Quantum computers will not be general-purpose machines, though. They will be able to solve some calculations that are completely intractable for current computers and dramatically speed up processing for others. But many of the things they excel at are niche problems, and they will not replace conventional computers for the vast majority of tasks.
That means the ability to benefit from this revolution will be highly uneven, which prompted analysts at McKinsey to investigate who the early winners could be in a new report. They identified the pharmaceutical, chemical, automotive, and financial industries as those with the most promising near-term use cases.
The authors take care to point out that making predictions about quantum computing is hard because many fundamental questions remain unanswered; for instance, the relative importance of the quantity and quality of qubits or whether there can be practical uses for early devices before they achieve fault tolerance.
Improving people’s lives globally from the world’s largest financial endowment — dr. mads krogsgaard thomsen, CEO, novo nordisk fonden, novo nordisk.
Dr. Mads Krogsgaard Thomsen, DVM, DSc., Ph.D., is the CEO of the Novo Nordisk Foundation (https://novonordiskfonden.dk/), an international foundation with a dual objective: to provide a stable basis for the commercial and research activities conducted by the companies within the Novo Group (of which Novo Nordisk A/S is the largest holdings) and to support scientific, humanitarian and social purposes. In 2020, the Novo Nordisk Foundation had a net worth of US$73.1 billion, making it the largest financial endowment in the world. Novo Nordisk Foundation owns Novo Holdings A/S, a holding company and majority shareholder of Novo Nordisk, as well as Novozymes, a global biotechnology company focused on the research, development and production of industrial enzymes, microorganisms, and biopharmaceutical ingredients. The foundation is also a major shareholder in more than 75 other companies.
Originally, trained as a veterinarian / DVM at The Royal Veterinary and Agricultural University (now part of the University of Copenhagen), where he also holds a DSc. in this domain, Dr. Thomsen started his career as a PhD pharmacology student at the University of Copenhagen, after which he worked three years as a researcher at LEO Pharma. Thirty years ago, he joined Novo Nordisk, initially as Head of Growth Hormone Research and subsequently as Senior Vice President of Diabetes R&D. In 1995, he was appointed Senior Vice President of Discovery and in 2000, he became Executive Vice President of Research & Development/Chief Scientific Officer. Over the years, he has headed the development of 20 medical drugs, especially within diabetes treatment and the groundbreaking development of GLP-1 technologies.
Dr. Thomsen has served as President of the Danish Academy of Technical Sciences and Chairman of the Board of the University of Copenhagen, where he is also an adjunct professor of Pharmacology.
Chief information security officers’ (CISOs) greatest challenge going into 2022 is countering the speed and severity of cyberattacks. The latest real-time monitoring and detection technologies improve the odds of thwarting an attack but aren’t foolproof. CISOs tell VentureBeat that bad actors avoid detection with first-line monitoring systems by modifying attacks on the fly. That’s cause for concern, especially with CISOs in financial services and health care.
Enterprises are in react mode
Enterprises fail to get the most value from threat monitoring, detection, and response cybersecurity strategies because they’re too focused on data collection and security monitoring alone. CISOs tell VentureBeat they’re capturing more telemetry (i.e., remote) data than ever, yet are short-staffed when it comes to deciphering it, which means they’re often in react mode.
NFTs, or non-fungible tokens, offer many potential benefits to creators. They apply the mechanisms of scarcity to digital assets by allowing artists to render them as one-of-a-kind collectibles, like a painting or a baseball card. This means artists — especially digital artists — who have struggled to make their streamable, screenshot-able or reprintable work hold value — can price their items at rates appropriate for something in short supply.
However, the digital trading mechanism is still in nascent stages, and rife with scams, hacks and copyright issues. Beeple was hit by an organized hack, for example. While artists can sometimes find financial solvency with NFTs, other times, they lose millions.
Three pilot tests for digital transactions without the internet were successfully completed by India’s central bank (RBI). Based on the experience of 240,000 transactions, the RBI has created a framework which will be available on the platforms of banks, credit cards, and payment apps.
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Robots patrolling around shopping malls, casinos and places of work actively looking for criminal activity might no longer be something straight out of a science fiction novel or movie. Knightscope, Inc., a Silicon Valley Based startup, is building and deploying fully autonomous security robots that deter, detect and report crime.
Yahoo Finance’s Dani Romero reports on the increasing use of robots and automation by restaurants and retailers amid the pandemic and labor shortages. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes. WATCH HERE:
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Hackers breached the computer networks of a southeast Florida health care system in October and may have accessed sensitive personal and financial information on over 1.3 million people, the health care system announced this week.
Social Security numbers, patient medical history and bank account information are among the data that have been exposed in the breach of Broward Health, a network of over 30 health care facilities serving patients across roughly 2 million-person Broward County, Florida, according to a notice the health care provider filed with the Office of the Maine Attorney General.
About 470 of the data breach victims live in Maine. Like other states, Maine law requires organizations that hold state residents’ personal data to file a disclosure when they’ve been hacked.
Today, technical decision-makers at companies, whether big or small, try to look for flexible ways to speed up application development and ensure long-term scalability for their engineering teams. Configuring solutions such as AWS requires a team of in-house experts, which is expensive and takes time to build. In fact, more than 77% of all tech companies run into DevOps challenges across the board, including cost, risks, security, optimization of the deployment pipeline, and scaling.
San Francisco-based Zeet, a platform that solves DevOps challenges and accelerates application deployment for startups, has raised $2 million in a seed round of funding led by venture capital firm Race Capital. The company plans to use the funding, which also saw participation from GGV Capital, Founders Inc, and multiple engineering leaders, to build out its teams across areas ranging from engineering to marketing and meet growing demand from customers.
Founded in 2020 by Johnny Dallas and Zihao Zhang, Zeet strives to tackle these bottlenecks through automation. The solution connects to a cloud account and automates traditionally manual DevOps tasks, allowing a team to quickly go from code to a scalable application.
The University of Copenhagen in Denmark is a very unique place. Apart from being one of the oldest universities in Scandinavia, it is also one of the top universities in the world. So far, 39 Nobel laureates have been affiliated with the University and it sports a spectacular center for healthy aging which hosts the Biology of Aging lab. In September 2021 the University of Copenhagen hosted the 8th annual Aging Research and Drug Discovery (ARDD) meeting.
This year’s ARDD meeting, held at the Ceremonial Hall of the University, was the largest conference on aging and biopharma in the world for the second consecutive year.
The conference, which took place from August 31 to September 3, brought together leaders in the field of longevity research with the focus on aging research, drug discovery and biomarker development. Those who regularly read my articles know that I believe that aging research is the emerging trend in the biopharmaceutical industry. The field is well and truly emerging and ARDD is one of the first conferences to credibly bring together pharmaceutical companies, startups, clinicians, venture capital firms, and representatives from academia to the same table.
The first ARDD meeting was held in 2014 at Basil, Switzerland. Back then, the meeting was known as the Aging Forum and was part of the MipTec and Basel Life congresses. From its inception, the conference was intended to bring together the pharmaceutical industry, leading academics, investors, and startups while maintaining a very high level of scientific credibility, while focusing on the translational potential.
