Aussies Estimate Aussie Quantum Tech Market Comparable in $ize to Aussie Wheat and Aussie Wool Market
Pawsey Supercomputing Center and Quantum Brilliance Join Forces to Advance Australian Quantum Computing
Excerpts from announcement…
+ The Pawsey Supercomputing Centre and Quantum Brilliance will be collaborating to develop Australia’s first quantum-supercomputing hub for innovation.
This makes the possible quantum technology market value comparable to long-standing Australian markets including wool ($3.6 billion, 2016-2017) and wheat ($5.8 billion, 2017-2018) industries.
+ This collaboration is already starting to implement the recommendations from “Growing Australia’s Quantum Technology Industry”, a new roadmap from Australia’s national science agency, CSIRO.
+ CSIRO estimates the potential market opportunity for Australia from quantum computing at $2.5 billion per annum in revenue and 10,000 new jobs by 2040, without counting the significant growth and value that quantum computing will bring to Australia’s other industries. When other quantum technologies like sensing and communications are added, the potential market opportunity rises to ~$4.3 billion and 16,000 new jobs.
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