D-Wave Joins Forces with Deloitte Canada to Advance Quantum Adoption
23 Januar 2024 - 1:01PM
Business Wire
New alliance focuses on joint go-to-market
activities to bring near-term quantum technology to Canadian
government and businesses
D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing
systems, software, and services and the world’s first commercial
supplier of quantum computers, is pleased to announce a new
strategic alliance with Deloitte Canada to expedite the exploration
and adoption of quantum computing solutions among governments and
businesses in Canada. Deloitte is a global leader in serving the
public sector, and this collaboration with D-Wave aims to
accelerate the adoption of near-term quantum technologies, such as
annealing quantum computing and quantum-hybrid, to tackle key
computationally complex challenges faced by the public sector in
Canada.
“D-Wave has been working with Deloitte in the United States on a
variety of different use cases related to transportation and
national security,” said Irwan Owen, vice president of growth for
D-Wave. “We are excited to be expanding our relationship into
Canada and bringing the computational power of quantum to help
transform the Canadian government’s operations and fuel
innovation.”
Deloitte and D-Wave view the power of quantum computing as
transformational for governments. From optimizing infrastructure
and transportation to addressing the needs of citizens through a
more reliant energy grid and improved emergency response, there are
a variety of public sector problems facing Canada that could
benefit from today’s quantum computing technologies. Quantum
computing works synergistically with other technologies including
cloud, artificial intelligence, and high-performance computing,
allowing for greater computational power to solve complex problems.
This strategic alliance brings together the well-established
professional services of Deloitte with the quantum expertise of
D-Wave to align with the Canadian national quantum strategy.
“Governments have the challenging mandate to deliver services to
industry and citizens in an increasingly complex and changing
environment. Emerging technologies, such as quantum computing, can
play an important role,” said Andrew Pau, transport sector leader
for the government and public services (G&PS) industry at
Deloitte Canada. “We’re excited to join forces with D-Wave to lead
a transformational shift that will more effectively address
Canada’s toughest problems, especially those in transportation and
logistics, to drive efficiencies, sustainability, and prosperity
for Canada.”
About D-Wave Quantum Inc.
D-Wave is a leader in the development and delivery of quantum
computing systems, software, and services, and is the world’s first
commercial supplier of quantum computers—and the only company
building both annealing quantum computers and gate-model quantum
computers. Our mission is to unlock the power of quantum computing
today to benefit business and society. We do this by delivering
customer value with practical quantum applications for problems as
diverse as logistics, artificial intelligence, materials sciences,
drug discovery, scheduling, cybersecurity, fault detection, and
financial modelling. D-Wave’s technology has been used by some of
the world’s most advanced organizations including Mastercard,
Deloitte, Davidson Technologies, ArcelorMittal, Siemens
Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd.,
DENSO, Lockheed Martin, Forschungszentrum Jülich, University of
Southern California, and Los Alamos National Laboratory.
Forward-Looking Statements
Certain statements in this press release are forward-looking, as
defined in the Private Securities Litigation Reform Act of 1995.
These statements involve risks, uncertainties, and other factors
that may cause actual results to differ materially from the
information expressed or implied by these forward-looking
statements and may not be indicative of future results.
Forward-looking statements in this press release include, but are
not limited to, statements regarding anticipated results of the
collaboration between D-Wave and Deloitte. These forward-looking
statements are subject to a number of risks and uncertainties,
including, among others, various factors beyond management’s
control, including the risk that the collaboration does not produce
the anticipated results; general economic conditions and other
risks; our ability to expand our customer base and the customer
adoption of our solutions; risks within D-Wave’s industry,
including anticipated trends, growth rates, and challenges for
companies engaged in the business of quantum computing and the
markets in which they operate; the outcome of any legal proceedings
that may be instituted against us; risks related to the performance
of our business and the timing of expected business or financial
milestones; unanticipated technological or project development
challenges, including with respect to the cost and/or timing
thereof; the performance of our products; the effects of
competition on our business; the risk that we will need to raise
additional capital to execute our business plan, which may not be
available on acceptable terms or at all; the risk that we may never
achieve or sustain profitability; the risk that we are unable to
secure or protect our intellectual property; volatility in the
price of our securities; the risk that our securities will not
maintain the listing on the NYSE; and the numerous other factors
set forth in D-Wave’s Annual Report on Form 10-K for its fiscal
year ended December 31, 2022 and other filings with the Securities
and Exchange Commission. Undue reliance should not be placed on the
forward-looking statements in this press release in making an
investment decision, which are based on information available to us
on the date hereof. We undertake no duty to update this information
unless required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20240123852237/en/
D-Wave Alex Daigle media@dwavesys.com
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