ERS Trends 2026 Magazine
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Overview

Engineering What Comes Next

The next era of engineering will not be defined by technology adoption alone, but by how intelligently organizations orchestrate AI, software, silicon, systems, sustainability, manufacturing, regulation and human expertise into scalable business advantage.

From AI-native operations and software-defined vehicles to semiconductor resilience, smart manufacturing, digital health, energy transformation and next-generation product engineering, leaders must move beyond experimentation to execution.

The HCLTech ERS Trends 2026 Magazine brings together industry perspectives to help organizations navigate this shift and build lasting competitive advantage.

Why this Matters

Market Signals Defining Engineering Investment in the year ahead

The numbers tell a clear story: across industries, growth is being redefined by intelligence, resilience and full-stack engineering. The next wave of leaders will be those who turn complexity across , silicon, energy, manufacturing and products into measurable engineering advantage.

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$3T+

Global energy investment projected, with clean energy technologies and infrastructure taking center stage.

$2T+

Global AI spending forecast by 2026, as enterprises move from pilots to production-scale intelligence.

$975B

Projected global semiconductor revenue in 2026, as AI demand accelerates the shift to system-level silicon leadership.

Near $1T

Potential global medical device market size by 2030, driven by connected care, AI and outcome-led innovation.

$1.8T

Projected product engineering services market by 2030, as companies engineer across silicon, software, systems and lifecycle intelligence.

482 EB/month

Projected mobile data traffic by 2031, reinforcing the need for AI-native, adaptive and resilient telecom networks.

Leaders Shaping the Future of Engineering

Meet the leaders behind the ideas shaping ERS Trends 2026. Their perspectives span industries, engineering disciplines and executive priorities, bringing depth, relevance and practical direction to every chapter.

Hari
Hari Sadarahalli

Corporate Vice President and Global Head, Engineering and R&D Services, 
HCLTech

V G Krishnamurthy
V G Krishnamurthy

Global Delivery Head - Manufacturing, Energy, Aerospace and Government, Engineering and R&D Services, 
HCLTech

Srivatsa G
Srivatsa G

Global Delivery Head - Life Sciences and Healthcare, Engineering and R&D Services,
HCLTech

Ramanuja Vedantham
Ramanuja Vedantham

Global Delivery Head - Semiconductor Engineering, Engineering and R&D Services,
HCLTech

Sreekanth Jayanti
Sreekanth Jayanti

Global Head - PLM Consulting, Engineering and R&D Services,
HCLTech

Gaurav Gupta
Gaurav Gupta

Global Head - Mobility Consulting Practice, Engineering and R&D Services,
HCLTech

Anurag Jain
Anurag Jain

Global Head - AI Engineering, Engineering and R&D Services,
HCLTech

Shantanu Rai
Shantanu Rai

Global Head - Digital Manufacturing, Engineering and R&D Services,
HCLTech

Sumithra Ranganathan
Sumithra Ranganathan

Global Delivery Head - Telecom, Engineering and R&D Services,
HCLTech

Sanjoy Ghosh
Sanjoy Ghosh

Global Delivery Head - Technology, Engineering and R&D Services,
HCLTech

Dilip Kumar Devanathan
Dilip Kumar Devanathan

Global Head - Software Engineering, Engineering and R&D Services,
HCLTech

Dr. Dhanasekaran Radhakrishnan
Dr. Dhanasekaran Radhakrishnan

Global Head - Product Engineering, Engineering and R&D Services,
HCLTech

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ERS Trends 2026 Magazine

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