Mphasis and Classiq Partner To Accelerate Quantum-powered Solutions for BFSI, Supply Chain & Logistics, Lifesciences & Healthcare verticals

Mphasis, an IT solutions provider specializing in cloud and cognitive services, has announced a strategic partnership with Classiq, a leading quantum software company. This collaboration aims to pioneer Quantum Computing Solutions for various sectors including BFSI (Banking, Financial Services, and Insurance), Supply Chain & Logistics, Life Sciences, and Healthcare. 

The partnership is set to accelerate the adoption of quantum solutions by integrating them into enterprise operations. Mphasis will focus on building industry solutions utilizing advanced algorithms developed by Classiq. Together, they plan to develop industry-specific intellectual properties (IPs), market and implement customer IPs, execute customer projects, and provide support for the commercialization of Classiq’s platform and IPs.

Mphasis' Quantum Initiative, launched in 2020 within the Applied R&D division, NEXT Labs, is designed to facilitate clients' transition to the quantum era through awareness-building, assessment, consulting workshops, and the development and implementation of quantum solutions in key domains such as optimization, AI, simulation, and Cybersecurity.

This partnership is a significant step towards redefining technological boundaries and paving the way for a quantum-powered future, with both companies combining their expertise to unlock the vast potential of quantum computing.

Classiq is a Tel Aviv, Israel, headquartered quantum software company that has developed a platform for faster and more efficient quantum algorithm design. The company is known for its cutting-edge quantum development platform and its role in fostering innovation in quantum computing.

By leveraging Classiq's quantum platform, Mphasis will develop industry-specific intellectual properties (IPs) and will also jointly market and implement customer IPs, execute customer projects, and provide support for the commercialization of Classiq's platform and IPs.

The collaboration is a significant step towards integrating quantum solutions into enterprise operations and redefining technological boundaries.

Classiq and Microsoft Collab for Quantum Computing Program for Academic Institutions Globally

On Wednesday, Quantum software company Classiq and tech giant Microsoft announced their collaboration to launch a global quantum research and education program that offers educational institutions access to Classiq’s state-of-the-art Quantum software platform coupled with Azure Quantum cloud access to diverse quantum hardware.

The global program is for quantum software research and education, dedicated to universities and educational institutions offering Classiq’s advanced quantum computing platform and Microsoft Azure Quantum’s cloud access to quantum computers.

Tel Aviv, Israel-based Classiq, which provides a leading platform for designing, analyzing, and executing quantum circuits, selected Microsoft's Azure Quantum to be its launch partner for its global academic program.

The program offers a one-stop-shop from creation of quantum circuits through to visualization, analysis, optimization and hardware access. Whether you are a researcher, a student or teaching a quantum computing course this program facilitates creation of state-of the-art circuits that are ready to be seamlessly executed on gate-based hardware.

Through integration with Azure Quantum, Classiq enables university professors, students, and researchers to speed up algorithm design on quantum computers, bypassing quantum assembly-level language so that users can focus on designing applications instead of gate-level code.

For Students —

For students studying quantum computing, computer science or quantum information science? The Classiq Platform allows students to learn how to design and experiment with different circuits and visualize them in detail. This can help students better understand the principles of quantum computing as well as to progress more quickly on their quantum journey.

For Researchers —

Researchers can take their quantum computing research to a higher level by Designing and testing quantum algorithms and circuits without having to manually construct the low-level circuit descriptions. Quantum circuit synthesis can optimize circuit descriptions to improve performance or reduce resource requirements of the quantum algorithm on a specific hardware platform. The Classiq Platform lets researchers implement scientific, large or complex circuits that might otherwise to too difficult to work on.

According to the press release, the classiq.io/academia offering, already used by leading universities, targets two major goals:

1. Accelerating quantum software education by providing an advanced platform for automated quantum software design and execution.
2. Advancing quantum computing by giving researchers a scalable, robust quantum software design platform with seamless access to computation.

This new academic program supports application development-focused teams, with only nominal quantum software programming experience required. Due to its functional descriptive approach, Classiq makes it easy to upskill domain experts with little quantum experience and integrate them into high-performing quantum teams.

Early this year, DARPA, the U.S. Defense Advanced Research Projects Agency, has selected Microsoft as a partner to explore scaled quantum computing in support of DARPA’s broader quantum strategies.