The partnership is centered on expediting the utilization of quantum-powered technology across diverse industrial applications.
BosonQ Psi (BQP) and Tech Mahindra Makers Lab announced a partnership to accelerate the use of quantum technology for various industrial applications. Together, BQP and Tech Mahindra’s Makers Lab will foster innovation in the quantum ecosystem through joint go-to-market initiatives and bring together the expertise of both organizations.
Tech Mahindra's quantum leadership in IT combined with BQP's use cases in manufacturing and automotive such as design optimization, battery optimization, and system-level simulation will help Tech Mahindra’s customers. BQP will integrate its quantum-powered simulation suite, BQPhy®, with Tech Mahindra's systems, enabling customers to harness quantum power for innovative solutions. The partnership will boost the global quantum ecosystem by creating use cases across all verticals, bringing quantum technology closer to customers.
.jpg) |
Aditya Singh, Founding Member & Head of Business & Infra, BQP said, “This collaboration signifies our collective commitment to leverage quantum computing to solve complex industry challenges. BQP’s quantum-powered simulations suite BQPhy, will enable Tech Mahindra's global clients to tackle complex data-intensive simulations without the inherent complexity typically associated with the implementation of quantum.”
Nikhil Malhotra, Global Head - Makers Lab, Tech Mahindra, said: "Quantum computing is currently experiencing rapid development that has the potential to solve complex optimization problems and simulate quantum systems. Technology assures enterprises in resolving issues that are beyond the capabilities and speed of traditional computing systems. The partnership will help explore the potential of quantum applications in the areas of Automotive, Electric Vehicle, Life Sciences, Banking, Financial Services, and Insurance. We look forward to working with the team at BQP to develop proof-of-concept of quantum applications for our enterprise customers."
About BosonQ Psi (BQP)
BosonQ Psi (BQP) is a Quantum SaaS software venture that brings the power of quantum computing into the hands of enterprise end-users. The simulation capabilities deployed by BQP combine a hybrid infrastructure that highlights the near-term value additions for customers via a quantum-based solution that significantly reduces the time needed for high-accuracy simulation. This means products can get to market faster and reduce overall costs for production and recalls. The company recently launched the first version of BQPhy – for getting early feedback. A full-scale version will be released later. BQP is headquartered in the USA with a presence in India and UK.
About Tech Mahindra
Tech Mahindra offers innovative and customer-centric digital experiences, enabling enterprises, associates and the society to Rise for a more equal world, future readiness, and value creation. It is a USD 6.5+ billion organization with 152,000+ professionals across 90 countries helping 1290+ global customers, including Fortune 500 companies. It is focused on leveraging next-generation technologies including 5G, Metaverse, Blockchain, Quantum Computing, Cybersecurity, Artificial Intelligence, and more, to enable end-to-end digital transformation for global customers. It is the only Indian company in the world to receive the HRH The Prince of Wales’ Terra Carta Seal for its commitment to creating a sustainable future. It is the fastest growing brand globally in ‘brand value rank’ and amongst the top 7 IT brands globally in brand strength with AA+ rating. With the NXT.NOW™ framework, Tech Mahindra aims to enhance ‘Human Centric Experience’ for its ecosystem and drive collaborative disruption with synergies arising from a robust portfolio of companies. Tech Mahindra aims at delivering tomorrow’s experiences today and believes that the ‘Future is Now’.
Tech Mahindra is the part of the Mahindra Group, founded in 1945, one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate. The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.
 |
| Nikhil Malhotra, Global Head - Makers Lab, Tech Mahindra |
Nikhil Malhotra, Global Head - Makers Lab, Tech Mahindra, said: "Quantum computing is currently experiencing rapid development that has the potential to solve complex optimization problems and simulate quantum systems. Technology assures enterprises in resolving issues that are beyond the capabilities and speed of traditional computing systems. The partnership will help explore the potential of quantum applications in the areas of Automotive, Electric Vehicle, Life Sciences, Banking, Financial Services, and Insurance. We look forward to working with the team at BQP to develop proof-of-concept of quantum applications for our enterprise customers."
About BosonQ Psi (BQP)
BosonQ Psi (BQP) is a Quantum SaaS software venture that brings the power of quantum computing into the hands of enterprise end-users. The simulation capabilities deployed by BQP combine a hybrid infrastructure that highlights the near-term value additions for customers via a quantum-based solution that significantly reduces the time needed for high-accuracy simulation. This means products can get to market faster and reduce overall costs for production and recalls. The company recently launched the first version of BQPhy – for getting early feedback. A full-scale version will be released later. BQP is headquartered in the USA with a presence in India and UK.
About Tech Mahindra
Tech Mahindra offers innovative and customer-centric digital experiences, enabling enterprises, associates and the society to Rise for a more equal world, future readiness, and value creation. It is a USD 6.5+ billion organization with 152,000+ professionals across 90 countries helping 1290+ global customers, including Fortune 500 companies. It is focused on leveraging next-generation technologies including 5G, Metaverse, Blockchain, Quantum Computing, Cybersecurity, Artificial Intelligence, and more, to enable end-to-end digital transformation for global customers. It is the only Indian company in the world to receive the HRH The Prince of Wales’ Terra Carta Seal for its commitment to creating a sustainable future. It is the fastest growing brand globally in ‘brand value rank’ and amongst the top 7 IT brands globally in brand strength with AA+ rating. With the NXT.NOW™ framework, Tech Mahindra aims to enhance ‘Human Centric Experience’ for its ecosystem and drive collaborative disruption with synergies arising from a robust portfolio of companies. Tech Mahindra aims at delivering tomorrow’s experiences today and believes that the ‘Future is Now’.
Tech Mahindra is the part of the Mahindra Group, founded in 1945, one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate. The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.
Advertisements