LONDON, July 20 (Reuters) – More than 80% of huge companies in Britain are scaling up their quantum computing capabilities, making the nation a frontrunner in deploying the nascent know-how to resolve complicated issues, in response to analysis by Accenture (ACN.N).
In the previous couple of years the know-how has began to maneuver from the analysis realm to industrial purposes as companies search to harness the potential exponential enhance in computing energy it provides.
Alphabet Inc’s Google said in late-2019 it had used a quantum laptop to resolve in minutes a fancy downside that may take supercomputers hundreds of years to crack. Rivals together with IBM Corp and Microsoft Corp are additionally creating the know-how in their cloud companies.
Rather than storing info in bits – or zeros and ones – quantum computing makes use of a property of sub-atomic particles in which they’ll exist concurrently in totally different states, so a quantum bit will be one and 0 on the similar time.
They can then change into ‘entangled’ – that means they’ll affect one another’s behaviour in an observable approach – resulting in exponential will increase in computing energy.
Britain has lengthy been a frontrunner in basic analysis in science and know-how, however – with some notable exceptions – has struggled to harness the industrial alternatives that adopted.
Maynard Williams, a managing director for Accenture Technology in the UK & Ireland, stated COVID-19 had pressured companies to undertake new know-how quicker and had elevated their willingness to innovate.
Accenture’s analysis confirmed British companies had been making a head begin in experimenting with quantum computing.
Britain was outpacing the worldwide common of 62% of huge corporations scaling quantum know-how, in response to the analysis, and was main the United States, the place the determine was 74%.
The majority of the companies increasing quantum computing in Britain – some 85% – stated they’d enhance funding in the know-how in the subsequent three years.
Accenture didn’t quantify the scaling up or the funding plans.
“It’s an exciting moment of focus around what these new technologies can do,” Williams stated, pointing to areas equivalent to monetary markets and provide chains as fertile floor for quantum computing.
“While the technology is still being tested to create new products and services, we expect quantum computing to bring huge advances in computing power and solve business problems that are too complex for classical computing systems.”
Reporting by Paul Sandle
Editing by Mark Potter
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