Quantum Computing Unlocks Billions in Value by 2030- Tech Wire Asia

As quantum computing research becomes more widespread, developing new use cases is essential for IBM. And while the costs of the technology may still be high, the reality is that quantum computing is poised to be a worthwhile investment for organizations.

In the second part of this interview with Dr. Anna Phan, Leader of the Asia Pacific Quantum Alliance at IBM Quantum, Tech Wire Asia Learn more about IBM’s plans for quantum computing in 2022, as well as the costs of developing and using the technology.

What can we expect from IBM in 2022 for quantum computing?

We publish our technology roadmap on 2020which puts us on track for more than a million qubit processors by the end of the decade.

In 2021, we launched our development roadmapshowing our integrated vision and timeline for full-stack quantum development, including hardware, software, and applications.

It paves the way for developer services by leveraging over 1,000 qubit systems, via the IBM Cloud, to investigate bug fixes. It also provides the technical foundation for how we scale and drive the adoption of quantum computing for our customers and ecosystem.

Developers exploring quantum computing today will be able to do more, faster, as IBM implements technologies designed in OpenShift to work alongside quantum computers. And more developers from different industries will have more reasons and opportunities to explore quantum computing within their workflows.

We recently broke the 100-qubit barrier with the Introduction of “Eagle”, a 127-qubit quantum processor — the first IBM device that cannot be reliably simulated on a classic device.

This is another step toward the goal of systems capable of exploring applications with a quantum advantage.

This advancement provides even more confidence to those in the industry beginning to adopt QC, as well as to University students who are choosing their fields of study.

While we announced Eagle, we also previewed the design of the IBM Quantum System Two, which is an example of a modular hardware architecture that provides a path to continue scaling quantum processors.

IBM Quantum System Two will support our upcoming 433-qubit IBM Quantum Osprey processor, planned for 2022, and our 1121-qubit IBM Quantum Condor processor, planned for 2023.

IBM Quantum System Two incorporates a new generation of scalable qubit control electronics along with higher density cryogenic components and wiring. It will bring us closer to a true quantum data center.

Not only are we working to scale our systems to more than 400 qubit processors by 2022, but our systems will run a wider variety of circuits, allowing users to tackle problems previously inaccessible to any quantum processor.

Will quantum computing technology become more affordable in the future?

Quantum is an area of ​​incredible promise scheduled to unlock hundreds of billions of dollars of value for our customers by the end of the decade.

In terms of the IBM roadmap, Boston Consulting Group and IBM anticipate more than $3 billion in value creation in the near term, with IBM’s 1121-qubit “Condor” processor set to be a game changer in 2023.

This milestone marks our ability to implement error correction and scale our devices, while also being complex enough to explore potential quantum advantages, problems that we can solve more efficiently on a quantum computer than on the the best supercomputers in the world.

Take financial services as an example: According to the BCG report, quantum capabilities could be in merchant workflows by 2025. As well, these capabilities could be available to power computational fluid dynamics for aerospace and automotive design. .

To achieve all this, it will be necessary IBM and an ecosystem to identify problems, design the right solutions, ensure a quantum-ready workforce and quantum-ready industries. What the quantum roadmap does is it gives business leaders, developers, and investors confidence that the “engine to drive all of this” is getting stronger. This is key to creating value in the future.

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