Quote for Tech Trends & Prediction 2024 Story from Consistent Infosystems

“In the aftermath of the pandemic, India has experienced a notable shift, with companies increasingly choosing remote work and relying on collaborative tools for communication. This has led to significant trends in business communications, emphasizing the utilization of generative AI, monitoring & dashboards to analyze collaboration data for more efficient workflows. With a 50% cyber attack rate in the last three years and costs expected to surpass $10 trillion by 2024, businesses prioritize cyber resilience. Beyond traditional cybersecurity, focus extends to recovery and continuity measures, incorporating remote work protocols. AI-driven automated defense, integrated security-continuity frameworks, and awareness of societal factors are integral to a robust strategy. As cyber threats advance, the trend of leveraging breakthrough technologies like AI in the market intensifies, solidifying cyber resilience as a prominent theme in 2024. Looking ahead to 2024, there is an expected increase in the adoption of generative AI to enhance both daily interactions and overall business productivity.”

Pramod Sharda, CEO, IceWarp India and Middle East

“The Indian IT Hardware manufacturing industry is growing rapidly lately due to special emphasis by the Government of India by encouraging PLI manufacturing. The major industry trends include the use of advanced materials, organic electronics, and miniaturization. Besides, disruptive technologies like Artificial Intelligence (AI) and the Internet of Things (IoT) enable smart manufacturing practices also and are the growth drivers for the industry. Similarly, 3D printing is enabling the electronics fabrication industry to become more dynamic and cost-effective. In the year 2024, we will witness the increased use of these new technologies which will help in boosting the efficiency and effectiveness of indigenous players.”

Yogesh Agrawal, CEO and Co-Founder, Consistent Infosystems Private Limited