IBM announces giant leap towards commercial quantum computing
IBM has announced it has built and tested its two most powerful quantum processors yet, representing a major step towards its mission to commercialise the technology.
Translating the theory of quantum computing into practical, commercially applicable reality has been a goal of researchers for decades, and IBM’s unveiling of new 16 and 17-qubit processors marks a key milestone on that journey.
Its smaller processor will be made available to researchers and programmers at no cost via the IBM Cloud platform. The larger processor will be a prototype commercial device, forming the core of the company’s first IMB Q early-access commercial systems.
The company hopes to achieve 50-qubit processing over the next few years, and in so doing open up vast computational power to science and business.
Quantum computers exploit the peculiar properties of quantum mechanics to hugely increase the amount of information a machine can handle. While conventional computers store information as bits – 1s and 0s – quantum computers use quantum bits, or qubits, which store information as 1s, 0s, or both at the same time. This, along with the other quantum phenomena of entanglement and tunnelling, enables quantum computers to manipulate colossal combinations of states at once.
Potential applications include untangling the unimaginable complexity of molecular and chemical interactions – a feat impossible even with all the world’s current computing power combined – in order to discover new materials and medicines.
It could also be turned towards business, supercharging AI capabilities or solving complex optimisation problems in logistics and supply chains, financial modelling or risk analysis.
"The significant engineering improvements announced today will allow IBM to scale future processors to include 50 or more qubits, and demonstrate computational capabilities beyond today’s classical computing systems,” said Arvind Krishna, senior vice president and director of IBM Research and Hybrid Cloud.
“These powerful upgrades to our quantum systems, delivered via the IBM Cloud, allow us to imagine new applications and new frontiers for discovery that are virtually unattainable using classical computers alone.”
VIDEO: IBM's Jerry Chow explains the potential of quantum computing
New speakers announced for Procurement & Supply Chain Live
Two leading executives in supply chain transformation have been confirmed for this year's Procurement & Supply Chain Live event.
Procurement & Supply Chain Live is the perfect opportunity to hear from prominent executives at the world’s leading procurement and supply chain businesses. The event will be streamed live from Tobacco Dock, London via the leading networking platform Brella.
The three-day show, running 28-30 September 2021, is an essential deep dive into the industry, with influential speakers sharing insights and strategies from their organisations, group roundtable discussions, and fireside chats.
We take a look at the latest additions to the already amazing lineup of speakers announced so far, and what they will bring to the flagship event.
VP Global Supply Chain at Macmillan Education Ltd
Shaun Plunkett has over 30 years of supply chain leadership experience in FMCG, entertainment and media sectors, supporting multi-billion euro businesses including Universal Music, EMI, Sony Music, Harper Collins and Associated British Foods. He has a track record of successfully delivering transformational change coupled with award winning operating models and developing and coaching global teams. Plunkett says that challenging the status quo is at the heart of what drives him on a daily basis - and encouraging others to continuously push the boundaries.
Read more about Plunkett’s involvement in Macmillan Education’s supply chain transformation HERE
Digital Transformation Lead, Oracle UK and Board Member, CILT at Macmillan Education Ltd
Vikram Singla is digital transformation director at Oracle, UK. He helps supply chain and finance business leaders leverage technology to deliver meaningful business outcomes for their organisations. He also serves on the board if CILT (Chartered Institute of Logistics and Transport) – UK and is an Honorary Visiting Fellow at Anglian Ruskin University. Singla has more than 25 years’ experience in the technology sector, and in global supply chain transformation, including deploying business transformation programmes for Fortune 500 firms. In his spare time, Singla is a passionate brand ambassador for Cancer Research.
Plunkett and Singla join a growing line-up of speakers, including: Sheri R. Hinish, IBM; Robert Copeland, G4S; Daniel Weise, BCG; Mark Bromley, Mastercard; David Loseby, Rolls Royce; and Ninian Wilson, Vodafone Procurement Company.