D-Wave Quantum Inc. (NYSE: QBTS) has announced the results of a new study revealing business expectations for return on investment (ROI) from quantum optimization efforts. Conducted by Hyperion Research on behalf of D-Wave, the study polled over 300 commercial quantum computing enterprise decision-makers. It indicates that businesses actively using quantum computing anticipate an ROI of 10 to 20 times their investment in quantum optimization initiatives. This includes an expectation of $60 to $65 million in benefits per user for an annual commitment of $3 to $6 million, with a combined potential positive financial impact estimated to reach up to $51.5 billion.
The 2024 survey, announced at D-Wave’s global Qubits 2024 user conference, also highlights an increase in quantum adoption planning. Specifically, 21% of respondents are either currently using or planning to deploy quantum technology into production within the next 12 to 18 months, representing a 50% increase compared to findings in Hyperion Research’s 2022 report. Respondents identify enhancing business process efficiencies (24%), increasing revenues (20%), and driving innovation (14%) as the top anticipated benefits of quantum optimization. Key focus areas for these benefits include finance (17%), supply-chain management (16%), and manufacturing (14%).
The study identified performance improvements on key workloads as the most significant organizational driver for quantum computing adoption. D-Wave CEO Dr. Alan Baratz commented that businesses are actively pursuing quantum solutions for their real-world problems, with the data suggesting a shift in mindset regarding the readiness of quantum optimization to deliver benefits. This indicates a recognition among enterprises that quantum computing is advancing as a tool for business improvement.
Read the full press release here and download the full survey results here.
June 21, 2024
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