D-Wave Systems Inc (D-Wave) carries out the development and delivery of quantum computing systems, software, and services. It develops annealing quantum computers and gate-model quantum computers. The company builds and delivers application development tools, quantum systems, and software development kits. D-Wave offers services Leap quantum cloud service, quantum hybrid solver services, training, and professional services. Its Ocean software development kit enables developers to rapidly develop and harness the power of the Advantage quantum computer to solve complex problems. The company provides solutions through quantum applications for logistics, materials sciences, artificial intelligence, cyber security, drug discovery, financial modeling and fault detection. It operates in the US, the UK, Canada and Japan. D-Wave is headquartered in Burnaby, British Columbia, Canada.
Headquarters
Canada
Address
3033 Beta Avenue, Burnaby, British Columbia, V5G4M9
Website
www.dwavesys.com
Telephone
1 604 6301428
No of Employees
180
Industry
Technology and Communications
D-Wave Systems Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Application Development Tools | Professional | Leap |
| Qubits | Training | Advantage 2 |
| Advantage 2 Quantum System | Quantum Hybrid Solver Services | Ocean |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In July, the company and QuantumBasel collaborated with VINCI Energies to launch a quantum pilot project. |
| 2022 | Acquisitions/Mergers/Takeovers | In August, the company merged with DPCM Capital, a special purpose acquisition company. |
| 2022 | Contracts/Agreements | In July, the company and Mastercard entered into a multi-year strategic alliance to champion the acceleration and adoption of quantum computing solutions. |
Competitor Comparison
| Key Parameters | D-Wave Systems Inc | BMC Software Inc | 1QB Information Technologies Inc | QC Ware Corp | Rigetti & Co LLC |
|---|---|---|---|---|---|
| Headquarters | Canada | United States of America | Canada | United States of America | United States of America |
| City | Burnaby | Houston | Vancouver | Palo Alto | Berkeley |
| State/Province | British Columbia | Texas | British Columbia | California | California |
| No. of Employees | 180 | 6,000 | - | - | - |
| Entity Type | Private | Private | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| V Paul Lee | Chairman | Executive Board | - | - |
| Alan Baratz | Director; Chief Executive Officer | Executive Board | 2020 | - |
| John Markovich | Chief Financial Officer | Senior Management | 2021 | - |
| Jennifer Houston | Chief Marketing Officer | Senior Management | 2021 | - |
| Daniel Ley | Senior Vice President - Sales | Senior Management | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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