University of Kwazulu-Natal

Quera Study Global Quantum Budgets Set To Surge By 20 As Confidence

Bonisiwe Shabane
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quera study global quantum budgets set to surge by 20 as confidence

QuEra research highlights the US at the forefront of quantum computing, while Europe lags in the race for quantum innovation Wednesday, January 22, 2025 - New research from QuEra Computing, the leader in neutral-atom quantum computing, reveals growing confidence in quantum adoption, with global budgets for quantum applications projected to rise nearly 20% in... The findings show that while high costs, talent gaps, and uncertainty around ROI remain significant barriers, 65% of respondents feel prepared to adopt quantum within the next two to three years, while only 21%... The findings were published today as part of QuEra’s Quantum Readiness Report 2025 and survey conducted with over 750 quantum computing academics, scientists and professionals across the globe. According to the research, the projected growth in both confidence and investment reflects a growing recognition of quantum computing’s potential to address complex challenges and drive innovation in key sectors. Yet, adoption still faces significant challenges, with high costs (51%), a lack of skilled talent (45%), and unclear business value (45%) identified as the top barriers.

To address these obstacles, organisations are prioritising cost-effectiveness (45%), access to cutting-edge technology (37%), and availability through cloud platforms (33%) as critical factors shaping their quantum purchasing decisions. The research also revealed significant disparities in readiness between the US and Europe, reflecting a blend of optimism and ongoing challenges as the industry prepares for rapid growth. January 22, 2025 05:00 ET | Source: QuEra Computing QuEra Computing BOSTON, Jan. 22, 2025 (GLOBE NEWSWIRE) -- New research from QuEra Computing, the leader in neutral-atom quantum computing, today revealed growing confidence in quantum adoption, with global budgets for quantum applications projected to rise nearly 20%... The findings show that while high costs, talent gaps, and uncertainty around ROI remain significant barriers, 65% of respondents feel prepared to adopt quantum within the next two to three years, while only 21%...

The findings were published today as part of QuEra’s Quantum Readiness Report 2025 and survey conducted with over 750 quantum computing academics, scientists and professionals across the globe. According to the research, the projected growth in both confidence and investment reflects a growing recognition of quantum computing’s potential to address complex challenges and drive innovation in key sectors. Yet, adoption still faces significant challenges, with high costs (51%), a lack of skilled talent (45%), and unclear business value (45%) identified as the top barriers. To address these obstacles, organizations are prioritizing cost-effectiveness (45%), access to cutting-edge technology (37%), and availability through cloud platforms (33%) as critical factors shaping their quantum purchasing decisions. Yuval Boger, Chief Commercial Officer, QuEra, comments: “Quantum computing is at a turning point, with investments surging and adoption rapidly gaining momentum. Organizations are recognizing the critical need to address challenges like access to leading-edge technology as they prepare to seize the opportunities ahead.

At QuEra, we’re focused on advancing neutral-atom quantum technology to ensure businesses are ready to lead as the quantum era unfolds.” The research also revealed significant disparities in readiness between the US and Europe, reflecting a blend of optimism and ongoing challenges as the industry prepares for rapid growth. January 22, 2025 -- New research from QuEra Computing, the leader in neutral-atom quantum computing, reveals growing confidence in quantum adoption, with global budgets for quantum applications projected to rise nearly 20% in 2025. The findings show that while high costs, talent gaps, and uncertainty around ROI remain significant barriers, 65% of respondents feel prepared to adopt quantum within the next two to three years, while only 21%... The findings were published today as part of QuEra’s Quantum Readiness Report 2025 and survey conducted with over 750 quantum computing academics, scientists and professionals across the globe. According to the research, the projected growth in both confidence and investment reflects a growing recognition of quantum computing’s potential to address complex challenges and drive innovation in key sectors.

Yet, adoption still faces significant challenges, with high costs (51%), a lack of skilled talent (45%), and unclear business value (45%) identified as the top barriers. To address these obstacles, organisations are prioritising cost-effectiveness (45%), access to cutting-edge technology (37%), and availability through cloud platforms (33%) as critical factors shaping their quantum purchasing decisions. The research also revealed significant disparities in readiness between the US and Europe, reflecting a blend of optimism and ongoing challenges as the industry prepares for rapid growth. The United States stands out as the leader in quantum computing adoption, with 70% of respondents globally and 74% of those based in the UK identifying it as the global leader. This reflects a strong ecosystem driven by government funding, academic excellence, and private sector innovation. QuEra Computing, one of the leaders in neutral-atom quantum computing, has released its Quantum Readiness Report 2025, revealing that global budgets for quantum applications are projected to increase by nearly 20% in 2025.

The report, based on a survey of over 750 quantum professionals worldwide, highlights growing confidence in quantum adoption, with 65% of respondents feeling prepared to adopt quantum within the next two to three years. Despite this optimism, challenges remain, including high costs (51%), talent shortages (45%), and unclear return on investment (45%). Organizations are prioritizing cost-effectiveness, access to cutting-edge technology, and cloud-based solutions as key factors in their quantum adoption strategies. The report also identifies significant regional disparities, with the U.S. leading in quantum adoption due to strong government funding, academic excellence, and private sector innovation. In contrast, only 14% of respondents view the EU as a leader, and just 2% see the UK as competitive in the global quantum race.

From a technological perspective, neutral-atom quantum computing (33%) and superconducting qubits (31%) emerged as the most promising technologies for scalable applications, with industries leveraging quantum for molecular simulations in healthcare and risk optimization in... For more insights, download the full Quantum Readiness Report 2025 available here. BOSTON, Jan. 22, 2025 (GLOBE NEWSWIRE) -- New research from QuEra Computing, the leader in neutral-atom quantum computing, today revealed growing confidence in quantum adoption, with global budgets for quantum applications projected to rise nearly 20%... The findings show that while high costs, talent gaps, and uncertainty around ROI remain significant barriers, 65% of respondents feel prepared to adopt quantum within the next two to three years, while only 21%... The findings were published today as part of QuEra’s Quantum Readiness Report 2025 and survey conducted with over 750 quantum computing academics, scientists and professionals across the globe.

According to the research, the projected growth in both confidence and investment reflects a growing recognition of quantum computing’s potential to address complex challenges and drive innovation in key sectors. Yet, adoption still faces significant challenges, with high costs (51%), a lack of skilled talent (45%), and unclear business value (45%) identified as the top barriers. To address these obstacles, organizations are prioritizing cost-effectiveness (45%), access to cutting-edge technology (37%), and availability through cloud platforms (33%) as critical factors shaping their quantum purchasing decisions. Yuval Boger, Chief Commercial Officer, QuEra, comments: “Quantum computing is at a turning point, with investments surging and adoption rapidly gaining momentum. Organizations are recognizing the critical need to address challenges like access to leading-edge technology as they prepare to seize the opportunities ahead. At QuEra, we’re focused on advancing neutral-atom quantum technology to ensure businesses are ready to lead as the quantum era unfolds.”

The research also revealed significant disparities in readiness between the US and Europe, reflecting a blend of optimism and ongoing challenges as the industry prepares for rapid growth. The United States stands out as the leader in quantum computing adoption, with 70% of respondents globally identifying it as the global leader. This reflects a strong ecosystem driven by government funding, academic excellence, and private sector innovation. BOSTON, Jan. 22, 2025 (GLOBE NEWSWIRE) — New research from QuEra Computing, the leader in neutral-atom quantum computing, today revealed growing confidence in quantum adoption, with global budgets for quantum applications projected to rise nearly 20%... The findings show that while high costs, talent gaps, and uncertainty around ROI remain significant barriers, 65% of respondents feel prepared to adopt quantum within the next two to three years, while only 21%...

The findings were published today as part of QuEra’s Quantum Readiness Report 2025 and survey conducted with over 750 quantum computing academics, scientists and professionals across the globe. According to the research, the projected growth in both confidence and investment reflects a growing recognition of quantum computing’s potential to address complex challenges and drive innovation in key sectors. Yet, adoption still faces significant challenges, with high costs (51%), a lack of skilled talent (45%), and unclear business value (45%) identified as the top barriers. To address these obstacles, organizations are prioritizing cost-effectiveness (45%), access to cutting-edge technology (37%), and availability through cloud platforms (33%) as critical factors shaping their quantum purchasing decisions. Yuval Boger, Chief Commercial Officer, QuEra, comments: “Quantum computing is at a turning point, with investments surging and adoption rapidly gaining momentum. Organizations are recognizing the critical need to address challenges like access to leading-edge technology as they prepare to seize the opportunities ahead.

At QuEra, we’re focused on advancing neutral-atom quantum technology to ensure businesses are ready to lead as the quantum era unfolds.” The research also revealed significant disparities in readiness between the US and Europe, reflecting a blend of optimism and ongoing challenges as the industry prepares for rapid growth. The United States stands out as the leader in quantum computing adoption, with 70% of respondents globally identifying it as the global leader. This reflects a strong ecosystem driven by government funding, academic excellence, and private sector innovation. Boston – January 22, 2025 – Research from neutral-atom quantum coputing company QuEra Computing indicates global budgets for quantum applications projected to rise nearly 20 percent in 2025, according to the company. The findings show that while high costs, talent gaps, and uncertainty around ROI remain significant barriers, 65% of respondents feel prepared to adopt quantum within the next two to three years, while only 21%...

The findings were published today as part of QuEra’s Quantum Readiness Report 2025 and survey conducted with over 750 quantum computing academics, scientists and professionals across the globe. According to the research, the projected growth in both confidence and investment reflects a growing recognition of quantum computing’s potential to address complex challenges and drive innovation in key sectors. Yet, adoption still faces significant challenges, with high costs (51%), a lack of skilled talent (45%), and unclear business value (45%) identified as the top barriers. To address these obstacles, organizations are prioritizing cost-effectiveness (45%), access to cutting-edge technology (37%), and availability through cloud platforms (33%) as critical factors shaping their quantum purchasing decisions. Yuval Boger, Chief Commercial Officer, QuEra, comments: “Quantum computing is at a turning point, with investments surging and adoption rapidly gaining momentum. Organizations are recognizing the critical need to address challenges like access to leading-edge technology as they prepare to seize the opportunities ahead.

At QuEra, we’re focused on advancing neutral-atom quantum technology to ensure businesses are ready to lead as the quantum era unfolds.” The research also revealed significant disparities in readiness between the US and Europe, reflecting a blend of optimism and ongoing challenges as the industry prepares for rapid growth.

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