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Exciting developments are putting Ireland on the global map as a key player in the rapidly evolving world of quantum technology. The country’s thriving ecosystem of academic excellence, government support, and cutting-edge startups is fostering groundbreaking research and innovation. As Dr. Nicola Stokes explains in her article, Ireland’s Quantum 2030 Strategy is driving advancements in quantum computing and helping address critical challenges such as optimizing complex AI models, generating new insights into drug discovery and climate change, and enhancing data security. Companies like Mastercard and Fidelity Investments are already exploring quantum’s potential to tackle complex problems, from optimizing AI to strengthening network security. At Equal1, we’re proud to be part of this vibrant community, driving the future of quantum computing with our pioneering Quantum System-on-a-Chip (QSoC) processors. Ireland's forward-thinking approach to tech and innovation makes it the perfect place for us to continue advancing quantum technology that will shape industries. Check out this article to learn more about Ireland’s leadership in quantum innovation: #QuantumComputing #QuantumInnovation #IrelandTech #QuantumTechnology #QuantumRevolution Atlantic Bridge Matterwave Ventures Enterprise Ireland European Innovation Council and SMEs Executive Agency (EISMEA)

Quantum Tech Market on the Rise – Trillions in Value Predicted by 2030 The McKinsey & Company Quantum Technology Monitor 2024 predicts huge potential for quantum tech, with a value creation of up to 2 trillion USD (1.8 trillion EUR) by 2035 in key areas like life sciences, chemistry, and finance. Public investment is also booming, reaching 43 billion USD (39.6 billion EUR) globally. Germany 🇩🇪 is leading the way, with a 3 billion EUR (3.3 billion USD) plan to bring quantum tech to businesses and government. Here's what's happening in the country: 🚀 Clusters like Munich Quantum Valley are bringing together researchers, startups, and companies to develop quantum computers and communication networks. 🚀 Educational programs are being created to train the next generation of quantum tech experts.  🚀 Projects are underway to establish a transnational quantum internet, connecting networks across borders. This is just the beginning: Quantum technology has the potential to revolutionize many more industries. – Get further details: https://lnkd.in/dPFKMy5V #quantumindustry #quantumsector #quantumbusiness #quantumtechnology

Colorado is a leader in quantum technologies and its impact is only beginning. Recently Elevate Quantum, a coalition of 120+ organizations, secured $40.5 million in federal funding and $74 million in state funding, cementing Colorado’s place as the leading U.S. quantum tech hub. The support is projected to create 10,000 new jobs, train 30,000 workers and help build 50 startups over the next decade. 🎉🎉🎉 Currently, our quantum research development is thriving thanks to so many factors, like federal investments and partnerships with the National Institute of Standards and Technology (NIST) in Boulder and other labs. 👩🏽🔬 With 3,000 quantum-related jobs already in place and four Nobel prize-winning scientists leading the way, Colorado’s quantum tech hub will revolutionize industries and address national challenges, ensuring a robust and inclusive quantum future. Read Forbes’ feature on our quantum tech hub here 👇 https://lnkd.in/gnqtkxnf

🔥 New McKinsey & Company Quantum Technology Monitor The yearly QT monitor is one of the best sources to understand the state of quantum technologies, covering the tech, investor and talent evolution. This year's summary states "Steady progress in approaching the quantum advantage". Maybe not the title I would have chosen, but despite a reduction in private investment the field seems to continue delivering according to the most consistent roadmaps; public investment stays strong as part of geopolitical bets; and talent growth develops as more universities create qt related programs. Something new in this year's release I like: 🚩 A focus on different regions (North America, Asia and Europe) and their main countries. 🚩 Technology details like quantum computer paradigms and their status, explanations of key concepts like quantum control, and 🚩 a discussion on quantum computing benchmarks highlighting a long-missed practical approach ("Difficult to map to application performance (ie, no link to real-life problem or entire stack)") https://lnkd.in/dcrXSWTz #quantum #quantumtechnologies #quantumcomputing #report

🚀 Building Australia’s Quantum Future Cathy Foley, Australia’s Chief Scientist, emphasises the critical role of education and training in the burgeoning quantum technology sector. In her latest article for InnovationAus.com Industry Papers publication, she discusses the importance of a robust quantum ecosystem, highlighting the need for skilled talent to drive innovation and industry growth. “A cohort-based model like Sydney Quantum Academy offers an example of an approach that works well – replicating this around the country could make a significant difference.” says Dr. Foley on the infrastructure needed to efficiently produce the highly trained and multidisciplined experts the industry desperately needs. We are proud of our role in connecting industry, government, and academia to help address the quantum skills gap and develop a more sustainable and diverse talent pipeline. Thank you, Cathy Foley, for the shout out and to our partners Macquarie University, UNSW, University of Sydney, University of Technology Sydney, Office of the NSW Chief Scientist & Engineer, and Anoulack Chanthivong for their support! Australia’s National Quantum Strategy prioritizes ecosystem development, fostering collaboration between industry, academia, and government. By investing in education and training programs, we can prepare the next generation of quantum innovators and secure the industry’s success for Australia. 📚 Read the full article to learn more about the opportunities and challenges in quantum education and training.  👉  https://lnkd.in/gegpkqDB #QuantumTechnology #Education #Innovation #STEM #Australia #QuantumFuture #quantum

Colorado is emerging as the global leader in quantum technologies, driving innovation and economic growth. - 🏔️ Colorado received $40 million in federal funding and $74 million in state tax credits to support quantum tech. - 🏢 Over 40 federally funded research labs and institutions like NIST and JILA are fueling advancements. - 💼 10,000 new jobs and 30,000 trained workers are expected in the next decade. - 🏢 Elevate Quantum leads a coalition of 120+ organizations to build a robust quantum ecosystem. - 💡 Practical applications of quantum computing are already aiding financial services and drug discovery. - 🌍 Colorado's advancements will benefit the entire nation and potentially solve major global challenges. #QuantumTech #Innovation #Colorado - 🌐 Federal support underscores quantum tech as a national imperative. - 🏗️ Facilities for entrepreneurs and commercial fabrication are being developed. - 👩🔧 The sector requires diverse skills, from researchers to machinists. - 📈 Private capital investment is estimated at $1 billion, enhancing the state's quantum leadership. https://lnkd.in/gugrd4xb

Quantum technology could create value worth trillions of dollars within the next decade. Four sectors—chemicals, life sciences, finance, and mobility—are likely to see the earliest impact from quantum computing and could gain up to $2 trillion by 2035 

Quantum technologies are the latest emerging science to see rapid innovation through an ecosystem of public-private partnerships, where information flows from research silos to plant seeds for commercial applications. This article explores how innovation ecosystems can accelerate quantum technology’s growth: https://buff.ly/3X9nh6J #Innovation #Partnership #QuantumComputing

There are several factors causing the decrease in private investment into Quantum Technology, including a significant shift in focus toward generative AI as well as lingering perceptions of QT being a long-term technology whose potential in various sectors is still being understood and evaluated. Public funding for quantum technologies, on the other hand, jumped more than 50 percent over 2022. While China and the United States have previously dominated QT public investment, new announcements from Australia, Canada, Germany, India, Japan, the Netherlands, South Korea, and the United Kingdom reflected a growing realization among a broader range of governments of the importance of QT; South Korea and the United Kingdom, in particular, made significant increases to their funding levels (Exhibit 2).

🚀 Quantum technology is advancing! McKinsey’s Quantum Technology Monitor reports progress in quantum computing, sensing, and communication. Public funding grew by 50% in 2023, despite a drop in private investments.  For technicians, this is crucial: Accurate data is essential before diving into time series analysis and data preprocessing. 🛠️ Clean, correct data is the key to effective quantum applications.  🔍 Learn more about these advancements in the McKinsey report here: https://lnkd.in/dH8TrBNr   #QuantumTech #DataIntegrity #TimeSeries #DataPreprocessing #MyTimeSeries