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Quantum Computing

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IBM's Collaborative Q Network

Quantum Computing Patent Forecast®

July 23, 2020

On July 17, 2020, Cambridge Quantum Computing (CQC) became a Quantum Hub in IBM’s Q Network. The Q Network is a network of companies, academic institutions, and research labs with access to IBM’s advanced quantum computing systems and development tools and the goal of bringing quantum computing to the mainstream through collaboration. CQC joined IBM’s Q Network as a member back in 2018, allowing them to run experiments and algorithms on IBM’s quantum computers over the cloud.

CQC and IBM have both benefited greatly from the collaboration, including CQC receiving significant investment from IBM on February 10, 2020. Now, CQC is joining the ranks of Keio University, Oak Ridge National Laboratory, Los Alamos National Laboratory, NC State University, and others to expand membership of the Q Network. As a Quantum Hub, CQC will grant its member organizations access to some of the most advanced quantum computers in the world for use in chemistry, finance, optimization, machine learning, neural language processing, and security applications. And even better, CQC is unique among the Quantum Hubs in that it offers a six-month access term to its clients. This unique shorter-term period is an excellent on-ramp for corporations to get involved with quantum computing.

With 176 issued quantum computing patents, IBM is a giant in this space. But even IBM cannot do everything alone. IBM’s Q Network is a community developed to help overcome IBM’s shortcomings by matching their institutional expertise and advanced quantum computers with talent in companies across the world. By giving CQC a larger role as a Quantum Hub, IBM is fulfilling their promise of making quantum computing a joint effort.

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