ExxonMobil, IBM partner on quantum computing

  • ExxonMobil, IBM partner on quantum computing

ExxonMobil, IBM partner on quantum computing

"We'll see quantum computing's first impact in the areas of chemistry and science. They quickly lose their special quantum properties, typically within 100 microseconds (for state-of-the-art superconducting qubits), due in part to electromagnetic environment, vibrations, and temperature fluctuations", said IBM while explaining the benefits of an integrated quantum computing system. Is quantum computing no longer just a concept or theory?

IBM has always been a front-runner when it comes to quantum computing; back in 2017, the firm showed off a prototype commercial 17-qubit processor that formed the core of the first IBM Q early-access systems, which saw the company laying out its ambitions to build commercially-available universal quantum computing systems. On that note, IBM has announced the first step where it is planning to open first IBM Q Quantum Computation Center for commercial clients in Poughkeepsie, New York, later this year.

IBM has revealed how it wants to bring quantum computing out of the lab and to the masses at CES 2019.

Until now, quantum computers have existed only in disassembled form in research labs. Bob Sutor, the VP of IBM Q Strategy and Ecosystem, was kind enough to get back to us.

"These organizations will work directly with IBM scientists, engineers and consultants to explore quantum computing for specific industries".

"This integrated system aims to address one of the most challenging aspects of quantum computing: continuously maintaining the quality of qubits used to perform quantum computations". Also, the system is claimed to have a number of custom components that could open the avenue for modular quantum computers in the future. Bob Sutor, the VP of IBM Q Strategy and Ecosystem. This is a historical step in the field of quantum computing, considering the fact that quantum computers haven't left the confines of a research lab. So, it might not be that powerful and more optimizations would be on its way.

Actual use cases of quantum computing are yet to emerge, though IBM projects that there could be applications such as "finding new ways to model financial data and finding new ways to model financial data and isolating key global risk factors to make better investments, or finding the optimal path across global systems for ultra-efficient logistics and optimising fleet operations for deliveries".

The 2019 Consumer Electronics Show is now ongoing in Las Vegas, and USA tech giant IBM has just unveiled its latest creation with the first ever quantum computer designed for commercial use, the IBM Q System One.

IBM has banked on quantum as one of its core future technologies, first opening up client access through the cloud past year.