The global technology industry experienced a 76% drop in company filings mentions of quantum computing in Q3 2023 compared with the previous quarter, with the highest share accounted for by International Business Machines with 80% year-on-year increase, according to GlobalData’s analysis of over 45 technology company filings. GlobalData’s Technology: Filings Trends & Signals Q3 2023 report delves into earnings call transcripts and quarterly reports within the technology industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
Notably, quantum computing was one of the most frequently referenced themes in Q3 2023, ranking highest in terms of mentions, ahead of advanced materials and digital payments, according to GlobalData.
Of the top leading companies in the technology industry, International Business Machines had the greatest increase in references for quantum computing in Q3 2023, compared with the previous quarter. GlobalData identified nine quantum computing-related sentences in the company's filings - 0.7% of all sentences - and an increase of 80% in Q3 2023 compared with Q3 2022. Hewlett Packard Enterprise’s mentions of quantum computing dropped by 50% to 2 and NVIDIA’s by 50% to 2 and Advantest’s by 50% to 1.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for quantum computing in Q3 2023 was 63.
For further understanding of GlobalData's Technology: Filings Trends & Signals Q3 2023, buy the report here.