Looking at 2020 and Beyond: Key Considerations and Recommendations for HPC Modernization Efforts

According to a recent Hyperion Research study of 115 current and interested QC end-users from both HPC and enterprise IT organizations, the average budget of surveyed QC buyers/users, worth about $3.2 million in 2019, will grow at a 27% CAGR between 2019 and 2024. This growth includes follow-on budget commitments from existing QC users as well as new budget commitments from a tranche of survey respondents who are currently only considering QC involvement. However, the number of organizations that are not yet certain of budget timetables over the next four years remains relatively constant at about 15% of those surveyed. A strong anticipated growth rate in QC end-user budgets implies high expectations for QC developments that can support adequate return on investment or sector-relevant competitive advantage. Current and potential QC users likely will be looking for QC suppliers to roll out a series of steady technological and use case advances that provide assurance that the QC sector is successfully moving to achieve stability, reducing the risk of being an early adopter.

According to a recent Hyperion Research study of 115 current and interested QC end-users from both HPC and enterprise IT organizations, the majority would consider a wide range of quantum computing (QC) technology and use-case options spanning new QC and QC-inspired applications, as well as speed-ups of existing applications delivered through a mix of QC or hybrid QC/classical systems. Likewise, these same QC buyers/users reported relatively modest expectations for realized performance gains from QC technology: 78% of respondents would see a performance boost of less than 250X as justification for using QC, and 42% would only need 50X or below. Such expectations bode well for the quantum computing sector writ large as QC developers and suppliers can explore a broad array of quantum technologies in both hardware and software with some assurance that end-users will be open to a span of QC use-case options with relatively modest near-term performance gains.