4.3.2 Strategic considerations for investment Strategic investments require careful planning and consideration of various factors. Companies must assess market potential, manage risks, stay informed about the regulatory environment, and engage with the collaborative ecosystem to maximize the impact of their investments. Factors to consider for maximizing the impact of quantum technology investments TABLE 6 Consideration Description Examples Market potential Evaluate the market potential of quantum technologies in relation to their business impacts within the respective industry.59Refer to section “Quantum leap: Navigating the new frontier of use cases”. Risk management Develop strategies to manage risks, such as diversification of investments and collaborations with research institutes and computing centres.60Microsoft is developing a quantum computer using topological qubits as the qubit type.61 They are also in partnership with Quantinuum to optimize a trapped ion quantum computer.62 Regulatory environmentStay informed about regulatory developments to mitigate legal and operational risks. The United Kingdom’s Department for Science, Innovation and Technology released a report, “Regulating Quantum Technology Applications,” which lays out a strategic blueprint for fostering a pro- innovation regulatory environment. The report offers a comprehensive framework through 14 targeted recommendations, organized into three pivotal themes: regulatory frameworks and governance, standards and international collaboration, and innovation funding and market development.63 Collaborative ecosystemEngage with the broader quantum ecosystem through partnerships and collaborations.The European Quantum Industry Consortium (QuIC), Europe’s premier association for the quantum industry, operates as a collaborative hub throughout Europe, bringing together hundreds of SMEs, large corporations, investors, research and technology organizations and academic institutes, to build a strong, vibrant quantum ecosystem.64 Embracing the Quantum Economy: A Pathway for Business Leaders 43

Embracing the Quantum Economy 2024