{"id":559,"date":"2018-12-10T14:33:42","date_gmt":"2018-12-10T14:33:42","guid":{"rendered":"https:\/\/sdtc-2024-staging.sociationdev.com\/?p=559"},"modified":"2020-01-05T17:15:03","modified_gmt":"2020-01-05T17:15:03","slug":"b-c-company-advances-next-generation-computing-to-reduce-energy-use","status":"publish","type":"post","link":"https:\/\/sdtc-2024-staging.sociationdev.com\/en\/b-c-company-advances-next-generation-computing-to-reduce-energy-use\/","title":{"rendered":"B.C. company advances next-generation computing to reduce energy use"},"content":{"rendered":"<p align=\"LEFT\">BURNABY \u2013 A new generation of made-in-B.C. quantum computers will use advanced technology to help reduce the energy used by computers that solve large, complex problems.<\/p>\n<p align=\"LEFT\">The Province is supporting Burnaby-based D-Wave Systems to develop a next-generation quantum computer that will be far more powerful than its current model, on a wider variety of applications, without increasing power demands. The technology will also improve the way computers solve problems for people in a variety of areas, such as precision medicine, discovery of new materials, traffic management and climate change.<\/p>\n<p align=\"LEFT\">\u201cWe need to invest in the technology and jobs of the future,\u201d said Michelle Mungall, Minister of Energy, Mines and Petroleum Resources. \u201cWe\u2019re supporting innovation in quantum computers that will reduce overall energy use and create sustainable economic opportunities for people in B.C.\u201d<\/p>\n<p align=\"LEFT\">Classical computers process large amounts of information very quickly. However, they require significant amounts of electricity to operate. For certain problems, D-Wave\u2019s existing quantum systems dramatically reduce power consumption, using up to 100 times less, while still running faster than a classic computer solving the same problem.<\/p>\n<p align=\"LEFT\">\u201cSolving the complex problems of tomorrow requires a new kind of computing innovation,\u201d said Bruce Ralston, Minister of Jobs, Trade and Technology. \u201cGroundbreaking projects like this address the energy needs of future computers and contribute to the growing clean-tech sector in B.C.\u201d<\/p>\n<p align=\"LEFT\">B.C.\u2019s $2-million investment in D-Wave\u2019s project was provided through the Innovative Clean Energy (ICE) Fund, which supports energy efficiency and clean initiatives. It adds to the $10 million provided through Sustainable Development Technology Canada (SDTC) and private investment raised by D-Wave specifically for this project.<\/p>\n<p align=\"LEFT\">\u201cD-Wave Systems is developing technology with the potential to help solve some of the world\u2019s most complex problems whether they be technical, scientific, or commercial,\u201d said Leah Lawrence, president and CEO of SDTC. \u201cWe are proud our partnership with the B.C. ICE Fund creates a one-window approach for companies to access the funding they need to deliver economic and environmental prosperity for Canadians.\u201d<\/p>\n<p align=\"LEFT\">D-Wave develops systems used by leading global organizations, including Volkswagen, DENSO, Google and NASA, among others.<\/p>\n<p align=\"LEFT\">\u201cThis investment will help accelerate our company\u2019s next-generation quantum system, developed right here in B.C.,\u201d said Vern Brownell, chief executive officer at D-Wave. \u201cOur advanced technology is leading the sector and will significantly improve energy efficiency for hard computational problems and may, over time, help address climate change.\u201d<\/p>\n<p align=\"LEFT\">This initiative aligns with CleanBC, the province\u2019s pathway to a more prosperous, balanced and sustainable future, and will get B.C. closer to its climate goals.<\/p>\n<p align=\"LEFT\">Quick Facts:<\/p>\n<p align=\"LEFT\">\u2022 D-Wave expects quantum technology will be applied to solve new problems, creating opportunities for new products and services that will further reduce energy use and emissions.<\/p>\n<p align=\"LEFT\">\u2022 There are 100 early applications built on D-Wave systems, including airline scheduling, quantum chemistry simulation, automotive design and preventative health care.<\/p>\n<p align=\"LEFT\">\u2022 Volkswagen is using D-Wave\u2019s technology to find more efficient ways to forecast urban traffic volumes, transport demand and travel times. This can help public transit agencies, taxi companies and other transport service providers use their fleets more efficiently.<\/p>\n<p align=\"LEFT\">\u2022 DENSO Corporation \u2014 a leading supplier of advanced automotive technology \u2014 has reported an increased efficiency of its factory automated vehicles on a small scale using existing D-Wave systems.<\/p>\n<p align=\"LEFT\">\u2022 SDTC and the B.C. ICE Fund launched a partnership in March 2017 to make it easier for companies like D-Wave to access the funding they need to develop new technologies that can transform traditional industries and deliver economic and environmental prosperity for Canadians.<\/p>\n<p align=\"LEFT\">\u2022 D-Wave currently employs more than 150 highly skilled workers at its Burnaby office.<\/p>\n<p align=\"LEFT\">Learn More:<\/p>\n<p align=\"LEFT\">To learn more about D-Wave Systems, visit:\u00a0www.dwavesys.com<\/p>\n<p align=\"LEFT\">To learn more about the Innovative Clean Energy Fund, visit: www2.gov.bc.ca\/gov\/content\/industry\/electricity-alternative-energy\/innovative-clean-energysolutions\/innovative-clean-energy-ice-fund<\/p>\n<p align=\"LEFT\">To learn more about Sustainable Development Technology Canada, visit:\u00a0www.sdtc.ca<\/p>\n<p>To learn more about CleanBC, visit:\u00a0www.cleanbc.gov.bc.ca<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BURNABY \u2013 A new generation of made-in-B.C. quantum computers will use advanced technology to help reduce the energy used by computers that solve large, complex problems. 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