The financial services industry may realize great value from quantum capabilities such as quantum-improved machine learning, optimization, and Monte Carlo simulations. Quantum approaches will enable more complex optimizations, larger data sets, and improved machine learning model efficiency and accuracy.

Challenges to overcome

• Competitive markets: Firms must navigate cutthroat security markets, large numbers of assets, and ever-evolving uncertainty within asset markets. Quantum offers efficiency improvements to address these areas.
• Balancing risk: Balancing risk on multiple fronts—such as compliance risk, liquidity risk, and cybersecurity—requires enhanced computational capabilities.
• Big-data capabilities: As firms turn to artificial intelligence (AI) and machine learning models to drive value, they must handle increasingly large and complex data sets.

Client proofs of concept

• Multinational banks have dedicated quantum research and development teams focused on understanding and improving finance-focused use cases.
• One financial services client has a lab to investigate quantum technologies and how quantum can improve outcomes over classical computation.

Viable use cases

• Machine learning for asset pricing
• Monte Carlo for risk management
• Optimization for portfolio management

Quantum has the potential to revolutionize the way life sciences companies conduct molecular research and discovery by improving their abilities to simulate and model on a subatomic level. Quantum will also greatly enhance analytical and machine learning capabilities that are critical to many aspects of businesses in the industry.

Challenges to overcome

• Complex molecular interactions: Molecular simulations require highly complex computations that are sometimes inefficient or impossible to run on classical hardware.
• High-dimensional medical data sets: As medicine has become increasingly data-driven, data sets have become increasingly complex and large. Training learning models and sorting this data proves challenging for classical approaches.
• Classification of scanned images: To provide timely diagnoses and effectively treat patients, medical professionals must manually review scans and imaging as classical methods cannot confidently determine a diagnosis.

Client proofs of concept

• We are helping a client explore how quantum technology can enhance their drug discovery process.
• For another client, we are developing a full-stack quantum computer for drug development.

Viable use cases

• Medical image classification
• Patient trial prediction
• Drug manufacturing optimization

These industries continue to face new and old challenges made complicated by an enormous number of factors.

Challenges to overcome

• Supply chain: As consumer trends, routing, delivery, and market conditions change, so do the necessary production volumes needed to meet demand. Forecasting these fluctuations accurately and responding quickly are vital.
• Automotive: From repairs to body design to battery development, this industry needs tools to accurately pinpoint problems and develop precise solutions—things in which quantum can improve outcomes.
• Manufacturing: From shipping to manufacturing to logistics, our supply chain continues to grow in complexity, and manufacturing continues to look for ways to optimally use resources.

Client proofs of concept

• Our automotive clients are trying to find algorithms to combat challenges such as material deformation. Others will use quantum for new ways to develop batteries.
• Our shipping industry clients are looking for ways to improve efficiency and save cost using quantum computing.

Viable use cases

• Machine learning for quality control
• Optimization for resource allocation

Governments around the world are investing millions of dollars into quantum research. Additionally, many universities and public-sector industries continue cutting-edge research into quantum computing.

Challenges to overcome

• Defense and security: Given the potential national security implications and possible competitive advantages, governments are racing to outcompete potential quantum adversaries by funding programs and organizations in the space.
• State and local governments: Supported by government grants and other investments, many universities and education institutions are focusing on research and commercialization of quantum technologies thanks to their existing research resources.
• Research institutions: Research institutions have begun awarding grants to startups specifically for quantum technologies, in addition to their own research work.

Examples of government investments

• China has invested $10 billion to date in quantum technologies.
• The United States has enacted a $1 billion fund to establish AI and quantum centers nationwide.

Viable use cases

• Defense: Military navigation; chemical/drug research and development; weather forecasting; supply chain
• Higher education: Materials sensing; communications; quantum processors
• Research institutions: Optimization; quantum simulations, speed-ups, and protocols

Develop a comprehensive quantum computing strategy and implementation roadmap tailored to your organization’s goals and capabilities.

We can help:

• Provide orientation session(s) on quantum computing.
• Inventory and prioritize use cases.
• Assess workforce readiness.
• Develop a strategic roadmap for exploration and development.

Demonstrate the feasibility and potential impact of quantum computing through a targeted proof of concept.

We can help:

• Define requirements for a proof of concept.
• Determine an appropriate quantum approach.
• Design architecture and develop quantum algorithms and models.
• Analyze and refine results.

Provide comprehensive training and onboarding to equip your organization’s workforce with the necessary skills and knowledge in quantum computing.

We can help:

• Provide hands-on support with dedicated office hours.
• Lead persona-based training for quantum information science.
• Deliver webcasts and videos demonstrating capabilities.

Conduct cutting-edge research to explore new frontiers in quantum computing and drive innovation.

We can help:

• Develop and customize quantum algorithms and/or research.
• Integrate quantum technology into existing IT landscapes.
• Integrate quantum technology into existing solutions.