Sydney Quantum Academy adds HCL Technologies to partner network

30 August 2022 Consultancy.com.au

Sydney Quantum Academy has agreed a partnership with HCL Technologies, in a move that aims to help accelerate the development of the quantum technology ecosystem in Australia.

Quantum technology is one of the most hyped emerging technologies, lauded for its promise to transform many areas of life. The potential applications for quantum technology cut across health, agriculture, finance, transport, information technology, security, and defense.

According to Australia’s national science agency (CSIRO), Australia’s quantum technology industry has the potential to support 16,000 new jobs and generate $4 billion annual revenue by 2040.

As a hub of innovation and technology talent (and as Australia’s largest economy), it is expected that Sydney will drive much of this growth. This triggered four universities in Sydney – Macquarie University, the University of New South Wales, the University of Technology Sydney, and the University of Sydney – and the New South Wales government to establish the Sydney Quantum Academy.

The Sydney-based academy aims to help governments and companies with capitalising on the quantum opportunity – and building Australia’s quantum economy into a leading ecosystem on the global stage.

Now joining its partner ranks is HCL Technologies, a global technology company with “deep capabilities in quantum computing”, according to a release by Sydney Quantum Academy.

Through the partnership, the two parties aim to advance research and application of quantum technologies. Swapan Johri, President – Growth Markets at HCL Technologies, said: “We are eager to begin this journey with Sydney Quantum Academy to promote a deeper understanding of quantum technologies.”

The industry-academic partnership will also see HCL Technologies support education and development opportunities for students within the realm of quantum technology, and with the development of start-ups in the field (HCL Technologies has a global ecosystem of more than and 1,500 startups, investors, and innovation partners which can be put to use).