HCLTech To Explore Industrial-scale Quantum Applications For Enterprises

IT major on Monday said it will explore quantum computing opportunities with enterprise organisations at "industrial-scale" globally, by leveraging the latest Azure Quantum toolsets and support.

Q-Labs, which incubates early-stage research programs, is now a part of the Azure Quantum Network, the ecosystem of quantum innovators and pioneers. The new initiative will "inspire and educate" HCL's clients to explore and scale customer-ready deployments of quantum applications, the company said.

It will be engaging with close to 1,000 employees around the world to leverage Azure Quantum resources such as Learn, katas and workshop content to innovate quantum technologies and inspire its customers.

The partnership is centered on Proof of Concept (POC) development with HCL's customers that will help them identify applications for quantum technologies through the various experience zones that Q-Labs will create.

“We believe that quantum technology has the power to transform the way we live, do business and solve society’s most significant challenges. We are excited to leverage the Azure Quantum toolsets and support to innovate, inspire and industrialise quantum technologies for our customers,” said Ajit Moodliar, Senior Vice President and Global Head, Microsoft Ecosystem Business Unit (MEBU) of HCLTech.

The new collaboration will also further quantum journeys for industrial entities by advancing their use cases based on extensive market research, HCLTech said.

"HCLTech’s addition to the Microsoft Azure Quantum Network follows the impressive engagement we have achieved through HCLTech Q-Labs and our excitement around the potential of HCLTech’s approach for introducing enterprises to quantum computing foundations and applications explorable right now through Proof of Concept pilots,” said Linda Lauw, Senior Director, Microsoft Azure Quantum Planning and Partnerships.

RECENT NEWS

JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity

JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more

Private Equity And Banks: The Complex Web Of Leverage

Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more

Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector

The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more

JPMorgan And Small Caps Lead Market Rally: A Sign Of Economic Optimism

In a week marked by strong financial performance, JPMorgan Chase & Co. reported a 25% rise in profits, and US small-... Read more

Big Banks Vs. Regional Banks: The Battle For Market Share

The financial industry is a competitive landscape where big banks and regional banks vie for market share. Each type of ... Read more

The Evolution Of Philanthropic Advisory Services In Private Banks

The landscape of philanthropic advisory services provided by private banks has undergone a significant transformation. T... Read more