Quantum advantage is closer than you think
People are using actual working Quantum Computers every day. Each of Amazon and Microsoft offer cloud access to several QC hardware systems, while players like Google, IBM, IonQ, Rigetti, Honeywell and others offer direct access to their systems via direct web-based interfaces.
I’ve curated this list to provide a broad set of definitions that should help frame the Quantum Computing (QC) potential, and for ease of reference as you come across terms where a definitional reminder would be helpful.
I’ve covered some key aspects of Quantum Computing in prior posts and thought it would be helpful to synthesize and consolidate some of the fundamental properties of Quantum Computing to provide a bigger picture of the promise and potential of the industry
Computing (CQC) reached an agreement to be acquired by Honeywell for $300m, representing a $545m post-money valuation. Honeywell merged CQC with its Honeywell Quantum Solutions (HQS) division and in November of 2021, spun out the combined businesses into a new stand-alone company called “Quantinuum”.
compute in seconds what would take the largest and most advanced supercomputers thousands of years, thereby achieving a milestone referred to as “quantum supremacy” for the first time.
Quantum Computers will spur many players in its ecosystem, in fact there are already 100’s of players engaged in this space., Some of these participants may carve out significant market positions and value.
A high-level overview of various types of qubits. The good news is that many entities have created, manipulated and measured qubits and often there has been success in controlling them into superpositions and in entangling a limited but growing number of qubits at a time. For now, this is the NISQ landscape.
amount of funding being dedicated to Quantum Computing on a global basis is staggering. Governments, private companies, venture firms and academic institutions are all committing huge sums of money and resources to this field. While investment flows are no guarantee of future value, there is a broad common theme to push the development of Quantum Computers, and the equivalent of the modern “space race” is garnering growing attention in the media. Given the awesome power, potential and disruption that Quantum Computers can deliver, these trends should not be surprising.
In this post I will cover some of the near-term use cases for Quantum Computing, but first I want to cover how “Quantum” or, specifically, the quantum mechanics underlying the power of Quantum Computing, is already used in our daily lives, some near term applications where quantum effects are providing powerful new capabilities, and finally, where the power of Quantum Computing will likely have the most impact.