Is India Becoming Hotbed For Quantum Computing?

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Andy Jacob
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Quantum Computing
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IBM and IIT Collaboration in India

IBM (International Business Machines), and IIT (Indian Institute of Technology) Madras have joined forces to promote quantum computing research & talent development in India.

With this collaboration and the letters of agreement, IIT becomes the latest member of the IBM Quantum Network, which comprises of more than 180 organizations. Additionally, IIT Madras is the first Indian university to become the latest member of an international network comprising of academic institutions, startups, Fortune 500 corporations, and research labs exploring quantum computing and investigating business application cases through the use of IBM Quantum Technology.

Leading this collaboration are the managing director of IBM India: Sandip Patel and the director of the Indian Institute of Technology Madras: Prof. Kamakoti Veezhinathan.
This latest collaboration will further engender future collaboration between potential businesses to research and exploit quantum in areas such as logistics, supply chain improvements and financial data modelling.

Quantum computing has infinite opportunities and potentials which could also be exploited in other industries such as chemistry, energy finance, machine learning, materials science, optimization and space exploration.

Enjoying the fruits of the collaboration requires IIT Madras to connect to the advanced quantum computing device of IBM through the cloud.

IIT Madras’ quest for the development and expansion of the quantum computing ecosystem in India is not limited to IBM Quantum Service. The institute’s Centre for Quantum information, Communications and Computing CQuICC will combine the IBM Quantum Service with an open source Qiskit framework to explore certain topics which include quantum algorithms, quantum chemistry, quantum error correction, quantum machine learning, and quantum tomography.

The said Qiskit runtime is a recent innovation from IBM. This quantum computing service and programming model runs on IBM cloud and allows users to optimize workloads and efficiently execute them on quantum systems at scale.

As originally reported in (https://currentaffairs.adda247.com/ibm-and-iit-madras-collaborate-to-promote-quantum-computing-in-india/amp/)

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Andy Jacob
http://www.AndyJacob.com
Andy Jacob, Founder and CEO of The Jacob Group, brings over three decades of executive sales experience, having founded and led startups and high-growth companies. Recognized as an award-winning business innovator and sales visionary, Andy's distinctive business strategy approach has significantly influenced numerous enterprises. Throughout his career, he has played a pivotal role in the creation of thousands of jobs, positively impacting countless lives, and generating hundreds of millions in revenue. What sets Jacob apart is his unwavering commitment to delivering tangible results. Distinguished as the only business strategist globally who guarantees outcomes, his straightforward, no-nonsense approach has earned accolades from esteemed CEOs and Founders across America. Andy's expertise in the customer business cycle has positioned him as one of the foremost authorities in the field. Devoted to aiding companies in achieving remarkable business success, he has been featured as a guest expert on reputable media platforms such as CBS, ABC, NBC, Time Warner, and Bloomberg. Additionally, his companies have garnered attention from The Wall Street Journal. An Ernst and Young Entrepreneur of The Year Award Winner and Inc500 Award Winner, Andy's leadership in corporate strategy and transformative business practices has led to groundbreaking advancements in B2B and B2C sales, consumer finance, online customer acquisition, and consumer monetization. Demonstrating an astute ability to swiftly address complex business challenges, Andy Jacob is dedicated to providing business owners with prompt, effective solutions. He is the author of the online "Beautiful Start-Up Quiz" and actively engages as an investor, business owner, and entrepreneur. Beyond his business acumen, Andy's most cherished achievement lies in his role as a founding supporter and executive board member of The Friendship Circle-an organization dedicated to providing support, friendship, and inclusion for individuals with special needs. Alongside his wife, Kristin, Andy passionately supports various animal charities, underscoring his commitment to making a positive impact in both the business world and the community.

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