"Companies currently spend 11 percent of their R&D budget on quantum computing, an increase of 7 percent compared to 2023. However, preparedness remains limited, with an average Quantum Readiness Index score of only 28 out of 100. The biggest stumbling block? A shortage of qualified personnel. IBM has published the second edition of its Quantum Readiness study. The report shows that companies worldwide are significantly increasing their investments in quantum technology. However, the technology itself and the available expertise are still lagging behind."
"The new index measures how well organizations are prepared for quantum computing. That score rose from 22 in 2023 to 28 this year. Petra Florizoone, Director of Global Partnerships & Business Development for IBM Quantum and co-author of the study, explains the figures during a media roundtable in Brussels. "We are seeing momentum, which is positive. Companies are beginning to recognize the value. However, there are still major gaps.""
Companies increased their R&D allocation to quantum computing to 11 percent, a 7 percent rise from 2023. The average Quantum Readiness Index improved from 22 to 28 but remains low at 28 out of 100, indicating limited preparedness. IBM published the second edition of its Quantum Readiness study and reports rising investments worldwide, while the underlying technology and expertise lag behind. Europe matches the global average with a score of 28 and is closing the gap with the US and Japan. The primary obstacle is a shortage of qualified talent, with 61 percent citing talent gaps and two-thirds of quantum-related vacancies in Europe remaining unfilled.
Read at Techzine Global
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