Would I be wasting my time to do an EngD over PhD?

Currently hold a BSc in Maths and MSc in Comp Sci. I have 1 YOE in software development.

Been looking into the Dutch EngD programs which are very attractive considering only being 2 years.

Mostly interested in doing something in either Software or robotics, specific subject not looked too much into but I definitely know I want to use it to advance my career.

I know PhD is much more prestigious and I’m not fully against it but would I be wasting my time to pick an EngD over PhD?