Ireland is already home to multinational tech companies and startups that are focused on deep technology.With increased investment and research on the horizon, Ireland is poised to become a deep tech powerhouse.
A subject of particular focus within deep tech is quantum computing; quantum computers are extremely powerful machines that have potentially superior processing power over conventional computers. IBM, which has a long history in the area, is contributing to Ireland becoming quantum ready as a founding member of a new consortium known as QCoIr, or Quantum Computing in Ireland.
The three-year partnership launched in October, with academic as well as business partners on board. Mastercard joined the consortium in the hope of creating fintech applications that helps its customers make decisions with greater speed and accuracy, and minimal risk. "[IBM has] worked in quantum computing for a long time" he says."What we are trying to achieve here is how do we make the different technologies accessible." To that end, IBM has made some of its work open source via its quantum computing Qiskit software.with Dublin's Mater Hospital that uses cutting-edge technologies to analyze cancerous tissue and reduce complications.