Sumitomo Corporation Quantum Transformation (QX) Project Announces Its Vision and Activities at the IEEE Quantum AI Sustainability Symposium

– New social paradigm shift “QX” is right around the corner –

Sumitomo Corporation Quantum Transformation (QX) Project will present at the IEEE Quantum AI Sustainability Symposium on September 1st, 2021. The QX Project was launched in March 2021 by Sumitomo Corporation, a global Fortune 500 trading and investment company, with the intent to provide new value to society by applying quantum computing technology to the wide-ranging industries in which the company operates. This is the world’s first project that defines “Quantum Transformation (QX)” as the next social paradigm shift, beyond “Digital Transformation (DX)”.

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The founder and head of the QX Project, Masayoshi Terabe, will present about the vision and activities of QX at the IEEE Quantum AI Sustainability Symposium. The organizer “IEEE” is the world’s largest technical professional organization for the advancement of technology. In this talk, he will show how quantum computing can contribute to sustainability. For example, he will introduce the Quantum Sky project, which is a pilot experiment for developing flight routes for numerous air mobility vehicles by quantum computing. Also you can find other concepts like Quantum Smart City and Quantum Energy Management.

The objective of the QX Project is to create new value to the society by combining vast business fields of Sumitomo Corporation throughout its more than 900 consolidated companies, from underground to space, and an extensive number of business partners around the world.

A broad and deep ecosystem is necessary to achieve QX. This is because combining a wide range of technologies, not limited to quantum, and working with a crossover of various industries, is essential. If you are interested in this project, let’s take on the challenge of creating a new business, and a new society together!

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