1QBit

Accenture Invests in Good Chemistry Company to Help Drive Quantum Computing Advancements in Materials and Life Sciences

Retrieved on: 
Tuesday, April 5, 2022

Accenture (NYSE: ACN) has made a strategic investment, through Accenture Ventures , in Good Chemistry Company , a company that uses quantum chemistry, machine learning and quantum computing to accelerate new materials design.

Key Points: 
  • Accenture (NYSE: ACN) has made a strategic investment, through Accenture Ventures , in Good Chemistry Company , a company that uses quantum chemistry, machine learning and quantum computing to accelerate new materials design.
  • View the full release here: https://www.businesswire.com/news/home/20220405005275/en/
    Accenture Invests in Good Chemistry Company to Help Drive Quantum Computing Advancements in Materials and Life Sciences (Graphic: Business Wire)
    The Good Chemistry Company platform, QEMIST Cloud , combines cloud, AI, and quantum computing in an integrated platform designed for developers.
  • Arman Zaribafiyan, CEO of Good Chemistry Company said, With our platform, we are re-imagining the way computational chemistry simulations are done.
  • Headquartered in Vancouver, Canada, Good Chemistry Companys interdisciplinary team comprises computational and quantum chemists, software developers, ML engineers and quantum computing scientists.

Strangeworks and Quantum Algorithms Institute Announce Partnership to Accelerate British Columbia's Quantum Ecosystem

Retrieved on: 
Tuesday, February 22, 2022

QAI supports three main pillars; education and training for students and professionals, quantum computing research, and commercialization of quantum computing.

Key Points: 
  • QAI supports three main pillars; education and training for students and professionals, quantum computing research, and commercialization of quantum computing.
  • De-risking the exploration of quantum relevant use cases is key to enabling the BC quantum ecosystem, as well as democratizing quantum computing technologies.
  • Headquartered in Surrey, British Columbia, the Quantum Algorithms Institute (QAI) is a not-for-profit organization that aims to help secure British Columbia's position as a global leader in the application of quantum computing technology to real-world problems.
  • To learn more about how the Quantum Algorithms Institute can de-risk your quantum journey, visit https://quantumalgorithms.ca .

1QBit, NTT DATA and NTT Research Win BMW Quantum Computing Challenge

Retrieved on: 
Thursday, December 16, 2021

BMW has announced the four winners of the BMW Quantum Computing Challenge.

Key Points: 
  • BMW has announced the four winners of the BMW Quantum Computing Challenge.
  • The team with 1QBit , NTT DATA and NTT Research, Inc. , a division of NTT (TYO:9432), together with the University of Notre Dame, won in the category "Configuration Optimization of Pre-Production Vehicles."
  • According to BMW, quantum computing has immense potential in the automotive sector, for example in complex optimization problems, in materials research and in quantum machine learning for automated driving.
  • NTT DATA a part of NTT Group is a trusted global innovator of IT and business services headquartered in Tokyo.

NTT Research Launches Joint Research on Neuro-Computing with The University of Tokyo International Research Center for Neurointelligence

Retrieved on: 
Wednesday, July 28, 2021

NTT Research, Inc. , a division of NTT (TYO:9432), today announced that it has entered a joint research agreement with The University of Tokyos International Research Center for Neurointelligence (IRCN) to develop Coherent Ising Machine (CIM)-related technologies.

Key Points: 
  • NTT Research, Inc. , a division of NTT (TYO:9432), today announced that it has entered a joint research agreement with The University of Tokyos International Research Center for Neurointelligence (IRCN) to develop Coherent Ising Machine (CIM)-related technologies.
  • His counterpart at NTT Research is Physics & Informatics (PHI) Lab Senior Research Scientist Dr. Satoshi Kako, whose research is focused on the potential capability and application of coherent network computing.
  • This joint research project with NTT Research is an exciting opportunity to continue exploring the intersection of advanced theory and future applications, Professor Aihara said.
  • It is also conducting joint research with the NASA Ames Research Center in Silicon Valley and 1QBit, a private quantum computing software company.

IQT Research Finds That Financial Services Will Spend $450 Million on Quantum Computing by 2026

Retrieved on: 
Thursday, July 15, 2021

The new IQT Research report, Quantum Computing in Financial Services: Requirements, Applications and Expenditures , provides an assessment of which quantum computing capabilities will be most useful to financial firms, along with profiles of specialized service providers such as QuantFi, JoS QUANTUM, Nordic, Quantum Computing Group (NQCG), Multiverse Computing, Quantum Mads, QC Ware and 1Qbit.

Key Points: 
  • The new IQT Research report, Quantum Computing in Financial Services: Requirements, Applications and Expenditures , provides an assessment of which quantum computing capabilities will be most useful to financial firms, along with profiles of specialized service providers such as QuantFi, JoS QUANTUM, Nordic, Quantum Computing Group (NQCG), Multiverse Computing, Quantum Mads, QC Ware and 1Qbit.
  • The primary research included interviews with leading financial institutions as well as on the ongoing interviews carried out by IQT Research throughout the quantum technology sector and end-user base.
  • Quantum computing strategies of eighteen financial institutions profiled.Many of the largest banks and other financial institutions already have substantial quantum computing teams in place.
  • IQT Research believes that quantum computing has the potential to disrupt financial services to the same degree that occurred with digital computing and high frequency trading in the past.

The Worldwide Quantum Computing Industry is Expected to Reach $1.7 Billion by 2026

Retrieved on: 
Tuesday, February 16, 2021

The Global Quantum Computing Market is expected to grow from USD 472 million in 2021 to USD 1,765 million by 2026, at a CAGR of 30.2%.

Key Points: 
  • The Global Quantum Computing Market is expected to grow from USD 472 million in 2021 to USD 1,765 million by 2026, at a CAGR of 30.2%.
  • Other key factors contributing to the growth of the quantum computing market include rising investments by governments of different countries to carry out research and development activities related to quantum computing technology.
  • Optimization is the largest application for quantum computing and accounted for a major share of the overall Quantum Computing market.
  • Companies such as D-Wave Systems, Cambridge Quantum Computing, QC Ware, and 1QB Information Technologies are developing quantum computing systems for optimization applications.

Quantum Computing Market with COVID-19 Impact Analysis by Offering, Deployment, Application, Technology, End-use Industry and Region - Global Forecast to 2026 - ResearchAndMarkets.com

Retrieved on: 
Monday, February 15, 2021

The Global Quantum Computing Market is expected to grow from USD 472 million in 2021 to USD 1,765 million by 2026, at a CAGR of 30.2%.

Key Points: 
  • The Global Quantum Computing Market is expected to grow from USD 472 million in 2021 to USD 1,765 million by 2026, at a CAGR of 30.2%.
  • Other key factors contributing to the growth of the quantum computing market include rising investments by governments of different countries to carry out research and development activities related to quantum computing technology.
  • Optimization is the largest application for quantum computing and accounted for a major share of the overall Quantum Computing market.
  • Companies such as D-Wave Systems, Cambridge Quantum Computing, QC Ware, and 1QB Information Technologies are developing quantum computing systems for optimization applications.

bp joins the IBM Quantum Network to advance use of quantum computing in energy

Retrieved on: 
Monday, February 15, 2021

LONDON, Feb. 15, 2021 /PRNewswire/ --IBM (NYSE: IBM ) today announcedbp has joined the IBM Quantum Network to advance the use of quantum computing in the energy industry.

Key Points: 
  • LONDON, Feb. 15, 2021 /PRNewswire/ --IBM (NYSE: IBM ) today announcedbp has joined the IBM Quantum Network to advance the use of quantum computing in the energy industry.
  • By joining the IBM Quantum Network as an Industry Partner, bp will have access to IBM's quantum expertise and software and cloud-based access to the most advanced quantum computers available via the cloud.
  • bp joins more than 130 members of the IBM Quantum Network, a global community of Fortune 500 companies, start-ups, academic institutions and research labs working to advance quantum computing and explore practical applications.
  • For more information about the IBM Quantum Network, as well as a full list of all partners, members, and hubs, visit https://www.research.ibm.com/ibm-q/network/ .

Global Quantum Computing Market (2021 to 2026) - by Technology, Infrastructure, Services, and Industry Verticals - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 20, 2021

The "Quantum Computing Market by Technology, Infrastructure, Services, and Industry Verticals 2021 - 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Quantum Computing Market by Technology, Infrastructure, Services, and Industry Verticals 2021 - 2026" report has been added to ResearchAndMarkets.com's offering.
  • This report assesses the technology, companies/organizations, R&D efforts, and potential solutions facilitated by quantum computing.
  • The report provides global and regional forecasts as well as the outlook for quantum computing impact on infrastructure including hardware, software, applications, and services from 2021 to 2026.
  • This includes the quantum computing market across major industry verticals.

Chicago Quantum Exchange Welcomes Six New Partners Focused on Advancing Research, Building a Quantum Economy

Retrieved on: 
Friday, November 13, 2020

The Chicago Quantum Exchange has also partnered with P33, a private sector led non-profit dedicated to driving innovation leadership for the Chicago region.

Key Points: 
  • The Chicago Quantum Exchange has also partnered with P33, a private sector led non-profit dedicated to driving innovation leadership for the Chicago region.
  • The Chicago Quantum Exchange and its partners advance the science and engineering necessary to build and scale quantum technologies, develop practical applications, and work with others to explore these possibilities.
  • Chicago Quantum Exchange members and corporate partners engage in collaborative research efforts, joint workshops to develop new research directions, and opportunities to train future quantum engineers.
  • For some partners, engaging with the Chicago Quantum Exchange is an effort to uncover practical applications and explore the potential of quantum technology.