Insider Brief
- IQM Quantum Computers launched its cloud service that will give users secure and easy access to IQM’s advanced quantum systems and quantum processing units.
- They can also use IQM Resonance to develop, test, and benchmark quantum algorithms.
- The service uses a time slot subscription model.
PRESS RELEASE — IQM Quantum Computers (IQM), a global leader in building quantum computers, today announced the launch of IQM Resonance, a cloud service to advance quantum exploration and research. This will give algorithm developers and scientists seamless and easy access to IQM’s advanced quantum systems to plan, develop, test, and benchmark their quantum algorithms.
With IQM Resonance, end users will also choose from a list of exploration options, including standard or novel Quantum Processing Unit (QPU) topologies with tunable couplers. IQM recently announced benchmarks for its 20-qubit quantum computer. The cloud service will be provided by quantum computers based in IQM´s quantum data centres in Espoo, Finland, and Munich, Germany.
In addition, IQM will provide integrated offerings, such as direct in-house support, free IQM Academy materials, and application frameworks. The service uses a time slot subscription model, and users will need to book an hourly time slot in an annual or semi-annual subscription to run their quantum algorithms.
According to a study by Hyperion Research, 50 percent of quantum computing providers estimate that cloud computing will be the preferred access method for quantum computing by 2025, while cloud service provider-related quantum computing activities will account for almost half of quantum computing revenues.The launch of IQM Resonance aligns with IQM’s goal of supporting and providing scientists with tools on their quantum journey.
“We are excited about this service to guide scientists to quantum advantage. To accelerate this goal, we have embarked on a dual-architecture quantum computing journey. First, quantum computers with standard square lattice QPU topologies are scaled in a straightforward engineering approach. Second, we develop quantum computers that leverage long-range high-connectivity QPU topologies and novel compute elements because practical applications will require significantly improved hardware efficiency,” said Mikko Välimäki, Co-CEO at IQM Quantum Computers.
“The service is available now, and we will also deepen users’ understanding of the potential of quantum computing in practical applications. High-potential areas include machine learning, cybersecurity, route optimisation, quantum sensor simulation, chemical research, and development of new pharmaceuticals,” added Max Haeberlein, Product Manager for Cloud and Services at IQM Quantum Computers.
Haeberlein explains that IQM has unique quantum hardware for the execution of Quantum Approximate Optimisation Algorithms (QAOA) and quantum error correction. “This depth of capabilities ensures that users can fully understand and leverage the potential of quantum computing to develop new algorithms and applications.”
He revealed that IQM plans to add new innovative features to the cloud service by the third quarter of 2024 to enhance the user experience further.
For more market insights, check out our latest quantum computing news here.
