Powered by: Motilal Oswal
2024-02-29 09:56:57 am | Source: IANS
LTIMindtree, IBM join hands to explore quantum computing innovation

Tech major IBM on Wednesday announced that global technology consulting and digital solutions firm LTIMindtree has joined its Quantum Network to explore quantum computing innovation for the benefit of its global clients across multiple industries.

LTIMindtree is the first Indian Global System Integrator (GSI) to join the IBM Quantum Network.

The company will also collaborate with the Indian Institute of Technology (IIT) Madras, which is also an IBM Quantum Innovation Centre, on joint quantum research and workforce development.

"We are looking forward to providing technology support for LTIMindtree’s joint research and educational engagements with IIT-Madras, our first IBM Quantum Innovation Centre in India," Scott Crowder, Vice President of IBM Quantum Adoption and Business Development, said in a statement.

LTIMindtree will have access to IBM resources, including the company's global fleet of quantum computing systems over the Cloud, software, and associated expertise.

This move is a strategic step towards LTIMindtree helping their customers benefit from the transformative value of quantum computing technologies, the company said.

"These collaborations are more than an innovation milestone; they're an important step towards a future where quantum computing could help solve increasingly complex problems faster and more efficiently," said Aan Chauhan, Chief Technology Officer, LTIMindtree.

In addition, the company mentioned that LTIMindtree plans to establish a series of long-term projects, including applied research toward business and societal problems, quantum computing workshops, and research grants.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here