IBM Sees Revenue From Quantum Computing in as Soon as Two Years

Ruben Fields
January 10, 2019

"This new system is critical in expanding quantum computing beyond the walls of the research lab as we work to develop practical quantum applications for business and science", said Arvind Krishna, senior vice president of Hybrid Cloud and director of IBM Research. "We'll see quantum computing's first impact in the areas of chemistry and science". That package, the IBM Q system, is still huge, of course, but it includes everything a company would need to get started with its quantum computing experiments, including all the machinery necessary to cool the quantum computing hardware. It's a cryogenically cooled, nine-foot-tall and nine-foot-wide cube that tackles some of the practical challenges involved in operating a quantum computer.

A year after IBM showed off a 50-qubit quantum computer prototype at CES, the company has returned to the annual electronics show in Las Vegas, Nevada, with a grand announcement. The goal of the centre is to make IBM Q System One capacity available on a limited commercial basis.

Commercial viability is not an indicator that the company has a pure quantum computer, however.

But along with bringing new levels of computing power, IBM's new release also represents a striking transformation in the look of quantum computing. Bob Sutor, the VP of IBM Q Strategy and Ecosystem.

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For many years, quantum computers have only been within the confines of the research lab. "Much of the success in our own ingenuity is facilitated by the innovation of others outside our industry, from three-dimensional printing to quantum computing".

CERN, the European Laboratory for Particle Physics, will work with IBM to explore how quantum computing may be used to advance scientific understanding of the universe. IBM clearly thinks of the Q system as a piece of art and, indeed, the final result is quite stunning. IBM, along with other big tech firms such as Google, Microsoft and Intel, is working toward a universal, scalable quantum computer, which will be capable of solving a lot of problems without needing specialization - moving technologists past the limits of current classical and supercomputers.

For so long, the quantum computer was merely a fantasy but the race to build the world's first quantum computer gave scientists the motivation build the most powerful and advanced computer that puts even the best ones to shame.

Classical computation to provide secure cloud access and hybrid execution of quantum algorithms. Called as "IBM Q System One", the computer has been created to employ quantum computing principles (albeit in their initial phases) and could be used by businesses and individuals for their own uses.

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