The European Union (EU) wants to massively invigorate its semiconductor industry to be able to make its first quantum computer in five years, according to a key vision document.

Reuters has managed to get its hands on the document titled 2030 Digital Compass that will be presented by European Commission Vice President, Margrethe Vestager and EU industry chief, Thierry Breton.

It is our proposed level of ambition that by 2025, Europe will have the first computer with quantum acceleration paving the way for Europe to be at the cutting edge of quantum capabilities by 2030, says the document according to Reuters.

EUs document argues that the Covid-19 pandemic has exposed the blocs reliance on China and the US for several key technologies, primarily semiconductors. As a result, it proposes to step up the production of semiconductors within its boundaries to at least 20% of world production in value by the end of the decade.

Chinese officials too have recently presented a five-year plan to increase investment in key technologies to end its reliance on the US.

According to Reuters, the EU plan stresses on increasing the production of semiconductors since they are used in everything from smartphones and IoT devices, to high performance computers and AI.

It also called for pumping up investment in quantum computing calling them a game changer in fields such as medicine research and genome sequencing.

The plan also calls for setting up 10,000 green data centre facilities by 2030 to enable the EU to build its own cloud computing infrastructure, and hopes to cover all populated areas with a 5G network in the same time frame.

Via: Reuters

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Europe wants to build its first quantum computer within the next five years - Techradar

Innovative techniques in the miniaturisation of optical atomic clocks are being developed in research involving the University of Strathclyde.

The new clock technology will help improve the location accuracy of Global Navigation Satellite Systems (GNSS), as well as addressing the scalability of other quantum technologies.

Atomic clocks are the ultimate timekeepers, with the state-of-the-art instruments providing a timing accuracy that would neither gain nor lose a second in over 30 million years. Due to the high level of accuracy in these instruments, atomic clocks are used to coordinate systems that require extreme precision, such as GNSS.

Each satellite network contains multiple atomic clocks that contribute precision timing data, which is decoded to provide location data by effectively synchronising each receivers atomic clocks with those of the satellite. Cold atomic samples have led to profound advancements in precision metrology by measuring the frequency separation of discrete atomic energy levels.

Strathclydes role in the research will be to design the gMOT (grating magneto-optical trap), on to which laser light will be delivered, for the clocks. Nanofabrication company Kelvin Nanotechnology is leading in the project, in which the University of Birmingham and product design company Wideblue are also partners.

Dr Paul Griffin, Senior Lecturer in StrathclydesDepartment of Physics and the Universitys lead researcher for the project, said: This project is tackling head on the difficult problem of taking research-grade technology from the laboratory and into practicable and scalable quantum devices.

Atoms with complex internal structure, such as strontium and ytterbium, enable tremendous advances in the sensitivity of quantum-enabled measurements of time and gravity. Over the last decade, our team at Strathclyde has shown how the technology for laser cooling alkali atoms can be reduced down to a simple handheld device powered from a single battery.

Now, working closely with our partners, we are developing new tools for laser cooling and manipulation of strontium atoms. Our goal is that in five years time, the core hardware for ultra-cold strontium atoms will be an off-the-shelf component, which would be transformative for not only timing but also applications like quantum computing.

Dr James McGilligan from Kelvin Nanotechnology said: Atomic clocks are an integral component in modern technology and impact our daily routines, from computing and financial transactions to the navigation systems we use in our phones and cars.

As state-of-the-art atomic clocks push new boundaries in precision measurement, we face a new challenge of bringing this complex and large physical apparatus into a compact and user-friendly system where we can make the largest societal and economic impact. Our current collaboration aims to address the scalability of one such atomic clock by reducing the optical constraints into scalable micro-fabricated components, as a critical step to bringing laboratory performance out into real world applications.

To achieve such high timing resolution, the atomic clock makes use of ultra-narrow transitions in strontium atoms, providing orders of magnitude of better performance than their rubidium counterparts, owing to narrower atomic features. In simple terms, the narrower the atomic transition, the more accurate the atomic clock.

The gMOT was invented at Strathclyde by Dr Griffin and colleagues Dr Aidan Arnold and Prof Erling Riis, who are co-investigators on this project. The gMOT is now the focus of research internationally for ultra-compact devices for laser cooling.

Roger McKinlay, Challenge Director - Quantum Technologies at UKRI, said: "Small, low cost atomic clocks will be essential as we develop a resilient Position, Navigation and Timing (PNT) infrastructure to support our financial, power distribution and communications services.

With support from the Quantum Technologies Challenge in UKRI part of the UK National Quantum Technologies Programme - we are ensuring that the UK economy and society will benefit from the next generation of quantum devices and be quantum ready."

The University of Strathclyde is the only academic institution that has been a partner in all four EPSRC funded Quantum Technology Hubs in both phases of funding. The Hubs are in: Sensing and Timing; Quantum Enhanced Imaging; Quantum Computing and Simulation, and Quantum Communications Technologies.

A Quantum Technology Cluster is to be embedded in the Glasgow City Innovation District, an initiative driven by Strathclyde along with Glasgow City Council, Scottish Enterprise, Entrepreneurial Scotland and Glasgow Chamber of Commerce. It is envisaged as a global place for quantum industrialisation, attracting companies to co-locate, accelerate growth, improve productivity and access world-class research technology and talent at Strathclyde.

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Increasing the accuracy of atomic clocks - University of Strathclyde

Pacific Northwest National Laboratory computer scientist Sriram Krishnamoorthy. (PNNL Photo)

Imagine a future where new therapeutic drugs are designed far faster and at a fraction of the cost they are today, enabled by the rapidly developing field of quantum computing.

The transformation on healthcare and personalized medicine would be tremendous, yet these are hardly the only fields this novel form of computing could revolutionize. From cryptography to supply-chain optimization to advances in solid-state physics, the coming era of quantum computers could bring about enormous changes, assuming its potential can be fully realized.

Yet many hurdles still need to be overcome before all of this can happen. This one of the reasons the Pacific Northwest National Laboratory and Microsoft have teamed up to advance this nascent field.

The developer of the Q# programming language, Microsoft Quantum recently announced the creation of an intermediate bridge that will allow Q# and other languages to be used to send instructions to different quantum hardware platforms. This includes the simulations being performed on PNNLs own powerful supercomputers, which are used to test the quantum algorithms that could one day run on those platforms. While scalable quantum computing is still years away, these simulations make it possible to design and test many of the approaches that will eventually be used.

We have extensive experience in terms of parallel programming for supercomputers, said PNNL computer scientist Sriram Krishnamoorthy. The question was, how do you use these classical supercomputers to understand how a quantum algorithm and quantum architectures would behave while we build these systems?

Thats an important question given that classical and quantum computing are so extremely different from each other. Quantum computing isnt Classical Computing 2.0. A quantum computer is no more an improved version of a classical computer than a lightbulb is a better version of a candle. While you might use one to simulate the other, that simulation will never be perfect because theyre such fundamentally different technologies.

Classical computing is based on bits, pieces of information that are either off or on to represent a zero or one. But a quantum bit, or qubit, can represent a zero or a one or any proportion of those two values at the same time. This makes it possible to perform computations in a very different way.

However, a qubit can only do this so long as it remains in a special state known as superposition. This, along with other features of quantum behavior such as entanglement, could potentially allow quantum computing to answer all kinds of complex problems, many of which are exponential in nature. These are exactly the kind of problems that classical computers cant readily solve if they can solve them at all.

For instance, much of the worlds electronic privacy is based on encryption methods that rely on prime numbers. While its easy to multiply two prime numbers, its extremely difficult to reverse the process by factoring the product of two primes. In some cases, a classical computer could run for 10,000 years and still not find the solution. A quantum computer, on the other hand, might be capable of performing the work in seconds.

That doesnt mean quantum computing will replace all tasks performed by classical computers. This includes programming the quantum computers themselves, which the very nature of quantum behaviors can make highly challenging. For instance, just the act of observing a qubit can make it decohere, causing it to lose its superposition and entangled states.

Such challenges drive some of the work being done by Microsoft Azures Quantum group. Expecting that both classical and quantum computing resources will be needed for large-scale quantum applications, Microsoft Quantum has developed a bridge they call QIR, which stands for quantum intermediate representation. The motivation behind QIR is to create a common interface at a point in the programming stack that avoids interfering with the qubits. Doing this makes the interface both language- and platform-agnostic, which allows different software and hardware to be used together.

To advance the field of quantum computing, we need to think beyond just how to build a particular end-to-end system, said Bettina Heim, senior software engineering manager with Microsoft Quantum, during a recent presentation. We need to think about how to grow a global ecosystem that facilitates developing and experimenting with different approaches.

Because these are still very early days think of where classical computing was 75 years ago many fundamental components still need to be developed and refined in this ecosystem, including quantum gates, algorithms and error correction. This is where PNNLs quantum simulator, DM-SIM comes in. By designing and testing different approaches and configurations of these elements, they can discover better ways of achieving their goals.

As Krishnamoorthy explains: What we currently lack and what we are trying to build with this simulation infrastructure is a turnkey solution that could allow, say a compiler writer or a noise model developer or a systems architect, to try different approaches in putting qubits together and ask the question: If they do this, what happens?

Of course, there will be many challenges and disappointments along the way, such as an upcoming retraction of a 2018 paper in the journal, Nature. The original study, partly funded by Microsoft, declared evidence of a theoretical particle called a Majorana fermion, which could have been a major quantum breakthrough. However, errors since found in the data contradict that claim.

But progress continues, and once reasonably robust and scalable quantum computers are available, all kinds of potential uses could become possible. Supply chain and logistics optimization might be ideal applications, generating new levels of efficiency and energy savings for business. Since quantum computing should also be able to perform very fast searches on unsorted data, applications that focus on financial data, climate data analysis and genomics are likely uses, as well.

Thats only the beginning. Quantum computers could be used to accurately simulate physical processes from chemistry and solid-state physics, ushering in a new era for these fields. Advances in material science could become possible because well be better able to simulate and identify molecular properties much faster and more accurately than we ever could before. Simulating proteins using quantum computers could lead to new knowledge about biology that would revolutionize healthcare.

In the future, quantum cryptography may also become common, due to its potential for truly secure encrypted storage and communications. Thats because its impossible to precisely copy quantum data without violating the laws of physics. Such encryption will be even more important once quantum computers are commonplace because their unique capabilities will also allow them to swiftly crack traditional methods of encryption as mentioned earlier, rendering many currently robust methods insecure and obsolete.

As with many new technologies, it can be challenging to envisage all of the potential uses and problems quantum computing might bring about, which is one reason why business and industry need to become involved in its development early on. Adopting an interdisciplinary approach could yield all kinds of new ideas and applications and hopefully help to build what is ultimately a trusted and ethical technology.

How do you all work together to make it happen? asks Krishnamoorthy. I think for at least the next couple of decades, for chemistry problems, for nuclear theory, etc., well need this hypothetical machine that everyone designs and programs for at the same time, and simulations are going to be crucial to that.

The future of quantum computing will bring enormous changes and challenges to our world. From how we secure our most critical data to unlocking the secrets of our genetic code, its technology that holds the keys to applications, fields and industries weve yet to even imagine.

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How researchers are mapping the future of quantum computing, using the tech of today - GeekWire

The Colorado Economic Development Commission normally doesnt throw its weight behind unproven startups, but it did so on Thursday, approving $2.9 million in state job growth incentive tax credits to try and land a manufacturing plant that will produce hardware for quantum computers.

Given the broad applications and catalytic benefits that this companys technology could bring, retaining this company would help position Colorado as an industry leader in next-generation and quantum computing, Michelle Hadwiger, the deputy director of the Colorado Office of Economic Development & International Trade, told commissioners.

Project Quantum, the codename for the Denver-based startup, is looking to create up to 726 new full-time jobs in the state. Most of the positions would staff a new facility making components for quantum computers, an emerging technology expected to increase computing power and speed exponentially and transform the global economy as well as society as a whole.

The jobs would carry an average annual wage of $103,329, below the wages other technology employers seeking incentives from the state have provided, but above the average annual wage of any Colorado county. Hadwiger said the company is also considering Illinois, Ohio and New York for the new plant and headquarters.

Quantum computing is going to be as important to the next 30 years of technology as the internet was to the past 30 years, said the companys CEO, who only provided his first name Corban.

He added that he loves Colorado and doesnt want to see it surpassed by states like Washington, New York and Illinois in the transformative field.

If we are smart about it, and that means doing something above and beyond, we can win this race. It will require careful coordination at the state and local levels. We need to do something more and different, he said.

The EDC also approved $2.55 million in job growth incentive tax credits and $295,000 in Location Neutral Employment Incentives for Nextworld, a growing cloud-based enterprise software company based in Greenwood Village. The funds are linked to the creation of 306 additional jobs, including 59 located in more remote parts of the state.

But in a rare case of dissent, Nextworlds CEO Kylee McVaney asked the commission to go against staff recommendations and provide a larger incentive package.

McVaney, daughter of legendary Denver tech entrepreneur Ed McVaney, said the companys lease is about to expire in Greenwood Village and most employees would prefer to continue working remotely. The company could save substantial money by not renewing its lease and relocating its headquarters to Florida, which doesnt have an income tax.

We could go sign a seven-year lease and stay in Colorado or we can try this new grand experiment and save $11 million, she said.

Hadwiger insisted that the award, which averages out to $9,500 per job created, was in line with the amount offered to other technology firms since the Colorado legislature tightened the amount the office could provide companies.

But McVaney said the historical average award per employee was closer to $18,000 and the median is $16,000 and that Colorado was not competitive with Florida given that states more favorable tax structure.

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Colorado makes a bid for quantum computing hardware plant that would bring more than 700 jobs - The Denver Post

In 2012, the quantum physicist John Preskill wrote, We hope to hasten the day when well controlled quantum systems can perform tasks surpassing what can be done in the classical world. Less than a decade later, two quantum computing systems have met that mark: Googles Sycamore, and the University of Science and Technology of Chinas Jizhng. Both solved narrowly designed problems that are, so far as we know, impossible for classical computers to solve quickly. How quickly? How impossible? To solve a problem that took Jizhng 200 seconds, even the fastest supercomputers are estimated to take at least two billion years.

Describing what then may have seemed a far-off goal, Preskill gave it a name: quantum supremacy. In a blog post at the time, he explained Im not completely happy with this term, and would be glad if readers could suggest something better.

Were not happy with it either, and we believe that the physics community should be more careful with its language, for both social and scientific reasons. Even in the abstruse realms of matter and energy, language matters because physics is done by people.

The word supremacyhaving more power, authority or status than anyone elseis closely linked to white supremacy. This isnt supposition; its fact. The Corpus of Contemporary American English finds white supremacy is 15 times more frequent than the next most commonly used two-word phrase, judicial supremacy. Though English is the global lingua franca of science, it is notable that the USTC team avoided quantum supremacy because in Chinese, the character meaning supremacy also has uncomfortable, negative connotations. The problem is not confined merely to English.

White supremacist movements have grown around the globe in recent years, especially in the United States, partly as a racist backlash to the Black Lives Matter movement. As Preskill has recently acknowledged, the word unavoidably evokes a repugnant political stance.

Quantum supremacy has also become a buzzword in popular media (for example, here and here). Its suggestion of domination may have contributed to unjustified hype, such as the idea that quantum computers will soon make classical computers obsolete. Tamer alternatives such as quantum advantage, quantum computational supremacy and even quantum ascendancy have been proposed, but none have managed to supplant Preskills original term. More jargony proposals like Noisy Intermediate Scale Quantum computing (NISQ) and tongue-in-cheek suggestions like quantum non-uselessness have similarly failed to displace supremacy.

Here, we propose an alternative we believe succinctly captures the scientific implications with less hype andcruciallyno association with racism: quantum primacy.

Whats in a name? Its not just that quantum supremacy by any other name would smell sweeter. By making the case for quantum primacy we hope to illustrate some of the social and scientific issues at hand. In President Joe Bidens letter to his science adviser, the biologist Eric Lander, he asks How can we ensure that Americans of all backgrounds are drawn into both the creation and the rewards of science and technology? One small change can be in the language we use. GitHub, for example, abandoned the odious master/slave terminology after pressure from activists.

Were physics, computer science and engineering more diverse, perhaps we would not still be having this discussion, which one of us wrote about four years ago. But in the U.S., when only 2 percent of bachelors degrees in physics are awarded to Black students, when Latinos comprise less than 7 percent of engineers, and women account for a mere 12 percent of full professors in physics, this is a conversation that needs to happen. As things stand, quantum supremacy can come across as adding insult to injury.

The nature of quantum computing, and its broad interest to the public outside of industry laboratories and academia means that the debate around quantum supremacy was inevitably going to be included in the broader culture war.

In 2019, a short correspondence to Nature argued that the quantum computing community should adopt different terminology to avoid overtones of violence, neocolonialism and racism. Within days, the dispute was picked up by the conservative editorial pages of the Wall Street Journal, which attacked quantum wokeness and suggested that changing the term would be a slippery slope all the way down to cancelling Diana Ross The Supremes.

The linguist Steven Pinker weighed in to argue that the prissy banning of words by academics should be resisted. It dumbs down understanding of language: word meanings are conventions, not spells with magical powers, and all words have multiple senses, which are distinguished in context. Also, it makes academia a laughingstock, tars the innocent, and does nothing to combat actual racism & sexism.

It is true that supremacy is not a magic word, that its meaning comes from convention, not conjurers. But the context of quantum supremacy, which Pinker neglects, is that of a historically white, male-dominated discipline. Acknowledging this by seeking better language is a basic effort to be polite, not prissy.

Perhaps the most compelling argument raised in favor of quantum supremacy is that it could function to reclaim the word. Were quantum supremacy 15 times more common than white supremacy, the shoe would be on the other foot. Arguments for reclamation, however, must account for who is doing the reclaiming. If the charge to take back quantum supremacy were led by Black scientists and other underrepresented minorities in physics, that would be one thing. No survey exists, but anecdotal evidence suggests this is decidedly not the case.

To replace supremacy, we need to have a thoughtful conversation. Not any alternative will do, and there is genuinely tricky science at stake. Consider the implications of quantum advantage. An advantage might be a stepladder that makes it easier to reach a high shelf, or a small head start in a race. Some quantum algorithms are like this. Grovers search algorithm is only quadratically faster than its classical counterpart, so a quantum computer running Grovers algorithm might solve a problem that took classical computers 100 minutes in the square root of that time10 minutes. Not bad! Thats definitely an advantage, especially as runtimes get longer, but it doesnt compare to some quantum speedups.

Perhaps the most famous quantum speedup comes from Shor's algorithm, which can find the factors of numbers (e.g. 5 and 3 are factors of 15) almost exponentially faster than the best classical algorithms. While classical computers are fine with small numbers, every digit takes a toll. For example, a classical computer might factor a 100-digit number in seconds, but a 1000-digit number would take billions of years. A quantum computer running Shor's algorithm could do it in an hour.

When quantum computers can effectively do things that are impossible for classical computers, they have something much more than an advantage. We believe primacy captures much of this meaning. Primacy means preeminent position or the condition of being first. Additionally, it shares a Latin root (primus, or first) with mathematical terms such as prime and primality.

While quantum computers may be first to solve a specific problem, that does not imply they will dominate; we hope quantum primacy helps avoid the insinuation that classical computers will be obsolete. This is especially important because quantum primacy is a moving target. Classical computers and classical algorithms can and do improve, so quantum computers will have to get bigger and better to stay ahead.

These kinds of linguistic hotfixes do not reach even a bare minimum for diversifying science; the most important work involves hiring and retention and actual material changes to the scientific community to make it less white and male. But if opposition to improving the language of science is any indication about broader obstacles to diversifying it, this is a conversation we must have.

Physicists may prefer vacuums for calculation, but science does not occur in one. It is situated in the broader social and political landscape, one which both shapes and is shaped by the decisions of researchers.

This is an opinion and analysis article.

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Physicists Need to Be More Careful with How They Name Things - Scientific American

DUBLIN, Feb. 16, 2021 /PRNewswire/ -- The "Global Quantum Computing Market with COVID-19 Impact Analysis by Offering (Systems, Services), Deployment (On Premises, Cloud-based), Application, Technology, End-use Industry and Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

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%.

The early adoption of quantum computing in the banking and finance sector is expected to fuel the growth of the market globally. 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.

Several companies are focusing on the adoption of QCaaS post-COVID-19. This, in turn, is expected to contribute to the growth of the quantum computing market. However, stability and error correction issues is expected to restrain the growth of the market.

Services segment is attributed to hold the largest share of the Quantum Computing market

The growth of services segment can be attributed to the increasing number of startups across the world that are investing in research and development activities related to quantum computing technology. This technology is used in optimization, simulation, and machine learning applications, thereby leading to optimum utilization costs and highly efficient operations in various end-use industries.

Cloud-based deployment to witness the highest growth in Quantum Computing market in coming years

With the development of highly powerful systems, the demand for cloud-based deployment of quantum computing systems and services is expected to increase. This, in turn, is expected to result in a significant revenue source for service providers, with users paying for access to noisy intermediate-scale quantum (NISQ) systems that can solve real-world problems. The limited lifespan of rapidly advancing quantum computing systems also favors cloud service providers. The flexibility of access offered to users is another factor fueling the adoption of cloud-based deployment of quantum computing systems and services. For the foreseeable future, quantum computers are expected not to be portable. Cloud can provide users with access to different devices and simulators from their laptops.

Optimization accounted for a major share of the overall Quantum Computing market

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. Networked Quantum Information Technologies Hub (NQIT) is expanding to incorporate optimization solutions for resolving problems faced by the practical applications of quantum computing technology.

Trapped ions segment to witness highest CAGR of Quantum Computing market during the forecast period

The trapped ions segment of the market is projected to grow at the highest CAGR during the forecast period as quantum computing systems based on trapped ions offer more stability and better connectivity than quantum computing systems based on other technologies. IonQ, Alpine Quantum Technologies, and Honeywell are a few companies that use trapped ions technology in their quantum computing systems.

Banking and finance is attributed to hold major share of Quantum Computing market during the forecast period

In the banking and finance end-use industry, quantum computing is used for risk modeling and trading applications. It is also used to detect the market instabilities by identifying stock market risks and optimize the trading trajectories, portfolios, and asset pricing and hedging. As the financial sector is difficult to understand; the quantum computing approach is expected to help users understand the complexities of the banking and finance end-use industry. Moreover, it can help traders by suggesting them solutions to overcome financial challenges.

APAC to witness highest growth of Quantum Computing market during the forecast period

APAC region is a leading hub for several industries, including healthcare and pharmaceuticals, banking and finance, and chemicals. Countries such as China, Japan, and South Korea are the leading manufacturers of consumer electronics, including smartphones, laptops, and gaming consoles, in APAC. There is a requirement to resolve complications in optimization, simulation, and machine learning applications across these industries. The large-scale development witnessed by emerging economies of APAC and the increased use of advanced technologies in the manufacturing sector are contributing to the development of large and medium enterprises in the region. This, in turn, is fueling the demand for quantum computing services and systems in APAC.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights4.1 Attractive Opportunities in Quantum Computing Market4.2 Market, by Offering4.3 Market, by Deployment4.4 Market in APAC, by Application and Country4.5 Market, by Technology4.6 Quantum Computing Market, by End-use Industry4.7 Market, by Region

5 Market Overview5.1 Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 Early Adoption of Quantum Computing in Banking and Finance Industry5.2.1.2 Rise in Investments in Quantum Computing Technology5.2.1.3 Surge in Number of Strategic Partnerships and Collaborations to Carry Out Advancements in Quantum Computing Technology5.2.2 Restraints5.2.2.1 Stability and Error Correction Issues5.2.3 Opportunities5.2.3.1 Technological Advancements in Quantum Computing5.2.3.2 Surge in Adoption of Quantum Computing Technology for Drug Discovery5.2.4 Challenges5.2.4.1 Dearth of Highly Skilled Professionals5.2.4.2 Physical Challenges Related to Use of Quantum Computers5.3 Value Chain Analysis5.4 Ecosystem5.5 Porter's Five Forces Analysis5.6 Pricing Analysis5.7 Impact of COVID-19 on Quantum Computing Market5.7.1 Pre-COVID-195.7.2 Post-COVID-195.8 Trade Analysis5.9 Tariff and Regulatory Standards5.9.1 Regulatory Standards5.9.1.1 P1913 - Software-Defined Quantum Communication5.9.1.2 P7130 - Standard for Quantum Technologies Definitions5.9.1.3 P7131 - Standard for Quantum Computing Performance Metrics and Benchmarking5.10 Technology Analysis5.11 Patent Analysis5.12 Case Studies

6 Quantum Computing Market, by Offering6.1 Introduction6.2 Systems6.2.1 Deployment of on Premises Quantum Computers at Sites of Clients6.3 Services6.3.1 Quantum Computing as a Service (QCaaS)6.3.1.1 Risen Number of Companies Offering QCaaS Owing to Increasing Demand for Cloud-Based Systems and Services6.3.2 Consulting Services6.3.2.1 Consulting Services Provide Customized Roadmaps to Clients to Help Them in Adoption of Quantum Computing Technology

7 Quantum Computing Market, by Deployment7.1 Introduction7.2 on Premises7.2.1 Deployment of on Premises Quantum Computers by Organizations to Ensure Data Security7.3 Cloud-based7.3.1 High Costs and Deep Complexity of Quantum Computing Systems and Services Drive Enterprises Toward Cloud Deployments

8 Quantum Computing Market, by Application8.1 Introduction8.2 Optimization8.2.1 Optimization Using Quantum Computing Technology Resolves Problems in Real-World Settings8.3 Machine Learning8.3.1 Risen Use of Machine Learning in Various End-use Industries8.4 Simulation8.4.1 Simulation Helps Scientists Gain Improved Understanding of Molecule and Sub-Molecule Level Interactions8.5 Others

9 Quantum Computing Market, by Technology9.1 Introduction9.2 Superconducting Qubits9.2.1 Existence of Superconducting Qubits in Series of Quantized Energy States9.3 Trapped Ions9.3.1 Surged Use of Trapped Ions Technology in Quantum Computers9.4 Quantum Annealing9.4.1 Risen Use of Quantum Annealing Technology for Solving Optimization Problems in Enterprises9.5 Others (Topological and Photonic)

10 Quantum Computing Market, by End-use Industry10.1 Introduction10.2 Space and Defense10.2.1 Risen Use of Quantum Computing in Space and Defense Industry to Perform Multiple Operations Simultaneously10.3 Banking and Finance10.3.1 Simulation Offers Assistance for Investment Risk Analysis and Decision-Making Process in Banking and Finance Industry10.4 Healthcare and Pharmaceuticals10.4.1 Surged Demand for Robust and Agile Computing Technology for Drug Simulation in Efficient and Timely Manner10.5 Energy and Power10.5.1 Increased Requirement to Develop New Energy Sources and Optimize Energy Delivery Process10.6 Chemicals10.6.1 Establishment of North America and Europe as Lucrative Markets for Chemicals10.7 Transportation and Logistics10.7.1 Surged Use of Quantum-Inspired Approaches to Optimize Traffic Flow10.8 Government10.8.1 Increased Number of Opportunities to Use Quantum Computing to Solve Practical Problems of Climate Change, Traffic Management, Etc.10.9 Academia10.9.1 Risen Number of Integrated Fundamental Quantum Information Science Research Activities to Fuel Market Growth

11 Geographic Analysis11.1 Introduction11.2 North America11.3 Europe11.4 APAC11.5 RoW

12 Competitive Landscape12.1 Introduction12.2 Revenue Analysis of Top Players12.3 Market Share Analysis, 201912.4 Ranking Analysis of Key Players in Market12.5 Company Evaluation Quadrant12.5.1 Quantum Computing Market12.5.1.1 Star12.5.1.2 Emerging Leader12.5.1.3 Pervasive12.5.1.4 Participant12.5.2 Startup/SME Evaluation Matrix12.5.2.1 Progressive Company12.5.2.2 Responsive Company12.5.2.3 Dynamic Company12.5.2.4 Starting Block12.6 Competitive Scenario12.7 Competitive Situations and Trends12.7.1 Other Strategies

13 Company Profiles13.1 Key Players13.1.1 International Business Machines (IBM)13.1.2 D-Wave Systems13.1.3 Microsoft13.1.4 Amazon13.1.5 Rigetti Computing13.1.6 Google13.1.7 Intel13.1.8 Toshiba13.1.9 Honeywell International13.1.10 QC Ware13.1.11 1QB Information Technologies13.1.12 Cambridge Quantum Computing13.20 Other Companies13.2.1 Huawei Technologies13.2.2 Bosch13.2.3 NEC13.2.4 Hewlett Packard Enterprise (HP)13.2.5 Nippon Telegraph and Telephone Corporation (NTT)13.2.6 Hitachi13.2.7 Northrop Grumman13.2.8 Accenture13.2.9 Fujitsu13.2.10 Quantica Computacao13.2.11 Zapata Computing13.2.12 Xanadu13.2.13 IonQ13.2.14 Riverlane13.2.15 Quantum Circuits13.2.16 EvolutionQ13.2.17 ABDProf13.2.18 Anyon Systems

14 Appendix14.1 Discussion Guide14.2 Knowledge Store: The Subscription Portal14.3 Available Customizations

For more information about this report visit https://www.researchandmarkets.com/r/8pglda

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

Technology changes at a breakneck pace, and to be of any use, the security we rely on to protect that technology must change alongside it.

Cybersecurity solutions, in particular, must keep up with the evolving needs of hybrid enterprise networks that connect an ever-expanding mesh of cloud devices, on-prem legacy hardware and everything in between.

The next cybersecurity challenge lies with the advances in quantum computing that are set to revolutionize tech while simultaneously equipping threat actors with a new arsenal of cyberweapons.

The fourth industrial revolution is upon us. Its a bold claim are we really about to usher in an era as potentially impactful as the steam engine, the age of science and mass production and the initial rise of digital technology?

Well, yes. According to several high-profile industry experts who spoke at the Consumer Electronics Show (CES) 2021, advances in artificial intelligence (AI) and quantum computing are set to fundamentally change the way the world engages with technology.

As an emerging concept, the high-level technology industry has yet to arrive at a fully-consistent definition, but widespread consensus points to a focus on several key elements. The fourth industrial revolution will be marked by fundamental advances and interconnectivity between fields like:

Tying them all together is quantum computing, which we can define aswell, its not particularly simple to explain quantum computing for most of us. Even MIT, while trying to explain it like were five years old, refers to quantum computing as technology that harnesses some of the almost-mystical phenomena of quantum mechanics.

Still, its good to develop a high-level understanding so that we can view the impact on cybersecurity within a more informed context. The MIT explainer referenced above offers a relatively-accessible introduction, as does this Microsoft Azure guide. Without diving deep into a course on qubits, superposition and entanglement, however, we can also gain insight by considering how enterprises are already using quantum computing.

Volkswagen and Daimler, for example, are using quantum supercomputers to improve electric vehicle batteries based on chemical simulations. Simulating, at a molecular level, the behavior of matter is one way we will fundamentally change our approach to problem-solving in the age of quantum computing.

Quantum computing is based on technology weve yet to fully harness. However, the same constant remains true when it comes to bad actors: whatever the good guys understand about quantum computing, the bad guys do, too.

Unfortunately, there will always be an army of cyber criminals standing by, ready to apply their knowledge and talents to nefarious activity. Its safe to say that vulnerabilities will plague quantum systems just as theyve plagued every other next generation system.

In order for cybersecurity solutions to adequately guard quantum networks, they will need to address several key factors:

While each of these issues will require specific high-level and granular solutions, networks equipped with true self-learning AI capabilities will fare better when monitoring network activity, even as it occurs at whirlwind, quantum speeds.

MixModes predictive, proactive, efficient AI gives organizations a fighting chance at combating modern actors. Rules-based approaches are doomed to fail against cyberthreats in the quantum space.

On one level, its a simple matter of speed. The systems of tomorrow (and many of the systems of today) will move too quickly for modern SOCs to keep their security platforms up-to-date. Context-aware AI must live within enterprise systems in order to detect anomalies as they occur in such rapidly changing environments.

MixMode is ready to face quantum threats by thriving within quantum networks. MixMode is data- and feed-agnostic it can operate effectively and independently regardless of data format and type.

As systems rapidly expand and scale to allow for the increased data inputs organizations will need to monitor. For example, we can expect an influx of 5G-enabled IoT sensors and increased remote connections among a workforce forever changed by the 2020 pandemic.

Because MixModes third-wave, self-supervised AI doesnt need constant babysitting or continual rules-tweaking, the platform will protect quantum systems with an approach proven to identify threats and anomalies in network traffic, log systems, API, time-series, cloud data, and beyond.

Learn more about MixMode and set up a demo today.

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Read the rest here:
The Fourth Industrial Revolution AI, Quantum, and IoT Impacts on Cybersecurity - Security Boulevard

When Zak Romaszko finished his physics degree at the University of Liverpool, a PhD in computing was his obvious next step. I have always been fascinated with computers, says the 27-year-old. I broke my dads PC when I was younger and he was away in the forces, so I had to fix it myself. His interest grew from there, but Romaszkos choice of focus for his research isnt just any type of computing but the cutting-edge quantum variety.

Thought by many to be the next step in the field, and key to solving complex problems in a manageable amount of time, quantum computers use quantum bits rather than the regular bits used by standard computers.

It will be able to solve problems that might take computers millions and billions of years in timescales that are more realistic to humans, says Romaszko. It seemed to be that this would be the way forward in how big calculations would be done in the future.

He found an opportunity to undertake a PhD at the University of Sussex with Prof Winfried Hensinger a subject expert linked to making an ion trap quantum computer, the next step in the computers of the future. Romaszko, who is from Barnoldswick in Lancashire, spent four years on the project as part of the universitys Ion Quantum Technology group, graduating in June 2020. He has now joined a spin-off company founded by Hensinger called Universal Quantum, which is looking to commercialise the technology to make a large-scale quantum computer.

My PhD focused on how we would scale this technology from the level we are at now and get to the point where we need to be to make a truly useful quantum computer, he says.

It sounds like science fiction but Romaszko explains that quantum computers could hold the key to solving some major issues in our world today. People are looking into things like simulation of chemicals and materials and understanding how medicines interact within the body and AI applications, he says.

While it may be difficult to grasp the scale of the computing power at work in the quantum, Romaszko is thrilled to be pushing the boundaries. With a PhD youre basically learning about a field and a very narrow area of science that you just plan to push out a little bit further and expand human knowledge. Its really exciting.

Read more:
Experience: With a PhD, the plan is to expand human knowledge - The Guardian

The UK is now facing a huge challenge: after having secured a top spot in the quantum race, retaining the country's status is going to require some serious stepping up.

National quantum programs and decade-long quantum strategies are increasingly being announced by governments around the world. And as countries unlock billions-worth of budgets, it is becoming clear that a furious competition is gradually unrolling. Nations want to make sure that they are the place-to-be when quantum technologies start showing some real-world value and the UK, for one, is keen to prove that it is a quantum hotspot in the making.

"We have a very successful program that is widely admired and emulated around the world," said Peter Knight, who sits on the strategic advisory for the UK's national quantum technology program (NQTP), as he provided a virtual update on the NQTP's performance so far.

Speaking at an online conference last month, Knight seemed confident. The UK, said the expert, in line with the objectives laid out in the program, is on track to become "the go-to place" for new quantum companies to start, and for established businesses to base all manners of innovative quantum activities.

SEE: Hiring Kit: Computer Hardware Engineer (TechRepublic Premium)

The UK is just over halfway through the NQTP, which saw its second five-year phase kick off at the end of 2019, and at the same timehit an impressive milestone of 1 billion ($1.37 billion) combined investment. This, the government claims, is letting the UK keep pace with competitors who are also taking interest in quantum namely, the US and China.

There is no doubt that the country has made strides in the field of quantum since the start of the NQTP. New ground-breaking research papers are popping up on a regular basis, and so are news reports of rounds of funding from promising quantum startups.

But with still just under half of the national quantum program to carry out, and despite the huge sums already invested, the UK is now facing a bigger challenge yet: after having chased a top spot in the quantum race, retaining the country's status in the face of ferocious competition is going to require some serious stepping up.

Clearly playing in favor of the UK is the country's early involvement in the field. The NQTP was announced as early as 2013, and started operating in 2014, with an initial 270 million ($370 million) budget. The vision laid out in the program includes creating a "quantum-enabled economy", in which the technology would significantly contribute to the UK's economy and attract both strong investment and global talent.

"The national program was one of the first to kick off," Andrew Fearnside, senior associate specializing in quantum technologies at intellectual property firm Mewburn Ellis, tells ZDNet. "There are increasingly more national programs emerging in other countries, but they are a good few years behind us. The fact that there has been this sustained and productive long-term government initiative is definitely attractive."

The EU's Quantum Technologies Flagship, in effect,only launched in 2018; some countries within the bloc,like France, started their own quantum roadmaps on top of the European initiative even later. Similarly, the National Quantum Initiative Act wassigned into law by the Trump administration but that was also in 2018, years into the UK's national quantum technology program.

Since it launched in 2014, there has been abundant evidence of the academic successes of the initial phase of the NQTP. In Birmingham, the Quantum Sensing Hub is developing new types of quantum-based magnetic sensors that could help diagnose brain and heart conditions, while the Quantum Metrology Institute leads the development of quantum atomic clocks. There are up to 160 research groups and universities registered across the UK withprograms that are linked to quantum technologies, working on projects ranging from the design of quantum algorithms to the creation of new standards and verification methods.

A much harder challenge, however, is to transform this strong scientific foundation into business value and as soon as the UK government announced the second phase of the NQTP at the end of 2019,a clear messageemerged: quantum technology needed to come out of the lab, thanks to increased private sector investment that would accelerate commercialization.

Some key initiatives followed. A national quantum computing center was established for academics to work alongside commercial partners such as financial services company Standard Chartered, "possibly with an eye on financial optimization problems," notes Fearnside, given the business'established interest in leveraging quantum technologies. A 10 million ($13 million) "Discovery" program alsolaunched a few months ago, bringing together five quantum computing companies, three universities and the UK's national physical laboratory all for the purpose of making quantum work for businesses.

The government's efforts have been, to an extent, rewarded. The quantum startup ecosystem is thriving in the UK, with companies like Riverlane or Cambridge Quantum Computing completing strong rounds of private financing. In total, up to 204 quantum-related businesses have been listed so far in the country.

But despite these encouraging results, the UK is still faced with a big problem. Bringing university-born innovation to the real worldhas always been a national challenge, and quantum is no exception. A 2018 report from the Science and Technology committee, in fact,gave an early warning of the stumbling blocksthat the NQTP might run into, and stressed the need for improved awareness across industry of the potential of quantum technologies.

The committee urged the government to start conveying the near-term benefits that quantum could provide to businesses something that according to the report, CEOs and company chairs in North America worryingly seem to realize a whole lot better.

It's been three years since the report was published, and things haven't changed much. Speaking at the same forum as the NQTP's Peter Knight, Ian West, a partner at consultancy firm KPMG, said that there remained a huge barrier to the widespread take-up of quantum technologies in the UK. "Some of our clients feel they don't understand the technology, or feel it's one for the academics only," he argued.

"We need that demand from businesses who will be the ultimate users of quantum technologies, to encourage more investment," West added. "We need to do much more to explain the near-term and medium-term use cases for business applications of quantum technologies."

SEE: BMW explores quantum computing to boost supply chain efficiencies

Without sufficient understanding of the technology, funding problems inevitably come. The difficulty of securing private money for quantum stands in stark contrast to the situation across the Atlantic, where investors have historically done a better job of spotting and growing successful technology companies. Add the deep pockets of tech giants such as Google, IBM or Microsoft, which are all pouring money into quantum research, and it is easy to see why North America might have better prospects when it comes to winning the quantum game.

In the worst of cases, this has led to US technology hubs hoovering up some of the best quantum brains in the UK. In 2019, for example, PsiQ, a promising startup that was founded at the University of Bristol with the objective of producing a commercial quantum computer, re-located to Silicon Valley. The movewas reported to be partly motivated by a lack of access to capital in Europe. It was a smart decision: according to the company's latest update, PsiQ hasnow raised $215 million (156 million) in VC funding.

Pointing to the example of PsiQ, Simon King, partner and deep tech investor at VC firm Octopus Ventures, explains that to compete against the US, the UK needs to up its game when it comes to assessing the startups that show promise, and making sure that they are injected with adequate cash.

"The US remains the biggest competitor, with a big concentration of universities and academics and the pedigree and culture of commercializing university research," King tells ZDNet. "Things are definitely moving in the right direction, but the UK and Europe still lag behind the US, where there is a deeper pool of capital and there are more investors willing to invest in game-changing, but long-term technology like quantum."

US-based private investors are only likely to increase funding for the quantum ecosystem in the coming years, and significant amounts of public money will be backing the technology too. The National Quantum Initiative Act that was signed in 2018 came with $1.2 billion (870 million) to be invested in quantum information science over the next five years; as more quantum companies flourish, the budget can be expected to expand even further.

Competition will be coming from other parts of the world as well. In addition to the European Commission's 1 billion ($1.20 billion) quantum flagship, EU countries are also spending liberally on the technology. Germany, in particular, has launched a 2 billion ($2.4 billion) funding program for the promotion of quantum technologies in the country, surpassing by far many of its competitors; but France, the Netherlands, and Switzerland are all increasingly trying to establish themselves as hubs for quantum startups and researchers.

SEE: Less is more: IBM achieves quantum computing simulation for new materials with fewer qubits

Little data is available to measure the scope of the commercialization of quantum technology in China, but the country has made no secret of its desire to secure a spot in the quantum race, too. The Chinese government has ramped up its spending on research and development, and the impact of that investment has already shown in the countryachieving some significant scientific breakthroughs in the field.

In the midst of this ever-more competitive landscape, whether the UK can effectively distinguish itself as the "go-to place" for quantum technologies remains to be seen. One thing is for certain: the country has laid some very strong groundwork to compete. "The UK has some genuinely world-class universities with some really brilliant academics, so while the objective is certainly ambitious, it's not out of the question," argues King.

But even top-notch researchers and some of the most exciting quantum startups might not cut it. The UK has positioned itself well from an early stage in the quantum race, but becoming a frontrunner was only one part of the job. Preserving the country's position for the coming years might prove to be the hardest challenge yet.

See more here:
The global quantum computing race has begun. What will it take to win it? - ZDNet

The early adoption of quantum computing in the banking and finance sector is expected to fuel the growth of the market globally. 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.

New York, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Quantum Computing Market with COVID-19 impact by Offering, Deployment, Application, Technology, End-use Industry and Region - Global Forecast to 2026" - https://www.reportlinker.com/p05064748/?utm_source=GNW Several companies are focusing on the adoption of QCaaS post-COVID-19. This, in turn, is expected to contribute to the growth of the quantum computing market. However, stability and error correction issues is expected to restrain the growth of the market.

Services segment is attributed to hold the largest share of the Quantum Computing marketThe growth of services segment can be attributed to the increasing number of startups across the world that are investing in research and development activities related to quantum computing technology. This technology is used in optimization, simulation, and machine learning applications, thereby leading to optimum utilization costs and highly efficient operations in various end-use industries.

Cloud based deployment to witness the highest growth in Quantum Computing market in coming yearsWith the development of highly powerful systems, the demand for cloud-based deployment of quantum computing systems and services is expected to increase.This, in turn, is expected to result in a significant revenue source for service providers, with users paying for access to noisy intermediate-scale quantum (NISQ) systems that can solve real-world problems.

The limited lifespan of rapidly advancing quantum computing systems also favors cloud service providers.The flexibility of access offered to users is another factor fueling the adoption of cloud-based deployment of quantum computing systems and services.

For the foreseeable future, quantum computers are expected not to be portable. Cloud can provide users with access to different devices and simulators from their laptops.

Optimization accounted for a major share of the overall Quantum Computing marketOptimization 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.

Networked Quantum Information Technologies Hub (NQIT) is expanding to incorporate optimization solutions for resolving problems faced by the practical applications of quantum computing technology.

Trapped ions segment to witness highest CAGR of Quantum Computing market during the forecast periodThe trapped ions segment of the market is projected to grow at the highest CAGR during the forecast period as quantum computing systems based on trapped ions offer more stability and better connectivity than quantum computing systems based on other technologies. IonQ, Alpine Quantum Technologies, and Honeywell are a few companies that use trapped ions technology in their quantum computing systems.

Banking and finance is attributed to hold major share of Quantum Computing market during the forecast periodIn the banking and finance end-use industry, quantum computing is used for risk modeling and trading applications.It is also used to detect the market instabilities by identifying stock market risks and optimize the trading trajectories, portfolios, and asset pricing and hedging.

As the financial sector is difficult to understand; the quantum computing approach is expected to help users understand the complexities of the banking and finance end-use industry. Moreover, it can help traders by suggesting them solutions to overcome financial challenges.

APAC to witness highest growth of Quantum Computing market during the forecast periodAPAC region is a leading hub for several industries, including healthcare and pharmaceuticals, banking and finance, and chemicals.Countries such as China, Japan, and South Korea are the leading manufacturers of consumer electronics, including smartphones, laptops, and gaming consoles, in APAC.

There is a requirement to resolve complications in optimization, simulation, and machine learning applications across these industries.The large-scale development witnessed by emerging economies of APAC and the increased use of advanced technologies in the manufacturing sector are contributing to the development of large and medium enterprises in the region.

This, in turn, is fueling the demand for quantum computing services and systems in APAC.In APAC, the investments look promising, as most countries such as China, Japan, and South Korea have successfully contained the virus compared with the US and European countries.China is easing the restrictions placed on factory lockdowns and worker movement.

Despite being the epicenter of COVID-19, China has maintained its dominant position as a global network leader.

The break-up of primary participants for the report has been shown below: By Company Type: Tier 1 - 18%, Tier 2 - 22%, and Tier 3 - 60% By Designation: C-level Executives - 21%, Manager Level - 35%, and Others - 44% By Region: North America - 45%, Europe - 38%, APAC - 12%, and RoW - 5%

The Quantum Computing market was dominated by International Business Machines (US), D-Wave Systems (Canada), Microsoft (US), Amazon (US), and Rigetti Computing (US).

Research Coverage:This research report categorizes the Quantum Computing based on offering, deployment, application, technology, end-use industry and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the Quantum Computing market and forecasts the same till 2026.

Key Benefits of Buying the Report

The report would help leaders/new entrants in this market in the following ways:1. This report segments the Quantum Computing market comprehensively and provides the closest market size projection for all subsegments across different regions.2. The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth.3. This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes product launches and developments, partnerships, and collaborations.4. This report would help understand the pre and post-COVID-19 scenarios as to how would the penetration of quantum computing will look like for the forecast period. The region segment includes the country wise impact analysis of COVID-19 and initiatives taken to overcome these impacts.

Read the full report: https://www.reportlinker.com/p05064748/?utm_source=GNW

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The 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% - Yahoo Finance