Hi, welcome to the AiThority Interview Series. Please tell us a bit about yourself and what is D-Wave.
I am Dr. Alan Baratz, President and CEO of D-Wave (NYSE: QBTS).
D-Wave is a leader in quantum computing technology and the world’s first commercial supplier of quantum computers. Our technology has been used by some of the world’s most advanced organizations, including Volkswagen, Mastercard, Deloitte, Siemens Healthineers, Pattison Food Group Ltd, DENSO, Lockheed Martin, the University of Southern California, and Los Alamos National Laboratory.
How do you see the quantum, computing market shaping in 2024?
The global quantum computing market is rapidly growing and some market analysts project it will reach upwards of 6 billion + by the end of this decade. As 2023 closes, it would be interesting to see how quantum computing influences 2024. The future of quantum computing would largely relate to a rapid government adoption, the future of work, and quantum supremacy.
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Will the economic recession affect the quantum computing industry in 2024?
With economists projecting a shallow recession in 2024, organizations will seek new technologies, such as quantum computing, to navigate adversity and bolster business resilience. Quantum technologies can accelerate problem-solving and decision-making for a wide range of common organizational processes, such as supply chain management, manufacturing efficiency, logistical planning, and employee scheduling. Amidst a challenging economic environment, quantum’s ability to fuel operational efficiencies is critical.
How can organizations achieve supremacy with quantum computing in 2024?
The industry will achieve a proven, defensible quantum supremacy result in 2024. Ongoing scientific and technical advancements indicate that we are far from achieving quantum supremacy. 2024 will be the year where quantum definitively outperforms classical, full stop. There will be clear evidence of quantum’s ability to solve a complex computational problem previously unsolvable by classical computing, and quantum will solve it faster, better, and with less power consumption.
The breakthrough we’ve all been pursuing is coming.
What would be the role of the US government in pushing the bar higher in quantum computing innovations and adoption?
The US government’s usage of annealing quantum computing will increase given the anticipated passing of legislation including the National Quantum Initiative and the National Defense Authorization Act. 2024 will see a rapid uptick in the quantum sandbox and test bed programs — with directives to use all types of quantum technology, including annealing, hybrid, and gate models. These programs will focus on near-term application development to solve real-world public sector problems, from public vehicle routing to electric grid resilience.
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Could you define the international alliance needed to expand quantum computing?
The global quantum race will continue to heat up, as the U.S. and its allies aggressively push for near-term application development. While the U.S. is now starting to accelerate near-term applications, other governments like Australia, Japan, the U.K., and the E.U. have been making expedited moves to bring quantum in to solve public sector challenges. This effort will greatly expand in 2024.
Top public sector areas of focus will likely be sustainability, transportation and logistics, supply chain, and health care.
In 2024, what would be the impact of quantum computing technology and applications on the future of work?
Quantum computing will show proven value and utility in daily business operations through in-production applications.
As we close 2023, companies are beginning to go into production with quantum-hybrid applications, so it’s no stretch of the imagination to see corporations using quantum solutions daily for ubiquitous business challenges such as employee scheduling, vehicle routing, and supply chain optimization. In time, it will become a part of every modern IT infrastructure, starting with the integration of annealing quantum computing.
Thank you, Dr. Alan! That was fun and we hope to see you back on AiThority.com soon.
[To share your insights with us, please write to sghosh@martechseries.com]
Dr. Alan Baratz became the CEO of D-Wave in 2020. Previously, as Executive Vice President of R&D and Chief Product Officer, he drove the development, delivery, and support of all of D-Wave’s products, technologies, and applications. He has over 25 years of experience in product development and bringing new products to market at leading technology companies and software startups.
As the first president of JavaSoft at Sun Microsystems, Alan oversaw the growth and adoption of the Java platform from its infancy to a robust platform supporting mission-critical applications in nearly 80 percent of Fortune 1000 companies. He has also held executive positions at Symphony, Avaya, Cisco, and IBM. He served as CEO and president of Versata, Zaplet, and NeoPath Networks, and as a managing director at Warburg Pincus LLC. Alan holds a doctorate in computer science from the Massachusetts Institute of Technology.
D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. We are the only quantum computing company that builds and delivers quantum systems, cloud services, application development tools, and professional services to support the end-to-end quantum journey.
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