The quantum sector faces a perfect storm of depressed tech markets, lengthening timelines to revenue and unwinding hype. The sector’s long-term potential remains unbound, but startups, investors and governments face a period of challenge. With challenge comes opportunity.
A short report has placed a spotlight on IonQ, a quantum computing champion. This should not deflect long term interest in this or other quantum technologies.
The need for migration to quantum safe cryptography is looming large on corporate radars. BT & Toshiba have launched a 3-year commercial trial of quantum secured communication services in London.
Understanding the quantum technology value chain allows us to appreciate the connections underpinning the wider sector. It helps us to assess potential roadblocks to business value. It lets us evaluate business case and startup investments in the context of what share of the prize they can potentially address, and how that may evolve over time.
2022 will be a test for the herd of quantum unicorns that has now formed. Which way will the market turn? Expectations on when new algorithms and software will be able to delivery genuine quantum advantage differ widely. The long term importance of the Quantum Internet as a destination for the sector is increasingly clear.…
IBM continues to lead the quantum cloud, but faces real competition to service early quantum applications. Building the future of this market still looks like a long game. It may be more important to pick a partner with the right strategy than just to compare today’s product features.
In contrast to the hype, the early applications of quantum computers look modest. But they do exist. The talented teams developing quantum algorithms still have a fight on their hands to bring forward the date of true broad quantum advantage. What might be achieved and when?
The world needs better cyber security, more so now than ever because of the current threat posed by future quantum computers. A wealth of new techniques are emerging to meet the diverse needs of users. However, to fully appreciate the emerging competitive dynamics and government actions in this sector, we also have to understand the long-term technological revolution that many believe will one day lead to the creation of the Quantum Internet.
Big ticket investments have created a growing number of quantum unicorns. Chinese strides with photonic and superconducting qubits have grabbed attention. Trapped ions have shone with demonstrations of logical qubits. But who is winning the race to build a practical quantum computer?
Simulating other quantum systems was the founding idea behind quantum computing, and in many eyes is still its number one killer app. Even without the maths, it helps to understand some of the jargon used in this process.