Dr. Corey O'Meara’s Post

I’m extremely proud to see the results of the joint E.ON and IBM work on the potential of quantum computing to improve energy portfolio risks featured in both IBM’s “The Quantum Decade” and Forbes!    Our team has put in a great effort to explore the potential of applied quantum computing for energy transition challenges. Weather-related risk mitigation is crucial not only to E.ON’s business model but also to secure energy price affordability. In collaboration with IBM Quantum, we have implemented quantum computing strategies to conduct complex Monte Carlo simulations across various factors like locations, contracts, and weather conditions.   At E.ON, we are committed to driving innovation and shaping the future of energy. Our quantum computing research is just one example of how we continuously advance the boundaries to create a sustainable and efficient energy world for all.   Access IBM’s “The Quantum Decade” https://lnkd.in/dTjqRRe8   Read the full Forbes article https://lnkd.in/d7HB_KrK   #eon #eondigitaltechnology #welovetechnology #quantumcomputing Gabriele Agliardi Kavitha Yogaraj Kumar Ghosh Dr. Corey O'Meara Naeimeh Mohseni Piergiacomo Sabino Marina Fernández Fernández-Campoamor Dr. Juan Bernabe Moreno Francesco Tacchino Antonio Mezzacapo Omar Shehab Raja Hebbar

It wouldn't be the Quantum Decade without the many clients and industry experts who contributed insights, experiences, and challenges in their quantum journey! The 4th edition of the IBM Institute for Business Value's Quantum Decade book features 10 client case studies and 9 industry guides. Find how quantum can help your industry's most challenging problems at https://lnkd.in/e_QE_VES

🌐🔍 Exciting Quantum Insights Unveiled! 🚀 The 2024 State of Quantum report, a collaboration between IQM Quantum Computers, OpenOcean, Lakestar, and The Quantum Insider (TQI), delves into the pulse of business leaders' readiness for quantum technology. 🔬 Key Findings: Rapid Quantum Advancements: The quantum computing landscape is evolving swiftly, marked by significant breakthroughs in both hardware and software, making it a pivotal asset for organizations eyeing quantum investments. Bridging the Gap: Insights provided on how quantum-focused firms can align the pace and direction of quantum technological development with immediate customer needs, encouraging exploration of alternative computing approaches. Investment Trends Exploration: The report delves into current investment trends, probing the question of whether we are in a "quantum winter," and examines investor sentiment in the quantum realm. Operational Quantum Insights: Analysis of the delivery of operational quantum computers, both on-site and cloud-based, shedding light on the actual utilization of quantum computing by corporations. Industry-Specific Focus: Exploration of industry-specific areas, introductory use cases, internal investments, challenges, and barriers faced by corporations in integrating quantum computing. 📊 Data-Driven Insights: Leveraging data from the quantum market and engaging in valuable discussions with thought leaders in Q4 2023, the report offers a comprehensive overview of the quantum landscape. Unlock the future of quantum with strategic insights! 🌐💡 #QuantumComputing #TechInnovation #FutureTech2024

📰 News: 📰 --- Quantum Computing: The Game-Changer for SMB Efficiency 🚀 Have you ever wondered how quantum computing could revolutionize your business? As our world steadily moves towards a digital era, exploring quantum solutions has never been more critical for Small and Medium Businesses -SMBs-. Let's dive into the numbers and see why quantum computing might just be the differential factor your business needs to leap ahead. 🌟 --Why Quantum Computing Now?-- Quantum computing offers unparalleled capabilities in solving complex problems and optimizing tasks, which can significantly boost efficiency and innovation in SMBs. - 🌍 --Global Market Growth:-- The quantum computing market is expected to grow from $472 million in 2021 to $1.76 billion by 2026. - 📊 --Efficiency Gains:-- Studies show that quantum algorithms can speed up data processing by up to 100 times compared to classical computing. Imagine what this could mean for your bottom line. - 💡 --Innovative Potential:-- Businesses leveraging quantum technologies have a 60% higher chance of being first-to-market with new innovations. 💬 Let's create a conversation! How do you see quantum computing transforming your industry? Comment below with your thoughts and follow Spin Quantum Tech for more insights and updates on this revolutionary technology. #Future #Futurism #Innovation #Business #ArtificialIntelligence #QuantumComputing #SQT https://lnkd.in/eu4F9zZE

Today, IonQ is excited to once again collaborate with the team from Oak Ridge National Laboratory (ORNL) in our pursuit to develop and test real-world quantum applications, this time focusing on U.S. power grid modernization. The U.S. power grid is faced with numerous challenges in the form of increased energy demand, aging infrastructure, and overall security. This project, funded by the Department of Energy’s Grid Modernization Initiative and supported by ORNL’s Quantum Computing User Program, provides ORNL with access to IonQ’s state-of-the-art quantum computers for testing real-world applications, like control of the power grid, that provide valuable insights into their readiness and impact. Read more about today’s research initiative here: https://lnkd.in/e_-zR_j4 #gridmodernization #quantumcomputing #quantum #ORNL #IonQ #DOE

As we move into the second half of the year, it’s time to reflect on the work we have done so far at E.ON Digital Technology to grow better with #QuantumComputing technology and shape a #sustainable energy future through #innovation and strategic partnerships.    ✔︎One of the highlights was the IBM Quantum Partner Forum 2024 in Milan, where we connected with leading experts to discuss quantum applications in various industries and share our collaborative learnings from the #EnergySector.    ✔︎Another important milestone was the kick-off of a quantum computing working group focused on sustainability and energy transition research. With other quantum experts, we aim to design quantum computing and hybrid solutions to address #sustainability challenges in materials and energy. (https://lnkd.in/dX3WJVhx)    ✔︎Winning the Quantum Computing Innovator of the Year 2024 at the @AI Summit London was a significant achievement for our team (https://lnkd.in/dT4Vv7zp), and we also had a fantastic opportunity to present the use cases of quantum computing at E.ON that aim to make the grids smarter and more sustainable for the energy transformation (https://lnkd.in/dszhCb8R).      ✔︎On top of that, E.ON & IBM's joint work in #QuantumComputing research was featured in The Quantum Decade, a must-read for business decision-makers aiming to create business value the moment quantum computers come of age. Available as a free digital download here: https://lnkd.in/dTjqRRe8     ✔︎And finally, E.ON & IBM have recently extended a partnership contract until 2026! The advancements we’ve seen this year underscore the vast potential of quantum computing to revolutionise the energy sector. With the combination of innovative technology, more research and forging strategic partnerships with other players, we can pave the way for creating a sustainable future and are looking forward to seeing the results of our collaboration.    Stay tuned for more developments in the quantum computing space and join us as we continue to explore the incredible possibilities of quantum to drive the future of energy together!    #data_on #WeLoveTechnology #ItsOnUs     

📰 News: 📰 --Embrace the Quantum Leap: Why SMBs Should Start Exploring Quantum Solutions Now-- 🚀 In today's rapidly evolving technological landscape, quantum computing is not just a buzzword—it's a catalyst for transformative change. Small and Medium-sized Businesses -SMBs- that start exploring quantum solutions will position themselves at the forefront of efficiency and innovation. The potential of quantum computing extends far beyond theoretical applications. Consider these compelling metrics: 🔹 Quantum computing could solve specific computational problems up to 100 million times faster than classical computers. 🔹 By 2030, the quantum computing market is projected to reach $64.98 billion, underscoring its growing relevance. 🔹 Businesses adopting quantum technologies could see efficiency gains and cost reductions of up to 30%. Just as Bill Winters, Group CEO of Standard Chartered Bank, acknowledged the transformative role of emerging technologies, it’s crucial for SMBs to recognize the importance of integrating quantum solutions. Doing so can provide a competitive edge in an increasingly digital and complex world. Join the conversation! Share your thoughts on how quantum computing could revolutionize your industry. Follow Spin Quantum Tech for the latest insights and updates on this groundbreaking technology. -QuantumComputing -Innovation -SMBTech 💡 #Future #Futurism #Innovation #Business #ArtificialIntelligence #QuantumComputing #SQT https://lnkd.in/eZMcWYhJ

🔥 Quantum is heating up with the development of protocols for theromodynamic optimization alongside the observed quantum Mpemba effect. Plus, Quantinuum and the University of Colorado announce error-corrected logical qubits with gamechanging fidelity Today's dispatches from quantum: ⚆ Quantinuum and the University of Colorado implemented a high-rate non-local qLDPC code, creating 4 error-protected logical qubits with superior fidelity ⚆ Elevate Quantum received over $127 million in funding to develop quantum facilities, create thousands of jobs, and accelerate workforce education ⚆ New protocols for dual-purpose qubit operations optimize energy efficiency and fidelity ⚆ First demonstration of the inverse Mpemba effect showing faster heating in cold qubits ⚆ IonQ updates its roadmap with Forte Enterprise and Tempo systems, using barium qubits for improved integration and gate fidelity ⚆ India has the second-highest number of quantum computing users, with IBM Quantum highlighting its potential in sustainability and agriculture applications ...and so much more. 📰 Stay quantum-savvy. The Daily Qubit offers daily insights into the rapidly evolving world of quantum computing. Join leaders in academia, founders, and industry experts in staying informed. Follow me for daily updates and sign up for newsletter at link in bio. #quantumcomputing #quantumphysics #innovation

Have you heard about the advancements in quantum computing?! 🚀 In our latest chapter, "Application of Quantum Computing in Reliability Analysis," we explore the incredible potential of quantum computing to revolutionize the way we approach reliability modelling and system maintenance. Quantum computing, with its ability to harness quantum-mechanical phenomena like superposition and entanglement, promises to tackle previously unsolvable problems with ease. From optimizing complex systems to enhancing data processing capabilities, quantum algorithms are paving the way for a new era in industrial reliability. However, the journey isn't without its challenges. Issues such as decoherence, scalability, and integration into existing systems pose significant hurdles. Yet, the potential rewards are immense. Why is attention to this matter crucial? Because as industries strive for more robust computational methods, quantum computing offers a promising solution. By tapping into its power, we can gain unparalleled insights into system reliability and maintainability, ultimately driving efficiency and innovation across various sectors. As quantum computing continues to advance, the possibilities are endless. Imagine hybrid systems combining classical and quantum computing strengths, quantum-enhanced machine learning, and advanced simulations beyond anything we've seen before. So, let's keep our focus on the horizon and stay informed about the transformative potential of quantum computing in reliability analysis. Together, we can shape the future of industrial systems for the better. 💡✨ To have access to full chapter, please find it in the following link: https://lnkd.in/gMVK-cqy #quantumcomputing #ReliabilityAnalysis #Innovation #IndustrialSystems

🌟 Exciting times in the world of quantum computing! NTT RESEARCH and Riverlane (clients) are at the forefront of this revolutionary technology. Discover how commercial quantum computing is transforming industries and opening new possibilities. Check out the latest insights from Techopedia: https://lnkd.in/d89KfPxq 🌐 #QuantumComputing #TechInnovation #NTTResearch #Riverlane #PRagency #TechNews #BusinessTransformation #ClientNews