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New Examine: Greater than Two-thirds of Quantum-Adopting International Enterprises Devoted at Least $1M to Quantum Computing Initiatives in 2022; to 2.5x Improve Over 2021

BOSTON–(BUSINESS WIRE)–Zapata Computing, a number one enterprise quantum software program firm, at present introduced the findings from its Second Annual Report on Enterprise Quantum Computing Adoption. The report reveals a deepening dedication from enterprises that factors to a maturing business with widespread, international curiosity and elevated urgency concerning post-quantum cybersecurity threats.

The rising curiosity in quantum is translating into spending, demonstrated by the bulk (71%) of quantum-adopting enterprises surveyed having present quantum computing budgets of greater than $1 million. This discovering represents a 2.5X enhance over 2021, the place solely 28% of quantum-adopting respondents indicated that that they had a quantum computing price range of greater than $1 million.

Contemplating this net-positive shift in budgets, it is no shock that 74% of enterprise leaders have adopted or are planning to undertake quantum computing. Apparently, practically a 3rd (30%) of respondents who’ve adopted or plan to undertake quantum computing anticipate to see a aggressive benefit as a result of quantum computing inside the subsequent 12 months. This represents greater than a sevenfold enhance year-over-year from 2021 (4%) and highlights the rising dedication to near-term quantum computing initiatives because the know-how continues to mature.

“We’re getting a singular glimpse into the quantum adoption mindset of worldwide enterprise executives, which mirrors what we’re seeing in our buyer base,” stated Christopher Savoie, CEO and Co-founder of Zapata Computing. “These findings turn out to be extra fascinating when in comparison with the info we noticed final yr. Over the previous 12 months, we have seen important new developments in know-how, significantly generative AI, and near-term benefits from quantum-inspired applied sciences which can be fueling the momentum for quantum computing planning and adoption. Consequently, extra enterprises are exploring what’s potential with the hybrid quantum classical computing capabilities of at present and the way the potential of quantum computing could affect their aggressive place — and in the end their enterprise outcomes.”

Extra key findings from the research embody:

  • Machine Studying and Knowledge Analytics Proceed to Be the Main Quantum Use Circumstances: Past one-off experiments, enterprises are targeted on well-defined use circumstances and issues, with 71% of quantum-adopters indicating they have been targeted on machine studying/information analytics issues, up from 55% in 2021.
  • Vendor Lock-in Issues Are Practically Common: Practically all (91%) respondents point out they’re involved about vendor lock-in, which turns into a priority when a know-how is on the verge of getting used to deal with real-world, commercial-grade challenges. It is too early to inform which {hardware} structure will prevail, and adopters are cautious of implementing a paradigm that is probably not one of the best for his or her wants in the long run.
  • Submit-Quantum Cybersecurity Threats Loom Giant: Along with being the largest problem to quantum adoption cited by respondents, practically two-thirds (65%) of respondents are extraordinarily or very involved about post-quantum cryptography (PQC), and 63% of respondents are actively working with a vendor to organize. The considerations mirror each the magnitude of the risk posed by quantum computer systems and the absence of clearly dependable options.
  • Integration Challenges Stay an Impediment to Adoption: The complexity of integrating quantum computing with present IT stacks fell simply behind safety considerations as the highest hurdle to quantum adoption. The persistence of this problem was additionally mirrored by the highest issues for choosing quantum distributors, with 51% prioritizing easy-to-use options and 50% prioritizing simple integration with present IT.
  • Expectations of Higher Enterprise Outcomes Drive Quantum Adoption: The highest motivation for exploring quantum computing is driving higher efficiency and enterprise outcomes, with 70% of quantum-adopting respondents citing this motivation, up from 60% in 2021.
  • Enterprises Get Tactical about Quantum Adoption: Enterprises are taking tactical steps to make quantum computing a actuality, with respondents noting that they’re constructing new functions (48%), operating experiments on quantum {hardware} or simulators (62%), and experimenting and constructing proofs of idea (51%) . Every of those steps noticed elevated exercise by enterprises in 2022 in contrast with the earlier yr. The most important shift was in direction of operating experiments on quantum {hardware}, which grew from 48% of enterprises in 2021 to 62% on this yr’s research.
  • Quantum Adoption Outpaces AI Adoption: Enterprise leaders say they’re adopting quantum know-how extra shortly than they did synthetic intelligence (AI). Practically half (49%) of respondents say they’re deploying quantum extra shortly than they did with AI, with solely 17% indicating they’re taking a slower tempo.

For a full copy of the Second Annual Report on Enterprise Quantum Computing Adoption, please go to: www.zapatacomputing.com/enterprise-quantum-adoption-2022.

About Zapata Computing

Zapata Computing, Inc. is a number one enterprise quantum software program firm. The Firm’s Orchestra® platform helps the analysis, improvement, and deployment of quantum-ready functions® for enterprises’ most computationally advanced issues. Zapata has pioneered new strategies in ML, optimization, and simulation to maximise worth from near-term quantum gadgets, and works intently with ecosystem {hardware} suppliers resembling Amazon, D-Wave, Google, NVIDIA, Quantinuum, IBM, IonQ and Rigetti. Zapata was based in 2017 and is headquartered in Boston, Massachusetts. For extra data, go to www.zapatacomputing.com.

About The Second Annual Report on Enterprise Quantum Computing Adoption

The research was commissioned by Zapata Computing and performed by Wakefield Analysis in November 2022. It consists of the responses of 300 decision-maker-level leaders at giant international enterprises (CIOs, CTOs and different VP-level and above executives) with estimated 2022 revenues of over USD $250 million, and estimated computing budgets over $1M. Respondents have been recruited solely by Wakefield Analysis, screening just for enterprise measurement, income, estimated computing price range, and seniority stage — they weren’t recruited from Zapata contacts.

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