Category Archives: Quantum Computing

The Quantum Computing Technology Market Research Report 2020 published by Prophecy Market Insights is an all-inclusive business research study on the current state of the industry which analyzes innovative strategies for business growth and describes significant factors such as top developers/manufacturers, production value, key regions, and growth rate. Impact of Covid-19 pandemic on the market will be completely analyzed in this report and it will also quantify the impact of this pandemic on the market.

The research study encompasses an evaluation of the market, including growth rate, current scenario, and volume inflation prospects, based on DROT and Porters Five Forces analyses. The market study pitches light on the various factors that are projected to impact the overall market dynamics of the Quantum Computing Technology market over the forecast period (2019-2029).

Regional Overview:

The survey report includes a vast investigation of the geographical scene of the Quantum Computing Technology market, which is manifestly arranged into the localities. The report provides an analysis of regional market players operating in the specific market and outcomes related to the target market for more than 20 countries.

Australia, New Zealand, Rest of Asia-Pacific

The facts and data are represented in the Quantum Computing Technology report using graphs, pie charts, tables, figures and graphical representations helping analyze worldwide key trends & statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Get Sample Copy of This Report @ https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/3845

The research report also focuses on global major leading industry players of Quantum Computing Technology market report providing information such as company profiles, product picture and specification, R&D developments, distribution & production capacity, distribution channels, price, cost, revenue and contact information. The research report examines, legal policies, and competitive analysis between the leading and emerging and upcoming market trends.

Quantum Computing TechnologyMarket Key Companies:

International Business Machines (IBM) Corporation, Google Inc., Microsoft Corporation, Qxbranch, LLC, Cambridge Quantum Computing Ltd., 1QB Information Technologies Inc., QC Ware Corp., Magiq Technologies Inc., D-Wave Systems Inc., and Rigetti & Co, Inc.

The predictions mentioned in the Quantum Computing Technology market report have been derived using proven research techniques, assumptions and methodologies. This market report states the overview, historical data along with size, share, growth, demand, and revenue of the global industry.

Segmentation Overview:

The report provides an in-depth analysis of the Quantum Computing Technology market segments and highlights the latest trending segment and major innovations in the market. In addition to this, it states the impact of these segments on the growth of the market. Apart from key players analysis provoking business-related decisions that are usually backed by prevalent market conditions, we also do substantial analysis of market based on COVID-19 impact, detailed analysis on economic, health and financial structure.

Request Discount @ https://www.prophecymarketinsights.com/market_insight/Insight/request-discount/3845

Key Questions Answered in Report:

Stakeholders Benefit:

About us:

Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.

Contact Us:

Mr Alex (Sales Manager)

Prophecy Market Insights

Phone: +1 860 531 2701

Email: [emailprotected]

Read more:
Regional Analysis and Strategies of Quantum Computing Technology Market during the Forecasted Period 2020-2030 - 3rd Watch News

By Lalit Dash

Srishti, a 35-year-old HR professional, recently started experiencing palpitations and shortness of breath. While looking up on the Internet for information on the probable causes of her condition, she found an online health services platform where she could review portfolios of doctors and treatment options allowing her to shop for the best care provider and a treatment plan at a cost she could afford. Booking and paying for the appointment through the hospitals web interface made it easy for her to schedule the visit as per her convenience.

Post consultation she explored online pharmacies and got her medicine at the best rate, earning some loyalty points in the process. Srishtis situation could be ours. With the onset of digital transformation, the healthcare sector is witnessing a major overhaul. Today, an individual is not just a prospective patient, but a customer armed with a shopping list to select the best doctors, facilities and treatment at an affordable cost and at a time and location of her choice. The flow of information is no longer unidirectional (caregiver to care receiver) but bidirectional and consumer choices are made within and outside the clinical environment. This has led to the healthcare system to leapfrog from a legacy PDS (Public Distribution System) model to a supermarket model.

With an increased focus on the quality of consumer experience, healthcare companies are deploying technologies to make care delivery more accessible and personalised. Medical diagnostics, Internet of Medical Things (IoMT), Blockchain, Artificial Intelligence (AI) and data analytics are triggering disruptive innovations that are, in turn, redefining care paradigms.

Technology, as is evident, is a crucial cog in the evolution of consumerism in healthcare. Innovations in cloud computing, mobility solutions, telemedicine, and quantum computing are making their way into mainstream health operations. For instance, AI and ML are pushing this change through algorithms built for diagnostics of chronic diseases. Augmented reality/virtual reality (AR/VR)-led technology is already being put to use to set up virtual care systems that enable doctors to conduct surgeries in remote areas or during times of a public health emergency.

Natural Language Processing (NLP) technology a form of AI that enables computer programs to process and analyse unstructured data from different sources is extensively being used in technical documentation, leading to a faster diagnosis. Additionally, the gamification of healthcare particularly in-patient wellness is enhancing the customer (vs. patient) mindset and reciprocal engagement. Take for instance, mobile apps that run a rewards program for people who accomplish a health-related task every day or those that encourage participation of friends and family in fitness contests.

With the care providers focus shifting more towards value across customer lifecycle, there will be stronger collaboration between healthcare providers and customers for pre-, during- and post-care medical services. As healthcare consumerism continues to grow, healthcare providers will have to learn to adapt to this changing environment to guide and engage consumer as well as secure their loyalty. This will eventually lead to ease in access to care, reduced cost of care and enhanced quality of care benefitting many consumers such as Srishti.

The writer is senior director Technology, Optum Global Solutions

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know markets Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

See the rest here:
Healthcare Shopping: The new age of consumerism - The Financial Express

Given the enormous potential for quantum computing to change the way we forecast, model and understand the world, many are beginning to question whether it could have helped to better prepare us all for a global pandemic such as the Covid-19 crisis. Governments, organisations and the public are continuing the quest for answers about when this crisis will end and how we can find a way out of the current state of lockdown, and we are all continuing to learn through incremental and experimental steps. It certainly seems plausible that the high compute simulation capabilities of our most revolutionary technology could hold some of the answers and enable us to respond in a more coherent and impactful way.

Big investments have already been made in quantum computing, as countries and companies battle to create the first quantum supercomputer, so they can harness the power of this awesome technology. The World Economic Forum has also recognised the important role that this technology will play in our future, and has a dedicated Global Future Council to drive collaboration between public and private sector organisations engaged in the development of Quantum Computing. Although its unlikely to result in any overnight miracles, its understandable that many are thinking about whether these huge efforts and investments can be turned towards the mutual challenge we face in finding a solution to the Covid-19 pandemic.

There are already some ground-breaking use-cases for quantum computing within the healthcare industry. Where in the past some scientific breakthroughs such as the discovery of penicillin came completely by accident, quantum computing puts scientists in a much stronger position to find what they were looking for, faster. Quantum raises capacity to such a high degree that it would be possible to model penicillin using just a third of the processing power a classical computer would require to do the job meaning it can do more with less, at greater speed.

In the battle against Covid-19, the US Department of Energys Oak Ridge National Laboratory (ORNL) is already using quantum supercomputers in its search for drug compounds that can treat the disease. IBM has also been using quantum supercomputers to run simulations on thousands of compounds to try and identify which of them is most likely to attach to the spike that Covid-19 uses to inject genetic material into healthy cells, and thereby prevent it. It has already emerged with 77 promising drugs that are worth further investigation and development progress that would have taken years if traditional computing power had been used.

Other businesses are likely to be keen to follow in the footsteps of these examples, and play their own part in dealing with the crisis, but to date its only been the worlds largest organisations that have been using quantum power. At present, many businesses simply dont have the skills and resources needed to fabricate, verify, architect and launch a large-scale quantum computer on their own.

It will be easier to overcome these barriers, and enable more organisations to start getting to work with quantum computing, if they open themselves up to collaboration with partners, rather than trying to go it alone. Instead of locking away their secrets, businesses must be willing to work within an open ecosystem; finding mutually beneficial partnerships will make it much more realistic to drive things forward.

The tech giants have made a lot of early progress with quantum, and partnering with them could prove extremely valuable. Google, for example, claims to have developed a machine that can solve a problem in 200 seconds that would take the worlds fastest supercomputer 10,000 years imagine adding that kind of firepower to your computing arsenal. Google, IBM and Microsoft have already got the ball rolling by creating their own quantum partner networks. IBM Q and Microsoft Quantum Network bring together start-ups, universities, research labs, and Fortune 500 companies, enabling them to enjoy the benefits of exploring and learning together. The Google AI quantum initiative brings together strong academia support along with start-up collaboration on open source frameworks and tools in their lab. Collaborating in this manner, businesses can potentially play their own part in solving the Covid-19 crisis, or preventing future pandemics from doing as much damage.

Those that are leading the way in quantum computing are taking a collaborative approach, acknowledging that no one organisation holds all the answers or all the best ideas. This approach will prove particularly beneficial as we search for a solution to the Covid-19 crisis: its in everyones interests to find an exit to the global shutdown and build knowledge that means we are better-prepared for future outbreaks.

Looking at the bigger picture, despite all the progress that is being made with quantum, traditional computing will still have an important role to play in the short to medium term. Strategically, it makes sense to have quantum as the exploratory left side of the brain, while traditional systems remain in place for key business-as-usual functions. If they can think about quantum-related work in this manner, businesses should begin to feel more comfortable making discoveries and breakthroughs together. This will allow them to speed up the time to market so that ideas can be explored, and new ground broken, much faster than ever before and thats exactly what the world needs right now.

Kalyan Kumar, CVP & CTO, IT Services, HCL Technologies

Go here to read the rest:
Solving problems by working together: Could quantum computing hold the key to Covid-19? - ITProPortal

Menten AI has an impressive founding team and a pitch that combines some of the hottest trends in tech to pursue one of the biggest problems in healthcare new drug discovery. The company is also $4 million richer with a seed investment from firms including Uncork Capital and Khosla Ventures to build out its business.

Menten AIs pitch to investors was the combination of quantum computing and machine learning to discover new drugs that sit between small molecules and large biologics, according to the companys co-founder Hans Melo.

A graduate of the Y Combinator accelerator, which also participated in the round alongside Social Impact Capital*, Menten AI looks to design proteins from scratch. Its a heavier lift than some might expect, because, as Melo said in an interview, it takes a lot of work to make an actual drug.

Menten AI is working with peptides, which are strings of amino acid chains similar to proteins that have the potential to slow aging, reduce inflammation and get rid of pathogens in the body.

As a drug modality [peptides] are quite new, says Melo. Until recently it was really hard to design them computationally and people tried to focus on genetically modifying them.

Peptides have the benefit of getting through membranes and into cells where they can combine with targets that are too large for small molecules, according to Melo.

Most drug targets are not addressable with either small molecules or biologics, according to Melo, which means theres a huge untapped potential market for peptide therapies.

Menten AI is already working on a COVID-19 therapeutic, although the companys young chief executive declined to disclose too many details about it. Another area of interest is in neurological disorders, where the founding team members have some expertise.

Image of peptide molecules. Image Courtesy: D-Wave

While Menten AIs targets are interesting, the approach that the company is taking, using quantum computing to potentially drive down the cost and accelerate the time to market, is equally compelling for investors.

Its also unproven. Right now, there isnt a quantum advantage to using the novel computing technology versus traditional computing. Something that Melo freely admits.

Were not claiming a quantum advantage, but were not claiming a quantum disadvantage, is the way the young entrepreneur puts it. We have come up with a different way of solving the problem that may scale better. We havent proven an advantage.

Still, the company is an early indicator of the kinds of services quantum computing could offer, and its with that in mind that Menten AI partnered with some of the leading independent quantum computing companies, D-Wave and Rigetti Computing, to work on applications of their technology.

The emphasis on quantum computing also differentiates it from larger publicly traded competitors like Schrdinger and Codexis.

So does the pedigree of its founding team, according to Uncork Capital investor, Jeff Clavier. Its really the unique team that they formed, Clavier said of his decision to invest in the early-stage company. Theres Hans the CEO who is more on the quantum side; theres Tamas [Gorbe] on the bio side and theres Vikram [Mulligan] who developed the research. Its kind of a unique fantastic team that came together to work on the opportunity.

Clavier has also acknowledged the possibility that it might not work.

Can they really produce anything interesting at the end? he asked. Its still an early-stage company and we may fall flat on our face or they may come up with really new ways to make new peptides.

Its probably not a bad idea to take a bet on Melo, who worked with Mulligan, a researcher from the Flatiron Institute focused on computational biology, to produce some of the early research into the creation of new peptides using D-Waves quantum computing.

Novel peptide structures created using D-Waves quantum computers. Image Courtesy: D-Wave

While Melo and Mulligan were the initial researchers working on the technology that would become Menten AI, Gorbe was added to the founding team to get the company some exposure into the world of chemistry and enzymatic applications for its new virtual protein manufacturing technology.

The gamble paid off in the form of pilot projects (also undisclosed) that focus on the development of enzymes for agricultural applications and pharmaceuticals.

At the end of the day what theyre doing is theyre using advanced computing to figure out what is the optimal placement of those clinical compounds in a way that is less based on those sensitive tests and more bound on those theories, said Clavier.

*This post was updated to add that Social Impact Capital invested in the round. Khosla, Social Impact, and Uncork each invested $1 million into Menten AI.

Visit link:
Menten AIs combination of buzzword bingo brings AI and quantum computing to drug discovery - TechCrunch

For the widest possible and mobile Internet coverage, wireless communications are essential. But due to the open nature of wireless transmissions, information security is a unique issue of challenge. The widely deployed methods for information security are based on digital encryption, which in turn requires two or more legitimate parties to share a secret key.

The distribution of a secrecy key via zero-distance physical contact is inconvenient in general and impossible in situations where too little time is available. The conventional solution to this challenge is to use the public-key infrastructure, or PKI, for secret key distribution. Yet, PKI is based on computational hardness of factoring, for example, which is known to be increasingly threatened by quantum computing. Some predictions suggest that such a threat could become a reality within 15 years.

In order to provide Internet coverage for every possible spot on the planet, such as remote islands and mountains, a low-orbiting satellite communication network is rapidly being developed. A satellite can transmit or receive streams of digital information to or from terrestrial stations. But the geographical exposure of these streams is large and easily prone to eavesdropping. For applications such as satellite communications, how can we guarantee information security even if quantum computers become readily available in the near future?

Yingbo Huas Lab of Signals, Systems and Networks in the Department of Electrical and Computer Engineering, which has been supported in part by Army, has aimed to develop reliable and secure transmission, or RESET, schemes for future wireless networks. RESET guarantees that the secret information is not only received reliably by legitimate receiver but also secure from eavesdropper with any channel superiority.

In particular, Huas Lab has developed a physical layer encryption method that could be immune to the threat of quantum computing. They are actively engaged in further research of this and other related methods.

For the physical layer encryption proposed by Huas lab, only partial information is extracted from randomized matrices such as the principal singular vector of each matrix modulated by secret physical feature approximately shared by legitimate parties. The principal singular vector of a matrix is not a reversible function of the matrix. This seems to suggest that a quantum computer is unable to perform a task that is rather easy on a classical computer. If this is true, then the physical layer encryption should be immune from attacks via quantum computing. Unlike the number theory based encryption methods which are vulnerable to quantum attacks, Huas physical layer encryption is based on continuous encryption functions that are still yet to be developed.

Read the original here:
Better encryption for wireless privacy at the dawn of quantum computing - UC Riverside

Set up at the beginning of 2018, Quantum bills itself as the first publicly traded pure-play quantum computing company

QuantumComputing Inc (), an advanced technology company developing quantum-ready applications and tools,said Wednesday that it is set to gain as it has entered the key commercialization phase as the only public pure-play in the quantum computing space.

The Leesburg, Virginia-based company has kicked off the official commercial launch of its Mukai quantum computing software execution platform. Last week, the company introduced a new trial access program that demonstrates Mukais power to solve real-world problems.

Quantums stock recently traded 1.3%higher to $3.91 a share inNew York.

READ:Quantum Computing launches free trial of Mukai quantum computing application platform

According to the company, the trial will enable developers to discover how they can migrate their existing applications to quantum-ready solutions and realize superior performance even when running their solutions on classical Intel or AMD processor-based computers.

The trial is designed to encourage and facilitate quantum application development to solve real world problems at breakthrough speed and not tomorrow, but today, the company said in a statement.

There are only a handful of quantum software experts in the world, and fortunately for us, this includes Mike and Steve," commented Quantum CEO Robert Liscouski. They have been doing an outstanding job building out our software engineering teams, developing our first quantum-ready products, and preparing QCI for commercial success.

Quantum kicked off 2020 with the public release of its first quantum-ready software product, the QCI Quantum Asset Allocator (QAA). This solution is designed to help portfolio managers maximize returns by calculating their optimal asset allocations, said the company.

QAA is the first of a series of Quantum products that will leverage quantum techniques to provide differentiated performance on both classical computers and on a variety of early-stage quantum computers, added the company. Naturally, Quantum is looking to convert its QAA beta users into long-term customers.

The core of our strategy has been to anticipate the direction of the market and be ahead of it by offering unique solutions that establish QCI as a market leader, said Liscouski. We will be driven by the market, but in turn will drive the market by helping our customers realize their quantum-enabled future.

The company said that while quantum computing is typically a high-dollar investment given the "sophisticated and costly hardware," Mukai makes quantum application development affordable and scalable compared to running solutions on intermediate quantum computers, like those offered by D-Wave, Fujitsu, IBM and Rigetti.

Mukai addresses the quantum computing market which is tipped to grow at a 23.2% compound annual growth rate to $9.1 billion by 2030, according to Tractica.

Contact the author Uttara Choudhury at [emailprotected]

Follow her on Twitter: @UttaraProactive

Link:
Quantum Computing gains as it kicks off commercialization phase with its Mukai quantum computing software - Proactive Investors USA & Canada