Accenture Invests in Good Chemistry Company to Help Drive Quantum Computing Advancements in Materials and Life Sciences
05 Abril 2022 - 11:59AM
Business Wire
1QBit spinoff combining cloud, AI and quantum
computing joins Accenture Ventures’ Project Spotlight program
Accenture (NYSE: ACN) has made a strategic investment, through
Accenture Ventures, in Good Chemistry Company, a company that uses
quantum chemistry, machine learning and quantum computing to
accelerate new materials design.
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Accenture Invests in Good Chemistry
Company to Help Drive Quantum Computing Advancements in Materials
and Life Sciences (Graphic: Business Wire)
The Good Chemistry Company platform, QEMIST Cloud, combines
cloud, AI, and quantum computing in an integrated platform designed
for developers. The platform’s engine enables faster, more
accurate, and scalable ways to perform computational chemistry
simulations.
“We’re doubling down on the growth potential of quantum
computing and uncovering new ways to navigate its potential while
empowering our clients to confidently absorb and access this
breakthrough technology,” said Tom Lounibos, managing director,
Accenture Ventures. “Simulating chemistry in this new way leverages
easily and readily accessible computers on the cloud to perform
simulations that were previously intractable even on expensive,
high-performance computing environments. This brings a competitive
advantage to clients and can change pharmaceutical drug discovery
and more.”
According to the Accenture Technology Vision 2022, 69% of global
executives say quantum computing will have a breakthrough or
transformational positive impact on their organizations in the
future. Quantum is the pinnacle of next generation problem solving
and Accenture and Biogen collaborated with 1QBit already to
accelerate drug discovery, developing a proof of concept that
validated a quantum-computing molecule comparison approach and
building an enterprise-ready, quantum-enabled application with
transparent processes that generates molecular comparison results
with deeper insights about shared traits.
Arman Zaribafiyan, CEO of Good Chemistry Company said, “With our
platform, we are re-imagining the way computational chemistry
simulations are done. Simulating chemistry on computers will help
drive faster, more accurate and more accessible materials
innovation in the decades to come. With Accenture’s support and
collaboration, we will be able to explore the vastness of chemical
space and enable rational materials design at scale.”
Carl Dukatz, Accenture’s global quantum computing lead said, “By
building on and extending our relationship with 1QBit to the newly
formed Good Chemistry Company, we are demonstrating our ongoing
commitment to accelerating quantum computing innovation. We are
witnessing the emergence of a new class of scalable cloud-based
technology that is stretching the boundaries of what computers can
solve. We recognize the potential of arming our clients with the
next generation of chemistry, material science, and structural
design.”
Good Chemistry Company is the latest organization to join
Accenture Ventures’ Project Spotlight, an engagement and investment
program that connects emerging technology software startups with
the Global 2000 to fill strategic innovation gaps. Project
Spotlight offers extensive access to Accenture’s domain expertise
and its enterprise clients, helping startups harness human
creativity and deliver on the promise of their technology.
Terms of the investment were not disclosed.
About Accenture Accenture is a global professional
services company with leading capabilities in digital, cloud and
security. Combining unmatched experience and specialized skills
across more than 40 industries, we offer Strategy and Consulting,
Interactive, Technology and Operations services — all powered by
the world’s largest network of Advanced Technology and Intelligent
Operations centers. Our 699,000 people deliver on the promise of
technology and human ingenuity every day, serving clients in more
than 120 countries. We embrace the power of change to create value
and shared success for our clients, people, shareholders, partners
and communities. Visit us at accenture.com.
About Good Chemistry Company Good Chemistry Company’s
mission is to enable high-throughput high-accuracy computational
chemistry simulations to accelerate new material designs. Their
proprietary QEMIST Cloud, a cloud-based computational chemistry
platform, provides the building blocks for computational chemistry
developers to build chemical simulation applications and workflows,
using emerging algorithms in quantum chemistry, machine learning,
and quantum computing. Through simple, easy-to-use APIs, QEMIST
Cloud provides access to computational chemistry tools with
unprecedented scale enabled by the power of cloud. Headquartered in
Vancouver, Canada, Good Chemistry Company’s interdisciplinary team
comprises computational and quantum chemists, software developers,
ML engineers and quantum computing scientists. For more information
about Good Chemistry Company, visit goodchemistry.com.
Copyright © 2022 Accenture. All rights reserved. Accenture and
its logo are trademarks of Accenture.
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Denise Berard Accenture +1 617 488 3611
denise.berard@accenture.com
Accenture (NYSE:ACN)
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