Funding or budgeting issues
Many organizations already count on Data and Analytics departments using all the information companies have available to derive insights and drive business revenue. But not long ago, all those initiatives were accessory projects that were part of innovation funnels or just simple attempts led by key organizational actors. It was mostly a vision that needed to be proved as a business asset.
Support from C-level executives is key, but most of the time, these innovation projects must overcome a significant lack of resources and resistance to change within an already settled organization. Most importantly, these initiatives must track expenditure and return on investment (ROI). This is one crucial aspect that many initiatives cannot overcome, which is of the utmost importance given the cost of some of the available quantum hardware. Figure 10.3 shows an example of Quantinuum and IonQ's hardware cost in Azure for dedicated workloads.