Indian IT company HCL Technologies has entered into a memorandum of understanding (MoU) with Sydney Quantum Academy (SQA) to help expedite the development of an ecosystem for quantum technology in Australia.

Sydney Quantum Academy is a partnership between Macquarie University, the University of Technology Sydney, the University of New South Wales, and the University of Sydney. It is backed by the New South Wales (NSW) government with an objective to build the quantum economy of Australia.

With the industry-academia partnership, HCL Technologies and Sydney Quantum Academy will strive to combine their capabilities for opening up opportunities in education and development for students within the area of quantum technology.

HCL Technologies said that other opportunities which will be looked at under the MoU will link its client base with the emerging quantum community in Sydney.

Swapan Johri — HCL Technologies Growth Markets President said: “As one of the leading global technology companies, we are always ready to explore opportunities to incubate new technologies that will benefit enterprises and the community at large to run their businesses efficiently.

“We believe in exploring open innovation and helping enterprises kick-start their innovation journey using quantum computing.”

Recently, HCL Technologies launched a dedicated VMware business unit with an objective to enable enterprises to unlock the unexploited value of multi-cloud and app modernization.

  Australia, HCL Technologies, Macquarie University, New South Wales, NSW, quantum computing, quantum technology, Swapan Johri, Sydney Quantum Academy, The University of Sydney, University of New South Wales, University of Technology Sydney