Key Takeaways from QC Market Study: Global Quantum Computing Market Projected to Grow to Over $800 million by 2024

In 2018, the European Union (EU) officially entered the competition for global leadership in artificial intelligence, outlining its strategy under the Coordinated Plan on Artificial Intelligence. Like China and the United States, the EU sees the technology as a major driver for regional economic growth and productivity, as well as a way to solve the world’s most pressing environmental and social challenges.

Hyperion Research's continuing efforts in Return on Investment (ROI) research examine individual HPC projects and measure the amounts spent on the HPC resources compared with the projects' financial and innovation returns. This report provides an update on this research, including new ROI and Return on Research (ROR) data and additional analysis. Key findings of this updated research include:

• Updated results continue to indicate substantial returns for investments in HPC: * The data now covers 763 successful HPC projects
• On average $507 dollars in revenue per dollar of HPC invested was generated * On average $47 dollars of profit (or cost savings) per dollar of HPC invested was generated * The average HPC investment per innovation was $2.6 million