IBM is challenging the Maryland Innovation Community to identify and bring forward entrepreneurs and innovators focusing on research, development, and commercialization efforts in Quantum Computing to establish a base inventory of market players and Quantum Information System workforce talent in Maryland. IBM wants to identify and engage with existing Quantum Computing offerings and promising use cases that can be further developed and supported by IBM in Maryland.
IBM is positioning resources to capitalize on the State of Maryland’s early position in Quantum Computing, and to build this region into the Silicon Valley of the Second Quantum Revolution.
Quantum computing (QC), and the broader Quantum Information Science (QIS) field, are entering a new phase of commercialization and application offering the promise to help solve previously unsolvable problems and provide answers to the previously unknowable. While Quantum computers will not replace their current counterparts, it will open new areas of exploration, development and commercialization for innovators and market participants. Initial use cases in life sciences, transportation, finance, and energy offer considerable promise for the application of quantum computing.
While Quantum computing is in its infancy, it is a viable technology that is demonstrating supremacy over classical computing, with computational power trillions of times faster than today’s most powerful super computers in certain calculations and potential use cases.
The greater national capital region, and the State of Maryland, are poised to capture market leadership in this evolving industry, with many critical assets important to success. IBM is looking at this region because it is home to many important private and public research organizations, the Federal Government policy leaders and the home of one of the world’s most important life science industry clusters.
We are in the “second quantum revolution” as NIST’s Carl Williams notes, with an international race where this technology will open new opportunities, new discoveries and markets for those capable of harnessing its power.