Quantum technology is beginning to take shape and from, showing real use outside research labs. In the wake of this realization, a panel hosted by The Quantum Insider on September 3 brought together Fujitsu (FJTSY), Quantinuum, Oxford Instruments (OXINF), and D-Wave (QBTS) to discuss how firms are applying quantum science to solve business problems. The discussion was part of the International Year of Quantum and drew over 1,000 people from more than 70 countries. Each of the companies presented its goals and roadmaps, outlining its current position, and ultimately agreed on one crucial point.
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Fujitsu and the Road to Error-Free Qubits
Fujitsu’s Chief Technology Officer for Financial Services, Franco Severini, stated that the company is developing systems capable of delivering stable results in real-world tasks. He noted that the company already operates a 256-qubit computer and plans to reach 1,000 qubits by 2026. By 2030, the firm targets 10,000 qubits, which should enable at least 250 logical, or error-free, qubits. He explained that “we need to go past the number of qubits and we need to go to something that is more tangible. We need to go to logical, error-free qubits.” Fujitsu is testing both superconducting and diamond spin-based designs and aims to match each to the proper use in fields like logistics and materials.
Oxford Instruments and Quantum Infrastructure
Another name to participate was Oxford Instruments, a key supplier of cryogenic systems that cool quantum machines. John Burgoyne, Head of Product and Marketing, compared the goal to medical scanners. He said, “The challenge is making cryogenics invisible to the end user.” Oxford’s hardware supports different quantum designs and is already used in pilot projects, including finance work with Rigetti (RGTI) and Standard Chartered Bank.
Quantinuum and Cybersecurity
Quantinuum, which has just finalized a massive $600 million funding, is focusing on cybersecurity tools that use verified randomness. Ilyas Khan, Founder and Chief Product Officer, noted that NIST (National Institute of Standards and Technology) has already tested the Quantum Origin product and works with standard cryptography systems. He added that “when that day comes, we will not be asking each other what the use cases are. The world will know.” The firm has also opened access through its Ticket software kit, which has drawn wide use from developers. The privately owned company is backed by some of the prominent players on Wall Street, most notably, Honeywell (HON), and now Nvidia (NVDA) as well.
D-Wave and Near-Term Optimization
D-Wave Quantum presented customer cases that show how quantum can deliver gains now. Murray Thom, Vice President of Quantum Technology Evangelism, described work with Pattison Food Group to plan routes and staffing, which is expected to save 50,000 labor hours each year. He also cited NTT DOCOMO, a notable Japanese mobile operator, which cut peak signal traffic by 15% across 250,000 mobile stations, and Ford Otosan, which reduced production scheduling from half an hour to less than five minutes. Thom explained that firms do not need to be experts to benefit, since hybrid solvers mix quantum and classical tools.
A Hybrid Path Ahead
One of the main takeaways from the events arrived when the panel agreed that quantum will not replace high-performance computers, but will work in conjunction with them. Fujitsu is embedding quantum inside its larger systems. Oxford is creating platforms that can handle varied hardware. Quantinuum is building products that add new security layers. D-Wave is solving optimization tasks alongside normal processors. The speakers stressed that education, access, and integration will drive growth. As Severini said, the key is to move from experimental work to systems that deliver reliable results for real firms.
We used TipRanks’ Comparison Tool to line up the six stocks that are mentioned in the piece, alongside other notable quantum stocks. This helps investors gain a broader perspective on each of the stocks and the quantum industry as a whole.
