Press release

Quantum computing in business: QCENTROID and TECNALIA

20 December 2023
Computación cuántica en las empresas: QCENTROID y TECNALIA

QCENTROID, the first Operations Platform for quantum computing, and TECNALIA, have signed a collaboration agreement to help distribute and incorporate real quantum computing solutions to organisations

Quantum computing is an emerging new paradigm in the field of optimisation, information processing and machine learning. It exploits quantum mechanics phenomena to solve problems that are too complex or intractable for conventional computation. Its development is giving new impetus to artificial intelligence disciplines in areas where conventional technologies are finding more and more limitations as the world becomes more interconnected, instantaneous and complex. Mastering quantum computing is key to Artificial Intelligence supremacy.

It is advancing at an unprecedented pace and new developments in hardware, algorithms and solutions are emerging all the time. The search for the "quantum advantage" is the driving force behind research and development in this field. The term "quantum advantage" refers to the improvement or advantage that quantum computing can offer over classical computing to solve specific problems. It can manifest itself as increased computational speed, as the ability to solve problems that are intractable for classical systems within a reasonable timeframe, or by increased efficiency in the use of resources or energy.

This is a key concept in the field of quantum computing, and is therefore a key instrument in the digital transformation that combines competitiveness, social responsibility, and respect for the environment.

Business processes within organisations

Although still in development, with limited and imperfect devices, solutions are beginning to be deployed that have real applications in business processes within organisations. According to Esther Villar, head of quantum technologies at TECNALIA, “we are entering the utility phase of this technology, the prelude to the so-called “quantum advantage”. Given its enabling and transformative nature, and its potential impact on multiple business areas, innovation managers in organisations are starting to pay particular attention, as part of their role to drive new ways of creating differential competitive advantage”.

Carlos Kuchkovsky, CEO of QCENTROID, notes: “We bring a strong portfolio of capabilities that minimise risk and ensure these technologies fit into current processes seamlessly and sensibly. Our priority is to make quantum computing a measurable advantage for the metrics that matter to the business.

The agreement combines the experience and in-depth knowledge of TECNALIA's team with a collection of QCENTROID's development and service provision assets aimed at making quantum computing solutions fully reliable. For TECNALIA's head of Quantum Technologies, the key lies in “paying complete attention from the design phase of the technology so that once in production it can be integrated in the company's infrastructures in an optimal way, with minimum management and absolute robustness”.

As Antonio Perís, Quantum Innovation Leader at QCENTROID, points out, “CIOs and technical managers are ultimately the product owners of these solutions. We have generated the necessary machinery for a fully reliable integration of these tools into the organisation’s operations”.

About QCENTROID

QCentroid’s mission is to accelerate the adoption of revolutionary quantum technology for sustainable transformation by removing barriers to its productive use by organisations. QCentroid enables organisations to build and integrate last-generation quantum and digital solutions into their real-life operations faster and at a fraction of the cost, making tomorrow's most advanced computational tools truly accessible, today and every day.

Thanks to our patent-pending Quantum Ops process, the QCentroid platform accelerates solution development and deployment by an order of magnitude, meeting the most stringent integration requirements and preserving business continuity.

About TECNALIA

TECNALIA is the largest applied research and technological development centre in Spain, a European benchmark and member of the Basque Research and Technology Alliance. TECNALIA works with companies and institutions to improve their competitiveness, people's quality of life and achieve sustainable growth, thanks to a team of more than 1,500 people committed to building a better world through technological research and innovation.

This is why TECNALIA's research has a real impact on society and generates benefits in the form of quality of life and progress. Its main areas of action are: smart manufacturing, digital transformation, energy transition, sustainable mobility, health and food, urban ecosystem and circular economy.

In the latest brand awareness and positioning study carried out by the European Research Survey (ERS) in 2022, TECNALIA tops the list regarding R&D and Innovation brand awareness.