Today, product development is characterized by cross-company collaboration and an intensive exchange of product data. Engineers typically apply a multitude of digital engineering tools and act in diverse engineering processes. In a current study, the “culture” of today’s collaborative product development was investigated in significant detail. The questions are: How do engineers work today? Which tasks play a major role in their daily business? How much time is remaining for core engineering tasks like design, calculation and design validation? How do engineers assess their workplace (environment)? Where are opportunities for enhancement of processes and digital engineering tools? In total, 1,401 engineers answered the questionnaires. Details of the study and selected findings are presented in this paper. Interesting findings are related to collaborative engineering and engineering design, Product Data and Lifecycle Management (PDM/PLM), virtual product creation, information and process management, and new media in engineering design.