The Awakening of a Giant – Quantum

Physicists have been talking about the power of Quantum for over 25 years. Our ability to manipulate individual quantum particles is allowing us to develop new disruptive technologies in computing, communications, and sensing.

The second Quantum revolution, where you’re using the quantum mechanics to do everything for you, is going to be the game changer. It will help solve real & complex business problems and create incredible economic value.

With great power comes great danger and opportunities. It is also going to change traditional computing in many unexpected and disruptive ways.

For example, the state of sensor accuracy can be improved 100+ times. Scientists are also predicting that within 10 years, classical cryptography will be beaten by quantum computers.

Cybersecurity will be redefined with the Quantum computing giant waking up. Time is slowly running out for those relying on cryptography to protect secrets. There is already some work underway on the prevention of crypto-apocalypse. Many governments are investing in Quantum mainly to protect their nations from possible threats.

Quantum computing exploits nature’s rules of electrons, atoms, photons being in “superposition”, which enables us to do huge amounts of parallel computations, on very large sets of data. To utilize this massive computational power, does not only require hardware with very large number of qubits, but also the appropriate software algorithms.

Just 2 years ago, Google created a 54 qubit super conducting, programmable processor. It performed a target computation in 200 seconds, and from measurements it was determined that it would take the world’s fastest supercomputer 10,000 years to produce a similar output. Isn’t that something?

Google created TensorFlow Quantum (TFQ) as an open source software platform to help researchers with rapidly prototyping, training and testing hybrid quantum-classical ML models.  In 2020, it was successfully applied to design and implement a variety of quantum ML algorithms, such as classification, convolutional neural networks, generative adversarial networks, and so on.

In the most powerful IBM Quantum machines available online now you have 65 qubits. In October 2020, IBM publicly shared detailed plans to reach 1000+qubits by the end of 2023. With 1000 qubits, it should be possible to store quantum data for nearly a year, and 100K physical qubits or 100 logical qubits working together to make the first, small, error-corrected quantum computer.

Over 20 of the world’s powerful quantum computers are now accessible on the IBM cloud. They can be programmed using Qiskit, a software development kit using Python.

Microsoft also provides access to Quantum computing resources through Azure cloud. To get your hands dirty, I suggest you try out a simple random number generator algorithm on a quantum computer here: https://docs.microsoft.com/en-us/azure/quantum/quickstart-microsoft-qc

Intel is busy working on a target to offer production-level quantum computing within ten years. They are developing “Spin qubits”. Compared to superconducting qubits, spin qubits far more closely resemble existing semiconductor components operating in silicon, potentially taking advantage of existing fabrication techniques.

US is leading with specialized quantum computers, soon to outperform classical computers in very specific tasks. Enormous computing power for optimization (traffic, production, energy grids, supply chain) and quantum machine learning (market forecasting, credit risk etc) is becoming available.

Chinese scientists have already established a quantum communication network across a distance of 4600 Kms including satellites in space.

Many industries such as financial services, oil & gas, healthcare & life sciences and distribution & logistics can already take advantage of the innovations made.

As for examples, Quantum enhanced AI has been used to forecast market behaviour, Perform portfolio optimisations in investment banking, and in Logistics to, Enhance dynamic route optimisation, maximise simultaneous packing, and to support adaptive reallocation of assets.

Quantum does provide an option for the first movers to acquire super powers before their competition.

So, what can you do today with hybrid classical quantum computing?
How can your business or operations stay up to date with these developments? Could you prepare and position your business to take advantage of this next wave of innovation before it is too late for you or your industry?
I would love to discuss these questions with you and how you could become quantum aware & quantum ready. Contact me by sending an email to quantum@jeylabs.com

Published by jeylabs

Are you ready to Transform your Enterprise? www.jeylabs.com

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