REDWOOD
CITY, Calif. and LONDON, March 14,
2023 /PRNewswire/ -- Oxford Quantum Circuits (OQC), a
leading global Quantum Computing as a Service (QCaaS) company, and
Equinix, Inc. (Nasdaq: EQIX), the world's digital
infrastructure company™, today announced that OQC aims to make one
of the most powerful quantum computers available commercially to
businesses worldwide via Equinix's TY11 Tokyo
International Business Exchange™ (IBX®) data
center.
OQC is installing its quantum hardware in TY11 and plans to
leverage Equinix's on-demand interconnection solution, Equinix
Fabric®, to make its Quantum Computing as a Service
available to businesses and organizations around the world on
Equinix's global platform in late 2023.
Once connected to Equinix Fabric, businesses will benefit from
the ease of access to quantum computing as if it is on-premises,
meaning that they can trial and experiment with the ground-breaking
technology by directly connecting to QCaaS within their own digital
infrastructure with greater security and ease.
It is expected there will be growing demand from organizations,
with the technology set to support a wide range of sectors, from
drug discovery and development to risk management, banking and
advanced manufacturing.
Andrew Buss, Senior Research
Director, Europe: Future of
Digital Infrastructure, IDC points to recent research IDC
carried out: "For data-driven businesses, the ability to
differentiate and remain competitive comes down to delivering
meaningful insights on ever-more complex scenarios and in tighter
timespans. This is driving them to invest in cutting-edge
technologies, such as quantum computing, that have the potential to
revolutionize key data-to-insights functions. IDC predicts that by
2026, 95% of companies will invest in compute technologies that
deliver faster insights from complex data sets to drive
differentiated business outcomes.1 Making quantum
computing available 'as-a-Service' on a globally interconnected
digital infrastructure should significantly reduce barriers to
experimentation and adoption such as cost, skills, and the
complexity of integration—and open up quantum technology to many
more organisations to test and use."
Commenting on the news, Dr. Ilana Wisby, CEO at OQC, said: "The
world has been waiting for quantum computing to mature to the point
that it can change our lives. Installing quantum computing in
Equinix's world-class TY11 data center brings us a step closer to
this reality. Quantum computing represents a major shift in
terms of technology and process. Unlike traditional classical
computers, quantum computers can crunch vast amounts of data at
incredible speeds. We are excited to work with Equinix to help
businesses around the world to build their quantum skillset and
capabilities. The future is here, and we are setting the pace for
the era of quantum computing."
Arun Dev, Global Head of Digital Interconnection at
Equinix, highlights the benefits and importance of Equinix
Fabric for customers such as OQC wanting to expand their
connectivity opportunities: "Quantum computing has the
potential to transform the way businesses solve problems both now
and into the future, especially as our customers look for more
innovative solutions. As the world's digital infrastructure
company, we are proud to enable easier, secure, high-bandwidth
access to this pioneering technology to thousands of businesses
around the world. Welcoming OQC's quantum computer to our global
interconnection ecosystem on Platform Equinix underpins our
commitment to supporting innovation. We are looking forward to
working together to solve some of the key digital challenges
organisations face today."
Minister of State at the new UK Department for Science
Innovation & Technology George Freeman said:
"Quantum computing is set to be a transformational revolution in
processing speed and power, creating big opportunities in
everything from improved cyber security and faster drug discovery
to climate modelling and shattering heat emissions from computing.
That's why we've invested approximately £1bn over 10 years to
support the world-class UK quantum sector, attract the brightest
and best talent to the UK and attract world-leading companies to
invest here to drive economic growth. I recently visited
Japan to work on deepening our
strategic collaboration in computer science and technology. Today's
announcement shows the UK-Japan alliance is a key part of the
global race for the quantum industry."
Equinix Fabric
Powered by a resilient, high-bandwidth global backbone, Equinix
Fabric is an on-demand interconnection solution. Customers can
rapidly build private connectivity with their enterprise workloads,
whether they sit at a private data center, in an IBX facility, or
with any one of the major cloud providers. Equinix Fabric also
provides superior throughput performance and low latency for
customers, allowing them to move data efficiently between any of
these secure endpoints.
1 IDC FutureScape: Worldwide Future of Digital
Infrastructure 2023 Predictions Oct 2022 - IDC FutureScape -
Doc # US48376222
About OQC
OQC is a world-leading quantum computing company. We bring
quantum to our customers' fingertips and enable them to make
breakthrough discoveries. Our quantum computers are available via
data centres, private cloud and on Amazon Braket. For more
information: www.oxfordquantumcircuits.com
About Equinix
Equinix (Nasdaq: EQIX) is the world's digital infrastructure
company™. Digital leaders harness Equinix's trusted platform to
bring together and interconnect foundational infrastructure at
software speed. Equinix enables organizations to access all the
right places, partners and possibilities to scale with agility,
speed the launch of digital services, deliver world-class
experiences and multiply their value, while supporting their
sustainability goals.
Forward-Looking Statements
This press release contains
forward-looking statements that involve risks and uncertainties.
Actual results may differ materially from expectations discussed in
such forward-looking statements. Factors that might cause such
differences include, but are not limited to, risks to our business
and operating results related to the COVID-19 pandemic; the current
inflationary environment; foreign currency exchange rate
fluctuations; increased costs to procure power and the general
volatility in the global energy market; the challenges of
acquiring, operating and constructing IBX® and
xScale® data centers and developing, deploying and
delivering Equinix products and solutions; unanticipated costs or
difficulties relating to the integration of companies we have
acquired or will acquire into Equinix; a failure to receive
significant revenues from customers in recently built out or
acquired data centers; failure to complete any financing
arrangements contemplated from time to time; competition from
existing and new competitors; the ability to generate sufficient
cash flow or otherwise obtain funds to repay new or outstanding
indebtedness; the loss or decline in business from our key
customers; risks related to our taxation as a REIT and other risks
described from time to time in Equinix filings with the Securities
and Exchange Commission. In particular, see recent and upcoming
Equinix quarterly and annual reports filed with the Securities and
Exchange Commission, copies of which are available upon request
from Equinix. Equinix does not assume any obligation to update the
forward-looking information contained in this press release.
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SOURCE Equinix, Inc.