Wednesday, December 14, 2022

PsiQuantum adds ex-Cisco Roland Acra as Chief Business Officer

PsiQuantum named Roland Acra  as Chief Business Officer responsible for the company’s business strategy, including commercial, global market expansion, quantum applications and software development.

Acra previously held the role of Chief Technology Officer at Cisco until earlier in 2022. Prior to that, he was Senior Vice President and General Manager of Cisco’s Data Center Business Group. In this role, he led the development and marketing of several generations of Data Center switching products, blade and rack server products, and introduced several industry-first software platforms for Data Center predictive analytics, assurance, and insights.

In addition to his corporate leadership background, Roland’s experience also extends to building and scaling new companies from inception. He was President and CEO of Arch Rock Corporation, a category leader in IPv6 wireless mesh networks and energy data analysis which, following acquisition, played a significant role in the formation of Cisco’s Smart Grid Business Unit. Roland was also President and CEO of Procket Networks, a leading-edge provider of Internet backbone core and edge routers.

https://www.psiquantum.com

PsiQuantum claims 50X improvement in run-time efficiency

PsiQuantum, a start-up based in Palo Alto, California, has developed a technique it claims to be 50X more efficient in the run-time efficiency of compiled applications in fault-tolerant quantum computers.The company says its technique specifically targets algorithms for error-corrected quantum computers, as opposed to non-error-corrected NISQ systems. ‘Active volume compilation’ reduces the time taken to run a given application, through more efficient...