Quantum computing company Pasqal is partnering with technology consulting firm Tech Mahindra to develop and promote quantum solutions across various industries worldwide. The collaboration will focus on training Tech Mahindra’s workforce in quantum technology, identifying and developing high-impact use cases in sectors like banking, telecommunications, and manufacturing, and educating clients about the potential of quantum technology. The partnership aims to build use cases in areas such as drug discovery, material discovery, satellite planning, and complex financial modeling. Pasqal’s co-CEO, Loïc Henriet, and Nikhil Malhotra, Global Head at Makers Lab, Tech Mahindra, expressed their commitment to integrating quantum computing with technological solutions.
Pasqal and Tech Mahindra Collaborate on Quantum Computing Applications
Pasqal, a company specializing in neutral-atoms quantum computers, has announced a strategic partnership with Tech Mahindra, a global provider of technology consulting and digital solutions. The collaboration aims to expedite the development and adoption of quantum solutions across various industries worldwide.
The partnership will focus on developing quantum computing solutions tailored for different sectors. Initially, the collaboration will concentrate on three main areas: workforce empowerment, use case identification and development, and client education and engagement.
Workforce Empowerment and Training
As part of the collaboration, selected Tech Mahindra employees will receive comprehensive training in quantum technology, with a particular focus on utilizing Pasqal’s Quantum Processing Units (QPUs). This initiative aims to equip Tech Mahindra’s workforce with the necessary skills and knowledge to leverage quantum technology effectively.
Use Case Identification and Development
Personnel from both Pasqal and Tech Mahindra will work together to identify and create high-impact use cases in critical sectors. These sectors include Banking, Financial Services, Insurance, Telecommunications, Manufacturing, Environment, and Sustainability. The collaboration will also focus on building use cases in areas such as drug discovery and optimization in pharma, material discovery for manufacturing, satellite planning for aerospace, complex datasets analysis, complex financial modeling in BFSI, cybersecurity enhancement, and energy consumption optimization in Utilities.
Client Education and Engagement
The partnership also aims to educate clients about the vast potential of quantum technology and its practical industry applications. By doing so, the collaboration hopes to boost the adoption and innovation of quantum technology across various industries.
Nikhil Malhotra, Global Head at Makers Lab, Tech Mahindra, stated that the collaboration with Pasqal aligns with their commitment to integrating quantum computing with cutting-edge technological solutions. The partnership aims to help customers harness the capabilities of quantum computing and pioneer innovative solutions in finance, healthcare, sustainability, and more.
About Pasqal and Tech Mahindra
Pasqal is a company that builds quantum processors from ordered neutral atoms in 2D and 3D arrays. The company aims to bring a practical quantum advantage to its customers and address real-world problems. Pasqal was founded in 2019 and has secured more than €140 million in financing to date.
Tech Mahindra offers technology consulting and digital solutions to global enterprises across industries. The company has over 145,000 professionals across 70+ countries helping 1100+ clients. Tech Mahindra provides a full spectrum of services, including consulting, information technology, enterprise applications, business process services, engineering services, network services, customer experience & design services, AI & analytics, and cloud & infrastructure services.
The multiyear collaboration between Pasqal and Tech Mahindra is expected to drive innovation in services and product development, serving as a source of revenue for both companies.
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