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Community News, MAG 21-07, Scene

Basis for successful industrialization

Ten German companies - including SAP - jointly founded the Quantum Technology and Application Consortium (QUTAC).
E-3 Magazine
August 16, 2021
Content:
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This text has been automatically translated from German to English.

The aim of the consortium is to further develop the existing fundamentals of quantum computing into usable industrial applications. Specifically, applications relevant to industry are to be brought to market maturity for the technology, chemical and pharmaceutical, insurance and automotive sectors.

The aim is to lay the foundation for the successful industrialization of quantum computing in Germany. The consortium includes BASF, BMW, Boehringer Ingelheim, Bosch, Infineon, Merck, Munich Re, SAP, Siemens and Volkswagen. QUTAC sees itself as a platform for action.

The consortium advances applications of quantum computing for the economic use of this technology, which create added value in the member companies. The circle of currently ten members allows a pragmatic exchange and rapid decision-making to develop practical solutions in the short and medium term.

The results are intended to benefit all participants in the ecosystem. First, the need for quantum computing in the German economy is to be identified in order to create the basis for a cross-industry application portfolio. Currently, possible applications are being identified and their potential for industrial implementation is being evaluated.

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