Quick Quantum Quips: Cloud players are now looking for a piece of the quantum pie

The quantum market changes rapidly, and the hype can often distract from the realities of the technological developments. In our new monthly newsletter, Quick Quantum Quips (Q3), TBR will brief readers on the latest market announcements, stripping that hype to dig deeper into how recent events will impact the market as a whole. To schedule a time to chat with Analyst Stephanie Long about any of the insights below, contact her at stephanie.long@tbri.com.

DECEMBER 2019 DEVELOPMENTS:

  • D-Waveunveiled a partnership with NEC to bring hybrid quantum computing capabilities to market. Simply put, this partnership merges D-Wave quantum capabilities with NEC’s classical computing portfolio. On a deeper level, it provides D-Wave with a $10 million investment by NEC and access to the Japanese market, while NEC can provide its domestic market of Japan with a local alternative to quantum offerings similar to those of Fujitsu.
  • IBM announced the public availability of a quantum system allowing for pulse access, which is unique because it provides users with increased control compared to more traditional gate-level control. This development is in conjunction with a new version of Qiskit, and IBM Quantum Experience members have public access to this new capability. Pulse access provides users with an in-person feel to their quantum computing experience. Because of the delicate and expensive nature of quantum systems, they are currently available only via the cloud.
  • Amazon Web Services (AWS), in response to Microsoft Azure Quantum, unveiled Amazon Braket (currently only a preview of the offering), which is Amazon’s initial attempt to turn quantum computing into an easily accessible cloud service. Currently, only AWS corporate accounts will have access to the service, and access will be granted to systems from AWS partners D-Wave, Rigetti and IonQ. Like offerings from IBM and Microsoft, this cloud offering will provide a hybrid computing model for customers that will provide choice of underlying quantum architectures abstracted from the software programming. Innovations at the hardware level will not impede the ongoing software development or hedge customers’ and cloud providers’ bets on the technology.
  • Russia entered the quantum arms race this month, as Deputy Prime Minister Maxim Akimov announced that Russia will invest $790 million into basic and applied quantum research over the next five years. The primary goal is for the country to build its own working quantum computer, with secondary goals of developing algorithms to run on this system to mine databases and create highly secure communication networks. The country is behind major players China and the U.S. in terms of the number of government initiatives that it has made public, but TBR believes Russia has likely been investing in the technology prior to making this announcement. Still, this is the first major public quantum announcement by Russia to date.
  • Accenture opened a NanoLab in Colombia designed to provide local Accenture customers with access to emerging technologies, including AI, robotics, blockchain and quantum computing. TBR believes that because Accenture’s quantum services play is funded by early adopters to jointly develop capabilities, increasing exposure of customers to the technology can increase interest in quantum computing overall as well as funding once more customers are able to uncover the advantages they can employ through such a relationship with Accenture.

If you would like to receive more detailed information around the quantum computing market, please inquire about TBR’s Quantum Computing Market Landscape, a semiannual deep dive into the quantum computing market. Our latest version published in December.

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