Tech Mahindra, IQM Quantum Computers partner for quantum computing research


Wednesday, 21 December, 2022

Tech Mahindra, IQM Quantum Computers partner for quantum computing research

Tech Mahindra, a provider of digital transformation, consulting and business re-engineering services and solutions, and IQM Computers have signed a Memorandum of Understanding (MoU) for research in quantum computing. The organisations will explore synergies in mutually beneficial areas of quantum computing, cryptography and communication technologies. As part of the partnership, the organisations will jointly develop quantum computing offerings for various industries including health care, cybersecurity and banking. They will further co-develop and market quantum technology use cases in India and Finland.

Nikhil Malhotra, Global Head, Makers Lab, Tech Mahindra, said the fabric of computation is changing and quantum computing is the harbinger for that change. “At Tech Mahindra, riding this wave of change, we have collaborated with IQM Computers with an aim to set new standards in the research and development of commercially viable use cases across industries. We are confident that this collaboration will help Tech Mahindra and IQM Computers expand their global footprints in Quantum Computing by leveraging synergies,” Malhotra said.

Tech Mahindra has been working to accelerate the adoption and commercialisation of quantum technology globally; in line with this, the organisation is establishing is Quantum Centre of Excellence — QNxt in Helsinki, Finland. Through the partnership, both organisations will strengthen their research and design capabilities and quantum computing offerings. The partnership will combine Tech Mahindra’s industry knowledge in quantum computing, including hybrid algorithms, quantum machine learning, and quantum simulation, with IQM’s expertise in superconducting quantum hardware, quantum algorithm development capabilities, and its application-specific, Co-Design approach.

Dr Juha Vartiainen, Chief Operating Officer and Co-founder of IQM Quantum Computers, said the partnership with Tech Mahindra highlights IQM’s commitment towards India and the acceleration of the global ecosystem through collaboration. “Along with the government, academia, and industry, the Indian quantum ecosystem is growing rapidly, and we are excited to see companies such as Tech Mahindra leading this growth,” Vartiainen said.

Finland and India have strong ties in science, technology and innovation, with both countries working towards establishing the Indo-Finnish Virtual Network Center for quantum computing. This partnership is in line with Tech Mahindra’s NXT.NOW Framework, which aims to enhance ‘Human Centric Experience’ and invest in emerging technologies and solutions that enable digital transformation and meet the evolving needs of the customer.

Image caption: IQM Quantum Engineer Dr Vladimir Milchakov (left) and IQM Delivery Engineer Juho Hotari. Image credit: Business Wire.

Related News

Global semiconductor revenue reached $600 billion in 2022

Gartner, Inc. has revealed that worldwide semiconductor revenue grew by 1.1% in 2022 to total...

NIST to phase out SHA-1 cryptographic algorithm by 2030

The U.S. National Institute of Standards and Technology has announced that it is retiring SHA-1,...

Exponential Technology Group acquires Sydney-based Braemac

Exponential Technology Group has announced plans to acquire Sydney-headquartered Braemac, a...


  • All content Copyright © 2023 Westwick-Farrow Pty Ltd