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This is an old revision of this page, as edited by RazorICE (talk | contribs) at 06:48, 18 August 2017 (Added new source). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

  • Comment: I would not resubmit because not only is it still such a new company, there's also simply not going to be the needed independent notability and substance for actually accepting, because it's too soon. SwisterTwister talk 19:43, 17 September 2016 (UTC)
QxBranch, LLC
Company typePrivately held company
IndustryComputer software
FoundedSeptember 12, 2014 (2014-09-12)
Headquarters
Washington, DC
,
USA
Key people
Dr Ray O. Johnson (Executive Chair)
Michael Brett (CEO)
Paul Guthrie (Chief Strategy Officer)
Number of employees
Approx. 15[1]
Websitewww.qxbranch.com

QxBranch, LLC (QxBranch) is a data analysis and quantum computing software company, based in Washington, D.C.[1] The company provides data analytics services and research and development for quantum computing technology.[2]

Services

QxBranch provides predictive analytics services to firms in the banking and finance industries.[2] The company also develops software products for quantum computing technologies[3], including developer tools and interfaces for quantum computers[4][5], as well as quantum computing simulators.[6][7][8] Additionally, the company provides consulting and research and development services to businesses that may be improved through quantum computing methods. Examples of this include a partnership with UBS to develop quantum algorithms for foreign exchange market trading and arbitrage, as part of a research and innovation research fund under the UK National Quantum Technologies Programme.[6][9]

History

QxBranch was founded in 2014 as a joint spin-off of Shoal Group and The Tauri Group to commercialize quantum computing technology.[10] Shoal Group (named Aerospace Concepts at the time) had a research agreement with Lockheed Martin to access a D-Wave Two quantum computer, and transitioned the access and associated technology to help found QxBranch.[11][12]

In August 2014, QxBranch was selected as one of eight participants for Accenture's FinTech Innovation Lab program in Hong Kong.[13][14]

In May 2015, Dr. Ray O Johnson, former Chief Technology Officer of Lockheed Martin Corporation, joined QxBranch as Executive Director.[15]

In January 2016, Australian Prime Minister Malcolm Turnbull toured QxBranch's facilities in Washington, D.C. for a demonstration of quantum computing applications.[16]

In November 2016, QxBranch, in partnership with UBS, was announced as a winning bid under the Innovate UK's Quantum Technologies Innovation Fund.[9]

In April 2017, QxBranch, in partnership with the Commonwealth Bank of Australia, released a quantum computing simulator aiming to enable software and algorithm development to assess the feasibility and performance of applications ahead of the development of silicon-based quantum computers.[7][17][8] The simulator was modeled on the hardware being developed by the University of New South Wales, and was made accessible as part of the bank’s internal cloud-based systems, enabling the development and evaluation of software and algorithms to occur in parallel with the hardware's development.[18]

Locations

QxBranch is headquartered in Washington, D.C. and has an engineering team in Adelaide, Australia[16], as well as offices in London[9] and Hong Kong.[14]

See also

References

  1. ^ a b Jayakumar, Amrita (4 May 2015). "Can quantum computing change the world? This start-up is betting on it". The Washington Post. Retrieved 2 September 2016.
  2. ^ a b Woodhouse, Alice (29 May 2015). "Hong Kong start-up developing quantum computing solutions for banking and finance". South China Morning Post. Retrieved 2 September 2016.
  3. ^ Thomas, Zoe (5 April 2016). "Quantum computing: Game changer or security threat?". BBC News. Retrieved 14 March 2017.
  4. ^ Hodson M, Fletcher D, Padilha D, Cook T (13 September 2016). Rapid prototyping with symbolic computation: Fast development of quantum annealing solutions. High Performance Extreme Computing Conference (HPEC), 2016. IEEE. doi:10.1109/HPEC.2016.7761632.
  5. ^ Dickerson, Kelly (18 April 2015). "Here's why we should be really excited about quantum computers". Business Insider Australia. Retrieved 14 March 2017.
  6. ^ a b Palmer, Jason (9 March 2017). "Here, There and Everywhere - Quantum technology is beginning to come into its own". The Economist. Retrieved 14 March 2017.
  7. ^ a b Smith, Paul (10 April 2017). "CBA steps into the future with quantum computing simulator". Australian Financial Review.
  8. ^ a b Yoo, Tony (10 April 2017). "Commonwealth Bank gets Asia-Pacific's first quantum computing simulator outside university sector". Business Insider Australia.
  9. ^ a b c "New winners to be announced at Quantum Technologies showcase" (Press release). Engineering and Physical Sciences Research Council (EPSRC). 4 November 2016. Retrieved 14 March 2017.
  10. ^ Tutty, Jacinda (21 September 2015). "US tech expert Michael Brett says computing is about to take a quantum leap". The Courier-Mail. Retrieved 2 September 2016.
  11. ^ Hutchinson, James (20 May 2014). "Aerospace Concepts makes $10m quantum leap". Australian Financial Review. Retrieved 2 September 2016.
  12. ^ Ravindranath, Mohana (1 June 2014). "At 1776, Australian engineering firm sets sights on Defense Department". The Washington Post. Retrieved 2 September 2016. {{cite news}}: Cite has empty unknown parameter: |1= (help)
  13. ^ "Eight Financial Technology Startups Enter the FinTech Innovation Lab Asia-Pacific" (Press release). Accenture. 31 August 2014. Retrieved 14 March 2017.
  14. ^ a b Groenfeldt, Tom (2 September 2014). "FinTech Innovation Lab in Hong Kong Launches With Eight Firms". Forbes. Retrieved 14 March 2017.
  15. ^ Hadhazy, Adam. "New-Age Computing". Aerospace America. Vol. 54, No. 7 (July-August 2016): 25. {{cite journal}}: |volume= has extra text (help)
  16. ^ a b Dodd, Tim (12 March 2016). "A revolution is coming in computing and Australia is at the forefront". Australian Financial Review. Retrieved 2 September 2016.
  17. ^ McLean, Asha (10 April 2017). "Commonwealth Bank prepares for quantum computing with launch of QxBranch simulator". ZDNet.
  18. ^ Wong, Wei-Shen (3 August 2017). "Quantum Computing: Beyond Zeros and Ones". WatersTechnology.

Category:Software companies based in Washington, D.C. Category:Technology companies established in 2014 Category:Quantum information science

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