Quantum computing – opportunities and challenges for Switzerland as a center of innovation

Alongside the research-driven Swiss institutions, uptownBasel, an ecosystem and technology center for Industry 4.0, is developing in Arlesheim near Basel. Founded in 2015 by Monique and Dr. Thomas Staehelin with an investment volume of over 500 million Swiss francs, uptownBasel is establishing itself as a global center for sustainable, cutting-edge industry. QuantumBasel, part of uptownBasel, is a center of excellence for quantum computing and AI with the goal of democratizing these technologies and building a bridge between research and industry. In addition to various quantum cloud access points, QuantumBasel will start operating Switzerland’s first commercially viable physical quantum computer – an IonQ system – at the end of 2024. Switzerland’s strong international network, its neutrality and its modern research infrastructure make the country an attractive location and promote the spirit of innovation in quantum technology. Cross-border innovations, collaborations and partnerships are leading to advances in quantum computing, communication and sensors – technologies that are also relevant to the financial sector.

For Switzerland, a balance between protecting intellectual property and interest in collaborative innovation to promote research is crucial. Increasing competition in the field of quantum computing and geopolitical changes can lead to conflicts in the area of intellectual property. While Switzerland’s economic interests and its attractiveness as a business location must be safeguarded, ethical issues relating to data security, privacy protection and national security are also becoming increasingly important. It is essential that we recognize the potential threats that quantum computers pose to the encryption standards currently in use and that we implement the new, quantum-safe standards across all industries.

Despite the high quality of Switzerland’s universities, there is currently a shortage of qualified specialists in quantum computing. These specialists are the basis for advancing the growth and sustainability of the Swiss quantum ecosystem. The opportunity to be a leader in an emerging field such as quantum technology can attract top international talent to Switzerland. The international appeal of research institutions such as ETH Zurich, EPFL, the University of Geneva and the University of Basel as well as industrial and technology companies such as IBM, ID Quantique, IonQ and QuantumBasel contribute to this. An increased influx of highly qualified talent strengthens not only quantum research, but also Switzerland as a center for innovation and technology. Focused development of talent is particularly crucial for the financial sector in order to drive digital transformation and secure a long-term competitive advantage.

QuantumBasel has conducted more than a dozen projects in the field of quantum computing and AI, demonstrating the enormous potential for leading Swiss industries such as pharmaceuticals and finance. Innovations initiated by QuantumBasel suggest that quantum algorithms could in future help to detect cancer mutations more quickly and in a more scalable way for precision medicine. Similarly, quantum algorithms in NMR spectroscopy could achieve predictions with a precision that exceeds the possibilities of conventional simulations. Private institutions such as QuantumBasel are able to recognize the needs of the market and respond quickly. Universities and public institutions in turn enable longterm basic research.

In the USA, China and the EU, the state is investing a lot of money in promoting innovations such as quantum technology. To keep up with the global race, Switzerland needs more investment and strategic partnerships. Its neutrality and innovation-friendly approach provide optimal conditions for an open quantum ecosystem. The combination of cutting-edge research at universities, private initiatives such as QuantumBasel and a clear vision for the future makes Switzerland an attractive location for future technologies and Industry 4.0. The QC2 initiative mentioned previously is an example of a close alliance between “laboratory and industry” that trains talent and thus strengthens Switzerland as a center of innovation. Switzerland must seize this unique opportunity to play a leading role in both practical application and international cooperation.