Mumbai, April 8 Deloitte India announced on Wednesday the launch of a quantum technology facility at IIT Bombay to accelerate innovation for Indian businesses.
The Quantum Centre for Disruption for Enterprises (QCoDE) at the ASPIRE IIT-Bombay Research Park Foundation represents a strategic collaboration between industry and academia to accelerate the adoption, research, and enterprise use-cases of quantum technology for Indian businesses, Deloitte said.
The facility will bring together Deloitte's global quantum network, IIT Bombay's academic excellence, startups, technology partners, and industry innovators to help Indian enterprises mitigate the risks associated with investing in this technology, develop use cases, build talent, and transition from experimentation to real-world deployment, Deloitte said.
Enterprises that begin building quantum capabilities today will be early beneficiaries as the technology matures, it said.
"The launch of QCoDE is an important step towards strengthening India's quantum ecosystem in alignment with the Government of India's National Quantum Mission," said Romal Shetty, CEO, Deloitte South Asia.
"Quantum technologies are moving from theory to real-world impact, and Deloitte aims to help organizations begin their quantum journeys today rather than waiting for hardware maturity. We are committed to responsibly harnessing this disruption to create economic value for our clients," said Renata Jovanovic, Partner, Chief Scientific Officer, at Deloitte South Asia, and Leader, Quantum Centre of Disruption for Enterprises.
The centre will focus on key industry applications, including accelerating the discovery of new materials and drugs through hybrid quantum-AI algorithms, transforming supply-chain and logistics optimization using quantum-enhanced modeling, as well as strengthening cybersecurity through quantum-safe cryptography and helping enterprises mitigate the risks associated with quantum investments through collaboration with research institutions, startups, and academia, Deloitte said.
In addition, it will also support organizations in developing quantum strategies and building quantum-literate workforces.
"QCoDE will ensure that Indian enterprises move early, decisively, and at scale, while bringing industry and academia together to accelerate the practical adoption of quantum technology for Indian businesses, the government, and the public sector," said Jagdish Bhandarkar, Partner, Chief Disruption Officer at Deloitte South Asia.