Accenture invests in Good Chemistry Company

Accenture has made a strategic investment, through Accenture Ventures, in Good Chemistry Company, a company that uses quantum chemistry, machine learning and quantum computing to accelerate new materials design.
 
The Good Chemistry Company platform, QEMIST Cloud, combines cloud, AI, and quantum computing in an integrated platform designed for developers. The platform’s engine enables faster, more accurate, and scalable ways to perform computational chemistry simulations, the statement said.
 
“We’re doubling down on the growth potential of quantum computing and uncovering new ways to navigate its potential while empowering our clients to confidently absorb and access this breakthrough technology,” said Tom Lounibos, managing director, Accenture Ventures. “Simulating chemistry in this new way leverages easily and readily accessible computers on the cloud to perform simulations that were previously intractable even on expensive, high-performance computing environments. This brings a competitive advantage to clients and can change pharmaceutical drug discovery and more.”

Arman Zaribafiyan, CEO of Good Chemistry Company said, “With our platform, we are re-imagining the way computational chemistry simulations are done. Simulating chemistry on computers will help drive faster, more accurate and more accessible materials innovation in the decades to come. With Accenture’s support and collaboration, we will be able to explore the vastness of chemical space and enable rational materials design at scale.”
 
Carl Dukatz, Accenture’s global quantum computing lead said, “By building on and extending our relationship with 1QBit to the newly formed Good Chemistry Company, we are demonstrating our ongoing commitment to accelerating quantum computing innovation. We are witnessing the emergence of a new class of scalable cloud-based technology that is stretching the boundaries of what computers can solve. We recognize the potential of arming our clients with the next generation of chemistry, material science, and structural design.”

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