D-Wave Quantum Inc.

10/09/2024 | Press release | Distributed by Public on 10/09/2024 18:06

D Wave to Showcase the Impact of Quantum Powered Optimization at Info Tech LIVE

Use cases from logistics to retail will highlight the measurable outcomes possible with today's hybrid-quantum and quantum technologies

PALO ALTO, Calif.--(BUSINESS WIRE)-- D-Wave Quantum Inc. (NYSE: QBTS) ("D-Wave" or the "Company"), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, today announced its participation in Info-Tech Research Group's annual flagship conference, Info-Tech LIVE , on September 17, 2024 in Las Vegas, Nevada.

Aligned with the conference theme "Exponential IT in Motion," Alexander Condello, D-Wave's director of algorithms, tools, and performance, will be a featured keynote speaker at 4:10 p.m. PST. Attendees will hear about real-world hybrid-quantum use cases and discover how D-Wave's customers are seamlessly integrating quantum technology into existing infrastructures. They will learn how leveraging the speed and availability of D-Wave's Leap™ real-time quantum cloud service can meet critical computation needs through its immediate and reliable access to quantum solutions.

Quantum-powered optimization is designed to address computationally complex problems that are pervasive among today's modern organizations. According to a recent Hyperion Research study commissioned by D-Wave, business processes well-suited for quantum optimization include supply-chain management, production and workforce scheduling, inventory management, manufacturing/factory processes, vehicle routing, and logistics.

"Quantum optimization's growing commercial and government adoption is evidence of its impact on organizational efficiencies, competitiveness, and ultimately, the bottom line -outcomes that companies are now struggling to fully realize using outdated computing methods alone," said Condello. "I'm looking forward to sharing stories of our customers' successful quantum and hybrid-quantum applications with attendees at Info-Tech LIVE and discussing just how accessible and easy it is to use the technology today."

Register for Infotech at: https://www.infotech.com/events/las-vegas-live-september-17-19-2024

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software, and services, and is the world's first commercial supplier of quantum computers-and the only company building both annealing quantum computers and gate-model quantum computers. Our mission is to unlock the power of quantum computing today to benefit business and society. We do this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. D-Wave's technology has been used by some of the world's most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

Forward-Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

D-Wave
Alex Daigle
[email protected]

Source: D-Wave Quantum Inc.