Close this search box.

We are creating some awesome events for you. Kindly bear with us.

Quantum tech has ‘huge potential’ in Australia

The quantum technology sector holds the potential to create 16,000 jobs in Australia and generate over AU$4 billion in annual revenue in the next 20 years, according to CSIRO, the country’s national science agency.

Quantum technology, which is an emerging field of tech which relies on the principles of quantum physics, could potentially advance technological capabilities in several different sectors, including communications, drug and materials development and national security, CSIRO says.

In the same way that quantum physics deals with the behaviour of the world at the smallest scale, quantum technology aims to innovate tech to control quantum particles and influence their behaviour.

Precision sensors, secure communications, and supercomputers can be improved upon using this type of technology, and labs across Australia are studying it.

Quantum computing, in particular, seems to be the most promising opportunity to grow quantum tech in Australia, according to the Chief Scientist at CSIOR.

However, to be a success, researchers and industry leaders must come together to find solutions to development challenges.

The Chief Scientist noted that quantum computing has the potential to contribute more than $2.5 billion to the economy each year while spurring breakthroughs in drug development, more efficient industrial processes, and accelerated machine learning systems.

The commercialisation of quantum-enhanced sensors and communications technologies could also generate upwards of $1.7 billion in revenue.

To realise these opportunities, the country must have a national conversation about a coordinated, collaborative approach to growing a thriving domestic quantum economy.

Recently, the Pawsey Supercomputing Centre (funded by CSIRO) and quantum computing startup Quantum Brilliance announced a new ‘hub’ aimed at developing quantum expertise.

According to one report, Pawsey staff will establish expertise in quantum computing systems through the partnership, before installing and providing access to a quantum emulator at its supercomputing centres.

The Chief Technology Officer at Pawsey noted that the partnership will help ensure the research community has access to the best possible service.

The teams are looking forward to exploring how quantum computing can contribute to solving grand challenges alongside existing and future high-performance computing systems.

The new field of tech also has the potential to guide Australia into becoming a hub for sustainable tech, according to CSIRO Chief Executive, who says the technology presents an opportunity for the country to be a key differentiator in a highly competitive global environment.

He noted that as Australia recovers from the impacts of COVID-19, the country will need to create new industries to give Australia an advantage globally to produce unique high margin products that support higher wages. Science and technology are the keys to economic prosperity in a world driven by disruption.

A Main Sequence Ventures partner, whose company invests in quantum start-ups, says the field has the potential to shake up the global economy.

He stated that as global competition heats up, Australia already has several early-stage companies and start-ups built upon IP and expertise developed in Australian universities that have attracted over $125 million of investment and funding in recent years.

Main Sequence invests in deep-tech start-ups because they are truly transformative, and quantum is exactly the transformative technology the economy needs at a time like this.


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.