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Five Companies Leading The Way in Quantum Computing

Quantum Computing

Quantum computing is a technology that is transforming the business world and changing the landscape of the financial industries. Moving ahead into the next generation, quantum computing is taking the front seat in improving other technologies and further innovations by providing systems that help to make sense out of massive amounts of data for analysts to increase productivity, efficiency and to group larger volumes of data for analysis. It's helping us to move forward technologically at a faster rate than ever before across all industries known to man. Although there are still challenges to overcome, these mega systems are helping us to solve small problems as well as larger ones, such as understanding the Covid-19 virus better to learn the best ways to address its consequences. Quantum computing also helps us better understand demand and supply for strategic business planning, pricing, and related business activities. Here are five companies leading the way in quantum computing for 2021.

5. Atom Computing

Atom Computing is a company that specializes in the development of hardware with a focus on neutral atom quantum computers. This tech firm has recently made advancements in prototyping the first of these specific function machines and it also plans to provide cloud access to large volumes of data through the method of optically trapping and addressing individual atoms. It is an exciting time in the history of quantum computing with new and complex hardware control systems already being used in academic communities. The implications for future applications throughout the various industries of the world are exciting and as limitless as the imagination allows. If you're considering investing in new and upcoming technology startups, this one has a high potential for becoming one of the next mega giants in the technology industry.

4. Xanadu

Xanadu is a quantum technology company that was founded in 2016 in the country of Canada. It is one of the country's largest quantum technology companies and is currently focused upon its goal of achieving a universal quantum computer through the use of silicon photonic hardware. Xanadu operates a service called the Xanadu Quantum Cloud (QC), and it provides users with access through this service to near-term quantum devices. This company is also one o the readers in the development of an open-source software library for quantum application development and machine learning called Penny Lane.

3. ColdQuanta

ColdQuanta is a company that specializes in Quantum Core technology that it believes to be the next wave of the age of information. The business commercializes quantum atomics though is a technology that is based on ultra cooled atoms that are chilled to a frigid temperature that hovers at absolute zero. The system also works with lasers that manipulate the atoms and control them with the ultimate precision. ColdQuanta manufactures instruments, components, and turnkey systems for a wide range of applications, navigation, timekeeping, quantum computing, quantum communications, and radiofrequency sensor. It also develops and offers interface software. The company seres multiple major commercial and defense companies including the United States Department of Defense, all branches, NASA, NIST, the Department of Energy's national labs, major universities, and a host of others.

2. Zapata Computing

Zapata Computing is a company that works with enterprise teams to increase their quantum capabilities and solutions in empowering ways. Zapata developed a workflow-based toolset for quantum computing called Orquestra, which is an end-to-end system. It also produces a variety of classical resources and a range of simulators. The Orquestra program can integrate with IBM Quantium's open quantum systems including Qiskit, as well as Amazon Braket, and the Honeywell System Model HO1. The Orquestra platform links with Honeywell's Ho1 for enabling teams to compose, run and analyze complicated quantum-enabled workflow to work out difficult computational solutions and to do so at scale. The system is made for quantum machine learning, simulation problems, and optimization across multiple industries. Zapata is a company that has a bright future ahead and it has already secured contracts that will keep it in business in the years to come.

1. Azure Quantum

Azure Quantum is a company that recently appeared on the scene with an open ecosystem that provides access to a variety of quantum software applications, hardware, and more from the Microsoft Corporation and its partners, including QCI, IonQ, Honeywell, and 1QBit. The platform is scalable as well as sure. it provides continuity in adapting to the fast-changing quantum future with the potential for impacting the industry with its pre-built applications that are compatible with classical computers. Azure Quantum's partnership with the Microsoft Corporation lends a great deal of stability and promise for success in the future for investors who are assessing the viability of tech companies in the Quantum Computing niche of the tech industry.

Final thoughts

These are the five companies that are showing the greatest promise or becoming instrumental in leading us in a new wave of innovations as we proceed deeper through the age of information. They are the companies in the background that help to develop the technology that is necessary to compile and analyze massive volumes of data to assign meaning to the information for a variety of different business applications. Each of them has already made tremendous strides in providing useful hardware and some also work with software that can work with the amounts of information that seemed like a fairy tale just a decade ago. With the ability to process such high volumes of information, there are great implications for becoming more knowledgeable about how to tackle some of the biggest problems in society, in healthcare, in business, the financial sector, and basic operations. The potential for solving more mysteries both great and small exists within the quantum computing technologies that are helping us to make sense of the information that is currently available by blending it with other technologies such as AI, Business intelligence, and other fantastical technologies.

Allen Lee

Written by Allen Lee

Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. Currently, Lee is practicing the smidgen of Chinese that he picked up while visiting the Chinese mainland in hopes of someday being able to read certain historical texts in their original language.

Read more posts by Allen Lee

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