Indian Institute of Technology Madras and Mphasis, an IT solutions provider, have signed a Memorandum of Understanding (MoU) to establish a Center for Quantum Science and Technology that produces high quality graduates by promoting basic research and applied in quantum technologies.
The MoU will also include developing and attracting talent to the quantum ecosystem by providing a limited number of high-value complementary scholarships to students who excel in research. This initiative is funded by the Mphasis F1 Foundation (the CSR arm of Mphasis) with a grant of ₹21 crore over five years.
IIT Madras and Mphasis together will enable the development and attraction of talent in the quantum ecosystem by offering a limited number of high-value complementary scholarships to students who excel in research, international full-time students and postdoctoral researchers , who will be offered globally competitive compensation as well as accessible and curated course materials.
This partnership will create a consortium of governments, universities and industries that will focus on research, bringing together multidisciplinary teams to solve challenges currently limiting industrial applications of quantum science and technologies, said Mahesh Panchagnula, Dean ( alumni and corporate relations), IIT Madras.
Quantum technology is poised to revolutionize quantum computing, sensing, and communication, driving the emergence of new businesses and business models. The collaboration with IIT Madras and the Indian government will enable the company to harness the vast potential of quantum computing, enabling the development of cutting-edge capabilities and skills for the future, said Srikanth Karra, Chief Human Resources Officer (CHRO) at Mphasis.
Elaborating on the projects to be undertaken by this program, Anil Prabhakar, Department of Electrical Engineering, IIT Madras, said that the laboratory built through this partnership will harness the potential of quantum technologies and uncover areas believed to achieve early gains with quantum computers. . and migrate real use cases to quantum computers. It will also assess societal needs and consequences of access to quantum computers and use quantum computers for basic research.
July 22, 2022