HCLTech Trends 2024 | HCLTech
HCLTech Trends 2024

Executive Summary

Each year, the world eagerly anticipates the emergence of the next groundbreaking technology trend that defines an era. In 2022, it was the metaverse, while 2023 witnessed the ascent of generative AI. Some of these trends undergo a brief period of explosive potential, known as the hype stage, only to face challenges in scaling and practicality, such as cost, that impede widespread adoption.

In the HCLTech Trends 2024 report, we explore a range of 10 technology trends that are set to disrupt the year ahead. Some are currently in the hype stage, while others are firmly on their way toward mass adoption.

Executive Summary

Each year, the world eagerly anticipates the emergence of the next groundbreaking technology trend that defines an era. In 2022, it was the metaverse, while 2023 witnessed the ascent of generative AI. Some of these trends undergo a brief period of explosive potential, known as the hype stage, only to face challenges in scaling and practicality, such as cost, that impede widespread adoption.

In the HCLTech Trends 2024 report, we explore a range of 10 technology trends that are set to disrupt the year ahead. Some are currently in the hype stage, while others are firmly on their way toward mass adoption.

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Digital Case Studies

Articles

ETO Mesh of Possibilities
ETO Mesh of Possibilities 1

The 'ETO Mesh of Possibilities' is a comprehensive framework that represents technologies based on five key factors, highlighting their potential trends in the upcoming year. This framework considers factors such as profitability, adoptability, agility, community impact and macrocosmic sustainability. By analyzing the impact of technology on revenue streams, its ease of adoption in different markets, effectiveness in addressing current needs, socio-cultural and geopolitical implications and contribution towards larger sustainable goals, the ETO Mesh of Possibilities helps in understanding the future trajectory of technologies. It provides valuable insights into how technology can drive innovation and progress in various domains, and how it can be leveraged to achieve environmental, social and governance (ESG) goals efficiently.

3A Framework (Adept-Adapt-Adopt)
ETO Mesh of Possibilities

The 3A (Adept-Adapt-Adopt) Framework is a strategic approach that helps businesses gauge their technological capabilities and define their roadmap for future readiness in the ever-changing world. This framework recognizes that there is no one-size-fits-all strategy and encourages a tailored, unique approach to emerging technologies. By classifying megatrends into the three categories, it provides innovation leaders with valuable insights on how to tackle these trends within a specific timeframe, ranging from 12 to 48 months.

  • The Adept category focuses on scaling, achieving excellence, and becoming market leaders.
  • The Adapt category involves learning from the past, redefining go-to-market strategies and building proof-of-concepts and strengthening the ecosystem.
  • The Adopt category entails exploring, strategizing, and starting to build capability.
 

Excerpts

qoute

"The future, as it unfolds, will not merely be a yardstick of technological growth but a testament to our collective progress. Together we can navigate towards a more connected, efficient and sustainable world—a future where the fusion of technology and ethical governance paves the way for unparalleled industry leadership and enduring business prosperity."

Kalyan Kumar (KK) Chief Product Officer-HCL Software & Global Chief Technology Officer
Kalyan Kumar (KK)
qoute

“Blockchain technology is a transformative force that is reshaping industries, decentralizing trust and empowering a new era of transparent, secure and efficient digital ecosystems. I am very excited to see that blockchain-led digital transformation will play a significant role in fintech, e-governance, supply chain and climate Tech. Asset tokenization will transform fintech and digital ownership of any asset and overall Blockchain will play a significant role in creating a sustainable green economy"

Kamlesh Nagware CO-founder FSV Capital, Co-Chair, Hyperledger India Chapter
Kamlesh Nagware
qoute

"Together, Blockchain, DApps and GenAI create a resilient infrastructure, ensuring data integrity and fostering innovation in public services. This triad promises a governance landscape where trust, accessibility and intelligence harmonize, forging a progressive era of technological governance for the benefit of all citizens”

Pankaj Sharma Regional Lead, NUDM | Centre For Digital Governance, NIUA
Pankaj Sharma

Contributors

Vijay Guntur

President, Engineering and R&D Services,
HCLTech

Bejoy J. George

Executive Vice President, Transformation Initiatives Group - ERS
HCLTech

Alan Flower

Executive Vice President – CTO and Global Head, Cloud Native & AI Labs,
HCLTech

Madhumit Dixit

EVP for Central Engineering and Technology,
HCLTech

Siki Giunta

EVP CloudSMART Strategy and Industry Cloud
HCLTech

Santhosh Jayaram

Senior Vice President, Corporate Sustainability,
HCLTech

Sukant Acharya

EVP, Global Business Head, Industry NeXT, IoT and Sustainability,
HCLTech

Dr Naveen Kumar Malik

Associate Vice President,
HCLTech

Abhinav Khare

General Manager – Ecosystem Innovation and Tech Incubation,
HCLTech

Shrikanth Shetty

Chief Growth Officer, Life Sciences and Healthcare at HCLTech

Shyam Enjeti

Executive Vice President, Digital Business,
HCLTech

Hari Sadarahalli

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

Jill Kouri

Global Chief Marketing Officer,
HCLTech

Kalyan Kumar (KK)

Chief Product Officer- HCL Software & Global Chief Technology Officer
HCLTech

Claire V. Brisson-Banks

BS, MLIS, AG CEO - Timeless Genealogies TM

Kamlesh Nagware

Co-founder FSV Capital, Co-Chair, Hyperledger India Cha

Pankaj Sharma

Regional Lead, NUDM, Centre For Digital Governance, NIUA

Gurpreet Kohli

SVP, Telco,
HCLTech

Srimathi Shivashankar

CVP & Business Head – Edtech Services
HCLTech

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