Quantum computing is getting closer to a commercialization stage that might change the world. Initial adopters of quantum’s distinct effectiveness to solve some problems might achieve developments that allow new business models. Visionary companies are already preparing to adopt the emerging quantum computing ecosystem to ensure they are quantum ready. These forward-thinking organizations are exploring algorithms and use cases that address complicated business problems.
The U.S Department of Energy recently announced that 5 new National Quantum Information Science Research centers will be launched and this means a new quantum sector and completely functional quantum computers may be closer than what many had expected.
The establishment of these research centers is a big deal because it will make it easier for researchers from the quantum industry, U.S National Labs, and academics to work together in order to speed up quantum computing research. The good news is that more research will bring us closer to highly innovative quantum technologies and the ultimate objective of quantum information science, which is to build a fault-accommodating quantum computer that can compute without any errors.
In February 2020, researchers from the University of Chicago and the U.S Department of Energy Argonne National Lab said that they had successfully achieved quantum entanglement, where the behavior of a pair of particles becomes connected, to ensure their states become identical – over an 83.7 km quantum look network within Chicago suburbs. Back in 2019, a quantum computer built by Google did a calculation that would have taken the world’s most powerful PC over 10,000 years to compute in less than 4 minutes.
Why Quantum Computers Are Important?
Quantum computers are a necessity if we really want to speed up the processes of scientific discovery. This will make it easier for us to address many global challenges, from developing newer materials for highly efficient batteries and carbon capture plants to vaccines and better drugs. Essentially, material design has largely depended on a long iterative experimentation process or happy accidents. Over the past 5 decades, classical computers have significantly speed up this process by performing technical molecular simulations. Nonetheless, these classical computers cannot simulate complex molecules with sufficient accuracy and this is where quantum computing comes in.
Quantum Computing Is Closer Than We Think
Quantum computers represent a classical shift in computation. We are now entering an interesting phase in the creation of quantum computers. Today, quantum systems have scaled up both in reliability and size and have gotten closer to showing many advantages over classical computers. But since this technology is still in an early stage, it might be that its real impact isn’t even properly understood yet, which means this subject matter is more interesting to follow.
All potential applications and benefits of quantum computing in the world we are living in today have multiple use cases.
Below is a good summary of these benefits and applications.
- Quantum computers deliver great speed for certain problems. Researchers are working around the clock to build algorithms to determine and solve the problems appropriate for quantum speed-ups.
- The great speed of quantum computers will significantly improve most of the current technologies, which require immense computation power such as bullet trains, 5G, and Machine Learning.
- Quantum computing is pretty important, especially when it comes to Big Data because we need more efficient computers to process enormous amounts of data everyday.
- Even though they are computational, quantum computers could minimize power usage from 100 – 1000 times they utilize quantum tunneling.
The science subjects that would be directly impacted by quantum computing include biology, mathematics, chemistry, and physics. Applications for this industry will affect industry verticals like space exploration, energy, cryptography & cybersecurity, security, communications, commerce, finance, healthcare, and many other disciplines. Technically speaking, quantum computing will affect any industry where big data is involved.
These developments are just a small part of the process because there are many other substantial developments in quantum computing. Lots of prototyping, development, and research should be done. Many scientists still consider quantum computing to be still hypothetical, but we can confidently say that it seems we are getting closer to transformational quantum computing that will usher us into the new era of computing.
Academia, governments, and other technology leaders in this sector are currently investing with improved passion in research and development and are also contributing to the pursuit of developing functional quantum computing. It’s an undisputed fact that we are in the blink of a new era, but we still say we are in a nascent phase, but we might arrive sooner than we had anticipated.
Godwin, C., & Clayton, J. (2021, March 9). Microsoft-led team retracts quantum ‘breakthrough’. BBC News. https://www.bbc.com/news/technology-56328980
Reuters. (2021, July 20). UK companies lead expansion in quantum computing. https://www.reuters.com/technology/uk-companies-lead-expansion-quantum-computing-2021-07-20/
Quantum computing is coming, bit by Qubit (Published 2019). (2019, October 23). The New York Times – Breaking News, US News, World News and Videos. https://www.nytimes.com/2019/10/21/science/quantum-computer-physics-qubits.html