April 05, 2022
Accenture Invests in Just right Chemistry Corporate to Assist Power Quantum Computing Developments in Fabrics and Existence Sciences
1QBit derivative combining cloud, AI and quantum computing joins Accenture Ventures’ Venture Highlight program
NEW YORK; April 5, 2022 – Accenture (NYSE: ACN) has made a strategic funding, via Accenture Ventures, in Just right Chemistry Corporate, an organization that makes use of quantum chemistry, system studying and quantum computing to boost up new fabrics design.
The Just right Chemistry Corporate platform, QEMIST Cloud, combines cloud, AI, and quantum computing in an built-in platform designed for builders. The platform’s engine permits quicker, extra correct, and scalable techniques to accomplish computational chemistry simulations.
“We’re doubling down at the expansion possible of quantum computing and uncovering new techniques to navigate its possible whilst empowering our purchasers to hopefully take in and get entry to this step forward era,” stated Tom Lounibos, managing director, Accenture Ventures. “Simulating chemistry on this new approach leverages simply and readily out there computer systems at the cloud to accomplish simulations that had been up to now intractable even on pricey, high-performance computing environments. This brings a aggressive benefit to purchasers and will alternate pharmaceutical drug discovery and extra.”
In line with the Accenture Generation Imaginative and prescient 2022, 69% of world executives say quantum computing could have a step forward or transformational sure affect on their organizations someday. Quantum is the top of subsequent technology downside fixing and Accenture and Biogen collaborated with 1QBit already to boost up drug discovery, creating an evidence of idea that validated a quantum-computing molecule comparability manner and development an enterprise-ready, quantum-enabled software with clear processes that generates molecular comparability effects with deeper insights about shared characteristics.
Arman Zaribafiyan, CEO of Just right Chemistry Corporate stated, “With our platform, we’re re-imagining the best way computational chemistry simulations are executed. Simulating chemistry on computer systems will assist force quicker, extra correct and extra out there fabrics innovation within the a long time to return. With Accenture’s improve and collaboration, we can discover the vastness of chemical house and permit rational fabrics design at scale.”
Carl Dukatz, Accenture’s world quantum computing lead stated, “Through development on and increasing our courting with 1QBit to the newly shaped Just right Chemistry Corporate, we’re demonstrating our ongoing dedication to accelerating quantum computing innovation. We’re witnessing the emergence of a brand new elegance of scalable cloud-based era this is stretching the limits of what computer systems can resolve. We acknowledge the opportunity of arming our purchasers with the following technology of chemistry, subject matter science, and structural design.”
Just right Chemistry Corporate is the newest group to sign up for Accenture Ventures’ Venture Highlight, an engagement and funding program that connects rising era instrument startups with the World 2000 to fill strategic innovation gaps. Venture Highlight provides intensive get entry to to Accenture’s area experience and its venture purchasers, serving to startups harness human creativity and ship at the promise in their era.
Phrases of the funding weren’t disclosed.
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About Just right Chemistry Corporate
Just right Chemistry Corporate’s undertaking is to permit high-throughput high-accuracy computational chemistry simulations to boost up new subject matter designs. Their proprietary QEMIST Cloud, a cloud-based computational chemistry platform, supplies the development blocks for computational chemistry builders to construct chemical simulation programs and workflows, the use of rising algorithms in quantum chemistry, system studying, and quantum computing. Via easy, easy-to-use APIs, QEMIST Cloud supplies get entry to to computational chemistry gear with unheard of scale enabled by means of the facility of cloud. Headquartered in Vancouver, Canada, Just right Chemistry Corporate’s interdisciplinary staff contains computational and quantum chemists, instrument builders, ML engineers and quantum computing scientists. For more info about Just right Chemistry Corporate, seek advice from goodchemistry.com.
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