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With SONAR Trend Platform Reply is able to create an overview and mapping of relevant trending industries related to Quantum Computing, based on their occurrence within expert media articles, mass media, patents and scientific publications. Discover more about Reply's survey on current developments in the field of Quantum Computing!
Industries with an above average number of articles over the last 12 months, but declining or low growth compared to the previous 12 months.
Industries already engaging in the new ecosystem, often leading their own efforts for several years.
Industries with a low number of articles over the last 12 months, and declining or low growth compared to the previous 12 months.
Industries observing the space, carefully analyzing business potential or creating early networks.
Industries with an above average number of articles over the last 12 months, which is even higher than the previous 12 months.
Industries racing to be the superior player within the new ecosystem, launching offerings.
Industries with a low number of articles over the last 12 months, but with a high growth compared to the previous 12 months.
Industries already participating in networks within the new space, quickly growing their involvement.
Timeframe: Jan 2017 – Dec 2018 For comprehensibility values for volume and growth are standardized and normalized (values from 0-100).
Quantum computing in the Computer Science industry has grown continuously since 2013. Morgan Stanley analysts predict that the high-end quantum computing market (currently estimated by IBM at $5-6 billion per year) will nearly double and reach $10 billion per year by 2025. The development of quantum computers has experienced a serious boost since the tech giants entered the race. IBM’s numerous announcements and launches have created quite a stir among media circles and has driven significant volume, among the announcements that generated the highest media interest have been in 2017: IBM makes its Quantum Computer API available to the public and IBM’s launch of a Quantum Computing Platform with many Fortune 500 clients and in 2019 the unveiling by IBM of the IBM Q System One, its first standalone 20-qubit quantum computer. High media interest also arose in 2018 when Microsoft launched a Quantum Computing Toolkit and Intel’s start of testing its tiny “Spin Qubit”, said to have huge impact on Quantum Computing.
With its quantum-first cloud platform Rigetti brings together the best of classical and quantum computing on a single cloud platform that helps to build and run programs that harness the power of real quantum hardware with the ease of a virtual development environment. With this, Rigetti wants to address fundamental challenges in medicine, energy, business, and science.
As Quantum computing poses a threat to today's security mechanisms because it challenges the most common encryption methods, it is essential that governments and enterprises develop quantum secure solutions. In this race, China is at the forefront with initiatives such as the Micius satellite or the establishment of a national network infrastructure. Although not yet available at commercial level, advances in quantum computing also have the potential to improve security and encryption. The trending players in the field of Quantum Computing are led by ISARA, followed by ID Quantique, Quintessence Labs, Qubitekk and Post Quantum. They all have one thing in common: they are all leading start-up companies in the field of quantum security and encryption.
In July 2015, Alibaba´s Cloud Unit and the Chinese Academy of Sciences founded the Alibaba Quantum Computing Laboratory, a research facility based in Shanghai. Alibaba wants to use quantum computers to develop increased security for e-commerce and its underlying data centers.
Quantum Computing is attracting increasing interest from financial services companies with applications ranging from portfolio optimisation, fraud detection, payment systems to high frequency trading. In recent years, there has been a steady increase in investment activity, with financial companies such as Goldman Sachs, RBS, Citigroup investing money in Quantum Computing technology or hiring their own talent to stay ahead of the competition. Some financial firms are already beginning to experiment with use cases that apply the technology in the Fintech field. In 2018, Goldman Sachs (one of D-Wave's major investors), along with Citigroup, invested as a second major investor in QC Ware, a software company that introduces quantum computers into the company. J.P. Morgan and Barclays received extensive media coverage when they joined the IBM quantum computer system.
J.P. Morgan Chase & Co is working with IBM to understand how the emerging technology will impact the company and its customers and explore possible use cases. They are experimenting with quantum computing’s potential for solving computationally-intensive problems such as those related to risk analysis and trading strategies.
Logistics and transportation trends showed the highest growth rates from the end of 2017 as many companies in this industry began to take advantage of the opportunities that Quantum Computing has to offer. The announcement that the major automotive companies Daimler and Honda are buying IBM quantum computers led to a large increase in interest in early 2018. This growth continued as many aerospace companies increased their investments and research into the role of Quantum Computing in their industry. In January 2019, however, there was the highest increase in interest to date: Volkswagen announced the use of Quantum Computing for traffic management.
Volkswagen laid the foundation for simulating and optimising the chemical structure of high-performance electric vehicle batteries on a Quantum Computer. Such a quantum algorithm could simulate the chemical composition of a battery on the basis of different criteria and provide a design which could be used directly for production. This would significantly accelerate the battery development process, which has been time-consuming and resource-intensive to date.
Quantum computers are able to reduce computing processes from years to hours or even minutes by parallel processing – which is exponentially scaled by the addition of qubits. Particularly in the areas of ML, AI and Big Data, this promises to address complex problems that could not be solved due to the computational limitations of classical computer architecture.
The power of quantum computers will dwarf current processing possibilities and lead us into a new era of knowledge and discovery. However, this power poses such a huge threat to cyber security that the protection of commercial transactions and other data transfers must be completely redesigned. Fortunately, quantum cyber security is already meeting this challenge with advances such as quantum key distribution, quantum secure algorithms, and true random numbers.
Detecting statistical anomalies
Recognising images and patterns
Training neural networks
Verifying and validating software
Classifying unstructured data
Quantum secure communications
Optimising network operations
Detecting market instabilities
Developing trading strategies
Intelligent traffic management
E-Charging Network Optimisation
Material Science: e.g. battery technology
R&D and Manufacturing
Mission planning and logistics
System validations and verification
Optimising battery technology
Climate modeling and weather predictions
Seismic survey optimisation
Faster drug discovery
Optimising radiotherapy treatments
Improved Patient diagnostics
SONAR is an innovative, Data-as-a-Service Tool for quantified foresight. It recognizes, compares and analyzes existing trends, and identifies new developments in real-time.