- EY Global Services Limited announced it will be joining the IBM Quantum Network to allow the EY team to explore solutions with IBM.
- As part of the collaboration, EY will gain access to IBM’s quantum computers via the cloud and become.
- Critical Quote: “Quantum, in terms of its business, societal and organizational importance to EY, is similar to what AI represented many years ago. This alliance puts the EY organization at the forefront of technology. As we invest in this level of access of quantum computing, we accelerate our own position and depth of knowledge and capabilities in this space and deepen our rich relationship with our IBM alliance team.” — Andy Baldwin, EY Global Managing Partner – Client Services.
- Image: IBM
PRESS RELEASE – EY and IBM Organizations (NYSE: IBM) today announced that EY Global Services Limited will be joining the IBM Quantum Network, further enabling the EY team to explore solutions with IBM that can help solve some of today’s most complex business and global challenges. EY organizations will gain access to IBM’s fleet of quantum computers via the cloud, and will be part of the IBM Quantum Network community of organizations working to advance quantum computing.
Quantum computing is a rapidly developing technology that utilizes the laws of quantum mechanics to solve problems that today’s most powerful supercomputers cannot solve. The EY team will leverage their access to the world’s largest fleet of quantum computers to explore solutions to enterprise challenges in finance, oil and gas, healthcare, and government.
The EY organization founded its own Global Quantum Lab last year with a mission to harness quantum value in the domains of trust, transformation and sustainability. Using IBM’s quantum technology, the EY team plans to conduct class-leading research to uncover transformative use cases, including: reducing CO2 emissions from classical computing, improving the safety and accuracy of self-driving cars, and most importantly, integrating the benefits of quantum into mainstream systems. organization for data processing and enterprise decision making.
Andy Baldwin, EY Global Managing Partner – Client Services, said:
“Quantum, in terms of its importance to EY’s businesses, society, and organizations, is similar to what AI represented many years ago. This alliance puts the EY organization at the forefront of technology. As we invest in this level of access of quantum computing, we accelerate our own position and depth of knowledge and capabilities in this space and deepen our rich relationship with our IBM alliance team.”
Jeff Wong, EY’s Global Chief Innovation Officer, said:
“As we navigate this period of technology-driven change, which is accelerating at an unprecedented pace, companies must have a full understanding of how to maximize breakthrough innovation to keep up. Through this relationship with IBM, EY’s organization will now have the ability to leverage quantum computing to drive its innovation journey.”
Jay Gambetta, Vice President, IBM Quantum, said:
“IBM’s vision is to bring quantum computing to the world. We value partners such as the EY organization who can introduce new technologies to the broad public and private industry ecosystem. This will help EY facilitate exploring the potential of quantum computing for important use cases in their industry.”
Membership in the IBM Quantum Network is part of a wider effort by the EY organization to invest and develop strong capabilities in emerging technologies, which already include artificial intelligence, blockchain, and metaverse development. Beyond increased investment in the EY-IBM Alliance, the EY organization invested $10 billion in technology initiatives over three years, including investments in the organization’s own quantum functions.