"While artificial Intelligence reaches a fever pitch, quantum computing is emerging as the next great technological transformation, with an estimated value of $850 billion by 2040. UNESCO even named 2025 the International Year of Quantum Science and Technology. If Europe seizes this opportunity, quantum computing has the power to be a genuine differentiator for the continent, and shape our economy, and world, for the better."
"This month, IBM will launch Europe's first IBM Quantum System Two, our most advanced quantum computer, at the IBM-Euskadi Quantum Computational Center in San Sebastian, Spain. Getting there will require a policy strategy that favors technological neutrality, harnesses open-source software, prioritizes funding for algorithm and application development research, and has a low barrier of access. Thankfully, Europe's strong leadership in the physical sciences and technical expertise provides the perfect springboard."
IBM will launch Europe's first IBM Quantum System Two at the IBM-Euskadi Quantum Computational Center in San Sebastian, Spain. Quantum computing is poised to become a major technological shift, with an estimated value of $850 billion by 2040 and UNESCO naming 2025 the International Year of Quantum Science and Technology. Strategic policy should favor technological neutrality, open-source software, funding for algorithm and application development, and low barriers to access. Europe's leadership in the physical sciences and technical expertise offers a strong foundation. Quantum can solve problems beyond classical capability, including molecular simulation for drug discovery and large-scale optimization in finance and logistics. HSBC showed empirical value in bond-trading algorithms, and E.ON is exploring quantum for energy pricing.
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