In the ever-evolving landscape of technology, businesses are experiencing unprecedented transformations, propelling them into a realm of limitless opportunities for growth. As we are stepping into 2024, technology leaders are keenly anticipating the dominance of specific innovations. Artificial Intelligence, edge computing, and 5G networks are anticipated to revolutionize the business landscape, offering efficiency gains and unlocking novel avenues for innovation. The convergence of these technologies is expected to redefine how organizations operate, interact, and strategize. IT leaders have shared their views on the key technologies that will dominate in 2024.
"In 2024, Channel Partnerships Are Poised For Transformation With The Emergence Of Innovative Cloud Solutions”
"In 2024, channel partnerships are poised for transformation with the emergence of innovative cloud solutions. There has been an unparalleled surge in technological advancements, accompanied by a growing commitment among customer organizations in India to embrace Digital Transformation as a business imperative. A pivotal factor in fostering innovation and supporting customer business outcomes lies in cultivating a dynamic and robust partner ecosystem. Our contemporary Oracle Partner Network (OPN) framework is designed to empower partners to attain Oracle Expertise, fostering customer trust and relevance. This, in turn, allows them to expand into new markets and cultivate business growth. The three core tenets of the modern OPN program are Customer-centricity, Success-driven and Simplicity. As technology evolves, the commitment to supporting partners and end customers is evident through certification programs and continuous skill enhancement. The emphasis is on keeping partners updated on emerging technologies and market demands." - Mr. Siddharth Idnani, head, Alliances & Channels, Oracle India.
“Cutting-Edge Trends Within The Industry Are Reshaping The Sustainability And Technology Integration Narrative”
“Cutting-edge trends within the industry are reshaping the sustainability and technology integration narrative. Technology plays a pivotal role in bridging gaps and fostering inclusive growth across the bioenergy supply chain. BiofuelCircle's digital platform connects farmers, rural businesses, and industrial end users, disrupting traditional dynamics and providing a level playing field. Cloud-based scalability and transparent payments facilitate easy rural participation, empowering communities, as seen in the Biomass Bank at the village cluster level. A paradigm shift is underway with the Carbon Ledger, offering an accountable record of CO2 emissions saved through green fuel adoption. This not only aligns with environmental goals but also serves as a benchmark for organizations to quantify their positive impact. In the pursuit of traceability and authenticity, Green Tokens leverage blockchain technology to track fuels to their source. This platform sets the stage for future carbon trading, establishing a foundation for the industry to showcase commitment to sustainable practices. BiofuelCircle stands at the forefront, demonstrating technology's transformative power in achieving circularity within the supply chain. By converting agro-residue into biofuel and incorporating byproducts like bio-fertilizer back into the soil, the platform exemplifies a comprehensive approach to digitized, sustainable practices.” - Mr. Suhas Baxi, Co-founder & CEO, BioFuelCircle
“Key Technologies That Are Expected To See Rapid Adoption In 2024 Are AI/ML, Cloud, Blockchain, And Cybersecurity”
"2023 has been a momentous year for India's technology landscape owing to the widespread digital transformation that has been carried out throughout this year. Bolstered by government initiatives and increased access, emerging technologies like AI, ML, blockchain, and cybersecurity became integral across industries, improving efficiencies. As a result, India’s digital transformation (DX) adoption landscape is expected to grow at a CAGR of 17 percent and reach $23.6 billion by 2025. Positioned as the world's technology and innovation hub, some of the key technologies that are expected to see rapid adoption by Indian businesses in 2024 are AI/ML, cloud, blockchain, and cybersecurity.”
“While on one end AI will continue to penetrate industries, enhancing decision-making processes and optimizing operations, increased adoption of cloud technology along with the emergence of sophisticated cyber threats, there will be a heightened focus on cybersecurity leading to increased implementation of zero trust architecture. The evolution of cybersecurity strategies further underscores the industry’s commitment to responsible and resilient tech practices. As businesses embrace these technological disruptions, the stage is set for more efficient, strategic decision-making and a new chapter of growth. Beetel can play a crucial role in the adoption and implementation of these technologies, while also working to enhance and nurture skill sets. Positioned as a crucial link in the technology supply chain, Beetel aims to make innovative technologies accessible to a broader audience. " - Mr. Sanjeev Chhabra, Managing Director & CEO, Beetel Teletech Ltd.
“In 2024, AI Will Transform The Office Into A Smarter Workplace - And Transform How We Think About (And Measure) Human Productivity”
“In 2024, AI will transform the office into a smarter workplace - and transform how we think about (and measure) human productivity. Chatbots and virtual assistants will simplify the employee experience by automatically booking the right space for a team’s needs. From an innovation perspective, AI will be infused at every layer of product roadmaps and platforms to bring value to customers. This is as true for SaaS companies as it is for semiconductor and gaming companies. AI will also impact the very nature of development and how these products are built. Through augmentation of mundane coding tasks, developers can boost their productivity and ability to focus their skills on the gnarliest problems. But open, ethical, and transparent use of generative AI may be what sets companies apart in customers’ minds.” - Sanket Atal, Managing Director – Operations and Site Lead – Technology, Product, Salesforce India
“In 2024, AI Won't Be An Auxiliary Tool But The Core Around Which Successful Businesses Revolve, Marking An Era Of Unparalleled Transformation”
“A primary objective for AI is using the technology to achieve full autonomy within enterprises, where standard workflows can be entirely automated. In 2024, AI won't be an auxiliary tool but the core around which successful businesses revolve, marking an era of unparalleled transformation. It is clear that businesses need a digital strategy that builds resilience for today, increasing productivity and driving efficiency. And a vision for the future - to keep pace as all industries evolve to meet growing customer and employee expectations. 2024 will also see a strong focus on data privacy and compliance and organizations can only harness the full power of AI when it is fueled by accurate, comprehensive data. More robust data governance frameworks, establishing clear policies for data collection, storage, and usage, and continuous monitoring and auditing of training data. We will also see a new era of cyber defense take shape to address new threats. Furthermore, the term 'semantic query' will become commonplace, reflecting the seamless integration of AI in daily workflows.” - Arun Kumar Parameswaran, MD - Sales, Salesforce India
“In 2024, the widespread adoption of cloud technology is poised to significantly reshape the landscape for organizations of all sizes in India. This surge in cloud adoption is attributed to various factors, including concerns related to data sovereignty, scalability, data residency, and the need for low-latency connectivity. The contemporary cloud models are anticipated to empower businesses further, driven by government initiatives in digital technology adoption. Responding to the growing concerns about data security and privacy, enhanced security measures will take center stage. Scalability and flexibility are identified as paramount features in modern cloud solutions, prompting organizations to embrace elastic infrastructure and services for seamless adjustments to evolving business needs.
"The adoption of hybrid and multi-cloud strategies is expected to provide customers with increased options and flexibility, enabling them to choose the most suitable cloud environment tailored to their specific requirements. The integration of blockchain technology will play a significant role in enhancing the security and transparency of cloud-based systems, further fortifying the commitment to safeguarding customer data through decentralized and tamper-resistant mechanisms."
"As the year concludes, our commitment to a multi-cloud approach and the expansion of Oracle Cloud Infrastructure's distributed cloud are highlighted as reflections of a dedicated effort to offer customers choice with business agility. This commitment is realized through the seamless integration of security into the architecture of all cloud solutions, providing comprehensive protection across the entire stack and establishing a platform that is inherently secure by design." - Srikanth Doranadula, Group Vice President, Technology and Systems, Oracle India
