Intelligent CIO APAC Issue 46 | Page 50

COUNTRY FOCUS : SOUTH KOREA
watsonx platform to empower generative AI and the next wave of computing technology .
By leveraging watsonx software for its workflows and solutions , KQC members will have access to generative AI technologies for the enterprise .
In addition to IBM , KQC is also collaborating with other Korean organizations on contributions to the country ’ s Quantum Computing ecosystem .
“ KQC has been actively building quantum research collaborations with leading domestic companies in the financial , bio-healthcare and pharmaceutical industries . a Korean financial software start up , is developing quantum algorithms in option pricing and portfolio optimization ,” said Dr . Joon Young Kim , CEO , KQC .
Meantime , German-Swiss based quantum leader Terra Quantum AG has partnered with leading Korean cloud solutions provider MegazoneCloud to Drive adoption of transformative technologies in key Asian markets .
The two have signed an MoU that opens the possibility for both companies to build joint technological solutions to drive quantum innovation for both the private sector , such as financial services and manufacturing , and the public sector , such as weather forecasting and Smart City projects .
“ Last year , Dankook University Hospital joined as a coresearch member in quantum healthcare .
“ Additionally , as members of the IBM Quantum Innovation Center , Hanlim Pharmaceutical has started joint research for new Drug discovery and DNEURO ,
The agreement looks to foster a conducive ecosystem by encouraging the corporate adoption of Quantum Computing in Asian markets , specifically targeting the enhancement of locally relevant industrial applications and upskilling talent to bridge the region ’ s gap in private investment in quantum technology .
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