IQM's State of Quantum 2025: Quantum Industry Must Solve Talent Shortage and Software Platforms, Not Just Qubits
Article content
The report predicts that quantum computing market will hit over $22 billion globally by 2032 as commercial deployments accelerate.
Article content
Highlights how AI, high-performance computing (HPC), and quantum technology are converging to drive the next wave of growth.
Article content
This is the third edition of the state of quantum report by IQM Quantum Computers.
Article content
ESPOO, Finland — IQM Quantum Computers in collaboration with analyst firm Omdia (LON:INF), today unveiled the third edition of its State of Quantum Report, revealing that the quantum industry must address talent shortages and software development kits (SDK) gaps in order to scale beyond just qubit count.
Article content
As quantum computing shifts from theoretical promise to practical integration, the report projects that the global quantum computing market will reach over $22 billion by 2032 as commercial deployments accelerate.
Article content
The findings also show that 75% of respondents believe that defining the right applications is the most critical factor for adoption. As Dr. Jan Goetz, Co-CEO and Co-founder of IQM, noted in his foreword, 'Quantum's promise is clear, but fulfilling it requires orchestrated progress across the hardware and software stack—transforming these powerful machines from niche tools into drivers of real-world outcomes.'
Article content
The report also argues that progress hinges on synchronising hardware industrialisation with software platform maturity. Today, software development kit fragmentation hampers portability and slows adoption in multi-vendor settings.
Article content
HPC, Quantum, and AI Integration
Article content
The report also highlights how high-performance computing (HPC), quantum computing, and AI are converging to drive the next wave of growth. According to industry experts, investors, and users across Europe, North America, Asia, and Oceania interviewed, HPC provides the robust infrastructure and orchestration needed to integrate quantum systems into real-world environments, ensuring that quantum and classical resources work in harmony.
Article content
This synergy promises to accelerate adoption, amplify returns for early adopters, and transform quantum computing from a niche capability into a trusted part of the broader scientific and industrial toolbox.
Article content
'Our interviewees identified three major challenges – one is getting to the level of reliability where quantum computers can be considered industrial products rather than crafted laboratory devices, another is improving the software layer to provide the sort of developer experience we see in the high-level frameworks used for AI, and a third is helping users identify opportunities to benefit from quantum computer and set up their experiments. Interestingly, the interviewees are expecting multiple quantum technologies to co-exist, with a degree of specialisation between them,' said Alexander Harrowell, Principal Analyst, Advanced Computing at Omdia.
Article content
Sector Readiness: 57% of survey respondents placed drug-discovery and molecular-modelling workloads as their top quantum priority list, ahead of finance and chemicals.
Article content
Funding: After a dip in 2023, venture funding surged again in 2024, with 58% of cumulative quantum venture funding still flowing to North American firms, with average deal sizes ($38M) triple those in Europe ($12M).
Article content
Challenges Ahead: Talent shortages in quantum and growth-stage funding outside the US are the two biggest systemic risks to the industry's continued growth.
Article content
In addition, the report also calls for three critical priorities to turn these insights into tangible outcomes:
Article content
Better Abstraction Layers: Bridging the gap between the physics of qubits and the practical problems that matter to businesses.
Article content
Unified Orchestration and Scheduling: Enabling quantum and classical HPC resources to operate seamlessly together.
Article content
About IQM Quantum Computers:
Article content
IQM is a global leader in superconducting quantum computers. IQM provides both on-premises full-stack quantum computers and a cloud platform to access its computers. IQM customers include the leading high-performance computing centres, research labs, universities and enterprises which have full access to IQM's software and hardware. IQM has over 300 employees with headquarters in Finland and a global presence in France, Germany, Italy, Japan, Poland, Spain, Singapore, South Korea and the United States.
Article content
Article content
Article content
Article content
Article content
Contacts
Article content
Media contact:
Article content
Article content
Email:
Article content
Article content
Article content
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
2 hours ago
- Globe and Mail
Inverite to Complete 6:1 Consolidation
Vancouver, British Columbia--(Newsfile Corp. - June 10, 2025) - Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRF) (FSE: 2V00) ("Inverite" or the "Company"), a leading AI-driven software provider utilizing real-time financial data to empower businesses to transact more effectively with consumers, announces that it will consolidate (the "Consolidation") its common shares on the basis of six pre-consolidation common shares for 1 new post-consolidation share. Outstanding options, warrants and other convertible securities will likewise be adjusted for the Consolidation, with the number of underlying common shares and exercise prices being adjusted accordingly. No fractional common shares will be issued, and fractions of less than one-half of a share will be cancelled and fractions of at least one-half of a share will be converted to a whole common share. Following the Consolidation and subject to rounding adjustment, the Company expects to have approximately 41,528,721 common shares issued and outstanding, and approximately 13,297,928 common shares reserved for issuance. The Company expects that the CSE will issue a bulletin in due course, confirming the date on which the Company's common shares will commence trading on the CSE on a post-Consolidation basis. There will be no change to the Company's name or trading symbol. The new CUSIP/ISIN for the post-Consolidation common shares is 46125M203 / CA46125M2031. Letters of Transmittal will be mailed shortly to registered shareholders who hold share certificates, with instructions for the exchange of existing share certificates for new share certificates. Shareholders holding uncertificated shares (such as BEO, NCI and DRS positions) will not receive a Letter of Transmittal but will have their holdings adjusted electronically by the Company's transfer agent and need not take any further action to exchange their pre-Consolidation shares for post-Consolidation shares. About Inverite Insights Inc. Inverite Insights Inc. ("Inverite") (CSE: INVR) (OTC Pink: INVRF) (FSE: 2V00) is a Vancouver-based, AI-driven software provider specializing in real-time Holistic Financial Intelligence for the alternative credit economy. With a vast database of over 27.5 billion financial data points from more than seven million unique Canadian consumers transactions, The Company transacts with over 150,000 consumers monthly seeking credit. Inverite empowers businesses to transact more effectively with consumers through innovative solutions for data enrichment, identity, risk management and compliance. Neither the Canadian Securities Exchange nor its Regulation Services Provider/Market Maker (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release, nor has in any way passed upon the merits of the proposed transaction nor approved or disapproved the contents of this press release. Forward-Looking Statements This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes that any forward-looking statements in this news release are reasonable, there can be no assurance that any such forward-looking statements will prove to be accurate. The Company cautions readers that all forward-looking statements, are based on assumptions none of which can be assured and are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those indicated in the forward-looking statements. Such forward-looking statements represent management's best judgment based on information currently available. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements.
Globe and Mail
2 hours ago
- Globe and Mail
Why Nvidia-Backed Navitas Semiconductor Soared Today
Shares of Navitas Semiconductor (NASDAQ: NVTS) surged higher on Tuesday, finishing the day up 11%. The gain came as the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq Composite (NASDAQINDEX: ^IXIC) were both up 0.6%. Positive news from ongoing trade talks between the U.S. and China is helping boost the company's stock as it continues its massive run-up following the revelation of its partnership with Nvidia. U.S. and China trade talks continue U.S. and Chinese officials are in London attempting to reach a more permanent resolution to the trade war that was put on pause last month. Commerce Secretary Howard Lutnick said on Tuesday that the discussions were "going well" and that the representatives were "spending lots of time together" attempting to reach a deal. A permanent reduction of the massive tariffs both countries imposed on each other in recent months would be great news for the entire economy, but semiconductor companies could benefit specifically, depending on the details. A critical partner Navitas announced last month that Nvidia had selected the company to help power its next-generation artificial intelligence (AI) data center systems, including the much-anticipated Rubin chips that will eventually succeed the current industry-leading Blackwell chips. Navitas, which specializes in gallium nitride (GaN) and silicon carbide (SiC) technologies, will help Nvidia solve key scaling issues with its power supply for the incredibly powerful AI-fueled chips. I think Navitas stock is worth owning; the seal of approval from Nvidia is huge. The company's balance sheet is solid, with minimal debt. Should you invest $1,000 in Navitas Semiconductor right now? Before you buy stock in Navitas Semiconductor, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Navitas Semiconductor wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $660,341!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $874,192!* Now, it's worth noting Stock Advisor 's total average return is999% — a market-crushing outperformance compared to173%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025
Globe and Mail
3 hours ago
- Globe and Mail
Why Palantir Stock Soared in May
Shares of Palantir Technologies (NASDAQ: PLTR) were up in May. The company's stock finished the month up 11.3%. The move came as the S&P 500 (SNPINDEX: ^GSPC) was up 5.5% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was up 7.9% during the month. The artificial intelligence (AI)-powered data analytics company released mostly positive earnings and announced several key new partnerships, and CEO Alex Karp accompanied President Trump on a trip to Saudi Arabia. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » A mostly positive quarter Palantir reported Q1 earnings per share (EPS) of $0.13 on sales of $884 million. That revenue figure was up 39% year over year (YOY), beating Wall Street expectations. There was some cause for concern, however, as global sales declined 10% YOY. Karp goes to Saudi Arabia Given this international weakness, the timing of Karp's trip to Saudi Arabia could not have been better. Karp, along with other high-profile CEOs, accompanied President Trump on a trip to the Middle Eastern country. The trip ended with Trump announcing that Saudi Arabia had committed to $600 billion in investments and, although specifics were light, some of this is likely to flow into Palantir's coffers. New partnerships Palantir announced new partnerships with xAI, the Joint Commission, and the manufacturer Fedrigoni. The partnerships will all leverage the company's unique capabilities to boost efficiency, maximize profits, and reshape outdated business practices. The wide range of distinct organizations and problems shows the incredible adaptability of Palantir's technology. Beware the valuation This is nothing new for investors who have followed the company at all, but the fact is that Palantir stock is incredibly expensive. The company's price-to-earnings ratio (P/E) currently sits north of 570. Its price-to-sales ratio (P/S) is 105. These are astronomical numbers. Consider this: When Nvidia was seeing peak growth in 2024 -- growth that far outstrips what Palantir is delivering today -- the chipmaker's P/E and P/S were both roughly half that of Palantir's. And when Cisco was at its peak in 2000, before it became the face of the dot-com crash, it too only reached roughly half the valuation that Palantir now carries. I do not believe Palantir can justify this valuation, and it is a matter of time before the stock comes back to Earth. Although it's clear that the company offers an extremely valuable product, I think it's fair to classify it as a meme stock at this point: Too much of its value is driven by pure hype. Should you invest $1,000 in Palantir Technologies right now? Before you buy stock in Palantir Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Palantir Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $660,341!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $874,192!* Now, it's worth noting Stock Advisor 's total average return is999% — a market-crushing outperformance compared to173%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025
