D-Wave Overview Vern Brownell, CEO. © 2013 D-Wave Systems Inc. All Rights Reserved 2 About D-Wave...
Transcript of D-Wave Overview Vern Brownell, CEO. © 2013 D-Wave Systems Inc. All Rights Reserved 2 About D-Wave...
D-Wave OverviewVern Brownell, CEO
© 2013 D-Wave Systems Inc. All Rights Reserved 2
About D-Wave
Founded in 1999
Raised over $130M in venture funding and
government grants since inception
Premier First Customers
High margin, high growth system sales, service and
cloud services business
100 US patents granted; over 60 scientific papers published
© 2013 D-Wave Systems Inc. All Rights Reserved 3
Mission
We help solve the most challenging computing
problems in the universe.
Mission planning
Cancer research
Systems Optimization
Anomaly detection
Search for exoplanets
© 2013 D-Wave Systems Inc. All Rights Reserved 4
Why Build a Quantum Computer?
• Solve high-value commercial and scientific problems that can’t be solved today
• Solve complex problems orders of magnitude faster
• We have demonstrated 10,000 – 100,000x speedups
© 2013 D-Wave Systems Inc. All Rights Reserved 5
Addressable Market
TAM
2014HPC
Market$12.6B
2014Supercomputing
$6.2B
Source: IDC
$10B
Defense/Gov’t Labs
Bioscience
Big DataUniversities
Energy/GeoScie
nce
Finance
2014Big DataMarket$16.1B
2014Servers as % of
Big Data$4.6B
© 2013 D-Wave Systems Inc. All Rights Reserved 6
Target Industries
Defense Intelligence National Labs
Universities
Web
Finance Energy
© 2013 D-Wave Systems Inc. All Rights Reserved 7
D-Wave TwoTM Quantum Computer
Feature Description
Architecture One 512-qubit quantum processor
Power 15.5kW (no increase up to 10,000+ qubits)
Capability Finds optimal or near-optimal solution in a search space of 10154 possibilities
Applications Discrete combinatorial optimization, artificial intelligence, machine learning
Quantum co-processor
Designed to be used as a “quantum co-processor”, complementing an HPC system or data analytics engine
Scaling 500,000x faster than D-Wave One, developed in 2 years
© 2013 D-Wave Systems Inc. All Rights Reserved 8
What is a Quantum Computer?
• Exploits quantum mechanical effects• Built around “qubits” rather than
“bits” • Operates in an extreme
environment• Enables quantum algorithms
to solve very hard problemsQuantum Processor
© 2013 D-Wave Systems Inc. All Rights Reserved 9
Power and Cooling
• Closed cycle dilution refrigerator (“fridge”)
• Fridge + servers consume 15.5kW
• Power demand will remain constant as we scale up to thousands of qubits
© 2013 D-Wave Systems Inc. All Rights Reserved 10
• Cooled to 0.02 Kelvin, 150x colder than interstellar space
• Shielded to 50,000× less than Earth’s magnetic field
• On low vibration floor
• 168 i/o and control lines from room temperature to the chip
Processor Environment
© 2013 D-Wave Systems Inc. All Rights Reserved 11
Mathematical Programming Optimization BenchmarksMedian Time to Find Best Solution
(Log
sca
le)
Timing Benchmark – Smaller is Better
D-Wave Two
Commercial solvers
© 2013 D-Wave Systems Inc. All Rights Reserved 12
Mathematical Programming Optimization BenchmarksTime to solve 25% of the most complex problems
(Log
sca
le)
Timing Benchmark – Smaller is Better
D-Wave Two
Commercial solvers
© 2013 D-Wave Systems Inc. All Rights Reserved 13
The Most Advanced Quantum Computer in the World
10,000
1,000
100
10
1
Numberof
Qubits
D-Wave One 128 qubit
D-Wave Two512 qubit
28 qubit
16 qubit
4 qubit
2002 2006 2010 2014
© 2013 D-Wave Systems Inc. All Rights Reserved 14
Ranked fourth in patent power for computer systems by IEEE
D-Wave patents cover broad range of domains• superconducting
qubits • quantum processor • magnetic shielding • cooling • software • algorithms
© 2013 D-Wave Systems Inc. All Rights Reserved 15
A Brief History
Intellectual Property Aggregation
Conceptand
Design
Scienceand Engineering
Commercializeand Scale
’99 ‘00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12 ‘13 ’14 ‘15
© 2013 D-Wave Systems Inc. All Rights Reserved 16
Go-to-Market Model
• Joint collaboration with strategic customers (e.g. Lockheed Martin, NASA, Google)
• Focus on key verticals:– Defense/Intelligence –
direct and through integrators– Web 2.0 – image / pattern recognition,
machine learning– National laboratories – Universities– Financial Services – risk modeling, trading
strategies– Energy
• Provide broader access via Quantum Cloud
© 2013 D-Wave Systems Inc. All Rights Reserved 17
SystemD-Wave One (128-qubits) installed at USC/ISI Q1 2012
D-Wave Two (512-qubits) Q2 2013
Objective “To solve hugely enormous, complex problems in a reasonable amount of time.”
ApplicationsSoftware validation and verification of complex software for radar, space and aircraft systems
Lockheed Martin
Customers
“ This is a revolution not unlike the early days of computing, …It is a transformation in the way computers are thought about.”
Ray Johnson, Lockheed Chief Technology Officer
“ It’s a game changer for Lockheed Martin, a game changer for our customers, and ultimately a game changer for humanity.”
Greg Tallant, Lockheed Martin program manager
© 2013 D-Wave Systems Inc. All Rights Reserved 18
SystemD-Wave Two (512-qubits) installing at Quantum Artificial Intelligence Lab, Operational Q3 2013
Objective “To study how quantum computing might advance machine learning.”
Applications“Help researchers construct more efficient and more accurate models for everything from speech recognition, to web search, to protein folding.”
Customers
“We believe quantum computing may help solve some of the most challenging computer science problems, particularly in machine learning…We actually think quantum machine learning may provide the most creative problem-solving process under the known laws of physics.”
Hartmut Neven, Director of Engineering, Google
© 2013 D-Wave Systems Inc. All Rights Reserved 19
SystemD-Wave Two (512-qubits) installing at Quantum Artificial Intelligence Lab at NASA Ames Research Center, Operational Q3 2013
Objective
“to develop dramatically improved algorithms for optimization tasks in air traffic control, autonomy, robotics, navigation and communication, system diagnostics, pattern recognition, and mission planning and scheduling.”
Initial Applications
Search for exoplanets among the more than 100,000 stars in the Kepler spacecraft’s field of view, and complex mission planning and scheduling
NASA Ames
Customers
“Using the D-Wave Two to perform Kepler’s data-intensive search for transiting planets among the more than 100,000 stars in the spacecraft’s field of view has the potential to provide a unique, complementary approach to the task of discovering new Earth-like exoplanets.”
Quantum Computer Fact Sheet at NASA Ames
© 2013 D-Wave Systems Inc. All Rights Reserved 21
Business Model
• System sales, services, solution-based subscription contracts • Multi-year subscription contracts (3 to 5 years) • Creates deferred revenue on balance sheet• Annual upfront billing• Professional Services and maintenance revenues streams
Focus on long term growth opportunity
Primarily a direct sales effort
© 2013 D-Wave Systems Inc. All Rights Reserved 22
D-Wave Executive Team
Vern Brownell, CEO
CEO Egenera, CTO Goldman
Sachs
Steve Cakebread, CFO
CFO Pandora,Salesforce.com
Bo Ewald, CRO CEO, Cray, SGI
Warren Wall, COOCOO, Electronic Arts
Canada
Dr. Geordie Rose, CTO
Founder, D-Wave
© 2013 D-Wave Systems Inc. All Rights Reserved 23
Supported by World Class Investors
International Investmentand Underwriting
© 2013 D-Wave Systems Inc. All Rights Reserved 24
Summary
• Quantum computing will help solve the world’s most challenging computing problems
• D-Wave is the world leader in producing a scalable quantum computer
• D-Wave has sold and installed its first two D-Wave Two systems
• Typical system services engagement is $8-10M over 3 years, not including professional services
• D-Wave will develop “Quantum Cloud” model, with unprecedented energy efficiency built upon existing capability
Thanks!