Published: Thu, January 10, 2019
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ExxonMobil, IBM to work on quantum computing in energy sector

ExxonMobil, IBM to work on quantum computing in energy sector

Potential real-world applications of quantum computing can be used to revolutionize the fields of medicine, artificial intelligence, financial markets and online security.

There's no news on how much the system will cost, but companies and research organisations will be able to pay to use it via IBM's cloud, with Exxon Mobile and CERN among those already signed up. For example, future applications for quantum computing may include untangling the complexity of molecular and chemical interactions leading to the discovery of new medicines, or finding and developing new materials for automotive application through quantum chemistry.

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.

We reached out to IBM with a host of questions regarding the Q System - like whether IBM intends to make more than one of these systems, and what the pricing structure will be for commercial use - and Dr.

For starters, Quantum Computing is a very advanced form of computing which goes a step ahead as compared to the traditional computers which only worked with binary forms of data.

Fermilab will use quantum computers for machine learning to classify objects in large cosmology survey applications, as well as optimization techniques to better understand the results of hadron collisions, and quantum simulation to research the potential of studying neutrino-nucleon cross-sections.

IBM isn't aiming to bring the Q System One to the masses.

"These organizations will work directly with IBM scientists, engineers and consultants to explore quantum computing for specific industries". The company intends to open a commercial center for quantum computing clients this year in Poughkeepsie, New York. The company is, however, set to give access to the quantum computing system to businesses partnering under the IBM Q Network.

Among the patents awarded to IBM, 1,600 were AI-related and one of them was for Project Debater, an AI system from IBM Research that can debate humans on complex topics. Bob Sutor, the VP of IBM Q Strategy and Ecosystem. Theoretically much faster and more powerful, quantum computers have always been considered as the successor to modern computers and supercomputers.

It also has classical computation to provide secure cloud access and hybrid execution of quantum algorithms, according to IBM.

The IBM Q System One is officially known as the "world's first integrated universal approximate quantum computing system designed for scientific and commercial use".

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