Authors: Michael Feldman, Melissa Riddle
Publication Date: March 2020
Length: 7 pages
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.
National governments around the world are moving to enact new quantum computing research activities or expand the scope and ambitions of existing programs, driven by a range of both national security and industrial competitiveness imperatives. The bulk of current and planned programs center on funding basic and advanced research in quantum technologies, primarily at national laboratories or related academic facilities.
March 2020 | Special Analysis
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.
August 2020 | Special Analysis