Innovate UK Business Connect’s Post

This is a hugely interesting topic, and one that promises to have a profound impact on industry, in the same way that cloud computing did, and AI is currently. Looking forward to the session!

🌐  Have you ever wondered what the future holds for quantum technologies? With Europe's significant investment of $13B, the quantum landscape is set to revolutionise industries and reshape our world. But are we ready to seize this transformative opportunity? 🔍 👉 European Quantum Industry Consortium (QuIC) released their Strategic Industry Roadmap (SIR) paper, with insights into quantum computing, communication, sensing and metrology Read the paper here 🔗 https://lnkd.in/dys59_jm Here are the key points: ➡️ There is a need to significantly increase the amount of funding available to European-based companies and to increase the size of the funds to enable larger tickets ➡️ It is vital to encourage European investors to take on lead investor roles ➡️ It will be important to attract finance from funders that have not traditionally invested in QTs ➡️ Europe needs to support academic startups through mentoring programmes and encourage best practices for RTOs and university spinoffs.   This is more than just a document -It’s a roadmap to the future ✅ Ready to revolutionise your business with quantum technology? Contact us for guidance on your strategic decisions 🔗 https://lnkd.in/dWxYmRsT #Quantum #EuropeanInnovation #StrategicRoadmap #FutureTech

⭐ALLPROS.eu at the Research to Reality EVENT: Innovative Approaches for the skills gap 🌐ALLPROS.eu was a featured participant at the Research to Reality event hosted by the European Commission on February 5, 2024. The event, focusing on Digital Solutions to European challenges, included a panel entitled 'From the lab to the fab - the chips for Europe initiative as a bridge between research and industry.' 💡The panel highlighted the importance of bridging the gap between academia and industry, especially in the semiconductor sector, to address the pressing skills gap. Lucilla Sioli - Director for Artificial Intelligence and Digital Industry at the European Commission, emphasized the geopolitical tensions arising from the global chip shortage and stressed the need for Europe to invest in research and young talents. Silvana Muscella, founder and CEO at Trust-IT Services Italy, the technical coordinator of ALLPROS.eu, brought to Brussels the project’s approach to the skills gap. From the numbers of the semiconductor sector, to the importance of the presence of young talents, Silvana analysed the current landscape on skills and proposed announced an upcoming 📘 blueprint for competence centres with a strong emphasis on the Triple Helix approach. Read the whole article here: https://lnkd.in/dKHJdiJC

🌍 Can Europe become the Silicon Valley of quantum? 🔍 Today at Sifted Summit, experts gathered to discuss Europe’s potential to get in the driver's seat for quantum technology. While Europe has historically lagged in various tech sectors, a deep pool of talented researchers and strategic government support have given Europe a chance to emerge as the global leader. What needs to be done to turn this into a reality? 👉 We know roughly what applications quantum can be used in but we still have to develop a market. One option is that the big chemical or drug companies become the clients. 👉 Our current approach to quantum technology remains rooted in classical thinking. To truly unlock its potential, we must explore or invent new applications that are quantum-native. 👉 Europe must foster a collaborative ecosystem where stakeholders work together in a spirit of competition and shared learning.  👉 Prioritise the transition away from existing schemes that are susceptible to quantum computer vulnerabilities to ensure Europe’s security and competitiveness. “It’s challenging to build a new industry which is why quantum is the most intellectually interesting part of our portfolio” - Michiel Scheffer, President of the Board, European Innovation Council and SMEs Executive Agency (EISMEA). Thank you to our panellists for their valuable insights: Elvira Shishenina, Scientific Advisor - Moth, Steve Brierley, Founder and CEO - Riverlane, Michiel Scheffer, President of the Board - European Innovation Council and SMEs Executive Agency (EISMEA) and moderator John Thornhill, Founder and Editorial Director - Sifted. #quantumcomputing #deeptech #siftedsummit

Yes, now we have a good way to transmit/process data by using such advanced technologies, but we need more human inputs. Is there any other products you know, that can interpret and answer the following Chinese-English multilingual questions of BI? "Who, in the Ontario province of Canada, has new US patents granted on the nearest Tuesday, when the USPTO releases the newly granted US patents on a weekly basis?" "Who, in the "江蘇‘’ province of China, has new US patents granted on the nearest Tuesday, when the USPTO releases the newly granted US patents on a weekly basis?" With our intellectual property (IP), a copyrighted multilingual metadata, we can answer. Metadata is an enabler. Without metadata, NO data can be found/retrieved, even by the most advanced technologies, like AI, supercomputers, etc. https://lnkd.in/g-aJFnXR Experiment results showed that, with our intellectual property (IP), a copyrighted multilingual metadata, we are doing what AI, like ChatGPT, can't do in data analytics. Our IP can also make your information service UNIQUE in the world. Do you or any of your contacts need our expertise and our IP? We're selling, NOT just talking. "

The latest report from the Regulatory Horizons Council marks a significant step forward in realizing the UK's National Quantum Strategy, highlighting its potential to reshape industries and society. Advocating for an innovation-centric regulatory framework, the report aims to position the UK as a magnet for international quantum expertise, thereby ensuring its competitiveness in this rapidly evolving field. Minister for Science, Research, and Innovation, Andrew Griffith MP, has embraced the council's recommendations, emphasizing the critical role of quantum technology in transforming healthcare, advancing computing, and bolstering the UK economy. He underscores the UK's commitment to maintaining its leadership in quantum innovation, highlighted by a significant £2.5 billion investment over the next decade dedicated to quantum research and development, aligning with the ambitious goals set forth in the National Quantum Strategy. Full Report: https://lnkd.in/eKq_EQsf Press release: https://lnkd.in/e29NvCTN

189 pages of Europe's #quantum industry roadmap. Selected quotes from the conclusions tells how critical it is for #government and #publicpolicy to be awake. "Countries around the globe have identified QTs as a strategic resource for their futures ... Europe must deploy the necessary financial resources, make available leading infrastructure, and facilitate the attraction and development of talent within the ecosystem." "Access to subsidised use of pilot lines and test facilities are critical ... The absence of a European supply creates a risk" "European governments must act as early adopters of QTs." "European governments should create incentives for the generation of IP." And the very final sentence: " It is therefore imperative for policy- and decision-makers to take close note of the recommendations included in this report, and extend the range of support for the commercialisation of QTs in Europe." https://lnkd.in/d6Krn7SD

‘QUANTUM VALLEY’ OF THE WORLD  🇫🇷 🇧🇪 🇭🇷 🇬🇷 🇫🇮 🇸🇰 🇸🇮 🇨🇿 🇲🇹 🇪🇪 🇪🇸 Slovakia became one of the 11 Member States that have endorse a declaration and recognise the strategic importance of Quantum Technologies. #quantumtechnologies will have a significant economic and strategic value in the future, with extensive uses in many different sectors from computing, secure communication, energy, healthcare, manufacturing to security and space. „European innovators and industry have not yet been sufficiently mobilised to take full advantage of this potential as much as in other world regions, which are investing heavily in them, as well as applying restrictions in the areas of investment, funding eligibility and the export of key technologies and intellectual property.“ (European Declaration on Quantum Technologies) The aim of the declaration is to development of a world-class quantum technology ecosystem across Europe that can support a wide range of scientific and industrial applications, identify the commercial potential and to make Europe the leading region globally for quantum excellence and innovation. https://lnkd.in/dVRbQVF9 #quantum #securecommunication #innovation #industrialapplications

We are thrilled to see our newest portfolio company, QMill, featured in Talouselämä, the leading Finnish weekly business magazine, last week. 💎 Founded in the spring of 2024 by Mikko Möttönen, Hannu Kauppinen, Toni Annala and Ville Kotovirta, QMill is working to make quantum computing practical and accessible in the near future. Their vision is to unlock quantum advantage and achieve significant impact within an accelerated timeline. Check the comments for the link to learn more about why we invested. 👇🌱 Read the Talouselämä story here: https://lnkd.in/dx_Wxy93

🇳🇱 Building on our outstanding research, QuTech’s economic impact in the Netherlands, and particularly in Delft, is becoming increasingly visible. It is not only evident from our research collaborations with globally operating technology giants but also from our rapidly expanding ecosystem of quantum companies. This ecosystem encompasses start-ups and scale-ups in quantum computing and quantum networking, as well as international companies that join the House of Quantum to establish a Dutch or European presence in proximity to the quantum talent that is concentrated in Delft. 🤝 The companies within the Delft ecosystem are transforming laboratory discoveries into tangible real-world applications, extending the quantum domain to involve an increasing number of people and disciplines. As the ecosystem has expanded, these enterprises and our collaborative research have become an integral part of our joint efforts to advance quantum technology. We can safely say that we are building the quantum future together. Read more on innovation & collaboration in our annual report 👇 https://lnkd.in/djcnJ-GN