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Anaqor featured in GQI report on "Cloud Services for Quantum Computing"

Insights

December 18, 2023

Summary:

The report on cloud services for quantum computing by Global Quantum Intelligence features Anaqor as a key highlight among 28 companies active in the space of quantum computing. It highlights the growing demand and diverse applications of these services and emphasizes the expansive user base, including students, academics, and professionals, and the increasing interest from sectors like finance, pharmaceuticals, energy, and logistics. The report discusses the synergy between cloud services and the Quantum Computing Stack, detailing different cloud service models like Platform as a Service (PaaS), Platforms Aggregators, Algorithms as a Service (AaaS) and Software as a Service (SaaS). It also addresses challenges in integrating quantum and classical computing, optimizing quantum algorithms, and developing industry-specific applications. Key quantum cloud services landscape developments are analyzed, providing insights into current trends and future directions. The report combines a technical deep-dive into applications, algorithms and framework descriptions as well as a comprehensive analysis of 28 companies active in the space.

Download the report here (PDF, 5.1 mb)

What's inside:

Cloud-based quantum computing services are attracting a diverse range of users, including students, academics, and the general public. The ease of access to these services is democratizing quantum computing, fostering increased innovation and interest.

1. Professional Services and Consultancy

Professional service firms are increasingly offering consultancy and proof-of-concept development in quantum computing.
These firms play a crucial role in spreading quantum computing across various industries by providing expert guidance and custom solutions.
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2. Industry-Specific Applications

Industries like finance, pharmaceuticals, energy, and logistics are exploring quantum computing's potential in areas such as optimization problems and molecular dynamics simulations.
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For instance, the financial sector is investigating quantum computing for risk assessment and fraud detection, while the pharmaceutical industry is looking into accelerating drug discovery.
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3. Synergy with the Top Stack

Cloud services for quantum computing are closely linked with the Top Stack of the GQI’s Quantum Computing Stack framework.
This framework has become a standard for benchmarking and discussions in the quantum computing industry.
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4. Layered Architecture

The interconnection between cloud services and the Top Stack is based on a layered architecture that interfaces closely with the User Community.
Key layers include the Framework (Hybrid) Layer, Algorithms Layer, and Applications Layer.
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5. Strategic Roles and Models

The report identifies four main strategies for cloud services in quantum computing:

Platform as a Service (PaaS): Offered by hardware providers to monetize computational time.
PaaS Aggregators: Provide a consolidated platform with various hardware options.
Emerging Algorithms as a Service (AaaS): Focus on developing quantum algorithms.
Emerging Software as a Service (SaaS): Develop applications and algorithms for specific business issues.
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Challenges

The development of cloud services faces challenges at various layers:

Framework (Hybrid) Layer: Integration of quantum and classical systems.
Algorithms Layer: Creation and optimization of quantum algorithms within current hardware limitations.
Applications Layer: Tailoring quantum solutions to specific industry problems.
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Future Developments

The report raises questions about future developments in the quantum cloud services sector, such as:

Balancing machine calibration with monetization.
Enhancing PaaS platforms.
Bridging gaps in AaaS.
Translating theoretical advantages into real-world applications in SaaS.
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Download the report here (PDF, 5.1 mb)

Michael Falkenthal

Co-Founder & CTO

michael.falkenthal@anaqor.io

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