Markets
From quantum popcorn to multi-billion markets
How is Kipu Quantum different?
The majority of the hardware developers in the quantum computing industry is focused on developing universal devices on a long horizon (so called FTQC, see “Technology“, while software players occupy the interface to end users and try to develop hardware-agnostic algorithms that make use of the intermediate steps the best way they can. To illustrate, IBM announced to move from 65 to 127 qubits in 2021, to 433 in 2022, to 1,121 in 2023. Unfortunately, today’s 50 to 100 noisy qubits have not been good enough to solve the problems the approached end users would find interesting like this.
Kipu Quantum turns this approach around – we rigorously productize today’s available hardware by mapping it to customer customer needs that can be solved immediately or in the very near future. We also apply our technology tool box , which is based on more than one decade of research .
What are Kipu's target customers?
We see 5 target markets, in which we are developing 5 product lines.
The beautiful thing about the art, exhibition and school vertical is that they fall in what we dubbed quantum popcorn – we can start to serve them with products starting at a single functional physical qubit, which allows us to immediate productize in this market and build our supply chain. The university and industry markets can be served once about 100-1000 qubits are available, which we assume to be the case around 2023 based on the released hardware roadmaps.