Mphasis, a mid-tier software services provider, has announced plans to double its presence in the UK by establishing a London innovation hub focused on quantum technologies. The facility will serve as a Centre of Excellence for developing cutting-edge Quantum Computing, Quantum Cryptography, and Artificial Intelligence solutions. These solutions aim to address critical industry challenges such as algorithmic underwriting, catastrophic risk modeling, and fraud detection. Mphasis' expertise is expected to empower businesses in the UK and beyond. The company has expanded its UK presence over the past few years and aims to double its headcount over the next three years through this innovation hub. Notably, Mphasis recently appointed Aravind Viswanathan as its new chief financial officer, following the resignation of Manish Dugar.
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