Zapata Computing Releases Global Quantum Adoption Report on Enterprise

BOSTON, January 6, 2022 – Quantum computing has moved from the edges to the core of the digital transformation agenda, according to a new global study. ”The First Annual Report on Enterprise Quantum Computing Adoption”Commissioned by Zapata Computing, Inc.a leading enterprise quantum software company.

Quantum computing has become a priority, as 74% agree that those who fail to adopt quantum computing will be late. Those who want to avoid delays are short on time: among companies that have begun to build quantum capabilities, 41% expect to gain a competitive advantage – a lead over peers in their industry – within the next two years, while at the top. 12% of adopters expect to gain some competitive advantage within a year – or already have.

“Today, more organizations are realizing that quantum computing is the next limit in their data analytics capabilities, and if they don’t want to lag behind, they need to start building the infrastructure, applications, and workforce for quantum computing today,” he said. Christopher Savoie, CEO of Zapata. “We are already seeing the leaders in quantum adoption separate themselves from the rest of the set. They are beginning to build solutions that strategically utilize today’s quantum devices within mostly classical applications. Those who are ahead are not just investing in quantity to avoid losing – they are playing to win. “

Below are some of the main findings of the report:

Machine Learning and Data Analysis are the Top Quantum Use Cases

This is especially true in the United States, where 71% of respondents are most interested in using quantum computing to address machine learning and data analysis. Machine learning is the most likely use case to deliver short-term value for the enterprise, as areas where classic ML struggles – such as generic models in uncontrolled and semi-controlled learning for increasing databases in predictive models – are more suitable for quantum devices.

28% of Global Quantum Computing Budgets Over $ 1 Million

Organizations are expanding their quantitative investment significantly beyond the ~ $ 100K R&D budgets of the past, representing a turning point in adoption. The earliest adopters of new technologies are more than twice as likely to invest more than $ 1 million in quantum computing than their late adopters (37% vs. 13%).

Organizations Need Quantum Vendors, But Are Concerned About Lockdown

Given the complexity of quantum computing and a limited set of qualified talent, a whopping 96% of respondents agreed that they could not successfully adopt quantum computing without the help of a trusted vendor. However, 73% of respondents were concerned about foreclosure with a full-fledged quantum seller, while 47% were very or extremely concerned. Related to this, prior compatibility was the main consideration when choosing a quantitative vendor. This requires a hardware-agnostic, interoperable approach to quantum adoption.

Complexity Is the Greatest Barrier to Quantum Adoption

49% of respondents perceived that the biggest obstacle to quantum adoption was the complexity of integrating quantum computing with their existing IT stack. Quantum computing will always exist in a hybrid model with classical computing, and almost any near-term access to quantum devices will be remote. Managing this complexity requires new workflows to direct the integration of quantum and classical resources. Other major obstacles included security concerns, a lack of existing advanced skills (AI / ML) to build, a lack of talent or expertise, and a lack of clear use cases.

United States Leads in Quantum Adoption

36% of leaders surveyed at U.S. organizations are in the early or advanced stages of quantum adoption, with 12% of those organizations expecting to gain a competitive advantage within a year or have already achieved an advantage. The United States also leads in quantum investment, with 44% of quantum-adopter organizations budgeting more than $ 1 million for the technology.

Quantum Adoption Is Highest In The Transportation Industry

63% of respondents in the transportation industry are in the early stages of quantum adoption, the highest for any industry. This could be a response to the ongoing supply chain crisis, as quantum computing has enormous potential to optimize shipping and logistics networks.

Methodology: The survey was conducted in partnership with Wakefield Research and is based on responses from 300 leaders (CIOs, CTOs and other VP-level and senior executives) at large global companies with an estimated 2021 revenue of more than $ 250 million, and an estimated computer budgets over $ 1. M. The full report is available at: https://www.zapatacomputing.com/enterprise-survey.

About Zapata Computing

Zapata Computing, Inc. builds quantum-ready applications for enterprise on Orquestra, the only computer workflow platform for quantum computing. Orquestra integrates best classical and quantum technology, including Zapata’s cutting-edge algorithms, open source libraries in Python, and more. Zapata has pioneered new quantum classical methods in ML, optimization and simulation to maximize value of upcoming quantum devices, and is partnering closely with hardware vendors across the quantum ecosystem such as Amazon, D-Wave, Google, Honeywell, IBM, IonQ and Rigetti. Learn more at ZapataComputing.com.


Source: Zapata Computing, Inc.

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