Benchmarking Overview

iLenSys has extensive competencies in Competitive Benchmarking Projects which helps to analyze products available in the market using a specific set of Metrics, and share necessary insights with our clients to help them understand competitive product-market mix strategies and bring up a successful product launch in the market.

Benchmarking Competencies

Technical Benchmarking
Competitive Benchmarking
Strategic Benchmarking
Process Benchmarking
Functional Benchmarking
Internal Benchmarking
External Benchmarking

Benchmarking Process

Product Benchmarking is the process of comparing whole product or service process to others based on specific parameters. It lets you know how your product matches the competition in its target market.

Overview to Value Engineering

iLenSys has rich experience in VA projects, we work on performing Value Analysis (VA) for existing products. We study current products, analyze and evaluate means to achieve costs reduction, improve product function or both.

Value Analysis use a step-by-step approach which evaluates the product in a range of areas. These include costs, function, alternative components and design aspects such as ease of manufacture and assembly.

A significant part of VA is a technique called Functional Analysis, is where the product is broken down and reviewed as a number of assemblies involved or parts to assembly and disassembly sequence studied.

Here, the function is identified and defined for each product assembly, Costs are also assigned to each one and this is assisted by designing and viewing products as assemblies

Value Engineering Competencies

Project Value Analysis
Life Cycle Cost Analysis
Functional Analysis
Integrated Value-Improvement Methodologies
Change Management
Product Weight Reduction
Detailed Checklist Driven Process
Use of suitable Scientific Techniques
Modular Design Approach
Supplier Integration, Localization, Low-Cost Sourcing

Implementing VE Project

Why Companies go for Value Engineering

  • Cost overruns may be Reduced
  • Meeting Project Value Objectives
  • Increase Bottom-line Profits
  • Reduce Risks and Resolve Issues
  • Improved Return on Investments
  • Improving Value

Why Choose Us?

  • Highly Qualified Team
  • Fast Turnaround Times
  • Proven Results
  • Satisfied Clients
  • Realize Cost Savings

News & Updates

The "News & Updates" section features the latest developments and innovations in our services and solutions, including engineering services, product compliance, environmental regulations, Obsolescence Management, and regulatory & product safety.

IOT TECH
iLenSys Obsolescence Manager 18 May 2026

Join Fortune 500 leaders, IoT innovators, and global technology partners as they turn connected systems from pilot projects into scalable operational reality.

IEEE
iLenSys Compliance Manager 12 May 2026

Experience three days of educational workshops and technical presentations given by the industry experts focusing on pertinent topics concerning Product Safety, Certifications, and Global Compliance.

Sensors Converge
iLenSys Obsolescence Manager 05 May 2026

Sensors Converge is where design engineers come to power the intelligence behind a smarter world.

Resources you might be interested in

Blogs
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Bringing a new product to market takes more than a strong idea. It requires the right balance of innovation, usability, compliance, cost control, and manufacturing readiness.

View Blog
Whitepapers
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Why Automation Equipment OEMs Must Treat Obsolescence Management as a Core Business Process—Not an Engineering Afterthought

View Whitepapers
Webinars
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What does it take to turn a great idea into a successful product that performs long after launch? Join our webinar to see how our ODM approach brings together all aspects for product development into one seamless journey. Learn how this model helps businesses accelerate time to market, enhance quality, reduce risk, and create stronger customer experiences from concept to long-term support.

View Webinar
Videos
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Explore the pervasive presence of PFAS, their impact on our homes and environment, health risks, and the regulations in place to control them.

View Videos
Case Studies
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Scaling Global Compliance to Enable Safer, Cleaner Scientific Innovation

View Case Studies
Newsletters
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We spotlight a key international standard update impacting manufacturers operating in explosive atmospheres—IEC 60079-28:2025, covering the protection of equipment and transmission systems using optical radiation.

View Newsletters
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iLenSys Technologies Pvt. Ltd.

8-2-293/82/L/231/ABC,
MLA Colony, Road No: 12, Banjara Hills,
Hyderabad, Telangana 500 034
Phone: 040 – 66998246, 040 – 66998234
Email: info@ilensys.com