Infosys to Develop Quantum Computing Capabilities on AWS
PR91844
BENGALURU, India, September 22, 2021 /PRNewswire=KYODO JBN/ -
Infosys Cobalt and Amazon Braket will enable businesses to begin exploring
the potential of quantum computing
Infosys [https://www.infosys.com/](NSE, BSE, NYSE: INFY), a global leader
in next-generation digital services and consulting, today announced a strategic
collaboration with Amazon Web Services [https://aws.amazon.com/](AWS) to
develop quantum computing capabilities and use cases. Infosys will use Amazon
Braket to explore and build multiple use cases in quantum computing as part of
Infosys Cobalt [https://www.infosys.com/services/cloud-cobalt.html] cloud
offerings. Amazon Braket is a fully managed quantum computing service that
helps scientists and developers get started with the technology and accelerate
research and discovery.
Infosys will look to build, test, and evaluate quantum applications on
circuit simulators and quantum hardware technologies using Amazon Braket. This
will enable researchers and developers to experiment and study complex
computational problems as quantum technologies continue to evolve. Enterprises
will get access to use cases for rapid experimentation and can explore how
quantum computing can potentially help them in the future in a variety of
areas, assess new ideas and plan adoption strategies to drive innovation. The
use of Amazon Braket by Infosys aims at getting businesses ready for a future
where quantum computers will impact business.
The Infosys Center for Emerging Technology Solutions
[https://www.infosys.com/services/incubating-emerging-technologies.html](iCETS),
which focuses on the incubation of next-generation services and offerings, is
using Amazon Braket to develop quantum computing use cases in vehicle route
optimization, fraud detection, and more. Infosys is also exploring partnership
opportunities with startups in the quantum computing space through the Infosys
Innovation Network (IIN). This collaboration further bolsters Infosys Cobalt, a
set of services, solutions, and platforms for enterprises to accelerate their
cloud journey. It offers 14,000 cloud assets and over 200 industry cloud
solution blueprints.
Ravi Kumar S, President, Infosys, said, “Infosys continues to be at the
forefront of exploring and bringing new technologies to clients. Through our
use of AWS in this space, we are bringing together the power of Amazon Braket
and Infosys Cobalt to help enterprises build quantum computing capabilities and
use cases to accelerate their cloud-powered transformation. We are exploring a
variety of use cases from the logistics, finance, energy, and telecom sectors
that can help clients evaluate future benefits and value that quantum computing
could bring to their business. Enterprises can look forward to solving their
various complex computational challenges with Infosys Cobalt and Amazon Braket.”
Matt Garman, Senior Vice President of Sales & Marketing at Amazon Web
Services, Inc, said, “Quantum Computing is an area of intense research, and a
number of businesses around the world are asking about its timeline and the
opportunities that it could open. At this stage, it’s important to be aware and
evaluate the potential future impact of quantum computing. Infosys, a
long-standing for AWS Premier Consulting Partner, has experience in incubating
emerging technology solutions. We see this collaboration as an important step
towards setting the right expectations when discussing business problems with
customers where quantum computing could have a role.”
For more information on the collaboration visit:
https://www.infosys.com/services/cloud-cobalt/insights/whats-next-quantum-computing.html
About Infosys
Infosys is a global leader in next-generation digital services and
consulting. We enable clients in more than 50 countries to navigate their
digital transformation. With over four decades of experience in managing the
systems and workings of global enterprises, we expertly steer our clients
through their digital journey. We do it by enabling the enterprise with an
AI-powered core that helps prioritize the execution of change. We also empower
the business with agile digital at scale to deliver unprecedented levels of
performance and customer delight. Our always-on learning agenda drives their
continuous improvement through building and transferring digital skills,
expertise, and ideas from our innovation ecosystem.
Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help
your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth prospects,
financial expectations and plans for navigating the COVID-19 impact on our
employees, clients and stakeholders are forward-looking statements intended to
qualify for the 'safe harbor' under the Private Securities Litigation Reform
Act of 1995, which involve a number of risks and uncertainties that could cause
actual results to differ materially from those in such forward-looking
statements. The risks and uncertainties relating to these statements include,
but are not limited to, risks and uncertainties regarding COVID-19 and the
effects of government and other measures seeking to contain its spread, risks
related to an economic downturn or recession in India, the United States and
other countries around the world, changes in political, business, and economic
conditions, fluctuations in earnings, fluctuations in foreign exchange rates,
our ability to manage growth, intense competition in IT services including
those factors which may affect our cost advantage, wage increases in India, our
ability to attract and retain highly skilled professionals, time and cost
overruns on fixed-price, fixed-time frame contracts, client concentration,
restrictions on immigration, industry segment concentration, our ability to
manage our international operations, reduced demand for technology in our key
focus areas, disruptions in telecommunication networks or system failures, our
ability to successfully complete and integrate potential acquisitions,
liability for damages on our service contracts, the success of the companies in
which Infosys has made strategic investments, withdrawal or expiration of
governmental fiscal incentives, political instability and regional conflicts,
legal restrictions on raising capital or acquiring companies outside India,
unauthorized use of our intellectual property and general economic conditions
affecting our industry and the outcome of pending litigation and government
investigation. Additional risks that could affect our future operating results
are more fully described in our United States Securities and Exchange
Commission filings including our Annual Report on Form 20-F for the fiscal year
ended March 31, 2021. These filings are available at www.sec.gov. Infosys may,
from time to time, make additional written and oral forward-looking statements,
including statements contained in the Company's filings with the Securities and
Exchange Commission and our reports to shareholders. The Company does not
undertake to update any forward-looking statements that may be made from time
to time by or on behalf of the Company unless it is required by law.
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Source: Infosys
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