Omdia is part of Informa TechTarget

This website is owned and operated by Informa TechTarget, part of a global network that informs, influences and connects the world’s technology buyers and sellers. All copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. TechTarget, Inc.’s registered office is 275 Grove St. Newton, MA 02466.

header banner coverage

Omdia survey of quantum computing adopters signals positive outlook for vendors

30 May 2023

quantum computing 04_AdobeStock_570332435

LONDON, 30 May, 2023 – Quantum computing (QC) vendors face a long and challenging road to large scale, fault-tolerant quantum computers. Especially when macroeconomic conditions worsen, and fears of a “quantum winter” increase, vendors need fortitude – and plenty of capital – to keep momentum. Based on results from a QC commercial adopter survey that Omdia fielded in April 2023, vendors have cause for some optimism.

Commercial adopters of QC are willing to invest significantly, even in the short term, to explore uses for the technology. Fifty percent of respondents surveyed by Omdia in April 2023 reported their organizations had committed between $1m and $5m in annual budget for QC. Meanwhile, 33% of respondents reported budgets of between $250,000 and $1m, and 13% cited budgets beyond $5m per year.

Respondents also view QC vendors as primary sources of information about the technology. Vendors topped the list of primary sources, ahead of academic research, conference attendance, media sources, and webinars.

At the same time, respondents worry about the lack of sufficient internal expertise with QC technology within their organizations and are concerned that QC technology is simply too complex. These were the top two challenges cited by respondents, ahead of factors such as QC technology being too immature.

“Vendors have a prime opportunity to work closely with adopters as these customers explore how QC technology can positively impact their businesses,” says Sam Lucero, Chief Analyst for Quantum Computing at Omdia. “Co-developing applications with their customers can not only help address gaps in customers’ own internal expertise, but dramatically deepen relationships between vendor and customer as well.”

Omdia published the results of its survey in May 2023. The survey drew 271 responses from current commercial adopters of QC technology from companies based in the US, Germany, and China.

More From Our Experts and Leaders View All
Let's Connect

More insights

Assess the marketplace with our extensive insights collection.

More insights

Hear from analysts

When you partner with Omdia, you gain access to our highly rated Ask An Analyst service.

Hear from analysts

Omdia Newsroom

Read the latest press releases from Omdia.

Omdia Newsroom

Solutions

Leverage unique access to market leading analysts and profit from their deep industry expertise.

Solutions
register Banner

Register here for full complimentary research reports and content.

Get ahead in your business and receive industry insider news, findings and trends from Omdia analysts.

Register