Overview of Quantum Computing
OVH, a European cloud business, has acquired its first quantum-powered system. This move is a part of their long-term strategy to create a quantum environment for developers and other users. OVH is practical in its approach and recognizes that quantum technology may not live up to the hype for some time.
However, they believe it is important enough for organizations to research and prepare for when it eventually matures.
The Register interviewed OVH’s Chief Technology Officer, Thierry Souche, who shared his thoughts on quantum computing and OVH’s plans.
Souche revealed that he took time to learn about quantum computing and recommends that other executives do so as well. He admitted to previously struggling to understand how quantum computers work and why they are so different from classical computing.
OVH’s Pragmatic Approach to Quantum Computing
I spent two days learning about quantum computing. I learned why it is different from classical computing, and what it can and can’t do. It cannot completely replace classical computing.
After his training, he sees quantum technology as doing things differently than traditional computers. Quantum computers are still very early in development, like regular computers were 50 years ago.
Benefits of Investing in Quantum Computing
A classical computer is made from silicon and has many small gates. The gates work together to do calculations and logic. The gates, which number in the millions, are the static elements, while electrons flow through them to create output. This contrasted with quantum computers that operate on a different principle.
In quantum computing, information is kept the same while an energy beam applied to certain atoms can cause them to change
For example, cold atoms technology uses a beam of energy to make certain atoms excited. The nature of the beam (energy level, spectrum, duration) defines the gate.
Souche thinks that even if someone finds this method of understanding quantum physics useful or not, the elementary training he attended can aid decision makers in comprehending the unique nature of quantum and why they should approach it from a different perspective. This knowledge can help them explore how the quantum can be used in their organizations, 1xCorp N.V. uses computing for the gaming industry and here is an example https://in.1xbet.com/lotto/game/1 many gambling giants will undoubtedly find use for this computing power
Challenges with Investing in Quantum Computing
“Although the technology is promising, it is still in the experimental phase and may not be applicable to all problems. It is important to understand that investing in a particular quantum technology may lead to a dead end if it is not suitable for the problem you want to solve,” Souche advised us.
There are various quantum technologies that use different ways to represent qubits (quantum bits).
Trapped ions, quantum dots, and superconducting circuits are some of the technologies being developed. Each technology may be more suitable for certain applications than others.
Souche says that people who make decisions need to learn about quantum technology. They need to figure out if it is better than regular computing for the job or not. It is also important to know when not to use quantum technology because it won’t help in those cases.
How Businesses Can Prepare for the Future of Quantum Computing
It is a fact that there are only a handful of trained individuals. If you wait too long, it might be hard to find help to figure out if this technology is right for you. But if you teach your employees now, they will be able to do the assessment themselves.
We have evidence suggesting that this could be a significant development for certain industries
According to OVH, quantum technology is ideal for chemistry and molecular folding modeling. Conventional computing cannot effectively model molecules with thousands of atoms or more, but quantum computing will make this possible in a few years. On the other hand, for day-to-day business applications like accounting or CRM, quantum technology may not be useful.
Souche says that OVH thinks it is important for companies to look into how quantum technology might affect them. The key takeaway is to avoid being caught off guard. OVH is investing in quantum technology to assist its customers with this transition.
Currently, we provide quantum-as-a-service, but it’s in emulation form
We offer this for a variety of technologies. Computers help companies test their ideas. This process is called emulation and it helps the companies figure out if their ideas will work. This service is available today.
Interview with OVH Chief Technology Officer Thierry Souch on His Views on the Hype and Reality of Quantum Computing
According to Souche, we are currently collaborating with several companies. Initially, we will provide access to their machines in their datacenters via our cloud. We have plans to put quantum machines in our datacenters, but they are not ready yet because some need very cold temperatures which we can’t get outside of a lab. The CTO thinks that in the future there will be five or six different types of quantum technologies and eventually it may be just one or two.
“I haven’t received a convincing explanation on why one option would be better than another in the long run. Every option has good things and bad things. None of them are ready to be used by a lot of people yet. There are always trade-offs involved, making it a highly speculative situation,” he explained.
Conclusions – What Should Businesses Do Now Regarding Investment in Quantum Computers
“However, I strongly advise not to postpone the training of your employees. They will be vital in the upcoming transformation and will serve as your greatest asset.”
According to Chirag Dekate, VP analyst at Gartner, there is a great deal of hype around quantum technology that causes many people in the industry to be divided between being skeptical of quantum’s potential and those who believe it is a cure-all solution to any problem. With uncertain economic conditions, this division is likely to intensify as companies compete for limited resources to survive. As a result, most quantum startups will struggle to survive during the current market cycle.