![](https://vistapglobal.com/wp-content/uploads/2021/02/pexels-luca-nardone-3651820.jpg)
As per reports, bp has joined the IBM Quantum Network (IBM) to enhance the use of quantum computing in the energy industry. As an industry partner, bp will have access to IBM’s quantum expertise, software, and cloud-based access to the largest universal quantum system available with a premium 65-qubit quantum computer via the cloud.
bp joins the list of more than 130 members of the IBM Quantum Network, a global community of Fortune 500 companies with start-ups, academic institutions, and research labs all working to advance and implement quantum computing and exploring its practical applications.
bp will work with IBM and explore using quantum computing to improve on business and engineering challenges and will explore the potential applications for building efficiencies and reducing carbon emissions.
Quantum computing has the capability to be applied in a variety of areas such as modeling chemistry, optimizing autonomous robotic facilities, building-up of various types of clay in hydrocarbon wells, and creating opportunities to deliver clean energy, an urgent global need.
Joining the IBM Quantum Network will enhance bp’s ability to leverage quantum advances and applications as they emerge and then influence how those breakthroughs can be applied to its industry and the energy transition.
“bp joins a rapidly growing number of clients working with IBM to explore quantum computing to help accelerate the discovery of solutions to some of today’s biggest challenges,” stated Dario Gil, Senior Vice President and Director of IBM Research. “The energy industry is ripe with opportunities to see value from the use of quantum computing through the discovery of new materials designed to improve the generation, transfer, and storage of energy.”
About bp
bp’s purpose is to reimagine energy for people and our planet. It has the ambition to be a net-zero company by 2050, or sooner.
Dow 30 component International Business Machines Corporation (IBM) provides information technology (IT) products and services worldwide. To learn more about International Business Machines Corp (IBM) and to track its ongoing progress please visit the Vista Partners IBM Coverage Page.
Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.
Stay Informed! Stay Competitive! Please join us at Vista Partners and receive our FREE email updates throughout the week and view our exclusive content and research.