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Finland Committing Money to Quantum Technology to Develop Nation’s Industries

By IQT News posted 30 Jul 2020

(ComputerWeekly) Finland’s government is committing money to the development of quantum computing technologies to potentially provide a giant leap for the nation’s industries.
Managed by the VTT Technical Research Centre of Finland (VTT-TRCF), the venture aims to position the tech-savvy country as a leading global force in quantum science and technology.
The first module in the three-phase project will focus on quantum computer design and construction competences. A pivotal mission in year one is to build a high-performance quantum technology ecosystem in partnership with private sector IT companies and universities. The initial phase will also focus on building technology and competences linked to quantum computing, encompassing hardware, algorithms and applications.
The quantum computing project is set to run from 2020 to 2024. A primary requirement in the Finnish government’s funding is that the project will support both Finnish and European companies.

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