Computational complexity theory

Saggezza Launches Quantum Computing Lab to Help Businesses Leap Into the Future

Retrieved on: 
Tuesday, July 20, 2021

CHICAGO, July 20, 2021 (GLOBE NEWSWIRE) -- Saggezza , a global technology solutions provider and consulting firm, today announces the launch of its quantum computing lab, which allows employees to experiment with paradigm-shifting quantum computing technology.

Key Points: 
  • CHICAGO, July 20, 2021 (GLOBE NEWSWIRE) -- Saggezza , a global technology solutions provider and consulting firm, today announces the launch of its quantum computing lab, which allows employees to experiment with paradigm-shifting quantum computing technology.
  • Through the quantum computing lab, Saggezza employees utilize Braket, a fully managed quantum computing service through cloud computing giant Amazon Web Services.
  • Quantum computing is the future but we dont know what the future will look like quite yet, said Frank Trainer, Vice President of Process and Delivery at Saggezza.
  • Saggezza developed its quantum computing lab to promote its belief that innovation should be:
    Essential: Businesses of every size and in every industry can benefit from experimentation with new technologies.

ColdQuanta Reaches Quantum Computer Milestone By Demonstrating Immense Scalability of ‘Cold Atom’ Processor Approach

Retrieved on: 
Wednesday, July 7, 2021

Boulder, CO, July 07, 2021 (GLOBE NEWSWIRE) -- ColdQuanta , the leader in Cold Atom Quantum Technology, today announced it has achieved a significant milestone in the development of its Quantum Computer by trapping and addressing 100 qubits in a large, dense 2-D cold atom array.

Key Points: 
  • Boulder, CO, July 07, 2021 (GLOBE NEWSWIRE) -- ColdQuanta , the leader in Cold Atom Quantum Technology, today announced it has achieved a significant milestone in the development of its Quantum Computer by trapping and addressing 100 qubits in a large, dense 2-D cold atom array.
  • Our Cold Atom Method stands out among other modalities by demonstrating the potential for unmatched qubit scalability.
  • ColdQuanta is the leader in Cold Atom Quantum Technology, the most scalable, versatile, and commercially viable application of quantum.
  • The Quantum Computing division will launch Hilbert, a cloud-based 100 qubit quantum computer, in late 2021.

QCI CEO Outlines Company Progress in Shareholder Letter

Retrieved on: 
Wednesday, June 30, 2021

According to QCI CEO, Robert Liscouski: Much of the market continues to focus on pure quantum for quantums sake.

Key Points: 
  • According to QCI CEO, Robert Liscouski: Much of the market continues to focus on pure quantum for quantums sake.
  • It can only be derived from the sophisticated combination of classical and quantum computing techniques that is enabled today with Qatalyst.
  • QCI alone provides simple, seamless access to powerful computational software across a variety of classical and quantum computers with no quantum expertise required.
  • This includes:
    Fraud Detection: A large global data company is working with QCI to identify credit card fraud, security risks for illicit activity, and physical access to secure sites.

2021 Thematic Research into Quantum Computing in Oil and Gas - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 22, 2021

The "Quantum Computing in Oil and Gas - Thematic Research" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Quantum Computing in Oil and Gas - Thematic Research" report has been added to ResearchAndMarkets.com's offering.
  • Quantum computers are machines that use the properties of quantum physics to store data and perform computations.
  • Quantum computers are proving extremely difficult to build, and fully-fledged commercial computers are not expected for 10, 20, or even 30 years.
  • Oil majors ExxonMobil, Total, Shell, and BP, are among the few industry participants to venture into quantum computing.

IQM announces KQCircuits - An open-source software to design superconducting quantum processors

Retrieved on: 
Thursday, June 17, 2021

ESPOO, Finland, June 17, 2021 /PRNewswire/ -- IQM Quantum Computers (IQM) announced today its open-source software tool KQCircuits to automate the design of superconducting quantum processors.

Key Points: 
  • ESPOO, Finland, June 17, 2021 /PRNewswire/ -- IQM Quantum Computers (IQM) announced today its open-source software tool KQCircuits to automate the design of superconducting quantum processors.
  • KQCircuits Is a Python library jointly developed by Aalto University and IQM using the KLayout design program.
  • With this initiative, IQM supports the broader quantum community by open-sourcing its state-of-the-art quantum processor design platform.
  • "At IQM, we've been using KQCircuits to design and develop our state-of-the-art quantum processors.

IQM announces KQCircuits - An open-source software to design superconducting quantum processors

Retrieved on: 
Thursday, June 17, 2021

ESPOO, Finland, June 17, 2021 /PRNewswire/ -- IQM Quantum Computers (IQM) announced today its open-source software tool KQCircuits to automate the design of superconducting quantum processors.

Key Points: 
  • ESPOO, Finland, June 17, 2021 /PRNewswire/ -- IQM Quantum Computers (IQM) announced today its open-source software tool KQCircuits to automate the design of superconducting quantum processors.
  • KQCircuits Is a Python library jointly developed by Aalto University and IQM using the KLayout design program.
  • With this initiative, IQM supports the broader quantum community by open-sourcing its state-of-the-art quantum processor design platform.
  • "At IQM, we've been using KQCircuits to design and develop our state-of-the-art quantum processors.

Dr. Celia Merzbacher of the Quantum Economic Development Consortium to Keynote at Data Center World

Retrieved on: 
Tuesday, June 15, 2021

Data Center World , the leading global conference for data center, facilities and IT infrastructure, today announces Dr. Celia Merzbacher, Executive Director, Quantum Economic Development Consortium will deliver a keynote address.

Key Points: 
  • Data Center World , the leading global conference for data center, facilities and IT infrastructure, today announces Dr. Celia Merzbacher, Executive Director, Quantum Economic Development Consortium will deliver a keynote address.
  • Data Center World is AFCOMs annual global gathering, taking place August 16-19 at the Orlando County Convention Center.
  • View the full release here: https://www.businesswire.com/news/home/20210615005350/en/
    Dr. Celia Merzbacher of the Quantum Economic Development Consortium to Keynote at Data Center World (Photo: Business Wire)
    Dr. Merzbacher will present Quantum Computing: Preparing for the Data Center of the Future on August 17.
  • Were excited for Celia to share her insights on why quantum computing belongs in the data center, said Brian Gillooly, Content Director, Data Center World.

Quantum Computing Market Revenue Worth $1,866.8 Million by 2030, says P&S Intelligence

Retrieved on: 
Monday, May 31, 2021

NEW YORK, May 31, 2021 /PRNewswire/ -- According to the market research report published by P&S Intelligence, global market for quantum computing to cross $1,866.8 million revenue by 2030, growing at a CAGR of 33.1% during 2020 and 2030.

Key Points: 
  • NEW YORK, May 31, 2021 /PRNewswire/ -- According to the market research report published by P&S Intelligence, global market for quantum computing to cross $1,866.8 million revenue by 2030, growing at a CAGR of 33.1% during 2020 and 2030.
  • Hence, quantum computers are exceedingly difficult to engineer, build, and program, owing to high-physical restraints whilst development of technology.
  • Besides, access to the quantum processor via cloud opens the market for new participants, encouraging the development of the quantum computing ecosystem.
  • P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world.

Quantum Computing Market Revenue Worth $1,866.8 Million by 2030, says P&S Intelligence

Retrieved on: 
Monday, May 31, 2021

NEW YORK, May 31, 2021 /PRNewswire/ -- According to the market research report published by P&S Intelligence, global market for quantum computing to cross $1,866.8 million revenue by 2030, growing at a CAGR of 33.1% during 2020 and 2030.

Key Points: 
  • NEW YORK, May 31, 2021 /PRNewswire/ -- According to the market research report published by P&S Intelligence, global market for quantum computing to cross $1,866.8 million revenue by 2030, growing at a CAGR of 33.1% during 2020 and 2030.
  • Hence, quantum computers are exceedingly difficult to engineer, build, and program, owing to high-physical restraints whilst development of technology.
  • Besides, access to the quantum processor via cloud opens the market for new participants, encouraging the development of the quantum computing ecosystem.
  • P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world.

Cambridge Quantum Develops Algorithm to Accelerate Monte Carlo Integration on Quantum Computers

Retrieved on: 
Thursday, May 27, 2021

CAMBRIDGE, United Kingdom, May 27, 2021 /PRNewswire/ --Cambridge Quantum Computing ( CQC ) today announced the discovery of a new algorithm that accelerates quantum Monte Carlo integration - shortening the time to quantum advantage and confirming the critical importance of quantum computing to the finance industry in particular.

Key Points: 
  • CAMBRIDGE, United Kingdom, May 27, 2021 /PRNewswire/ --Cambridge Quantum Computing ( CQC ) today announced the discovery of a new algorithm that accelerates quantum Monte Carlo integration - shortening the time to quantum advantage and confirming the critical importance of quantum computing to the finance industry in particular.
  • It is a critical aspect of the computational machinery underpinning the modern world.
  • CQC have solved the problem with an algorithm detailed in a released pre-print of a paper by Senior Research Scientist, Steven Herbert, showing how historic challenges are eliminated, and the full quadratic quantum advantage is obtained.
  • Founded in 2014 and backed by some of the world's leading quantum computing companies, CQC is a global leader in quantum software and quantum algorithms, enabling clients to achieve the most out of rapidly evolving quantum computing hardware.