# Quantum Computing "Arms" Race: A Comprehensive Report

## Executive Summary

This report provides an overview of the global quantum computing landscape, highlighting leading countries, companies, and key developments in this rapidly evolving field.

The information is intended to help students at Hong Kong Polytechnic University understand the current state of quantum computing research and international competition.

## Leading Countries in Quantum Computing

### United States
The United States maintains a strong position in quantum computing through a combination of government investment, academic research, and private sector innovation.

Key initiatives include:
- The National Quantum Initiative Act, which provides substantial federal funding for quantum research
- Strong university research programs at institutions like MIT, Harvard, and Stanford
- Major tech companies investing heavily in quantum technologies

### China
China has emerged as a significant player in the quantum computing race with substantial government investment:
- The Chinese government has committed billions of dollars to quantum research as part of its national technology strategy
- Notable achievements include the development of Ji

# Quantum Computing "Arms" Race: A Comprehensive Report

## Executive Summary

This report provides an overview of the global quantum computing landscape, highlighting leading countries, companies, and key developments in this rapidly evolving field.

Title:

Content: McKinsey's Technology Trends for 2023

According to McKinsey Technology Council, “Generative AI is poised to add as much as $4.4 trillion in economic value.” The report also mentions that trust architectures and digital identity grew the most out of last year’s 14 trends, increasing by nearly 50 percent. Investments in other trends such as applied AI, advanced connectivity, and cloud and edge have declined. Since these technologies have applications in most industries their mainstream adoption will continue to grow.

  • Updated On Jul 30, 2023 at 04:01 PM IST
NEW DELHI: Lately, in 2023, there has been a resurgence of enthusiasm in people around the development of technology and its potential to uplift businesses and catalyze processes. In this process, generative AI is occupying center stage currently and is primarily responsible for this technological renaissance. This can further develop sustainable and inclusive growth which can then solve global complex challenges.

Advt
Amongst the new and notable trends, Generative AI is a trend that has made a loud entrance and has already proven how transformative it can be for businesses. It represents the frontier of AI and builds upon technologies such as applied AI and machine learning. According to McKinsey Technology Council, “Generative AI is poised to add as much as $4.4 trillion in economic value.” The report also mentions that trust architectures and digital identity grew the most out of last year’s 14 trends, increasing by nearly 50 percent. Investments in other trends such as applied AI, advanced connectivity, and cloud and edge have declined. Since these technologies have applications in most industries their mainstream adoption will continue to grow.

continued below
According to the report, cloud and edge computing are the future of bioengineering and have shown steady increases and have expanded use cases across industries. Currently, edge computing has over 500 use cases across industries and is expected to show further growth. Quantum technology is also growing but it is a nascent technology. The four industries that will see the earliest impacts of quantum computing as per the report are automotive, chemicals, financial services, and life sciences. These industries can stand to see a growth of $1.3 trillion by 2035 by strategically investing in quantum computing as per the report.

Advt
Over the years the talent dynamics in tech have changed considerably. There is a gap between available talent and the demand for talent with a particular skill set. According to a survey conducted by McKinsey, 3.5 million job postings in these tech trends of the skills in greatest demand have less than half as many qualified practitioners, for each posting as the global average. According to the report, “In the coming decade, 20 to 30 percent of the time that workers spend on the job could be transformed by automation technologies, leading to significant shifts in the skills required to be successful.” Job postings in fields related to tech trends grew 15% between 2021 and 2022 even though overall global postings decreased by 13%. Applied AI and next-gen software development collectively posted over one million jobs between 2018 and 2022.

The silver lining, however, for practitioners is that employers are still facing challenges to find enough talent to keep up with their demands. There is a shortage of qualified professionals in fields such as AI, quantum technologies, space technologies, and electrification and renewables. Further, the talent crunch is particularly, pronounced for cloud computing and industrialized machine learning.

These are the 15 tech trends as identified by the McKinsey Technology Council for 2023:

Applied AI: Models trained in machine learning can solve classification, prediction, and control problems and automate activities, add or augment capabilities and offerings, and make better decisions. Applied AI has proven useful for several non-tech users and will continue to do so. The report suggests that there has been an increase of 6% in job postings in the field of applied AI from 2021 to 2022. There has also been an equity investment of $104 billion and the industries that are affected by this are aerospace and defense, agriculture, automotive and assembly, aviation, travel and logistics, chemicals, construction and building materials, consumer packaged goods, education, electric power, natural gas and utilities, financial services, healthcare systems, and services, information technology and electronics, media and entertainment, metals and mining, oil and gas, pharmaceutical and medical products, public and social sectors, real estate, retail, and telecommunications. The adoption rate of this trend has been rated a 4 out of 5.

Industrializing machine learning: An ecosystem of software and hardware solutions has enabled practices that accelerate and derisk the development, deployment, and maintenance of machine learning solutions. This is primarily used for performance monitoring, stability, and ongoing improvements. There has been an increase of 23% in job postings in this field from 2021 to 2022. Further, there has also been a $3 billion equity investment. The industries that are affected by this trend are aerospace and defense, automotive and assembly, electric power, natural gas and utilities, financial services, information technology and electronics, media and entertainment, metals and mining, oil and gas, pharmaceutical and medical products, and telecommunications .T he adoption rate of this trend has been rated a 2 out of 5.

Generative AI: Generative AI is used for automating, augmenting, and accelerating work by tapping into unstructured mixed-modality data sets to enable the creation of new content in various forms, such as text, video, code, and even protein sequences. There has been a 44% increase in job postings in the field between 2021 to 2022. There has also been a $5 billion equity investment in generative AI and the industries affected by this trend are consumer packaged goods, financial services, healthcare systems and services, information technology and electronics, media and entertainment, oil and gas, pharmaceutical and medical products, retail and telecommunications. The adoption rate of this trend has been rated a 1 out of 5.

Next-generation software development: New software tools that enable modern code-deployment pipelines and automated code generation, testing, refactoring, and translation, can improve application quality and development processes. There has been a 25% increase in job postings in this field between 2021 to 2022. There has also been a $2 billion equity investment in this field and the industries affected by this trend are financial services and information technology. The adoption rate of this trend is rated a 2 out of 5.

Trust architectures and digital identity: Organizations can build, scale, and maintain the trust of stakeholders in the use of their data and digital-enabled products and services because of digital trust technologies. This allows users to exchange information and data through trusted service systems. There has been a 16% increase in job postings in this field between 2021 and 2022 and there has also been a $47 billion equity investment. The industries that are affected by this trend are aerospace and defense, consumer packaged goods, education, financial services, healthcare systems, and services, information technology and electronics, media and entertainment, pharmaceutical and medical products, public and social sectors, retail and telecommunications. The adoption rate of this trend is rated a 2 out of 5.

Web3: Web3 includes platforms and applications that enable shifts toward a future, decentralized internet with open standards and protocols while protecting digital-ownership rights. It’s not just cryptocurrency investments. It’s a transformative way to design software for specific purposes. This gives users greater ownership of their data and inspires new business models. The third generation of the web is a network of meaningfully linked data that is meant to be decentralized. There has been a 40% increase in job postings in this field and a $62 billion equity investment. The industries that are affected by this trend are financial services, information technology and electronics, media and entertainment, and retail. The adoption rate for this trend is rated 1 out of 5.

Advanced connectivity:
Wireless low-power networks, 5G/6G cellular, Wi-Fi 6 and 7, low-Earth-orbit satellites, and other technologies support a host of digital solutions that can drive growth and productivity across industries today and tomorrow. There has been a 7% increase in job postings in this field and a 118 trillion dollar equity investment in this trend. The industries that are affected by this trend are aerospace and defense, automotive and assembly, aviation, travel and logistics, construction and building materials, electric power, natural gas, and utilities, healthcare systems and services, information technology and electronics, media and entertainment, metals and mining, oil and gas, retail and telecommunications. The adoption rate of this trend is rated at a 4 out of 5.

Immersive reality technologies: Sensing technologies and spatial computing are used to help users “see the world differently” through mixed or augmented reality or “see a different world” through virtual reality as part of immersive-reality technologies. This technology stimulates reality and creates a distinct experience for the users. There has been a 10% increase in job postings and a $16 billion equity investment in the field. This trend will affect industries like aerospace and defense, automotive and assembly, aviation, travel and logistics, construction and building materials, consumer packaged goods, education, electric power, natural gas and utilities, healthcare systems and services, information technology and electronics, media and entertainment, real estate and retail. The adoption rate for this trend is rated 1 out of 5.

Cloud and edge computing: Cloud and edge computing allow users to distribute workloads across locations, such as hyper-scale remote data centers, regional centers, and local nodes, to improve latency, data-transfer costs, adherence to data sovereignty regulations, autonomy over data, and security. There has been a 12% increase in job postings in this field between 2021 and 2022 and a $84 billion equity investment. The industries that are affected by this are aerospace and defense, automotive and assembly, chemicals, electric power, natural gas and utilities, financial services, healthcare systems, and services, information technology and electronics, manufacturing, media and entertainment, pharmaceuticals and medical products, retail, and telecommunications. The adoption rate of this trend is rated at a 4 out of 5.

Quantum technologies: Quantum technologies provide a springboard in computational performance for certain problems and transform communication networks by making them more secure. There has been an increase in job postings in this field by 12% between 2021 to 2022 and a $2 billion equity investment has also been made towards this up until 2022. The industries that are affected by this trend are aerospace and defense, automotive and assembly, chemicals, financial services, information technology and electronics, metals and mining, oils and gas, and pharmaceuticals and medical products. The adoption rate of this trend is rated at 0 out of 5.

Future of mobility: Mobility aims to improve the efficiency and sustainability of land and air transportation of people and goods using autonomous, connected, electric, and shared solutions. There has been a 15% increase in job postings in this field between 2021 to 2022 and there has also been a $194 billion equity investment. The industries affected by this trend are automotive and assembly, aviation, travel and logistics, electric power, natural gas and utilities, financial services, oil and gas, public and social sectors, and retail. The adoption of this trend is rated at a 2 out of 5.

Future of bioengineering: Converging biological and information technologies to improve health and human performance, transform food value chains, and create innovative products and services. There has been a 19% decline in job postings in this field and a $43 billion equity investment as well. The industries that are affected by this trend are agriculture, chemicals, consumer packaged goods, healthcare systems and services, and pharmaceuticals and medical products. The adoption rate for this trend is rated a 3 out of 5.

Future of space technologies: Advances and cost reductions across satellites, launchers, and habitation technologies enable innovative space operations and services. There has been a 16% increase in job postings in this field from 2021 to 2022 and a $6 billion equity investment in this trend. The industries affected by it are aerospace and defense and telecommunications. The adoption rate of this trend is rated at 2 out of 5.

Electrification and renewables: Electrification and renewable energy drive towards net-zero commitments. These include solar-, wind-, and hydro-powered renewables and other renewables; nuclear energy; hydrogen; sustainable fuels; and electric-vehicle charging. There has been a 27% increase in job postings in this field from 2021 to 2022 and there has also been an equity investment of $288 billion in this trend. The industries affected by this trend are agriculture, automotive and assembly, aviation, travel and logistics, chemicals, construction and building materials, electric power, natural gas and utilities, metals and mining, oil and gas, and real estate.

Climate technologies beyond electrification and renewables:
Climate technologies include carbon capture, utilization, and storage (CCUS); carbon removals; natural climate solutions; circular technologies; alternative proteins and agriculture; water and biodiversity solutions and adaptation; and technologies to track net-zero progress. There has been an 8% increase in job postings in this field from 2021 to 2022 and a $86 billion equity investment in this field up until 2022. The industries affected by this trend are agriculture, automotive and assembly, aviation, travel and logistics, chemicals, construction and building materials, electric power, natural gas and utilities, metals and mining, oil and gas, and real estate.
  • Published On Jul 30, 2023 at 04:01 PM IST

Most Read in Enterprise Services

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETTelecom App

  • Get Realtime updates
  • Save your favourite articles

Title:

Content: Officials at five global tech companies to: Al Bayan
Dubai is a technology hub that competes with Silicon Valley.
T + T - normal size
Silicon Valley, California, has dominated the global technological innovation scene for decades, being the planet ’ s greatest center for tech giants and a breeding ground for billionaire unicorns, and today, Dubai is advancing from the heart of the Middle East to compete with this technological dominance not by mimicking the valley or any other center, but by a forward-looking government vision of the future that seeks to shape its own success model.
Al Bayan tried to answer the question: Will Dubai be the next Silicon Valley?
She met with some of the world ’ s top tech executives, who stressed that although Dubai ’ s experience is relatively new compared to Silicon Valley, the emirate is a very unique experience that seeks to develop its own model to be at the forefront of technology cities around the world and the fastest growing.
Dubai is now ideally positioned to compete with global technology hubs from Silicon Valley to India, China, Sweden, London, New York and Singapore by helping start-ups launch, grow, attract global investment funds, adopt and develop AI and IT applications, attract talent and creative government initiatives in education, all within an advanced environment that supports investment, stability, quality of life and well-being.
Dubai is the future.
Dr. Alaa Al Shaimi, CEO and CEO of Huawei ’ s Middle East and Central Asia Business Group, said that it is very possible that Dubai is the new Silicon Valley, and it seems that the government ’ s vision is very clear, and the steps taken by Dubai in implementing this vision impressed the whole world, as we see the number of startups invited to the latest edition of GITEX and they seem to pave the way to attract these companies to the emirate and establish a permanent headquarters.
Al Shaimi added that Dubai is not only planning to be a hub for all applications of artificial intelligence, but also the center of the fourth industrial revolution globally, despite the natural competition from other cities around the world, but we believe that Dubai is indeed the future.
Al Shaimi said that when we talk about Silicon Valley, we are talking about an old center founded decades ago, while Dubai is relatively modern, and when we talk about India, there is a very large population and they are competing for the first place of the largest number of software developers and applications in the world, but here is not the comparison for me, but the ability to attract technological companies, whether Indian, American, European or Arab, and provide them with the appropriate climate and systems. It has grown, as well as the rest of the ecosystem that complements these industries.
Al Shaimi pointed out that the idea is centered on having a sophisticated strategy and leadership capable of implementing it, and it is clear that Dubai has all of this, and has taken all the appropriate steps to attract startups, which seem to prefer to be tech startups in Dubai or UAE as opposed to being American or Indian startups.
What does Dubai need?
Al Shaimi said that the main factor and main advantage in Silicon Valley are investors and venture capital, where there are companies whose role is only to deal with the investors, who initiate and may invest in 20 companies, 19 of which fail and one succeeds, but this success compensates them for the investment and high rate of profits, so the presence of the investor and a system that encourages investment and attract this type of bold and risk investors to Dubai, will be the biggest factor Grow, succeed and reach the world.
Big Companies
Al Shaimi said that major companies such as Google, Meta and others took 20 to 30 years practically to reach this giant size, and therefore historically startups need time to grow and expand, and today we are dealing with companies in Dubai that provide solutions that compete with global solutions sold for millions of dollars, but provide services in the emirate thousands of dollars, and I believe that in 10 to 15 years will not compare startups or giants with Silicon Valley but with companies in Dubai.
Al Shaimi stressed that Dubai today is an attractive city for expertise and capital, a global city that aspires to move and live in, and I believe that the talent of today ’ s technology will prefer its offer in Dubai than anywhere else in the world, and this comes in light of the demand for competencies and technical expertise, especially in the fields of industrial wealth and artificial intelligence applications.
Special model
Shukri Eid, general manager of IBM in the Gulf, Levant and Pakistan, said: “I have been working for 30 years in the technology sector, and I think it ’ s not the question we should focus on, whether Dubai will be the Silicon Valley of the future or what Dubai needs to be like.
“Dubai ’ s model is more mixed, it has more developed strengths, taking into account the key strengths of Silicon Valley related to universities, research and funding options, and Dubai, on the other hand, has key points to focus on, the government has an excellent vision capable of exploiting the strengths of the UAE ’ s economy, demographics and geography.
“One of the strengths here is their ability to adopt IT much faster than in Europe or North America, and here the source of strength, is that the government has a degree of frightening creativity and foresight and vision for fifty years, and this is not found elsewhere, and this is a great catalyst for the development of technology. It is related to the adoption of blockchain technologies, artificial intelligence and cloud solutions. ”
Finance and giant companies
“I don ’ t think there is a lack of funding and venture capital for startups, ” Eid said.“ It is clear that Dubai has a great focus on supporting startups and entrepreneurs and this is naturally related to the size of the country and the population, and it is clear that Dubai and the region will have a major role in the global economy in the future. ”
“Yes, Silicon Valley has seen the emergence of a large number of related companies, and I believe that Dubai does not seek to emulate this model but focuses on other aspects, for example, the UAE today has one of the most advanced artificial intelligence models such as Falcon, so you do not need a company worth 100 billion to say that we succeeded, Dubai has a different path and a different model, and this is already happening on the ground. ”
Venture Capital
Fadi Faraoun, president of Ericsson Middle East and Africa, said: “Who said Dubai is not a Silicon Valley?
But I think it ’ s even more exciting to see startups flourish and grow in this region, especially in Dubai, which hosts GITEX, one of the most prominent events for tech companies and startups. We can also see a capital maturity in terms of venture capital in the GCC and the Arab world. “Big startups, but because of the access to capital, that ’ s what we ’ re seeing here now, so what ’ s happening here is very exciting and positive, and I think the region as a whole is taking the right steps. ”
Electronic Platforms
“I think you can find very large companies that do not necessarily depend on their presence here as an existing company, but rely on the use of their smart applications, take Uber for example, it is a huge company too, but it is basically an electronic platform, and if you want to know what companies are doing here, look at“ E & G ”, for example, they have a clear strategy in employing technology to invest in huge applications, they call super app. “This is a great example of a lot of companies doing this and moving towards the platform, and I think we need to give it some time. ”
“The region is attracting the attention of many people around the world, where they are caught by the projects that are being created, the talents that are growing and developing, and during my tour of GITEX I saw people I know living in other countries and moving to this region, and this is clear evidence that we are able to attract the best talent, and for Ericsson, we have a special kind of process where we gather new and innovative ideas." Very innovative coming from the Ericsson team here. "
The right way.
Mohammed Amin, senior vice president of Dell Technologies, Central and Eastern Europe, Middle East, Turkey and Africa, said: “Dubai has been on track to remain one of the first cities in the world, and this is what is important, to reach Dubai in 2030 to be one of the top three cities in the world.".
"The statistics show that the contribution of the digital economy to the UAE economy is 9.5% of the size of the economy and the country seeks to be 20% of the economy, and when this achievement will be a great leap for Dubai and the UAE," he said, pointing out that Dubai has witnessed the growth and development of a number of large companies during the past years. When comparing centers and cities of the world.
Amin pointed out that it is clear today that all people want to live in Dubai, and the emirate has launched over the past years many initiatives to attract startups, competencies, cadres and talent, especially as the UAE is the first country in the region to launch a visa for talent, as well as golden residency.
The Smartest Investors
Jonathan Adelstein, former FCC commissioner in the United States, general manager and head of global policy and public investment at Digital Bridge, said Dubai needs more steps to become like Silicon Valley, I think we have infrastructure, and I think it needs more money or more venture capital to invest in new companies.
“One of the crucial elements of Silicon Valley is the concentration of digital talent, and they own Stanford University, which started out as inviting talent from all over the United States to Silicon Valley, where they came to innovate, create and lead companies to success, ” Adelstein said. people to do that. ”
“You have the digital infrastructure that needs constant investment, you also have wise investors who think of startups that start small but can become very large, they also have enough capital to invest in, which is a big advantage we had in Silicon Valley, there is something called Sand Hill Road, where the largest venture capital companies were investing in companies like Netflix, Google and Facebook in the early days. You need more training too. ”
We know that the United States has a larger primary market because we have 300 million people and you have 10 or 11 million here, so the comparison may not be appropriate, but any small company can grow quickly and become global, and the key is innovation, is to find innovative small startups like in GITEX in its latest edition, where there is a whole new startup exhibition, backed by venture capital. ".
“The UAE has some of the smartest investors in the world, we ’ ve found brilliant investment managers and analysts who really know how to analyze what makes sense, they need to support these small businesses and help them become global, the government needs to make sure that people ’ s intelligence is harvested properly through educational opportunities, there are some great universities here in Dubai that are training, I think you have the right elements here to go global with some of these companies.“ That ’ s how I ’ m going to see it and how Dubai can be like Silicon Valley. ”
Email

The information is intended to help students at Hong Kong Polytechnic University understand the current state of quantum computing research and international competition.

Title:

Content: · R & D investment rises 11.7% to €4.1 billion in 2021 (20% of net sales)
R & D investments exceed €25 billion and €7 billion capital expenditure over 5 years
Accelerating the production line in the human pharmaceuticals department: more than 15 products are expected to be launched by 2025
RIYADH, Saudi Arabia: Böringer Ingelheim, one of the world ’ s leading pharmaceutical companies, boosted its R & D investments to new record highs last year, the largest since its founding 137 years ago, spending up to €4.1 billion in R & D (compared to €3.7 billion in 2020), an increase of 11.7%.
Investments in research and development in the company ’ s human pharmaceuticals division rose to €3.7 billion (in 2020 it was €3.3 billion), while investments in animal health increased by 1% to €416 million (in 2020 it was €412 million).
Hubertus von Baumbach, Chairman of the Board of Directors of the company, said that 2021 was a good year for patients and animal owners and for our company, we have expanded our contributions to improving the lives of both humans and animals, as well as to enhancing the production of our production lines.
“Over the past year, our efforts have been focused on research and development and we have made tremendous medical progress, which has included three advanced drug prescriptions with effective results in the Human Medicines department that have been approved by the U.S. Food and Drug Administration for innovative drugs. ”
In the animal health department, von Baumbach added that his company has laid the foundations for launching new and innovative solutions to treat pets and livestock in 2022 and 2023.
"As war returns to Europe, we would like to reiterate our full support for the Ukrainians," said von Baumbach, "aggression against another country is heartbreaking and cruel."
“We support Ukrainians seeking asylum and those in need of help in Ukraine through short-term and long-term financial support, through product donations and the supply of medicines, and many of our employees are joining support initiatives using our Volunteer Days program, and we all hope this tragic situation will end soon. ”
Business Growth Across All Sectors
Despite the continuing challenges of the COVID-19 pandemic, 2021 saw positive business growth, with Böringer Ingelheim reporting net sales of €20.6 billion (in 2020 it recorded sales of €19.6 billion), an increase of 5.4% over the previous year.
After adjusting for the currency price effect, net sales increased by 7.5%.
Group operating income rose to €4.7 billion (in 2020 it recorded an operating income of €4.6 billion).
After tax income increased by 11.2% year-on-year to €3.4 billion (in 2020 it recorded after-tax income of €3.1 billion).
Cash flow from operating activities decreased slightly by €117 million to €3 million.
9 billion euros (in 2020 it was 4 billion euros).
At the end of 2021, the equity ratio was 48% (in 2020 it was 47%).
In the Middle East, Turkey and Africa (META) region, the company recorded total net sales of €531.5 million (in 2020 net sales of €490 million), an increase of 8.6% * over the previous year.
In 2021, Boehringer Ingelheim was ranked 11th among the world ’ s best pharmaceutical companies in the Middle East, Turkey and Africa.
In India, the company recorded a 1% increase in net sales * compared to 2021.
Mohamed Tawil, Regional Managing Director and Head of Human Medicines at Boehringer Ingelheim, India, Middle East, Turkey and Africa, said: “2021 has seen a new success for the company in the Middle East, Turkey, Africa and India. We have achieved positive financial results in both the Human Medicines Group and the Animal Health Division.
On an annual basis, the company continues to grow in the region and invest in areas where innovation is critical to public health service goals.
As of 1 January 2022, operations in India have joined the Middle East, Turkey and Africa to form a new regional operating unit based in Dubai, United Arab Emirates.
“This region represents more than a third of the world ’ s population, which is a huge number and the opportunities and challenges presented by this union are as large as the geographical area of the region, ” said Tawil.
The Regional President for the Middle East, Turkey, Africa and India stressed that the wealth of knowledge, experience and unprecedented access to data and resources will ultimately benefit the patients we serve.
Strong performance in the human medicine department
Net sales of human medicines grew by 8.4% to 15.3 billion euros (in 2020 it was 14.4 billion euros), accounting for 74% of total net sales.
In the Middle East, Turkey and Africa (META) region, net sales grew 11.4% * to €401m (in 2020 it was €360m).
Drugs for the treatment of cardiovascular diseases and metabolic disorders, as well as respiratory diseases, continue to be the most important contributors to net sales scientifically.
Animal Health has seen a rise in net sales in a highly competitive market
Boehringer Ingelheim ’ s Animal Health division is among the world ’ s leading providers of vaccines, medicines and preventive care that help protect animals from disease and pain.
In 2021, Animal Health saw a marked increase in net sales in a highly competitive market and a growth of 6.2% *, with net sales of €4.3 billion (in 2020 it was €4.1 billion).
Net sales in the Middle East, Turkey and Africa (META) region increased by 0.8%, achieving net sales of €131 million (in 2020: €130 million).
In terms of sales, the millennial animal portfolio remains the largest segment of Böringer Ingelheim ’ s animal health sales globally.
Biopharmaceutical Production – one of the leading companies in the industry
Boehringer Ingelheim is one of the world ’ s leading manufacturers of biopharmaceuticals, both in its own portfolio and in the portfolios of its industry partners. 60% of the top 20 innovative biopharmaceutical companies and biotech companies are clients of Boehringer Ingelheim ’ s biopharmaceutical manufacturing division, known under the Bio Exlanx brand.
The biopharmaceutical company achieved net sales of €917 million in 2021 (in 2020 it achieved €837 million), an increase of 9.5% * due to strong demand for products.
Investment in tangible fixed assets remains at high levels
In 2021, the company invested €968 million (in 2020 €1.05 billion) in tangible fixed assets, including a large-scale biopharmaceutical production facility in Vienna, Austria, which opened in October 2021, and a new biopharmaceutical development centre in Bibrach, Germany.
Restrictions on construction activities due to the COVID-19 pandemic had an impact on the amount of investment.
2022 Forecast: Boehringer Ingelheim forecasts slight annual increase in net sales compared to base year
The COVID-19 pandemic, geopolitical tensions in Europe and the challenging environment facing the industry are expected to have an impact on Böringer Ingelheim ’ s business results.
The company expects to achieve a slight increase in net sales on an annual basis compared to the base year in 2022.
For the next five years, the company plans to invest more than €25 billion in its research pipeline.
In addition, the company plans to spend more than €7 billion in capital expenditure on new production technologies and a sophisticated supply network over the next five years.
This also includes further expansion of biopharmaceutical production capabilities.
# Company Data
- Done.
* On an annual basis and adjusted by currency effects
For the Annual Report 2021, please visit https: / / annualreport.boehringer-ingelheim.com /
For more please contact:
Fidaa Qasem Phone: + 971 4 879 3525
Email: feda.kassem @ boehringer-ingelheim.com
Boehringer Ingelheim
Boehringer Ingelheim develops innovative treatments that improve human and animal lives.
As a leading innovation-driven company in the pharmaceutical industry, the company aims to create value by fostering innovation in areas where critical unmet medical needs exist.
Since its founding in 1885 as a family business, Boehringer Ingelheim has an ambitious long-term vision, with around 52,000 employees serving more than 130 people.
markets in three key areas: human medicines, animal health and bio-therapies.
For more information, please visit www.boehringer-ingelheim.com

Title:

Content: Skip to content
A report released by the World Government Summit Foundation in partnership with McKinsey Global Consulting confirmed that governments have a great opportunity to improve performance.
Thus, enhancing productivity through improving business models and tools, developing the competencies and skills of government cadres to contribute to achieving readiness for the future, and implementing strategic plans that reflect positively on the lives of individuals and communities.
The report, “High Impact Pivots to Increase Government Productivity in the Middle East, ” identifies five strategic steps that can help governments increase their productivity, including prioritizing sectors where most gains are concentrated, such as education.
Rehabilitating government employees to enable redeployment in areas less prone to automation, leveraging traditional productivity improvements, which lead to many gains such as automation, assessing analytical capacity building, and moving towards enhanced multifunctional collaboration.
Governments face increasing challenges to raise the productivity and effectiveness of their institutions, with rising fiscal deficits and low levels of confidence under the pressure of declining service delivery or spending cuts, and societies aspiring to governments to shoulder more.
Responsibilities, including expanding health care benefits.
Promote industrial growth and protect the environment.
Mohammed Yousef Al Sharhan, Deputy Director of the World Government Summit Foundation, stressed that the development of government business models is a key focus of the summit ’ s directions aimed at supporting the formation of a new generation of governments, empowering governments and enhancing their productivity and readiness.
For the future by preparing qualified human resources, and supporting the adoption of development ideas and modern technical solutions.
He pointed out that the series of reports launched by the World Government Summit focuses on forming proactive visions through scientific studies that support government decision-making and enable governments to devise solutions to improve the lives of communities, pointing out that the knowledge reports reflect the role of the World Government Summit in exploring new opportunities and developing initiatives.
and ideas in various vital sectors.
Abdul Qader Lama, a partner at McKinsey & Company, said the report identifies 10 programs that have a strong impact on enhancing government productivity.
According to our analysis, governments have a great opportunity to increase productivity through the effective use of digitization and analytics capabilities, relying on a highly skilled workforce, and promoting flexible and efficient ways of working.
The Knowledge Report reviewed the realities of eight countries in the region – Bahrain, Egypt, Kuwait, Oman, Pakistan, Qatar, Saudi Arabia and the United Arab Emirates – and concluded that traditional productivity boosters, such as skills upgrading and centralized procurement, could be achieved.
Advanced solutions such as advanced analytics and digitization can boost productivity by up to 33%. ”
In the coming years, governments may have to manage low resources while providing quality services, he said, calling on governments to improve productivity to meet limited resources and meet the expectations of societies, as governments around the world face increasing challenges to improve.
productivity of the government sector.
The report pointed to the anticipated new challenges facing governments in the region, including the need to address the changing demands of the workforce, as the role of technology in labor markets escalated following the outbreak of the COVID-19 pandemic that drove companies.
Consumers have to change the way they work and redesign business processes.
One of the key trends expected to reshape business is the faster adoption of automation and artificial intelligence.
He pointed to McKinsey ’ s global survey of 800 senior executives in July 2022 and explained that since the start of the Covid-19 outbreak, 85% of companies have accelerated the digitization of employees ’ work, meetings and activities, noting that these changes will increase the demand for workers to fill jobs in areas such as cybersecurity and data analytics.
While each country has its own context, four trends across much of the region are pressuring governments in the Middle East to boost productivity, high expectations of individuals about government responsibilities and service quality, and the large roles governments play in the economy, oil dependency and growing population.
The report pointed out that Middle Eastern governments have a great opportunity to increase productivity through government institutions, where there is a large productivity gap compared to other countries, ranging from 17% to 60%.
Governments can work to reduce productivity gaps through incentive programs designed to build on governments ’ transformational ambitions and goals.
“The introduction of traditional productivity improvement methods (skills improvement and centralization of procurement) can yield productivity gains of 7 to 13%, while advanced solutions (advanced analytics and digitization) can increase productivity by up to 33%, ” he said.
The broad structural scale that is expected to mature in the next decade could see government productivity gains of up to 49%. ”
“The potential for improving productivity is great, and quantifying their opportunities is the first step in thinking about transformations, but for this to work, governments need to identify and introduce the right interventions that will be locally applicable and contribute to government strategy, ” the report said.
He pointed to 10 business models to boost productivity: technology-assisted processes by adopting new technologies or approaches and improving existing methods and skills; digital tours for citizens by delivering individual government services from a user ’ s perspective; and automating services to meet public expectations for more efficient, flexible, and more informed government policies, including AI-based processes.
He pointed to a number of factors that enhance productivity, including having a flexible government ready to face challenges, enhancing future capabilities where technology can support government leaders in aligning workforce skills with future needs, enhancing leadership capabilities and talent, and creating a flexible environment.
skilled workforce, and efficient use of assets.
Productivity, creating a culture of high performance, high expenses, and improved procurement.
The report stressed that the task of improving government productivity requires governments to make vital decisions that reflect their high understanding of the nature of long-term investment in this area, and their awareness of the importance of strengthening partnership with the private sector to share knowledge and benefit from their experiences to increase their productivity.
The full version of the report “High Impact Centers for Improving Government Productivity in the Middle East ” can be found here.
https / / www.worldgovernmentsummit.org / observer / reports / 2022 / detail / unl ocking-government

## Leading Countries in Quantum Computing

### United States
The United States maintains a strong position in quantum computing through a combination of government investment, academic research, and private sector innovation.

Title:

Content: There were 1,791 press releases posted in the last 24 hours and 405,962 in the last 365 days.

Commission publishes Recommendation on Post-Quantum Cryptography

Today, the Commission has published a Recommendation on Post-Quantum Cryptography to encourage Member States to develop and implement a harmonised approach as the EU transitions to post-quantum cryptography. This will help to ensure that the EU’s digital infrastructures and services are secure in the next digital era.

While quantum technologies will bring many economic and societal benefits, advances in quantum computing are expected to make it easier for malicious actors to access sensitive data, unless we advance our cryptography.

It is vital that communications remain protected in the future for the security of our citizens, societies, economies and the EU’s digital single market. Post-Quantum Cryptography is one of the solutions to this future threat, as it is based on mathematical problems that are difficult even for quantum computers to solve. As a software-based solution, post-quantum cryptography is compatible with our existing infrastructures in several sectors, and so can be deployed relatively swiftly.

The Recommendation addresses the need for a coordinated approach to Europe’s transition to a quantum-safe digital infrastructure. It will help Member States develop a consistent strategy as they migrate towards more secure ways of protecting their digital infrastructures. This will promote interoperability between countries, allowing systems and services to function seamlessly across borders.

The Recommendation complements the work already being done by many countries and at international level to develop and select post-quantum cryptography algorithms for standards, including the research efforts done by EU-funded projects, the recent report from the European Agency for Cybersecurity (ENISA), and discussions on post-quantum cryptography at international level, such as in the EU-US Trade and Technology Council and Cyber Dialogue.

Source European Commission - Apr 11, 24

Title:

Content: BETA
This is a BETA experience. You may opt-out by clicking here

More From Forbes

Edit Story

Quantum Tech Needed To Secure Critical Data From Quantum Decryption

Following
New! Follow this author to stay notified about their latest stories.
Press play to listen to this article!

In 2021, Booz Allen Hamilton analysts surmised that China will surpass Europe and the US in quantum-related research and development and that Chinese hackers could soon target heavily encrypted datasets such as weapon designs or details of undercover intelligence officers with a view to unlocking them at a later date when quantum computing makes decryption possible.

In the report titled “Chinese threats in the quantum era”, BAH said “encrypted data with intelligence longevity, like biometric markers, covert intelligence officer and source identities, social security numbers, and weapons’ designs, may be increasingly stolen under the expectation that they can eventually be decrypted,” the report says. It says “state-aligned cyber threat actors” will start to steal or intercept previously unusable encrypted data. Chinese could hack data for future quantum decryption, report warns | Hacking | The Guardian

In fact, as reported earlier this month by the Financial Times, Chinese researchers are claiming that they have used a quantum computer to break RSA encryption, which if true, would be years ahead of expectations. Though the Chinese claims have yet to be proven (if ever), it underscores that there is a significant amount of work going on quantum research to achieve that goal and that current estimates of when anyone may break RSA encryption may be more hopeful than reality based. *Financial Times January 4, 2023

Recently, Tim Callan, a chief experience officer at cybersecurity company Sectigo, told DailyMail.com that quantum computers — which already exist could one day 'make the encryption we use today no longer fit for purpose'. He noted that “The evolution of quantum computers creates a significant threat to data security, and their immense processing power is capable of breaking encryption at great speed, leaving important data vulnerable, everything from bank account details to medical records to state secrets.” He said that 'this scenario is so alarming that specialists refer to it as the "Quantum Apocalypse.” The Quantum Apocalypse is 'just YEARS away', experts say | Daily Mail Online

The event has also been referred to as Q-Day by quantum researchers where large-scale quantum computers will be able to use Shor's algorithm to break all public key systems that employ integer factorization-based (and other) cryptography.

The urgency of a Q-Day or Quantum Apocalypse was a subject of a lecture of mine for The Economist conference, “A look into Commercialising Quantum 2022 in London”. There is little doubt that quantum computers will be able to perform faster and more precise computations than classical computers and could pose geo-military threats if in the wrong hands. And that the same computing power that allows complex problems to be solved can, in turn, be applied to undermine cybersecurity. This is because current cybersecurity protocols typically use pseudo-random numbers to encrypt sensitive information such as passwords, personal data, and quantum computers can crack the methods traditional computers use to generate random numbers, posing a significant threat to any organization using standard encryption tools.

FtChinese researchers claim to find way to break encryption using quantum computers

This month, the IBM Institute for Business Value issued report titled Security in the Quantum Era” The report examines the reality of quantum risk and the need for “enterprise adoption of quantum-safe capabilities to safeguard the integrity of critical applications and infrastructure as the risk of decryption increases.”

The IBM report states that quantum computing poses an “existential risk” to classical computer encryption protocols, and notes that cybercriminals are potentially already exfiltrating encrypted data with the intention of decrypting it once quantum computers advance as part of “harvest now, decrypt layer attacks.” IBM: Quantum computing poses an ‘existential threat’ to data encryption | VentureBeat

My personal advice, in view of the recognition of the decryption threat, is to get ready now because quantum computing will be here soon enough, and it is time for businesses, organizations and governments to protect their data for that inevitability. The good news is that we do not have to wait for technological solutions to be developed as quantum tech can battle quantum threats and there are already capabilities on the market for defense. Also, for more on quantum technologies, please see my article in FORBES: “The Quantum Era Is Arriving, And It Will Be Transformational! The Quantum Era Is Arriving, And It Will Be Transformational ! (forbes.com)

One company called Quantum Computing Inc. (QCI) (NASDAQ:QUBT), is ahead of the game and operates a full-stack quantum solutions company that is on a mission to accelerate the delivery quantum information processing hardware systems with both performance and cybersecurity benefits. With their existing quantum photonics technology offerings, it is already feasible for the company to replace classical type computing with entropy quantum computing to strengthen key sources for any cryptographic task. About Us | Quantum Computing Inc.

Quantum Computing Inc uses a Quantum Photonic System (QPS) to leverage pure, non-linear, optical properties to create a core quantum photonics technology that can be deployed at room temperature, in ordinary server room type environments. Their QPS methods and systems already have demonstrated the ability to deliver high precision computations in solving complex business optimization problems, powerful single-photon measurements in remote sensing applications such as Lidar and they have demonstrated 3-D quantum imaging capabilities using visible and near infrared, eye-safe radiation.

QCI’s Entropy Quantum Computer (EQC) system is specifically focused in addressing real-world optimization problems at a scale (11,000 Qubits) with full connectivity between variables (high density). Today, this sits in comparison with the more typical small-scale problems using limited connectivity among qubits that alternative quantum systems use to showcase their technologies. Bottom line is that today, the EQC provides results that will allow industries to scale faster as this new quantum photonic technology continues to advance.

Moreover, their entropy quantum computer operates at low power levels (< 80 Watts) and is a small compact design to fit in rack mounted or table-top configurations – offering very low SWAPc specifications (Size, Weight, Power and Cost). no quantum experts to calibrate and keep it running.

The CEO of Quantum Computing Inc , Robert Liscouski says that this same Quantum Photonic technology “can also be leveraged to provide Quantum Encryption + Quantum Authentication on the same platform and is a full solution to replace public-private key cryptography that is vulnerable to evolving quantum threats.” QCI’s patent on Quantum Private Communication methodology addresses the concerns of key distribution approaches with trusted third-party authentication / validation and provides a pure hardware alternative approach involving no mathematics or algorithms or pseudo random numbers. Patented approaches using entangled photons and correlated true quantum random numbers generated from the quantum entropy source are combined in a methodology that ensures ONLY intended recipients of information are properly authenticated in a trustless system approach.

Mr. Liscouski notes that the threat to public key cryptography, if it is broken by Shor’s algorithm, could leave critical infrastructure, financial & banking systems, healthcare, and transportation all vulnerable to attack. With QPS, that threat is mitigated both on current classical or from near-term quantum systems with the company’s existing technologies such as its quantum random number generator, and a new photonic physically unclonable function chip that provides a unique authentication “quantum fingerprint” for the user.

This quantum photonic platform is welcomed as the West is amid a “Quantum Computing Supremacy Race” especially with China that can exponentially change the geo-political balance of the world.

China has recently announced some eye-opening milestones on their quantum communications capabilities and Chinese researchers announced last year that they set a new quantum secure direct communication (QSDC) world record of 102.2 km (64 miles), smashing the previous mark of 18 km (11 miles). Researchers break world record for quantum-encrypted communications (engadget.com) The Chinese are heavily investing (estimated to be the many $billions) in all areas of quantum research and are demonstrating results.

Investment is also growing in quantum in the US and in Europe and with Asian allies. The Japanese government recently announced that intends to enter the global quantum computing race by putting its first domestically produced quantum computer into service within the current fiscal year ending March 2023. “The government strategy aims to reach 10 million quantum technology users in Japan by 2030 and to create an environment where it can be used in such varied fields as medicine, banking and new materials development.” Tokyo proposes first domestic quantum computer use by March 2023 | The Japan Times

The U.S. Government, including NSA, DOD, DHS, NIST have been preparing for a potential Q-Day by requiring new quantum proof standards for algorithms. “NSA views quantum-resistant (or post-quantum) cryptography as a more cost effective and easily maintained solution than quantum key distribution. For all these reasons, NSA does not support the usage of QKD or QC to protect communications in National Security Systems and does not anticipate certifying or approving any QKD or QC security products for usage by NSS customers. This is a perfect time and opportunity for QCI’s Quantum Private Communication Network and other post quantum technology applications to be to tested and deployed in the Zero-trust environment. National Security Agency/Central Security Service > Cybersecurity > Quantum Key Distribution (QKD) and Quantum Cryptography QC (nsa.gov)

Stopping the threat of adversaries decrypting valuable data extracted from networks, agencies, data centers, and companies, by adversaries has also become a legislative priority. In December of 2022 Congress, passed the Quantum Computing Cybersecurity Preparedness Act into law. The legislation, directs the Office of Management and Budget “to prioritize the migration of federal information technology systems to post-quantum cryptography and come up with guidance for the federal assessment of critical systems based on the standards that the National Institute of Standards and Technology will issue for post-quantum cryptography.” This is a great step as it mandates forward thinking about our quantum era and the security implications of not being prepared.

Governments are not the only players. Industry, including Intel, Google, IBM, D-Wave, and others are very active in investments in quantum capabilities and approaches. Academia is also getting more involved in quantum. In an important development, scientists with the Chicago Quantum Exchange (CQE) at the University of Chicago’s Pritzker School of Molecular Engineering announced that they’ve connected the city of Chicago and suburban labs with a quantum network. The Chicago network will be opened to academia and industry as one of the nation’s first publicly-available testbeds for quantum security technology. Chicago expands and activates quantum network, taking steps toward a secure quantum internet | Chicago Quantum Exchange

The University of Chicago and the Massachusetts Institute of Technology are two leading universities to follow for more on quantum developments. Also, for researchers, The Quantum Security Alliance and IEEE Quantum are two good resources that bring academia, industry, and US government entities together to identify, define, collaborate on quantum computing technology innovations. Welcome to Quantum Security Alliance About - IEEE Quantum

Certainly, quantum technology, especially quantum computing, has amazing potential that could revolutionize everything from communications, real-time data analytics, bio tech, genomic sequencing, and materials sciences. Quantum computing will also accelerate us into the future by impacting the landscape of artificial intelligence and the Metaverse. But with the good, we have to plan and prevent the bad, most critically data which is the lifeblood of economies and commerce. Starting now, a quantum proof cybersecurity path is an important one to follow.

Chuck Brooks is President of Brooks Consulting International, is a globally recognized thought leader and subject matter expert Cybersecurity and Emerging Technologies. Chuck is also an Adjunct Faculty at Georgetown University’s Graduate Applied Intelligence Program and the Graduate Cybersecurity Risk Management Programs. Cyber Express named Chuck “Cybersecurity Person of the Year” for 2022. LinkedIn named Chuck as one of “The Top 5 Tech People to Follow on LinkedIn.” He was named as one of the world’s “10 Best Cyber Security and Technology Experts” by Best Rated. He is also a Cybersecurity Expert for “The Network” at the Washington Post, Visiting Editor at Homeland Security Today, Expert for Executive Mosaic/GovCon, and a Contributor to FORBES.  Chuck has an MA from the University of Chicago, and a BA from DePauw University.

Follow me on Twitter or LinkedInCheck out my website

Title:

Content: General Supervision
Elham Aboul Fath
Editor-in-Chief
Thank you for your patience.
General Supervision
Elham Aboul Fath
Editor-in-Chief
Thank you for your patience.
LE150 MILLION FOR THE DEVELOPMENT OF CENTERS OF EXCELLENCE IN UN
Higher education: a significant increase in the volume of competitive financial support for scientific research from the Science, Technology and Innovation Finance Authority
Higher education: a significant increase in the volume of competitive financial support provided to scientific research by the Science, Technology and Innovation Finance Authority
Walaa Shata: 13 centers of excellence won in a number of universities and research centers
Science and Technology Finance Authority: Cairo International Fair is an opportunity to connect innovators and industry
Science Finance Authority: Technological universities are an important part of the educational structure in Egypt
The Science, Technology and Innovation Finance Authority (STI) has witnessed a great leap in the development of centers of excellence in Egyptian universities, which has emerged strongly recently.
For his part, Dr. Adel Abdel Ghaffar, spokesman for the Ministry of Higher Education and Scientific Research, said that the initiative to develop laboratories and centers of excellence in Egyptian universities and research centers, organized by the Science, Technology and Innovation Finance Authority, has been launched to link universities, research institutes and industry.
Abdel Ghaffar added to Sada Al-Balad that the Authority has handed over 13 projects contracts with a total funding of 150 million pounds, as part of the call for developing successful laboratories and centers of excellence funded by the Authority, and a memorandum of understanding was also signed between AlAhli Sierra and the Canadian University of Seneca; to establish two branches of Seneca University in Egypt.
Dr. Walaa Shataa, Chairman of the Science, Technology and Innovation Finance Authority, said that the Authority selects many projects to contribute to solving the challenges facing scientific research in Egypt, and we also support the projects with a range of agencies in different governorates, so the outputs of scientific research in Egypt are in constant progress.
He added that the technological universities represent a very important part in the educational structure as there was a gap filled, for example, the scientific devices that need trained technicians able to deal with them, the technological universities were able to fill this need, which leads to the improvement of the Egyptian product and its competition at the level of Egypt and the world.
He pointed out that technological universities communicate directly with the industry because they fill large gaps in different fields universities need great support, participate in the appeals and make the last appeal to us such as support to travel abroad for training.
Dr. Walaa Shataa, Chairman of the Science, Technology and Innovation Finance Authority, said that the Cairo International Innovation Fair is organized by the Academy of Scientific Research and Technology and depends on various events, and Egyptian researchers are witnessing great support, noting that it is an opportunity for communication between innovators and industry.
There is a large part of our plans for the coming period to support young researchers, in addition to programs directed at Egyptian scientists abroad to attract them to work in Egypt again, programs directed at young universities and others for industry and support industry with applied scientific research and technology localization.
On Thursday, Minister of Higher Education and Scientific Research Ayman Ashour witnessed the ceremony organized by the Science, Technology and Innovation Finance Authority (STI) to hand over 13 projects, with a total funding of EGP 150 million, as part of the call for developing successful laboratories and centers of excellence funded by STI.
At the beginning of his speech, Dr. Ayman Ashour pointed out that this appeal aims to link the academic community with the industrial and civil sectors, government agencies and governorates to meet the challenges and develop the research infrastructure in the centers. He pointed out that there is a close link between the needs of the state in economic regions and scientific research. He pointed out the importance of supporting the industry and turning research ideas into products with economic returns and the importance of continuing applied research to localize the industry and increase the local component.
The minister stressed that the volume of material funding provided by the Science, Technology and Innovation Financing Authority reaches 150 million pounds, pointing out that there is a great leap in supporting scientific research and targeted initiatives that serve the community, pointing to the importance of integration and cooperation between Egyptian universities, institutions, centers and research institutes.
For his part, Dr. Walaa Shata explained that the number of projects submitted amounted to (55) projects, and (13) projects were accepted in the following fields: (three projects in the field of medicine, two projects in pharmacy, a project in medical applications, two projects in engineering, two projects in textile, a project in water desalination, a project in agriculture, and a project in political science) from (9) bodies, namely: Mansoura University, Sohag University, Damietta University, Zewail City for Science and Technology, Desert Research Center, Agricultural Research Center, Egyptian-Japanese University of Science and Technology, within the framework of the initiative to develop successful laboratories and centers of excellence funded by the Authority.
He pointed out that the initiative was announced to develop 13 centers of excellence for a period of 18 months with funding up to 150 million pounds, pointing out that this phase, which has been launched and is being implemented in a number of universities and research centers, witnessed a great competition between public universities and research centers.
Egypt ’ s Ambassador to Portugal, Wael Elnaggar, reviewed Portugal ’ s experience in linking scientific research and technology to industry in the fields of (artificial intelligence, agriculture, water, and renewable energy), pointing out that startups have been established in these fields to give researchers a greater opportunity. To exchange experiences in technology, scientific research and co-financing.
He pointed out that the centers of excellence serve the entire community as there is a great diversity in the selection of the winning projects in this initiative, such as health, textile, pharmacy, engineering, water and environmental support.
During the celebration, a number of open research appeals were reviewed during the coming period, including: an appeal on one health to support research and innovations that enhance cooperation between different sectors in the country (medical - veterinary - environmental), and the development of research outputs related to the fields of infectious and epidemic diseases control. The third call for the Egyptian-Spanish program with funding of up to €150,000, running until March 30, 2023, and the fourth call for the basic science grant, running until February 13, 2023. The Authority implements several international programs with several countries, including: China, France, Spain, Germany, Japan, Italy, the United States of America, as well as the Partnership for Research and Innovation in the Mediterranean and the Academy. British Royal Engineering in the United Kingdom.
During the ceremony, a number of winning researchers reviewed their research projects, including: Updating the Material Laboratories, Clinical Research Laboratory for Pediatric Ophthalmology, Upgrading the Acoustics, Vibration and Smart Structures Research Center, Pharmacy Center for Scientific Excellence, Upgrading the Critical Liquids Laboratory for Experimental Scope: Technology Transfer and Applications in the Textile Industry, For innovative textile technologies and products, the Egyptian Center of Excellence for Desalination Research Phase II Ras Sidr, the development of smart materials laboratories for advanced medical applications, the modernization of infrastructure and sustainability of scientific research of the Center of Excellence for Stem Cells and Regenerative Medicine "CESC", the development of the Egyptian International Cotton Sorting Center.
Related Topics

What countries and blocs are leading in developing quantum computing?

What countries and blocs are leading in developing quantum computing?

What countries and blocs are leading in developing quantum computing?

Key initiatives include:
- The National Quantum Initiative Act, which provides substantial federal funding for quantum research
- Strong university research programs at institutions like MIT, Harvard, and Stanford
- Major tech companies investing heavily in quantum technologies

### China
China has emerged as a significant player in the quantum computing race with substantial government investment:
- The Chinese government has committed billions of dollars to quantum research as part of its national technology strategy
- Notable achievements include the development of Ji

Title:

Content: Advertisement

Lawmakers introduce bipartisan bill to reauthorize National Quantum Initiative Act

The House bill would reauthorize a law aimed at bolstering quantum research after it expired Sept. 30.

Leaders of the House Science, Space, and Technology Committee introduced a bill Friday that would reauthorize legislation focused on the development of quantum research in the U.S.

The introduction of the bill by Science Committee Chairman Frank Lucas, R-Okla., and ranking member Zoe Lofgren, D-Calif., comes after the 2018 law expired Sept. 30 and, according to a release from the bill sponsors, builds off those accomplishments in an effort to ensure U.S. competitiveness against China and Russia.

“There’s no time to lose momentum, and I’m confident this bill will empower the government, private sector, and academia to keep working together to advance leading-edge quantum systems,” Lucas said in the release.

The National Quantum Initiative Reauthorization Act, among other things, includes provisions requiring the White House Office of Science and Technology Policy to develop a quantum research strategy with allies to compete with China and Russia, authorizing the National Institute of Standards and Technology to establish three centers for quantum research, and authorizing the creation of a National Science Foundation hub to coordinate workforce pipelines.

Advertisement

It would also authorize the Department of Energy to support quantum foundry development in an effort to meet supply chain needs, and formally authorizes NASA’s quantum research and the creation of its own quantum institute.

Despite the National Quantum Initiative being set up as a 10-year effort, the 2018 bill authorized the centers for only five years, according to a June report from the National Quantum Initiative Advisory Committee. That panel recommended support beyond the original sunset in 2028 and an expansion of the program, such as authorization of additional quantum-focused research centers.

“The 2018 National Quantum Initiative Act enabled the U.S. science and technology enterprise to progress tremendously in this critical technology,” Lofgren said in the release. “We must now build upon these original investments to ensure the United States can remain the world leader in quantum — this bill will do that and more.”

Latest Podcasts

Title:

Content: Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Dynamic quotes
OFFON
  1. Homepage
  2. Equities
  3. Canada
  4. Toronto Stock Exchange
  5. Fortune Minerals Limited
  6. News
  7. Summary
    FT   CA34967D1015

FORTUNE MINERALS LIMITED

(FT)
 Delayed Toronto Stock Exchange - 08/24 02:56:02 pm
0.105 CAD   +5.00%
03:54pFORTUNE MINERALS : Cobalt news
PU
08/20FORTUNE MINERALS : Cobalt news
PU
08/19FORTUNE MINERALS : Q2 June 30, 2021 Financials (PDF 185 KB)
PU
SummaryQuotesChartsNewsCompanyFinancials
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Fortune Minerals : COBALT NEWS

08/24/2021 | 03:54pm EDT

Business In Vancouver - August 24, 2021

, Marshall said. 'In 2019, China processed 65% of the world's nickel, 82% of the world's cobalt, 93% of global manganese supply, 59% of the

Even before U.S. President Joe Biden signed an executive order two weeks ago that aims to make half the vehicles sold in the U.S. zero-emission by 2030, business intelligence groups and global organizations like the World Bank were predicting explosive growth in the demand for battery metals, materials and manufacturing…By 2030, Bloomberg New Energy Finance predicts electric vehicles (EVs) will represent nearly 30% of sales. The lithium-ion battery market is expected to be worth $300 billion by 2030. The World Bank has predicted a 1,000% increase in battery metals will be needed by 2050. Biden's US$2 trillion infrastructure plan would pour US$174 billion into the EV market, says a recent Clean Energy Canada report on developing a battery supply chain…China dominates both the manufacturing and processing space, and other governments - notably the U.S. and the European Union - are now frantically trying to build their own industrial capacity. That could bode well for Canada's mining sector…'When you look at a value for Canada, you have that low-carbon mineral production, which is very complementary to what the whole transition is trying to achieve in the first place, but we also have that added supply chain security because of our proximity to the U.S. market,' said Brendan Marshall, vice-president of economic and northern affairs for the Mining Association of Canada…'The U.S. has the single largest vehicle-per-capita density country anywhere in the world. So if you're a U.S. manufacturer and you can source these materials competitively on a cost-competitive basis from Canada, you'll just do that.'…'The United States and the European Union have flagged their dependence on Asia, mainly China, for batteries and battery materials as a major risk to their auto industries,' the Clean Energy Canada report states. 'Both regions are working to restructure supply chains and source more batteries and materials from their own regions - and both regions have identified Canada as a secure and stable source of sustainable raw materials.'…Canada is unlikely to develop an automotive EV battery manufacturing industry. It simply can't compete with countries like China…But there are opportunities for Canada in upstream and mid-stream sectors like mining, processing and refining, and even some downstream industries like component manufacturing, according to a newly formed trade organization, the Battery Metals Association of Canada (BMAC)…It points out that national governments and regions, like the EU, are implementing strategies to secure battery supply chains. The Canadian government therefore needs to play a significant role in an industrial strategy for batteries…'Canada generally lacks metal refining and chemical processing capacity related to battery grade materials,' Clean Energy Canada notes. On the mining side, there are five battery minerals that are critical for lithium-ion batteries: cobalt, graphite, lithium, manganese and nickel. The BMAC notes that 'all the major battery minerals are found in Canada; however, many are not actively produced.'…As a supplier of battery metals and components, Canada's advantages include geological richness, an established mining industry and a clean electrical grid. Its disadvantage is its regulatory and investment climate…Getting a new mine approved and in production can be a decades-long process, not just in Canada, but elsewhere as well. The federal and provincial regulatory processes in Canada are viewed as particularly slow and overly bureaucratic, however. There are fears that EV adoption could be seriously hampered by a lack of raw materials… 'In 2019, China processed 65% of the world's nickel, 82% of the world's cobalt, 93% of global manganese supply, 59% of the world's lithium and nearly all global graphite supply,' the BMAC report points out…Because of that monopolization, there is a now an effort in the U.S. and Europe to 'reshore' some of those industries, in an attempt to secure supply chains…'Second, we need to be engaging with the U.S. to leverage the large U.S. market and set up a North American battery alliance that gets investments flowing and transactions going across the two countries,' she said. 'Canada should work hard to make sure we're carving out opportunities for ourselves beyond just being a raw materials supplier.

Disclaimer

Fortune Minerals Limited published this content on 24 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 August 2021 19:53:05 UTC.

© Publicnow 2021
All news about FORTUNE MINERALS LIMITED
03:54pFORTUNE MINERALS : Cobalt news
PU
08/20FORTUNE MINERALS : Cobalt news
PU
08/19FORTUNE MINERALS : Q2 June 30, 2021 Financials (PDF 185 KB)
PU
08/19FORTUNE MINERALS : Q2 June 30, 2021 MD&A (PDF 140 KB)
PU
08/16Fortune Minerals Limited Reports Earnings Results for the Second Quarter Ende..
CI
07/27FORTUNE MINERALS : Cobalt news
PU
06/30FORTUNE MINERALS : Cobalt news
PU
06/28FORTUNE MINERALS : Cobalt news
PU
06/25FORTUNE MINERALS : Cobalt news
PU
06/23FORTUNE MINERALS : Cobalt news
PU
More news
Financials
Sales 2020 - - -
Net income 2020 -1,72 M -1,36 M -1,36 M
Net Debt 2020 9,28 M 7,37 M 7,37 M
P/E ratio 2020 -15,7x
Yield 2020 -
Capitalization 36,6 M 29,0 M 29,1 M
EV / Sales 2019 -
EV / Sales 2020 -
Nbr of Employees 6
Free-Float 86,5%
Chart FORTUNE MINERALS LIMITED
Duration : Period :
Full-screen chart
Technical analysis trends FORTUNE MINERALS LIMITED
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Managers and Directors
Robin Ellis Goad President, CEO & Non-Independent Director
Patricia Penney Chief Financial Officer & Controller
Mahendra Naik Chairman
Glen Koropchuk Director & Technical Director
Edward Alfred Yurkowski Independent Director
Sector and Competitors
1st jan.Capi. (M$)
FORTUNE MINERALS LIMITED33.33%29
BHP GROUP4.78%158 409
RIO TINTO PLC-3.95%118 369
ANGLO AMERICAN PLC20.07%49 384
GRUPO MÉXICO, S.A.B. DE C.V.5.28%33 781
SAUDI ARABIAN MINING COMPANY (MA'ADEN)65.43%21 985

Title:

Content: Russian Federation
Moscow
+ 2 °
Society8 April 2023 5: 20
At the federal open “Digital Lesson ”, children from more than 5,000 Russian schools were told about quantum technologies
On April 7, 2023, in Moscow, the Russian Quantum Center hosted an open “Lesson of Numerals ” on the topic of quantum technologies – children from more than 5,000 Russian schools took part in it.
Photo: Alexey BULATOV
Scientists of Rosatom and the Russian Quantum Center (RCC) told students about the prospects for the development of quantum technologies in economic sectors and urged to replenish the ranks of young researchers in this field who will create the domestic quantum industry.
The topic of the lesson is “The city of the future: how quantum technologies change our lives ”: leading Russian specialists, using the example of everyday events, showed the connection between fundamental science and the quality of life of people and presented specific examples of the use of quantum computing, communications and sensors.
For the first three days from the start of the lesson, schoolchildren and teachers turned to interactive simulators more than 1 million times.
“Achieving national technological sovereignty, especially in high-tech areas, which include quantum technologies, is the goal that the President sets for us.
At the time of the start of the implementation of the road map for quantum technologies in 2021, Russia had only a 2-qubit quantum processor on a superconductor platform.
In just 2 years, scientists managed to create new quantum processors on all four platforms, which makes our country one of the leaders in these developments.
Rosatom State Corporation plays an active role in these processes.
In the coming years, quantum technologies will become a growth point, so it is extremely important to talk about them in an accessible and understandable language to the younger generation.
And the Digit Lesson is an excellent tool for solving this problem, ” said Deputy Prime Minister Dmitry Chernyshenko.
Rosatom State Corporation has developed methodological recommendations, interactive simulators and multimedia content of the lesson, presented a description of new “quantum ” specialties and information on educational opportunities in this field.
Support for the federal Digital Lesson is an important element of Rosatom ’ s efforts to create a quantum education system in cooperation with leading Russian universities and research centers, which is designed to cover educational institutions from school to university stages.
The purpose of this work is to form a personnel reserve of researchers and engineers to ensure the technological independence of the country in the quantum sphere.
“Technological independence begins in the school, where our change is formed – new generations who will create the future of the country.
The current “Lesson of numbers ” is devoted to quantum technologies, which have already become the sphere of competition of developed countries.
To be among the leaders, we need not only to widely open the way for Russian schoolchildren to study quantum physics, but also to talk about how important tasks they have to solve.
Rosatom unites universities, research teams and technology companies for the development of quantum computing, ” commented Alexey Likhachev, Director General of Rosatom State Corporation.
ANO “Digital Economy ” is actively developing the project“ Digital Lesson ”, attracting founders and partners.
According to the head of the organization, the project is an effective tool for career guidance of schoolchildren and involving them in the digital agenda.
“Until a few years ago, quantum computing and communication seemed to most citizens something distant, from the realm of fantasy.
It ’ s great that today almost every student can touch this world thanks to the “Lesson of numbers ” and even try their hand in this direction.
For ANO "Digital Economy", on the basis of which the project office is deployed to support the VTN DC, among which two - on "quanta", it is very important to comprehensively develop these areas.
And we understand that any technology is impossible without personnel - that's why we support Rosatom's involvement in the "Lesson of Numbers", careful study of topics, expert support, "says Sergey Plugotarenko, CEO of ANO" Digital Economy ".
Along with the demonstration of a educational film about quantum technologies, practical classes were organized for schoolchildren on game simulators, where the children solved a series of tasks on working with quantum simulators, as well as the use of quantum sensors for targeted drug delivery and the transfer of a quantum cryptographic key.
A unique module of the lesson was an excursion to Russian world-class scientific laboratories, where domestic quantum technologies are born today.
Together with physicists, the lesson was conducted by the co-founder of the RCC Ruslan Yunusov.
Alexey Likhachev, Director General of Rosatom State Corporation, and Grigory Gurov, Chairman of the Board of the Russian Movement of Children and Youth “Movement of the First ”, addressed the young participants with a video greeting.
From April 5 to 30, 2023, a “Lesson of numbers ” is held in Russian schools on the topic“ The city of the future: how quantum technologies change our lives ”.
The strategic partner and developer of interactive simulators and the methodical part of the lesson, Rosatom State Corporation together with the Russian Quantum Center, will hold training sessions for schoolchildren and teachers of the country on the use of quantum computing, communications and sensors in everyday life.
Special attention will be devoted to the career track in the natural science and engineering fields: students will be told about new specialties in the field of quantum technologies, key universities and training opportunities.
The All-Russian educational project “Digital Economy Lesson ” is annually held by ANO“ Digital Economy ” together with the Ministry of Education of Russia, the Ministry of Digital Economy of Russia in partnership with leading Russian technology companies for the purpose of early career guidance of schoolchildren in IT, as well as in support of the federal project “Personnel for the Digital Economy ” of the national program“ Digital Economy of the Russian Federation ”.
The all-Russian educational project “Digital Lesson ” is implemented for the purpose of early career guidance of schoolchildren in IT, as well as in support of the federal project“ Personnel for the Digital Economy ” of the national program “Digital Economy of the Russian Federation ”.
Classes on the thematic simulators of the project are held in the form of exciting online games for three age groups: junior, middle and high school students.
Methodological materials of lessons remain available on the project website and cover a wide range of topics: algorithms, coding, team development, Internet security, project management, artificial intelligence, machine learning, personal assistants, networks and cloud technologies, big data, unmanned transport, neural networks and communications, privacy in the digital world.
The initiators of the Digital Lesson are ANO Digital Economy, the Ministry of Education of the Russian Federation, the Ministry of Digital Development, Communications and Mass Media of Russia, in partnership with leading companies in digital transformation.
The objectives of the project are the development of digital competencies among schoolchildren and early career guidance: lessons help children navigate the world of professions related to computer technology and programming.
The partners of the project in the 2022 / 23 academic year are Kaspersky Lab, the Sberbank Charitable Foundation “Contribution to the Future ”, 1C, Yandex, VK, Rosatom.
Since 2018, the lessons have been completed more than 65 million times.
Rosatom State Corporation is a global technology holding that unites assets in energy, mechanical engineering, and construction.
It includes more than 350 enterprises and organizations employing 290,000 people.
As part of the unified digital strategy, he participates in the digitalization of the Russian Federation, develops digital products for industry, develops end-to-end digital technologies and internal digitalization, as well as digital competencies and culture.
Systematically implements scientific, educational and educational projects in the field of quantum technologies.
Annually participates in the All-Russian Lesson Figures on Quantum Themes, organizes the work of scientific schools on quantum physics ("From the XIX to the XXI century.
Paradoxes of classical physics and their consequences ”, online school “Quantins ”), scientific competitions (“ Big Challenges ”) and internships (with a partner organization of the RCC).
In the field of higher education, it cooperates with universities to develop programs for training specialists in quantum fields.
He is the initiator of the integration of quantum competencies into the professional skills competitions ATOMSKILLS, DIDGITALSKILLS, HITECH and others.
In order to develop scientific and educational projects on quantum topics, he cooperates with research centers, as well as a consortium of leading Russian organizations in the field of quantum technology development, the National Quantum Laboratory.
The Russian Quantum Center (RCC) is a scientific and technological center of a unique format for Russia, which in a short time took a leading position in its field of scientific research, as well as in the development of high-tech commercial products based on quantum technologies.
The team of RCC researchers includes more than 500 scientists, including leading Russian and world experts.
Over the 12 years of its existence, the RCC has formed 19 scientific groups and projects, 8 technological start-ups, built 17 laboratories, organized six large international conferences and held 5 scientific schools.
In 2018, RCC was the first in the world to launch a quantum blockchain, and in 2021 introduced the first domestic ion quantum computer on qubits.

Title:

Content: Monday, 11 September 2023 06: 33 GMT
Towards making science accessible to all for more balanced development at the Arab level
(MENAFN- Qatar Financial Centre Regulatory Authority) Doha, Qatar, 11 September 2023 – Young people under the age of 25 in Arab countries make up nearly 60 per cent of their population, making the Arab region the most youthful globally.
The new season of Stars of Science will explore the potential, abilities and aspirations of young people to contribute to the process of scientific innovation, when QSTP studios will host the first round of auditions in preparation for the start of the season.
Throughout its multiple seasons, Qatar Foundation ’ s Stars of Science program has established itself as a platform for discovering regional talent and innovation. Candidates seek to develop their solutions with the support of dedicated consultants and an experienced team, and progress through several competitive rounds to qualify for the final stage of the program, with the aim of being among the two winners who will each receive a share of the program ’ s seed money prize.
Professor Fouad Murad, Science, Technology and Innovation Advisor and one of the senior judges of the program, commented on the cultural impact of Stars of Science on the entrepreneurial environment in the Arab region. “Stars of Science has motivated young people not only to study books and get certificates that hang on the walls; we need to be productive individuals – innovate and go on the entrepreneurial journey with passion. We promote positive change by creating jobs rather than demanding them. ”
Yousef Al-Salhi, Executive Director of Qatar Science and Technology Park (QSTP), a member of Qatar Foundation, said the programme ’ s success lies in its ability to facilitate access to science and demystify people ’ s understanding of it; this in itself is critical to attracting an emerging generation of Arab innovators.
“The region as a whole has come a long way in the development of digital infrastructure and sustainable development over the past years. ”
Al-Salhi, a former member of the Stars of Science jury, said: “There are many current issues around entrepreneurship promotion that need to be addressed, while encouraging risk taking and stimulating awareness of technology-based solutions. In this context, Stars of Science has done a remarkable job in bridging the knowledge gap and breaking down cultural barriers that hinder the popularization of this mindset. ”
Stars of Science aims not only to promote innovation, but also to create an entrepreneurial environment that will foster innovation-driven economies and develop a highly skilled science and technology workforce. The Middle East has seen a simultaneous rise in the number of tech and entrepreneurial start-ups, especially in sectors such as fintech, e-commerce, health technology, and renewable energies.
According to a Forbes report, tech startups in the Middle East brought in a record $3.94 billion in funding in 2022, a 24 percent increase in value, compared to 2021.
The Stars of Science alumni community, with 161 members from 18 Arab countries, reflects the impact the TV show has had in the region.
Over the past 15 years, the program has engaged 55 alumni in entrepreneurial ventures, product and business exploration and development, investor financing, and strategic partnerships, while outstanding winners and contestants have demonstrated an unlimited will to innovate across industries.
We cite some live examples, such as season 2 finalist Ahmed Al Ghazi, from Saudi Arabia, who invented a walking machine for the elderly; his flagship product, Can-Go, the world ’ s smartest walking stick, launched in May 2022, by his Silicon Valley company – Kan Mobilities.
In the field of food technology, season 4 winner Khalid Abu Jassoum, Qatar ’ s first Stars of Science winner, introduced Oliver – a smart cooker; and recently launched Oliver Fleet, an on-demand and one-of-a-kind technology that will represent self-cooking solutions for commercial kitchens of all types and sizes.
For her part, Dr. Nour Mujbour, from Syria, after participating in the 10th season of Stars of Science, demonstrated the excellence of women in the Arab world and inspired many to build their future in science, technology, engineering and mathematics.
Her project QABY, a set of research tools for diagnosing early-stage Parkinson ’ s disease through antibodies, has been registered as a trademark with Qatar Foundation and is now working as a Senior Scientist in Transitional Biomarkers at AstraZeneca Laboratories, UK.
Stars of Science will air every Friday and Saturday, starting September 8, 2023, and will run until October 20, 2023 on five channels in the region and online.
MENAFN11092023004464009595ID1107046425
Qatar Financial Centre Regulatory Authority
Legal Disclaimer:
MENA Financial Services Network provides information "as is" without any representations or warranties...
This disclaims our responsibility for the privacy practices or content of the sites included in our network, including images and videos.
For any queries regarding the use and reuse of this source of information, please contact the provider of the above article.
NEWSLETTER

How much have countries and blocs invested in quantum computing?

What countries and blocs are leading in developing quantum computing?

How much have countries and blocs invested in quantum computing?

What countries and blocs are leading in developing quantum computing?

How much have countries and blocs invested in quantum computing?

What countries and blocs are leading in developing quantum computing?

How much have countries and blocs invested in quantum computing?

What countries and blocs are leading in developing quantum computing?

How much have countries and blocs invested in quantum computing?

What countries and blocs are leading in developing quantum computing?

How much have countries and blocs invested in quantum computing?

What countries and blocs are leading in developing quantum computing?