Top 10 Quantum Computing Companies - 2019
The year 2019 is projected to be the inflection-point year when quantum computing becomes a reality in enterprises. By calling upon industry veterans to tackle hardware, software, algorithms, security, and analytics—the needed components to apply quantum computing to various industries—a group of well-funded startups are making early inroads into the relatively new marketplace. With quantum computing already helping organizations address monumental problems such as climate change and supply chains, there is no ceiling on the potential of the new technology. While some companies are offering cloud-based, quantum-powered applications, others are specializing in manufacturing quantum semiconductors. The top quantum computing companies are also focused on developing advanced quantum cyber-security tools.
In healthcare, a recent example of quantum computing involves pharmaceutical giant Biogen teaming up with IT consultancy Accenture on a quantum computing experiment aimed at molecular modeling. Working with an end goal to find drugs to effectively treat deadly neurodegenerative diseases such as Alzheimer’s and Parkinson’s, the experiment reportedly gave healthcare professionals fresh insights into one of the most complex disciplines in medicine. There are several other quantum computing solution providers that have ambitious plans to unveil similar innovations in the life sciences industry.
In the financial sector, industry leaders are using quantum computing-based applications to manage risk in investment portfolios. The energy sector has also proven to be an early adopter of quantum computing technology. Earlier this year, Exxon Mobil partnered with IBM to develop applications based on carbon-capture technology and predictive environmental modeling. As part of the partnership, the two companies will explore avenues of quantum computing to accurately make environmental predictions, optimize energy grids, and generate breakthroughs in carbon-capture technologies. Also, the Dubai Electricity and Water Authority has successfully partnered with Microsoft to optimize the UAE’s energy grid management. It’s undeniable that quantum computing solution providers have the potential of scaling great heights serving the energy segment.
Meanwhile, in the autonomous vehicle or selfless cars industry, Daimler Mercedes-Benz is presently using quantum computing to test new types of battery chemistry to improve electric vehicles. Some industry experts also see the potential for quantum computing in tandem with AI. With self-teaching machines undertaking more responsibilities, quantum computing could be used to turbocharge the complex machine-learning process. The top quantum computing solution providers are exploring this avenue. Emerging quantum computing solution providers are also offering full-stack quantum computing products that can serve a variety of applications. It stands to reason that both large and small businesses are invested in the burgeoning market of quantum computing, an emerging technology that spans infinite disciplines and potential applications.
With the quantum computing industry exhibiting a great deal of promise, now is truly the time for enterprises to capitalize on the technology. As has been already proven, the technology can be effectively applied to various applications, across industries. The diverse nature of the technology has given birth to a number of innovative quantum computing solution providers in the marketplace. By leafing through these pages, your business can identify one such quantum computing solution provider that could potentially tackle prevailing challenges and enhance existing processes.
We present to you CIOReview's "10 Most Promising Quantum Computing Solution Providers 2019.