D-Wave to Present at Reuters Supply Chain USA 2024

Rhea-AI Summary

D-Wave Quantum (NYSE: QBTS) announced its participation in the upcoming Reuters Supply Chain USA 2024 conference in Atlanta, GA, on May 22-23, 2024.

As a leader in quantum computing systems, D-Wave aims to address supply chain optimization challenges using quantum and hybrid-quantum solutions. The conference will gather over 700 senior supply chain professionals to explore innovative strategies for supply chain resilience and risk mitigation.

Murray Thom, VP of quantum technology evangelism at D-Wave, will discuss how quantum computing can solve complex supply chain issues, enhance adaptability, and drive sustainability.

This participation aligns with D-Wave’s growth strategy to promote quantum computing adoption in key sectors like logistics and manufacturing.

Positive

• D-Wave Quantum is showcasing its quantum-powered optimization solutions at a major industry event, highlighting its technological advancements.
• The company's participation in Reuters Supply Chain USA 2024 aligns with its strategic growth plans, potentially boosting its market presence.
• Murray Thom's speaking engagement underscores the company's role as a thought leader in quantum computing, which may attract new clients and investors.
• The focus on quantum solutions for supply chain resilience and sustainability can position D-Wave as a key player in resolving modern logistical challenges.

Negative

• Participation in an event does not guarantee immediate financial returns or market adoption.
• The announcement lacks specific financial data or earnings implications, leaving investors uncertain about immediate benefits.
• There is inherent risk in the adoption of emerging technologies like quantum computing, which may not deliver expected results in the short-term.
• The PR does not address potential competition or market challenges D-Wave might face in promoting its quantum solutions.

Participation showcases how quantum-powered optimization solutions help address real-time supply chain disruptions amid growing complexity

PALO ALTO, Calif.--(BUSINESS WIRE)-- D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced it is participating in the upcoming Reuters Supply Chain USA 2024 conference, reflecting the company’s focus on addressing optimization challenges across supply chain logistics and manufacturing through quantum and hybrid-quantum solutions.

The event, which takes place in Atlanta, GA May 22 and 23, 2024, brings together 700+ senior supply chain pioneers to explore innovative solutions and strategies that help create supply chain resilience and counter global risk. Murray Thom, D-Wave’s VP of quantum technology evangelism, will speak about quantum computing’s role in addressing the complex optimization challenges facing the supply chain and how this emerging technology can help organizations maintain adaptability in the face of relentless disruption.

The global supply chain faces unprecedented challenges, ranging from rising digitization to unexpected bottlenecks and inefficiencies to the demand for more sustainable operations. D-Wave is working with logistics and supply chain-focused customers to adopt quantum-powered optimization technologies in order to better respond to these problems, mitigate disruptions and enhance operational processes.

“Quantum computing holds the key to solving some of the most intricate optimization challenges faced by supply chain executives,” said Lorenzo Martinelli, chief revenue officer at D-Wave. “We’re excited to bring quantum to the conversation at Reuters Supply Chain USA 2024 and share valuable insights of how our customers are using it to achieve a more agile, resilient, optimized and sustainable supply chain.”

D-Wave’s first-ever participation in Reuters Supply Chain USA 2024 is part of the company’s comprehensive go-to-market growth strategy, aimed at spearheading rapid quantum computing adoption within key vertical areas, such as supply chain logistics and manufacturing. The initiative emphasizes the emerging role of quantum computing in providing powerful, measurable solutions to longstanding operational challenges today. More information on D-Wave's go-to-market efforts can be found here.

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software, and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. Our mission is to unlock the power of quantum computing today to benefit business and society. We do this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

Forward-Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240515495877/en/

Alex Daigle

media@dwavesys.com

Source: D-Wave Quantum Inc.

FAQ

What is the significance of D-Wave's participation in Reuters Supply Chain USA 2024?

D-Wave will present its quantum-powered optimization solutions, highlighting their role in addressing supply chain challenges and promoting resilience and sustainability.

When and where is Reuters Supply Chain USA 2024 taking place?

The event will be held in Atlanta, GA, on May 22-23, 2024.

Who from D-Wave will be speaking at the Reuters Supply Chain USA 2024?

Murray Thom, D-Wave's VP of quantum technology evangelism, will discuss quantum computing's role in supply chain optimization.

What are the key focus areas of D-Wave's presentation at the conference?

D-Wave will focus on using quantum and hybrid-quantum solutions to solve complex supply chain optimization problems and enhance operational processes.

How does D-Wave's participation align with its business strategy?

The participation is part of D-Wave's growth strategy to promote rapid adoption of quantum computing in key sectors like logistics and manufacturing.