Matt Johnson | Co-founder and CEO, QC Ware

Matt Johnson | Co-founder and CEO, QC Ware

  • Matt Johnson hails from the background of armed forces as a captain in the Air Force.
  • He holds a diverse portfolio in finance and investing.

Podcast

Overview

Quantum technology is quickly picking up speed by finding its practical applications for the betterment of varied industries. However, because of its complexities, people tend to steer away from discussing it. But if broken down into simpler pieces of information, the potential power of quantum can lure the masses into understanding it better. In today’s episode, we break down how quantum is finding its uses in the commercial world around us.

[00:45] – About Matt Johnson

  • Matt Johnson hails from the background of armed forces as a captain in the Air Force.
  • He holds a diverse portfolio in finance and investing.
  • Matt is also a proficient swimmer.
  • He is the co-founder and CEO of QC Ware, a quantum computing software company.

[09:30]: What training did you do to get into the Air Force?

  • I went to the Air Force Academy and the service academies in the US are moulded after in a way the academies that concept of the whole person development.
  • If you look at the curriculum, two-thirds of it is technical, like natural sciences, engineering, etc. And then 1/3 is, you could either take electives like software sciences. 
  • I elected to go the software sciences route or the social sciences because I was fascinated by how the world works, more broadly than just sort of technically.

[19:14] – How do you abstract that underlying quantum hardware so that people can say, that I want to work with you to see our problems and solve them?

  • Our business starts with a customer problem. 
  • So, when we work with companies, and it’s at this point, this is still fundamentally a research game. 
  • And so the problem that’s typically posed will be like from a bank that will say, that we have a set of compute bottlenecks. And these bottlenecks cost us money, and if we can resolve one or more of them with quantum processing, the value proposition will make more profit and more revenue.
  •  It starts with an exploration of which of these problems can be solved more quickly, and it’s really a speed thing, fundamentally, with a quantum computer. 
  • If you look at financial services, for instance, some of our investors, are Goldman Sachs, Citigroup, De Shaw, etc.  
  • What they’re exploring are things along the line of pricing, hedging, and calibrating models. Those problems are very compute-intensive. 
  • We develop an understanding of the mathematical structure of that problem, and we take that problem, to restate it in a quantum representation, a representation where those variables and that data can be mapped onto a quantum algorithm.
  • Once that problem is mapped onto an algorithm, you can then embed that problem onto quantum hardware and execute the problem that’s simplified. But that’s kind of the workflow.

RESOURCES:

You can connect with Matt Johnson – LinkedIn 

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Profile

  • Matt Johnson hails from the background of armed forces as a captain in the Air Force.
  • He holds a diverse portfolio in finance and investing.
  • Matt is also a proficient swimmer.
  • He is the co-founder and CEO of QC Ware, a quantum computing software company.

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