Feb 18, 2014
D-Wave Systems Named to MIT Technology Review's 2014 List of the 50 Smartest Companies
Quantum Technology Leader Recognized Among World’s Most Innovative Companies
BURNABY, BC--(Feb 18, 2014) — D-Wave Systems Inc., the world's first commercial quantum computing company, today was honored as one of 2014’s 50 Smartest Companies by MIT Technology Review in their annual list of the world’s most innovative technology companies. Previously recognized companies include Amazon, Google, IBM and Microsoft.
The honorees are nominated by MIT Technology Review’s editors. Companies included on the list have demonstrated original and valuable technology in the last year, and are bringing that technology to market at significant scale while strongly influencing their competitors. The companies on the list represent the disruptive innovations most likely to change our lives.
Jason Pontin, publisher and editor in chief of MIT Technology Review, states, “At times it seems impossible to keep pace with important emerging technologies. This issue celebrates organizations at the forefront, displaying ‘disruptive innovation’ that will prove to surpass the competition, transform an industry, and change our lives.”
The D-Wave system harnesses the laws of quantum mechanics as the basis of its revolutionary computing technology. This technology is designed to help solve some of the most complex computing problems, applicable across many different domains from machine learning to complex optimization problems in mission planning, cancer research and financial modeling.
“D-Wave has brought together an extraordinary team, including some of the world’s most accomplished scientists and engineers, to build the first scalable quantum computer,” notes Vern Brownell, CEO and President of D-Wave. “Our inclusion on this list is a testament to everyone on our team, who work tirelessly to advance our technology and push the boundaries of known science.”
D-Wave and the other MIT Technology Review honorees will be featured in the March/April edition of MIT Technology Review, published online today and available on newsstands on March 4.
Brownell will also be addressing the themes of technological innovation and disruption in a keynote speech at the MIT Sloan Tech Conference in Cambridge, MA on February 22. For more information please visit: http://disruptinglife.mitsloantech.com/
About D-Wave Systems, Inc.
Founded in 1999, D-Wave's mission is to integrate new discoveries in physics and computer science into breakthrough approaches to computation. The company's flagship product, the 512-qubit D-Wave Two™ computer, is built around a novel type of superconducting processor that uses quantum mechanics to massively accelerate computation.
In 2013, D-Wave announced the installation of a D-Wave Two system at the new Quantum Artificial Intelligence Lab created jointly by NASA, Google and USRA. This came soon after Lockheed Martin's purchase of an upgrade of their 128-qubit D-Wave One™ system to a 512-qubit D-Wave Two computer. With headquarters near Vancouver, Canada, the D-Wave U.S. offices are located in Palo Alto, California and Vienna, Virginia. D-Wave has a blue-chip investor base including Bezos Expeditions, Business Development Bank of Canada, Draper Fisher Jurvetson, Goldman Sachs, Growthworks, Harris & Harris Group, In-Q-Tel, International Investment and Underwriting, and Kensington Partners Limited.
For more information, visit: www.dwavesys.com.
About MIT Technology Review
MIT Technology Review leads the global conversation about technologies that matter. An independent media company owned by MIT, it produces publications read by millions of business leaders, innovators, and thought leaders around the globe, in six languages and on a variety of platforms. The company publishes MIT Technology Review, the world′s most respected technology magazine; daily news features, analysis, and opinion; and Business Reports, which explain how technologies are transforming industries. It produces live events such as the annual EmTech MIT, international EmTech conferences and Summits. The company's entrepreneurial community organization, MIT Enterprise Forum, hosts 400+ events a year around the world.