Scott Crowder is the CTO of IBM's Quantum Computing business.

In March, IBM announced the construction of a 50-qubit quantum computer as part of its IBM Q program, an industry-first initiative to build commercially available universal quantum computing systems. IBM Q enables customers to access quantum systems and services via the cloud. The technology sits alongside classical computing solutions, like Watson, IBM's artificial intelligence engine.

IBM's progress in quantum computing mirrors advances by other institutions, all of which will no doubt contribute to quantum computing having a meaningful impact on businesses and consumers in the coming years.

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Thank you very much for joining us today. Please welcome, Scott Crowder.