- Gregory Shutko, QCentroid’s Chief Business Officer, participated in Q-Expo 2024, a premier European event for the quantum industry.
- Gregory took part in the closed-door industry deliberations, contributing to defining the priorities for the industry for the coming year.
- QCentroid, as a full member of the European Quantum Industry Consortium (QuIC), is a leading EU platform focused on quantum applications and ecosystem building to accelerate quantum adoption.
What is Q-Expo and Why It Matters
Organized by QuIC and Quantum Delta NL, Q-Expo is a leading European event for the quantum technology industry. This year’s edition brought together key players from the quantum ecosystem, including researchers, startups, established companies, investors, and policymakers. Q-Expo provided a platform for showcasing the latest advancements, fostering collaborations, and discussing the future of quantum technologies. The event featured a mix of plenary sessions, technical presentations, and networking opportunities, creating a vibrant atmosphere for knowledge sharing and partnership building.
QCentroid at Q-Expo 2024
Gregory Shutko joined the discussions on the second day, including sessions with Olivier Ezratty, Roger McKinlay, Olivier Tonneau, and Anca Albu. And on the third day, Gregory helped to shape the future of the European quantum landscape by participating in closed-door industry discussions that defined QuIC’s priorities for the upcoming year.
As a leader in QuIC’s working groups on quantum applications and ecosystem development, QCentroid, through Gregory’s contributions, shared valuable experience in identifying promising use cases, understanding customer needs, and fostering the growth of a strong quantum ecosystem.
Key Insights from the Event
- Early Quantum Engagement: “Management by fear” remains a prevalent strategy for engaging customers in early-stage quantum adoption, often coupled with a focus on the “indirect” value of quantum technologies.
- Energy Efficiency: Energy efficiency emerged as one of the six key industry challenges, highlighting the potential of quantum computing to optimize energy consumption.
- Consolidation in the Industry: Experts predict an upcoming consolidation in both quantum software and hardware, potentially leading to a more streamlined and mature market.
- Building Quantum Awareness: International organizations like the OECD are contributing to raising awareness of quantum technologies among policymakers.
- Customer Focus: The industry needs customers, not just end users, emphasizing the need for feedback and co-development partnerships.
- Funding Priorities: In the quantum sector, keeping costs under control and leveraging public funding are more critical than traditional metrics like IRR or user base.
- Bridging the Language Gap: A gap exists between the technical language of the quantum industry and the business language of potential customers, requiring a translation to “what’s in it for me.”
- Global Collaboration: Quantum industry associations like QED-C, Q-STAR, QIC, and QuIC are collaborating, signaling a need for a unified approach that transcends national boundaries and export controls.
- Australia’s Bet: Informal discussions at the event centered around Australia’s (a G20 country) focused investment in a specific quantum technology, potentially leaving other parts of its domestic industry behind.
- Merit-Based Cases: The second day of the event featured merit-based case studies from companies like Telefónica, Equinix, Port of Rotterdam, Deutsche Bahn, E.ON, Airbus, and ParTec AG.
- Welcoming Event: Q-Expo provided a welcoming and warm environment, with ample opportunities for meetings, deep discussions, and building partnerships.
Looking Ahead
QCentroid remains committed to advancing the quantum ecosystem and driving the adoption of quantum technologies. We are dedicated to working with partners and customers to identify high-impact use cases and build a thriving quantum community. The QuIC is the main European quantum industry association, and for a pan-European quantum platform like QCentroid it is the right place to be to bridge the gap between the industry advances and the end users.
Are you interested in exploring how quantum technologies can benefit your organization? Contact us today to learn how QCentroid can help you navigate the quantum revolution and unlock the potential of next-generation computing.
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