Tech Mahindra’s R&D arm sets up centre in Finland

at 8:41 pm
Delegation of Finland being welcomed in India

New Delhi: Tech Mahindra’s research and development arm Makers Lab has set up its Quantum Centre of Excellence — QNxt in Helsinki, the capital of Finland, it was announced here today.

Makers Lab will build a team of 200+ quantum machine learning experts and 5 research fellows to start with.

The collaboration will accelerate the adoption and commercialization of quantum technologies globally, the company said in a press release here.

In addition to Finland, Makers Lab will also set up CoEs in Pune & Hyderabad, India to spearhead co-innovation and R&D across industries and sectors such as telecom, 5G, energy, and healthcare, it said.

The announcement was made on the sidelines of India visit by a business delegation from Finland, led by its Minister of Economic Affairs Mika Lintila.

Commenting on the development, Lintila, said, “I see great value in further developing our ecosystem in partnership with strong international players such as Tech Mahindra. I warmly welcome the new Makers Lab to build linkages with Finnish business life and top innovation actors.”

Jagdish Mitra, Chief Strategy Officer and Head of Growth, Tech Mahindra, said, “Our QNxT CoEs will solidify our research and design capabilities. It will also help us implement business use cases effectively to solve complex customer challenges by leveraging quantum computing.”

QNxT will identify quantum computing problem statements, spearhead inclusive innovation, and develop use cases across sectors such as fraud identification and folio optimization in finance, drug discovery, precision medicine therapies, and seamless diagnostic assistance in healthcare, and 5G bandwidth optimization in telecom.

It will also facilitate training, education, testing, and R&D in the field of quantum computing.

In addition, it will enable 5G and 6G networks to provide global coverage and empower organizations in their digital transformation journeys that will result into higher level of productivity, reduce operational complexity, and costs.