QuantumBasel’s Post

At 5G Techritory, we discussed Europe’s role in advancing quantum technology, focusing on the timing and value of investment and Europe’s potential to lead. I emphasized that while applications might still take time, the market is already active, currently valued at $848 million and projected to reach $106 billion by 2040. Quantum computers are already being sold, primarily for research and training, which is crucial for building the talent pipeline. Investing now is essential, not only for building knowledge and capability but also for preparing the talent pool needed for the future industry. Europe has a strong foundation to lead, not just compete, by investing in essential infrastructure like quantum chip production. Establishing this infrastructure would not only foster an ecosystem that naturally attracts talent and investment, but also creates a sustainable and independent technological base in Europe. Drawing parallels with AI, I noted that those who control the hardware play a decisive role in setting industry norms and standards. Thus, European Union’s strategic investment in critical infrastructure would not only ensure competitiveness but also allow it to influence the ethical and regulatory landscape of this emerging field – vital elements for Europe to establish global influence in quantum tech. Thank you Latvian Quantum Initiative for facilitating the discussion and Vyacheslavs Kashcheyevs, Gerbold Ménard, Katie Low and Andris Ambainis for bringing their expertise to the panel. #EU #EuropeanInnovation #Quantum #CriticalTechnologies Juha Vartiainen Jouni Flyktman

A new report from Juniper Research predicts that quantum computing will generate near to $10B in global commercial revenue by 2030, up from just $340M in 2023. Industries like finance, healthcare, and logistics are expected to benefit the most from quantum advancements, especially in optimization and complex problem-solving. The rapid growth highlights the transformative potential of quantum technology across sectors. Exciting times ahead for quantum computing! Click the link below to read more about it: https://lnkd.in/evzwYJq3 #Quantum #QuantumComputing #QuantumFinance #QuantumHealthcare #Finance #Healthcare #QuantumTechnology #QuantumHardware #Logistics #Research #QuantumResearch

📰 News: 📰 🌟 Exciting Announcement! BTQ Technologies Joins QuINSA as a Founding Member 🚀 👉 BTQ Technologies Corp. is thrilled to announce its participation as a founding member of the Quantum Industrial Standard Association -QuINSA-. This is a game-changing moment for the quantum information technology industry! 🌐 🔬 Why should small and medium-sized businesses start exploring quantum solutions? Here are some eye-opening figures: 1️⃣ Quantum computing can solve complex problems that would take the fastest classical computers millions of years to crack. 2️⃣ Quantum communication offers unhackable data transfer, ensuring maximum security for businesses. 3️⃣ Quantum sensing enables highly accurate measurement and detection, allowing for groundbreaking advancements in scientific research and industries like healthcare and manufacturing. 💥 By embracing quantum technologies, SMBs can revolutionize their operational efficiency, outperform competitors, and tap into unprecedented growth opportunities. It's time to embrace the quantum revolution! 💪 🗣️ We would love to hear your thoughts and ideas about the potential of quantum computing. Leave a comment or share your experience with us! Let's shape the future together. Follow Spin Quantum Tech for more exciting updates and join the conversation. 🌐 ✨ Learn more about QuINSA and its mission to develop international standards for quantum technologies by visiting their website: https://lnkd.in/evJzPgAW 🌐 #Future #Futurism #Innovation #Business #ArtificialIntelligence #QuantumComputing #SQT https://lnkd.in/epByzuAu

Switzerland's first commercial quantum computer launched Underlining Switzerland's ambitions and excellence in quantum research and technology application, QuantumBasel – a competence center for quantum computing and artificial intelligence – and the US-based company IonQ inaugurated Switzerland's first commercial ion trap #quantumcomputer today at the uptownBasel site in Arlesheim. The  IonQ Forte Enterprise is the first datacenter-ready quantum system to be delivered outside of the United States. The collaboration with QuantumBasel signifies the introduction of commercial quantum computing capabilities in Switzerland. Its application can cover the financial services industry, the pharmaceutical industry, or the logistics industry, areas of already existing Swiss innovation leadership. Congratulations to the team in Arlesheim! Damir Bogdan, Hans-Jörg Fankhauser, Thomas Staehelin, QAI Ventures, Claudia Fricker Photo credit: Ionq

📰 News: 📰 --- Unleashing the Future with Quantum Computing: A Game-Changer for SMBs 🚀 The Biden Administration recently announced a transformative $504 million investment across 12 Regional Technology and Innovation Hubs, a landmark move set to delve deep into frontier sectors, including the many possibilities of quantum computing. 🌐 Small and medium-sized businesses -SMBs- should seize the opportunity to explore quantum solutions now. Why? Because mastering this technology early on can pave the way for unparalleled efficiencies, cost reductions, and groundbreaking innovations. - 💲 $504 million allocated to tech hubs, reinforcing a commitment to driving the next wave of industrial growth. - 🌍 12 selected regions to receive up to $51 million each, fostering innovation in previously underinvested areas. - 🔬 The initiatives encompass pivotal fields like semiconductors, clean energy, biotechnology, artificial intelligence, and notably, quantum computing. These strategic tech hubs are not just about tomorrow's industries; they're about today’s SMBs staying ahead in a fiercely competitive market. Quantum computing holds the promise to revolutionize data processing, optimize logistics, and even accelerate drug discovery—transformative potentials that SMBs cannot afford to ignore. Join the conversation! How do you envision quantum computing transforming your business? Share your thoughts below and follow Spin Quantum Tech for more updates on the quantum future! 🚀👩💼 #Future #Futurism #Innovation #Business #ArtificialIntelligence #QuantumComputing #SQT https://lnkd.in/eUshJpDf

Quantum standards are so important for translating quantum technologies into products!

📰 News: 📰 🌟 Discover the Power of Quantum Computing for Your Business! 🌟 Did you know that quantum solutions can revolutionize the way your small or medium-sized business operates? As a CEO with 40 years of experience in the science industry, I am constantly amazed by the potential of quantum computing. 🚀 Let me share with you some fascinating facts: 🔬 Quantum computing research and development is surging, paving the way for groundbreaking advancements in various sectors. 🔬 Tech partnerships are actively driving quantum scalability, unlocking the immense power of qubits. 🔬 New methods involving rare-earth ions are being explored to enhance the capabilities of quantum systems. 🔬 The collaboration of industry, academia, and government is vital in fostering a successful quantum ecosystem. Embracing quantum solutions can give your business a competitive edge, enhancing efficiency and unlocking new opportunities. Imagine tackling complex problems in seconds that would have taken years with classical computing methods! It's truly mind-boggling. I invite you to read the full article to dive deeper into the conversation about quantum development in Ireland and its potential impact on businesses like yours. 📚 Now, I want to hear from you! 🗣️ What are your thoughts on quantum computing? How do you envision it transforming your industry? Let's discuss in the comments below. Follow Spin Quantum Tech to stay updated on the latest developments in quantum computing and discover how it can magnify the possibilities for your business! 👉🔬💼 -QuantumComputing -Technology -Innovation #Future #Futurism #Innovation #Business #ArtificialIntelligence #QuantumComputing #SQT https://lnkd.in/eNcANWCH

switzerland is a game changer. the game changer itself is the quantum data center.

📰 News: 📰 🚀 Quantum Computing Inc. Announces Executive and Director Appointments 🚀 Big news! Quantum Computing Inc. is thrilled to introduce Richard Nelson as our new Senior Vice President of Business Development and Pouya Dianet as Director for TFLN Optical Chip Sales. With their expertise, we are poised to elevate our leadership and drive growth in the rapidly evolving quantum computing industry. At Quantum Computing Inc., we are committed to providing accessible solutions that have real-world applications in various industries. Our nanophotonic-based quantum entropy technology is revolutionizing fields like quantum computing, cybersecurity, sensing, and imaging. 💡 Here's why SMBs need to start exploring quantum solutions: ✅ Quantum solutions can offer exponential speed and computational power, making businesses more efficient and saving valuable time and resources. ✅ Rural areas can benefit from quantum solutions as they bridge the gap between remote sensing and data analysis in real-time. 🌍 ✅ The Dirac series, our entropy computing capability, provides optimization solutions for a wide range of complex problems, ensuring higher efficiency in decision-making processes. We are excited about the immense potential quantum computing holds for businesses and humankind. 💫 Join the conversation and tell us your thoughts! How do you foresee the impact of quantum computing on your industry? Comment below and let's embark on this fascinating journey together! And don't forget to follow Spin Quantum Tech for more updates on the quantum revolution. 🔬👇 -QuantumComputing -QuantumRevolution #Future #Futurism #Innovation #Business #ArtificialIntelligence #QuantumComputing #SQT https://lnkd.in/eUk4WE23

Quantum technology is at the frontier of global innovation, set to redefine industries and reshape economies. But realising this potential requires more than just advanced technology – it demands a dynamic and thriving ecosystem where researchers, innovators, governments, and businesses collaborate. From foundational research to commercial applications, building a quantum ecosystem means fostering collaboration, investment, and infrastructure on a national scale. We're pleased to see Australia’s chief scientist, Dr Cathy Foley, outline this vision in an article this week, as part of The Industry Papers by InnovationAus.com. In the paper, Dr Foley highlights the need for: 🤝 Collaboration: Connecting researchers, industry, and government to accelerate innovation. 🎓 Talent Development: Building a strong, skilled quantum workforce. 🔧 Strategic Infrastructure: Establishing the necessary foundations for scaling quantum solutions. Read the full paper here: https://lnkd.in/gwXMyYxF Through our partnership with D-Wave, NEC Australia is proud to contribute to Australia’s quantum journey and is committed to advancing this ecosystem and harnessing quantum’s transformative power. #quantum #quantumcomputing #ecosystems #futuretech Michael Hall