D-Wave has announced its next-generation quantum computing platform built for business.

Quantum computing is the next big evolution of computing, providing performance and abilities current computers cannot even begin to match. Entire industries, including cryptography, physics, artificial intelligence and more will be upended by the technology.

D-Wave is one of the leading companies providing quantum computing services, and their new platform increases those abilities, offering 5,000 qubits. Qubits, or quantum bits, are the quantum computing equivalent of traditional computing bits. Unlike bits, that have a binary value of either 0 or 1, qubits can exist in a state of both, thanks to the principles of quantum mechanics. The more qubits a system offers, the more powerful it is.

“Today’s general availability of Advantage delivers the first quantum system built specifically for business, and marks the expansion into production scale commercial applications and new problem types with our hybrid solver services. In combination with our new jump-start program to get customers started, this launch continues what we’ve known at D-Wave for a long time: it’s not about hype, it’s about scaling, and delivering systems that provide real business value on real business applications,” said Alan Baratz, CEO, D-Wave. “We also continue to invest in the science of building quantum systems. Advantage was completely re-engineered from the ground up. We’ll take what we’ve learned about connectivity and scale and continue to push the limits of innovation for the next generations of our quantum computers. I’m incredibly proud of the team that has brought us here and the customers and partners who have collaborated with us to build hundreds of early applications and who now are putting applications into production.”

This is a big step forward for the quantum computing industry and should be a big success for D-Wave.