Page 40«..1020..39404142..5060..»

To Protect Genetic Privacy, Encrypt Your DNA – WIRED

In 2007, DNA pioneer James Watson became the first person to have his entire genome sequencedmaking all of his 6 billion base pairs publicly available for research. Well, almost all of them. He left one spot blank, on the long arm of chromosome 19, where a gene called APOE lives. Certain variations in APOE increase your chances of developing Alzheimers, and Watson wanted to keep that information private.

Except it wasnt. Researchers quickly pointed out you could predict Watsons APOE variant based on signatures in the surrounding DNA. They didnt actually do it, but database managers wasted no time in redacting another two million base pairs surrounding the APOE gene.

This is the dilemma at the heart of precision medicine: It requires people to give up some of their privacy in service of the greater scientific good. To completely eliminate the risk of outing an individual based on their DNA records, youd have to strip it of the same identifying details that make it scientifically useful. But now, computer scientists and mathematicians are working toward an alternative solution. Instead of stripping genomic data, theyre encrypting it.

Gill Bejerano leads a developmental biology lab at Stanford that investigates the genetic roots of human disease. In 2013, when he realized he needed more genomic data, his lab joined Stanford Hospitals Pediatrics Departmentan arduous process that required extensive vetting and training of all his staff and equipment. This is how most institutions solve the privacy perils of data sharing. They limit who can access all the genomes in their possession to a trusted few, and only share obfuscated summary statistics more widely.

So when Bejerano found himself sitting in on a faculty talk given by Dan Boneh, head of the applied cryptography group at Stanford, he was struck with an idea. He scribbled down a mathematical formula for one of the genetic computations he uses often in his work. Afterward, he approached Boneh and showed it to him. Could you compute these outputs without knowing the inputs? he asked. Sure, said Boneh.

Last week, Bejerano and Boneh published a paper in Science that did just that. Using a cryptographic genome cloaking method, the scientists were able to do things like identify responsible mutations in groups of patients with rare diseases and compare groups of patients at two medical centers to find shared mutations associated with shared symptoms, all while keeping 97 percent of each participants unique genetic information completely hidden. They accomplished this by converting variations in each genome into a linear series of values. That allowed them to conduct any analyses they needed while only revealing genes relevant to that particular investigation.

Just like programs have bugs, people have bugs, says Bejerano. Finding disease-causing genetic traits is a lot like spotting flaws in computer code. You have to compare code that works to code that doesnt. But genetic data is much more sensitive, and people (rightly) worry that it might be used against them by insurers, or even stolen by hackers. If a patient held the cryptographic key to their data, they could get a valuable medical diagnosis while not exposing the rest of their genome to outside threats. You can make rules about not discriminating on the basis of genetics, or you can provide technology where you cant discriminate against people even if you wanted to, says Bejerano. Thats a much stronger statement.

The National Institutes of Health have been working toward such a technology since reidentification researchers first began connecting the dots in anonymous genomics data. In 2010, the agency founded a national center for Integrating Data for Analysis, Anonymization and Sharing housed on the campus of UC San Diego. And since 2015, iDash has been funding annual competitions to develop privacy-preserving genomics protocols. Another promising approach iDash has supported is something called fully homomorphic encryption, which allows users to run any computation they want on totally encrypted data without losing years of computing time.

Kristen Lauter, head of cryptography research at Microsoft, focuses on this form of encryption, and her team has taken home the iDash prize two years running. Critically, the method encodes the data in such a way that scientists dont lose the flexibility to perform medically useful genetic tests. Unlike previous encryption schemes, Lauters tool preserves the underlying mathematical structure of the data. That allows computers to do the math that delivers genetic diagnoses, for example, on totally encrypted data. Scientists get a key to decode the final results, but they never see the source.

This is extra important as more and more genetic data moves off local servers and into the cloud. The NIH lets users download human genomic data from its repositories, and in 2014, the agency started letting people store and analyze that data in private or commercial cloud environments. But under NIHs policy, its the scientists using the datanot the cloud service providerresponsible with ensuring its security. Cloud providers can get hacked, or subpoenaed by law enforcement, something researchers have no control over. That is, unless theres a viable encryption for data stored in the cloud.

If we dont think about it now, in five to 10 years a lot peoples genomic information will be used in ways they did not intend, says Lauter. But encryption is a funny technology to work with, she says. One that requires building trust between researchers and consumers. You can propose any crazy encryption you want and say its secure. Why should anyone believe you?

Thats where federal review comes in. In July, Lauters group, along with researchers from IBM and academic institutions around the world launched a process to standardize homomorphic encryption protocols. The National Institute for Standards and Technology will now begin reviewing draft standards and collecting public comments. If all goes well, genomics researchers and privacy advocates might finally have something they can agree on.

Read the original:
To Protect Genetic Privacy, Encrypt Your DNA – WIRED

Read More..

Cloud Encryption Market Worth 2401.9 Million USD by 2022 – Markets Insider

PUNE, India, August 23, 2017 /PRNewswire/ —

According to a new market research report “Cloud Encryption Market by Component (Solution and Service), Service Model (Infrastructure-as-a-Service, Software-as-a-Service, and Platform-as-a-Service), Organization Size, Vertical, and Region – Global Forecast to 2022”, published by MarketsandMarkets, the market size is expected to grow from USD 645.4 Million in 2017 to USD 2,401.9 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 30.1%.

(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 64 Market Data Tables and 45 Figures spread through 184 Pages and in-depth TOC on “Cloud Encryption Market”

http://www.marketsandmarkets.com/Market-Reports/cloud-encryption-market-158713019.html

Early buyers will receive 10% customization on this report

The demand for cloud encryption is majorly driven by stringent government regulations and the need to protect mission critical data residing on the cloud. With the rising demand for cloud and virtualization across different industry verticals, the adoption rate of cloud encryption among enterprises is expected to gain a major traction during the forecast period.

The Infrastructure-as-a-Service (IaaS) model is expected to hold the largest market share

The IaaS segment includes the offerings such as servers, storages, and networking infrastructure on-premises private cloud. This infrastructure is used to run the applications on the public cloud. It enables the organizations to reduce the total cost of ownership as the infrastructure is being provided by third-party vendors in the form of cloud-based data centers. However, virtualization introduces new security challenges. Thus, enterprises are adopting cloud encryption solution and services to run business-critical functions securely.

Ask for PDF Brochure @http://www.marketsandmarkets.com/pdfdownload.asp?id=158713019

The telecom and IT vertical is expected to grow at the fastest rate

The telecom and IT vertical involves high usage of cloud-based applications for their business operations and is thus frequently attacked by cybercriminals. Companies in this sector are adopting cloud encryption solutions so as to provide their customers risk-free services. The usage of cloud encryption has allowed users to save the important information on their mobile devices and use that information through the cloud without any risk. Therefore, cloud encryption solutions are helping telecom and IT companies in enhancing their services and providing secure information to customers while complying with regulations.

North America is expected to contribute to the largest market share; Asia Pacific to grow the fastest during the forecast period

North America is expected to have the largest market share and dominate the Cloud Encryption Market from 2017 to 2022, owing to the early adoption of new and emerging technologies and the presence of a large number of players in this region. APAC offers extensive growth avenues in the Cloud Encryption Market, owing to a widespread presence of SMEs that are extensively adopting cloud technology.

The major vendors providing cloud encryption solutions and services are Thales e-Security (La Defense, France), Gemalto N.V. (Amsterdam, Netherlands), Sophos Group plc (Abingdon, UK), Symantec Corporation (California, US), Skyhigh Networks (California, US), Netskope Inc. (California, US), CipherCloud (California, US), HyTrust, Inc. (California, US), Trend Micro Incorporated (Tokyo, Japan), Vaultive, Inc. (Massachusetts, US), and TWD Industries AG (Unteriberg, Switzerland).

Enquiry Before Buying @http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=158713019

Browse Related Reports

Cloud Security Market by Service Type (IAM, DLP, IDS/IPS, SIEM, and Encryption), Security Type, Service Model (IaaS, PaaS, and SaaS), Deployment Type (Public, Private, and Hybrid), Organization Size, Vertical, and Region – Global Forecast to 2022http://www.marketsandmarkets.com/Market-Reports/cloud-security-market-100018098.html

Mobile Encryption Market by Component (Solution and Services), Application (Disk Encryption, File/Folder Encryption, Communication Encryption, and Cloud Encryption), End-User Type, Deployment Type, Vertical, and Region – Global Forecast to 2022http://www.marketsandmarkets.com/Market-Reports/mobile-encryption-market-120317676.html

Know More About our Knowledge Store @http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets

MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’ flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:Mr. RohanMarketsandMarkets701 Pike StreetSuite 2175, Seattle,WA 98101, United StatesTel: +1-888-600-6441Email: rel=”nofollow”>sales@marketsandmarkets.com

Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-itConnect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

Read the original post:
Cloud Encryption Market Worth 2401.9 Million USD by 2022 – Markets Insider

Read More..

Why 2017 Is The Year To Understand Cloud Computing – Nasdaq

The Cloud has become a major buzzword in business for very good reason. Small businesses and large enterprises alike cantake advantage of cloud computingto build and expand the computer based infrastructurebehind the scenes. Follow this guide to better understand what cloud computing is, how it works, and how you can take advantage.

In the old world of web servers and internet infrastructure, websites and other online assets were typically limited to one main server, or a few linked servers using tools called load balancers, to process and send data, whether it be acustomer facing websiteor internal facing application. The advent of content delivery networks (CDNs) powered up those servers to host and serve data from the edge of the network for faster serving and sometimes lower costs.

As computing demand exploded with the rise of the smartphone and high-speed internet, consumer and business needs downstream of those servers continues to creep upward. Cloud computing has emerged as the best option to handle an array of computing needs for startups and small businesses due to the ability to start at a low cost and scale, almost infinitely, as demand grows. Advances in cloud technology at Amazon, Google, Microsoft, IBM, Oracle, and other major cloud providers is making cloud computing more desirable for all businesses.

When cloud computing first emerged, large enterprises were the only businesses able to afford the cost of elastic, flexible computing power. Now, however, those costs are more likely a drop in the bucket for small businesses.

For example, I use the cloud to store and serve videos forDenver Flash Mob, a side hustle business I run with my wife. Our monthly bill is typically around a dollar or two, and heavy months lead to a bill around five bucks. No big deal! Mylending startup Money Molais also cloud based, with costs to run both a development server and public facing server running us around $30 per month.

The first time I logged into Amazon Web Services (AWS) it seemed like I needed a computer science degree to use it! I had a hard time doing even basic tasks outside of uploading and sharing videos. Thankfully Amazon has made using AWS much easier, though it is not without its challenges.

Im a pretty techy guy, so my skillset is a bit more advanced than the average computer user. I have setup AWS to send outgoing transactional emails,automatically backup websites, and more on my own. If you are willing and able to hire a cloud expert, the possibilities of the cloud are endless. Anything from web hosting to artificial intelligence and big data analysis can run in the cloud.

The most basic way to get started with cloud computing is website and computer backups. If you use WordPress for your website, setting up cloud backups is simple with one of a handful of plugins likeUpdraft Plus. If you can use the WordPress dashboard, you can setup cloud backups with Updraft plus. It is quick and easy and includes out of the box support. Easy from companies like AWS, Drobox, Google Drive, Rackspace Cloud, and other services. The paid plugin version adds access to Microsoft OneDrive and Azure, Google Cloud Storage, and other options.

I runseveral backups of both my laptop and my web based assets. If my home were to be burglarized or burned down, the cloud has me covered. If my laptop is stolen, I have a backup at home and in the cloud. Redundant backups are not optional, they are a must in 2017.

In addition to safe, secure backups, the cloud can reach far corners of the planet. Utilizingcloud based CDNs, you know your customers will get every video and web page they want with near instant speeds.

Lets say your business has a popular video you want to share around the world. With acloud CDN, you upload your video once to the web. Then the CDN takes over and creates copies of that video file in data centers around the world. Whenever a customer clicks to view that video, they are served a copy from the closest data center to their location.

Thanks to the power of a CDN, you dont have to send viewers in Australia, London, Bangkok, and Buenos Aires a video from your web server in Texas. Each one gets a local copy so they get their video even faster, offering a better customer experience. App based businesses can even run multiple versions of their app in data centers around the world. This will nsure every user has the same great experience.

It doesnt matter what your business does, there is some way the cloud can help you achieve better results. The cloud is only going to grow and become more prominent in business. Older computer methods will go the way of the fax machine. If you want serious computing success with scalability and flexibility, the cloud is your best option.

This article was originally published on Due.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Read the original post:
Why 2017 Is The Year To Understand Cloud Computing – Nasdaq

Read More..

The Benefits of Multi-Cloud Computing Architectures for MSPs – MSPmentor

Multi-cloud computing architectures are the next step up from cloud computing.

If you’re an MSP, it may no longer be enough to have just one cloud.

Here’s why a multi-cloud strategy can helped managed services providers.

As the term implies, multi-cloud computing refers to the use of more than one cloud.

A multi-cloud architecture could involve multiple public clouds — such as AWS, Azure and Google Cloud Platform.

Multi-cloud could also take the form of a mixture of different types of clouds — a public cloud, a private cloud and a managed cloud, for example.

In the latter sense, there is some overlap between multi-cloud architectures and hybrid architectures, which mix public and private clouds together.

Think of hybrid cloud as one form of multi-cloud computing.

Multi-cloud is a broader category, because it involves mixing clouds of many different types.

What do businesses — and MSPs in particular — have to gain from a multi-cloud strategy?

Consider the following advantages of a multi-cloud architecture:

Go here to see the original:
The Benefits of Multi-Cloud Computing Architectures for MSPs – MSPmentor

Read More..

VMware shares to surge more than 20% because the Amazon cloud threat is overblown: Analyst – CNBC

Wall Street rarely talks about its mistakes, but Deutsche Bank admitted it overestimated the Amazon Web Services threat to VMware’s business.

The firm raised its rating for VMware shares on Monday to buy from hold, saying the company’s server virtualization software can continue to thrive in a cloud-computing world.

“We’ve spent much of the last two years worried about VMware’s on-premise core server business given its maturity and the threat from AWS/Cloud adoption [Amazon Web Services],” analyst Karl Keirstead wrote in a note to clients entitled “Overcoming our AWS fears.”

“This upgrade should be seen in the context of growing evidence that large enterprises are embracing a hybrid model, materially lowering the out-year risk profile of VMware shares.”

The hybrid model is defined by companies using both local servers on-site and cloud-computing servers off-site. Keirstead said he realized the staying power of VMWare’s on-site server market was more “durable” than he originally forecast.

“We believe that large enterprises are migrating IT workloads to the public cloud model at a slower-than-expected pace and are electing to ramp spending to modernize their on-premise IT infrastructures,” he wrote. “Our recent checks agree that VMware technology is proving to be more durable than they would have thought 12-18 months ago.”

As a result, Keirstead increased his VMware price target to $120, which is 24 percent higher than Monday’s close. His previous price target was $110.

VMware shares are outperforming the market this year. Shares have risen 23.2 percent year to date through Monday compared with the S&P 500’s 8.5 percent gain.

The analyst said he is also cautiously optimistic about the VMware and Amazon AWS strategic partnership announced in October, which enables access to AWS computing power for the company’s customers.

“We are positive on the deal for both parties. It is hard to imagine how this could end up being a net negative for either party,” he wrote. “We conclude that the stock can still work even if the initial lift from VMware Cloud on AWS is modest.”

VMware will report second-quarter earnings on Thursday after the market close. Its stock traded up 1.8 percent short after Tuesday’s market open.

CNBC’s Michael Bloom contributed to this story.

Read this article:
VMware shares to surge more than 20% because the Amazon cloud threat is overblown: Analyst – CNBC

Read More..

Microsoft acquires cloud computing firm Cycle Computing to boost … – The News Minute


The News Minute
Microsoft acquires cloud computing firm Cycle Computing to boost …
The News Minute
To accelerate big computing in the Cloud, Microsoft has acquired Cycle Computing, a leader in cloud computing orchestration, for an undisclosed sum. With this …
Cycle Computing will make Microsoft Azure more appealing to more enterprisesTechRepublic
Microsoft acquires cycle computing for users to accelerate to cloudETCIO.com
Microsoft acquires Cloud firm Cycle ComputingBusiness Standard
DeathRattleSports.com
all 19 news articles »

Here is the original post:
Microsoft acquires cloud computing firm Cycle Computing to boost … – The News Minute

Read More..

Goldman Sachs just poured $45 million into a company picking up Amazon’s slack in the cloud – Yahoo Finance

thor culverhouse skytap ceo

(Skytap CEO Thor CulverhouseSkytap) Amazon Web Services is the big behemoth of cloud computing, followed by Microsoft Azure and Google Cloud.

The economies of scale of cloud services mean that it’s very difficult for any new players to compete unless they have theglobal reach and resourcesof those tech titans.

Difficult, but not impossible, especially if you zero in on an underserved part of the market. Take, for example, Skytap, a 10-year-old cloud computing service provider based in Seattle.

Skytap started as a project out of the University of Washington. It focuses exclusively on helping huge companies update their existing, old-school software for the modern age. By devoting all its energies to that one corner of the market, Skytap believes it can thrive even under Amazon’s shadow.

“It doesn’t make sense for us to go head-to-head with Amazon in their areas of expertise,” Skytap CEOThor Culverhouse said.

Skytap already has name-brand customers includingGE Healthcare and NBCUniversal. And investors are on board too.

The companyjust announced a $45 million round of funding led by Goldman Sachs. That brings its total funding to over $100 million. If all goes according to plan, the investment will start an 18-to-24 month countdown to an eventual IPO,Culverhouse said.

Amazon Web Services got its start by focusing on winning over individual developers and small startups, including Slack and Airbnb, and reaping the benefits as those companies grew and expanded their usage.To that end, Amazon as well as chief rivals Google and Microsoft prides itselfon supporting the most up-to-date developer tools and methods.

By contrast, Skytap’s sales pitch is it offers a cloud computing platform that’s designedto behave like an old-school, legacy data center, makingit easier for enterprises to bring their existing large-scale applications to the cloud. And once those applications areinthe cloud, the company can offer customers a slew of benefits,Culverhouse said.

(Amazon Web Services CEO Andy JassyAmazon)

Similar to AWS, Skytapallows customers to easily add or remove computing capacity in line with their needs. And its support for trendy technologies like Docker software containers allows customers toslowly but surely modernize their software.

Skytap is starting to catch on with customers.The company’s second-quarter revenue this year was three times higher than in the same period last year, Culverhouse said, although he declined to disclose the actualnumbers. Contributing to the company’sgrowth has beena resale arrangement with IBM, where Big Blue provides Skytap technology to its own customers.

As it ramps up for its IPO, Skytap is doubling down on what it’s already doing, Culverhouse said. Currently, the company employs about 170 people; Culverhouse expects that number to double in the next year, with a focus on sales and engineering. Similarly, Skytap plans to grow its international presence.

microsoft scott guthrie

Read More

(Microsoft Executive VP of Cloud and Enterprise Scott GuthrieMicrosoft)

What Skytap won’t be doing is making moves that will put it more directly into Amazon’s path, Culverhouse said. Instead, Skytap will continue to focus its energies on helping big enterprise customers bring their existing software into the cloud.

“That’s where we can deliver the most value,” he said.

Goldman Sachs has been busy in the tech sector of late. In addition to investing in Skytap, the venerable financial firm announced Monday that it also led a $44 million investment in database provider Redis Labs.

NOW WATCH: How to make ‘cloud eggs’ Instagram’s newest obsession

More From Business Insider

See the rest here:
Goldman Sachs just poured $45 million into a company picking up Amazon’s slack in the cloud – Yahoo Finance

Read More..

Cloud Computing confirmed for Travers Stakes 2017 – Horse Racing … – Horse Racing Nation

Trainer Chad Brown confirmed Monday morning that Klaravich Stables and William Lawrence’s Grade 1 Preakness winner Cloud Computing will enter the Grade 1, $1.25 million Travers Stakes 2017 presented by NYRA Bets, on Saturday, August 26.

By Maclean’s Music, a son of multiple graded stakes winner Distorted Humor, Cloud Computing impressively won his debut by 1 lengths on February 11 at Aqueduct Racetrack. Second in the Grade 3 Gotham Stakes March 4 at Aqueduct, he went on to finish third in the Grade 2 Wood Memorial. Despite accumulating 40 points on the Kentucky Derby leaderboard, his connections decided to skip the race.

Making his first Grade 1 start in the second leg of the Triple Crown and sent off at odds of 13-1, Cloud Computing upset Kentucky Derby winner Always Dreaming and outdueled Breeders’ Cup Juvenile champion Classic Empire to upset the Preakness with Hall of Famer Javier Castellano aboard.

Returning from his victory in the Preakness to run in the Grade 2 Jim Dandy, the traditional local prep for the Travers, July 29, Cloud Computing briefly put in a bid before weakening on the far turn to finish last as the 3-2 second choice in a field of five.

Cloud Computing has breezed twice over Saratoga’s main track since the race, most recently working five furlongs in 1:01.65 last Saturday with Castellano aboard. Brown said he exited the work in good order leaving the trainer confident to enter him in the Travers.

“He couldn’t have worked any better,” said Brown. “I was very happy with the work and Javier was pleased, and he came out of his work well.”

Brown said Castellano will ride Cloud Computing in the Travers, a race he won for a record fifth time when Keen Ice upset Triple Crown champion American Pharoah in 2015. Castellano also won with Bernardini (2006), Afleet Express (2010), Stay Thirsty (2011) and V.E. Day (2014).

With Always Dreaming and Todd Pletcher-trained stablemate Tapwrit, the Belmont Stakes winner, also expected to run, it marks the first time that the individual winners of all three Triple Crown races will meet in the Travers since 1982, when Runaway Groom upset Gato del Sol, Aloma’s Ruler and Conquistador Cielo.

Source: NYRA (Najja Thompson)

Excerpt from:
Cloud Computing confirmed for Travers Stakes 2017 – Horse Racing … – Horse Racing Nation

Read More..

Silicon Quantum Computing launched to commercialise UNSW … – ZDNet

A new company dubbed Silicon Quantum Computing (SQC) has been launched to take advantage of and commercialise the work done by the University of New South Wales (UNSW) in the quantum space.

SQC will work out of new laboratories within the Centre for Quantum Computation and Communication Technology (CQC2T) at UNSW, and is slated to hire 40 staff members — made up in part by 25 post-doctoral researchers and 12 PhD students.

The board for SQC will consist of professor Michelle Simmons, who has been the driving force behind CQC2T; Telstra chief scientist Hugh Bradlow; Commonwealth Bank of Australia (CBA) CIO David Whiteing; and Secretary of the federal Department of Industry, Innovation and Science Glenys Beauchamp, with corporate lawyer Stephen Menzies to serve as its interim chair.

Announced on Wednesday as a new shareholder, but not taking a board seat, was the NSW government, which funded the company to the tune of AU$8.7 million from its Quantum Computing Fund.

The state government funding follows CBA investing AU$14 million, Telstra injecting AU$10 million, the federal government allocating AU$25 million over four years, and UNSW putting $25 million towards CQC2T.

SQC is targeting having a 10-qubit machine commercialised by 2022.

Menzies told ZDNet that the creation of the company would shorten the time to market by three years, and allow for a patent portfolio to be built. He said the company is seeking three more investors to fund it at similar levels to Telstra and CBA, and is currently on the hunt for a CEO.

“We will fund hardware, but from that we will develop a patent pool which we hope will be without peer in the world,” Menzies said during the launch.

“In the first five years, we are very focused, the business plan is focused on the patents associated with an engineered 10-qubit device. But beyond that, we see that we have a stage on which we develop across Australia and across Australian institutions, a broad quantum industry.”

Minister for Industry, Innovation and Science Arthur Sinodinos said quantum computing was important to the country’s future.

“Whatever sector of innovation, we want to be really good in, we need to be world beaters,” he said on Wednesday.

“We want to be able to create a competitive advantage, command a premium, and you do that by doing something new, something that others find it hard to replicate, or it takes them time to replicate and by the time they have replicated it, you’ve moved on to something else.”

Previously, Simmons said she believes the work completed by CQC2T to develop silicon-based qubits will win out in the race to a 30-qubit system.

“We do believe that silicon is the one that has longevity; it’s a manufacturable material, and it has some of the highest-quality qubits that are out there,” Simmons said in June.

“That’s why it’s very exciting for Australia. We actually believe this can go all the way, and we believe we can build it in Australia.”

Telstra chief scientist Bradlow reiterated on Wednesday that Telstra sees itself offering quantum computing as a service.

“I can assure you they are not going to walk in on day one and know how to use these things,” he said previously.

“We want to be able to offer it as-a-service to them … they will need a lot of hand holding, and they are not going to run the equipment themselves, it’s complicated.”

For its part, CBA is preparing for a quantum future by using a quantum computing simulator from QxBranch.

“The difference between the emulator of a quantum computer and the real hardware is that we run the simulator on classical computers, so we don’t get the benefit of the speed up that you get from quantum, but we can simulate its behaviour and some of the broad characteristics of what the eventual hardware will do,” QxBranch CEO Michael Brett told ZDNet in April.

“What we provide is the ability for people to explore and validate the applications of quantum computing so that as soon as the hardware is ready, they’ll be able to apply those applications and get the benefit immediately of the unique advantages of quantum computing.”

See the rest here:
Silicon Quantum Computing launched to commercialise UNSW … – ZDNet

Read More..

IEEE Approves Standards Project for Quantum Computing … – Business Wire (press release)

PISCATAWAY, N.J.–(BUSINESS WIRE)–IEEE,the world’s largest technical professional organization dedicated to advancingtechnology for humanity, and the IEEE Standards Association (IEEE-SA), today announced the approval of the IEEE P7130Standard for Quantum Computing Definitions project. Thenew standards project aims to make Quantum Computing more accessible to a larger group of contributors, including developers of software and hardware, materials scientists, mathematicians, physicists, engineers, climate scientists, biologists and geneticists.

IEEE P7130 will define terms related to the physics of quantum computing including quantum tunneling, super position, quantum entanglement, as well as other related terms and terminology that will be updated as technological advances are made.

“While Quantum Computing is poised for significant growth and advancement, the emergent industry is currently fragmented and lacks a common communications framework, said Whurley (William Hurley), chair, IEEE Quantum Computing Working Group. IEEE P7130 marks an important milestone in the development of Quantum Computing by building consensus on a nomenclature that will bring the benefits of standardization, reduce confusion, and foster a more broadly accepted understanding for all stakeholders involved in advancing technology and solutions in the space.

“IBM is part of quantum information’s history, since its foundation more than 30 years ago. And we’ve been championing important terms, metrics, and scientific methods ever since,” said Jerry Chow, manager, Experimental Quantum Computing, IBM Research and IEEE P7130 working group participant. “This standards project will help anyone from students to seasoned quantum scientists nucleate around a common language, while keeping up with the field’s rapid pace of change, and further accelerate pioneering experiments and explorations in quantum computing.”

“1QBit works with a variety of classical,quantumand otherwise non-standard processors, which necessitates communication between multiple external teams, across a wide range of industries, discussing many different types of computing systems, said Andrew Fursman, CEO 1Qbit and IEEE P7130 working group participant.IEEE P7130 “Standard for QuantumComputing Definitions”provides a valuable service to 1QBit, our partners inquantum computing, and the many industries with which we intersect.”

Confusions exist on what quantum computing or a quantum computer means, added Professor Hidetoshi Nishimori of the Tokyo Institute of Technology and IEEE P7130 working group participant. This partly originates in the existence of a few different models of quantum computing. It is urgently necessary to define each key word.

To learn more about IEEE P7130, please visit the Quantum Computing Working Group landing page.

To learn more about IEEE-SA, visit us on Facebook, follow us on Twitter, connect with us on LinkedIn or on the Standards Insight Blog.

About the IEEE Standards Association

The IEEE Standards Association, a globally recognized standards-setting body within IEEE, develops consensus standards through an open process that engages industry and brings together a broad stakeholder community. IEEE standards set specifications and best practices based on current scientific and technological knowledge. The IEEE-SA has a portfolio of over 1,200 active standards and over 650 standards under development. For more information visit http://standards.ieee.org.

About IEEE

IEEE is the largest technical professional organization dedicated to advancing technology for the benefit of humanity. Through its highly cited publications, conferences, technology standards, and professional and educational activities, IEEE is the trusted voice in a wide variety of areas ranging from aerospace systems, computers, and telecommunications to biomedical engineering, electric power, and consumer electronics. Learn more athttp://www.ieee.org.

Read more:
IEEE Approves Standards Project for Quantum Computing … – Business Wire (press release)

Read More..