d-wave overview vern brownell, ceo. © 2013 d-wave systems inc. all rights reserved 2 about d-wave...

D-Wave OverviewVern Brownell, CEO

© 2013 D-Wave Systems Inc. All Rights Reserved 2

About D-Wave

Founded in 1999

Raised over $130M in venture funding and

government grants since inception

Premier First Customers

High margin, high growth system sales, service and

cloud services business

100 US patents granted; over 60 scientific papers published


Mission

We help solve the most challenging computing

problems in the universe.

Mission planning

Cancer research

Systems Optimization

Anomaly detection

Search for exoplanets


Why Build a Quantum Computer?

• Solve high-value commercial and scientific problems that can’t be solved today

• Solve complex problems orders of magnitude faster

• We have demonstrated 10,000 – 100,000x speedups


Addressable Market

TAM

2014HPC

Market$12.6B

2014Supercomputing

$6.2B

Source: IDC

$10B

Defense/Gov’t Labs

Bioscience

Big DataUniversities

Energy/GeoScie

nce

Finance

2014Big DataMarket$16.1B

2014Servers as % of

Big Data$4.6B


Target Industries

Defense Intelligence National Labs

Universities

Web

Finance Energy


D-Wave TwoTM Quantum Computer

Feature Description

Architecture One 512-qubit quantum processor

Power 15.5kW (no increase up to 10,000+ qubits)

Capability Finds optimal or near-optimal solution in a search space of 10154 possibilities

Applications Discrete combinatorial optimization, artificial intelligence, machine learning

Quantum co-processor

Designed to be used as a “quantum co-processor”, complementing an HPC system or data analytics engine

Scaling 500,000x faster than D-Wave One, developed in 2 years


What is a Quantum Computer?

• Exploits quantum mechanical effects• Built around “qubits” rather than

“bits” • Operates in an extreme

environment• Enables quantum algorithms

to solve very hard problemsQuantum Processor


Power and Cooling

• Closed cycle dilution refrigerator (“fridge”)

• Fridge + servers consume 15.5kW

• Power demand will remain constant as we scale up to thousands of qubits


• Cooled to 0.02 Kelvin, 150x colder than interstellar space

• Shielded to 50,000× less than Earth’s magnetic field

• On low vibration floor

• 168 i/o and control lines from room temperature to the chip

Processor Environment


Mathematical Programming Optimization BenchmarksMedian Time to Find Best Solution

(Log

sca

le)

Timing Benchmark – Smaller is Better

D-Wave Two

Commercial solvers


Mathematical Programming Optimization BenchmarksTime to solve 25% of the most complex problems

(Log

sca

le)

Timing Benchmark – Smaller is Better

D-Wave Two

Commercial solvers


The Most Advanced Quantum Computer in the World

10,000

1,000

100

10

1

Numberof

Qubits

D-Wave One 128 qubit

D-Wave Two512 qubit

28 qubit

16 qubit

4 qubit

2002 2006 2010 2014


Ranked fourth in patent power for computer systems by IEEE

D-Wave patents cover broad range of domains• superconducting

qubits • quantum processor • magnetic shielding • cooling • software • algorithms


A Brief History

Intellectual Property Aggregation

Conceptand

Design

Scienceand Engineering

Commercializeand Scale

’99 ‘00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12 ‘13 ’14 ‘15


Go-to-Market Model

• Joint collaboration with strategic customers (e.g. Lockheed Martin, NASA, Google)

• Focus on key verticals:– Defense/Intelligence –

direct and through integrators– Web 2.0 – image / pattern recognition,

machine learning– National laboratories – Universities– Financial Services – risk modeling, trading

strategies– Energy

• Provide broader access via Quantum Cloud


SystemD-Wave One (128-qubits) installed at USC/ISI Q1 2012

D-Wave Two (512-qubits) Q2 2013

Objective “To solve hugely enormous, complex problems in a reasonable amount of time.”

ApplicationsSoftware validation and verification of complex software for radar, space and aircraft systems

Lockheed Martin

Customers

“ This is a revolution not unlike the early days of computing, …It is a transformation in the way computers are thought about.”

Ray Johnson, Lockheed Chief Technology Officer

“ It’s a game changer for Lockheed Martin, a game changer for our customers, and ultimately a game changer for humanity.”

Greg Tallant, Lockheed Martin program manager


SystemD-Wave Two (512-qubits) installing at Quantum Artificial Intelligence Lab, Operational Q3 2013

Objective “To study how quantum computing might advance machine learning.”

Applications“Help researchers construct more efficient and more accurate models for everything from speech recognition, to web search, to protein folding.”

Google

Customers

“We believe quantum computing may help solve some of the most challenging computer science problems, particularly in machine learning…We actually think quantum machine learning may provide the most creative problem-solving process under the known laws of physics.”

Hartmut Neven, Director of Engineering, Google


SystemD-Wave Two (512-qubits) installing at Quantum Artificial Intelligence Lab at NASA Ames Research Center, Operational Q3 2013

Objective

“to develop dramatically improved algorithms for optimization tasks in air traffic control, autonomy, robotics, navigation and communication, system diagnostics, pattern recognition, and mission planning and scheduling.”

Initial Applications

Search for exoplanets among the more than 100,000 stars in the Kepler spacecraft’s field of view, and complex mission planning and scheduling

NASA Ames

Customers

“Using the D-Wave Two to perform Kepler’s data-intensive search for transiting planets among the more than 100,000 stars in the spacecraft’s field of view has the potential to provide a unique, complementary approach to the task of discovering new Earth-like exoplanets.”

Quantum Computer Fact Sheet at NASA Ames


Business Model

• System sales, services, solution-based subscription contracts • Multi-year subscription contracts (3 to 5 years) • Creates deferred revenue on balance sheet• Annual upfront billing• Professional Services and maintenance revenues streams

Focus on long term growth opportunity

Primarily a direct sales effort


D-Wave Executive Team

Vern Brownell, CEO

CEO Egenera, CTO Goldman

Sachs

Steve Cakebread, CFO

CFO Pandora,Salesforce.com

Bo Ewald, CRO CEO, Cray, SGI

Warren Wall, COOCOO, Electronic Arts

Canada

Dr. Geordie Rose, CTO

Founder, D-Wave


Supported by World Class Investors

International Investmentand Underwriting


Summary

• Quantum computing will help solve the world’s most challenging computing problems

• D-Wave is the world leader in producing a scalable quantum computer

• D-Wave has sold and installed its first two D-Wave Two systems

• Typical system services engagement is $8-10M over 3 years, not including professional services

• D-Wave will develop “Quantum Cloud” model, with unprecedented energy efficiency built upon existing capability

Thanks!

d-wave overview vern brownell, ceo. © 2013 d-wave systems inc. all rights reserved 2 about d-wave...

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