham Thus, product development companies play the role of magicians in this transformation. They turn good thoughts into physical creations like devices, equipments innovative gadgets in use today.
I particularly appreciated this part because as much as these top 10 companies are into making products, they are actually building the future. People cannot doubt that these creative geniuses are making life that much more better and easier to live. For instance, Glorium Technologies is a design platform that has created over 100 awesome products that people like. This in a way could be like a friend helping the businesses improve in their use of the software.
However, regarding my considerations on Glorium, I can state that this company can meet any individual’s business requirements. Therefore, as you opt for product development, it is wise to remember that a capable partner proves critical in defining the future of your business and contributing to the constantly growing world advancement.
