Intelligent CIO North America Issue 18 | Page 18

NEWS

Honeywell and Cambridge Quantum combine to form Quantinuum of the most intractable problems that classical computers have not been able to solve .

Cambridge Quantum , a pioneer in quantum software , operating systems and cybersecurity , and Honeywell Quantum Solutions , which has built one of the highest-performing quantum hardware based on trapped-ion technologies , have announced they have completed all the necessary steps and therefore combined to form the new company , Quantinuum .
“ Quantinuum is one of the largest and most advanced integrated quantum computing companies in the world ,” said Ilyas Khan , CEO of Quantinuum and Founder of Cambridge Quantum .

Two leading companies in the quantum computing industry have combined to create Quantinuum .

The move is accelerating the development of quantum computing and innovation of quantum technologies in a platform-agnostic manner to deliver real-world quantum enabled solutions for some
“ By uniting the best-in-class quantum software available with the highest performing hardware available , we are uniquely positioned to bring real , quantum computing products and solutions to large , high-growth markets in the near term , the medium term and the long term as quantum computers scale in capacity and quality . We are science-led and enterprise-driven and our scale and global presence in this most critical of technologies will provide leadership in each of the key areas that constitute the ‘ must haves ’ for quantum computing to deliver real-world solutions to all our customers and partners .”

Workday sees continued momentum in financial services supporting global institutions

Workday , a leader in enterprise cloud applications for finance and human resources , has announced continued momentum within the financial services industry with more than 70 % of financial services organizations in the Fortune 500 having selected Workday .

As part of the momentum , Workday achieved a record number of customer deployments in the past year across the financial services sector and welcomed more than 100 new financial services customers in the last 18 months – including new global customer First Sentier Investors – that selected Workday to advance their digital initiatives in a fast-changing , regulated industry .
The momentum underscores the growing industry adoption of Workday cloud finance offerings , including Workday Financial Management and Workday Accounting Center , which enable financial services customers like CNA Insurance , KeyBank , Redstone Credit Union , Shelter Insurance and Unum to have better insight into various data sets by breaking down silos to support more informed decision making .
The last 18 months have brought challenges and opportunities for the financial services industry – whether it is market fluctuations , interest rates or return on investments – requiring financial services organizations to adapt quickly to keep pace with a highly- regulated environment . This includes the need for new technologies that help provide improved insight into business operations to identify and mitigate risk and digitally transform time-consuming and budget-draining processes and functions such as financial reporting and accounting . p
18 INTELLIGENTCIO NORTH AMERICA www . intelligentcio . com