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Business Insider
28-05-2025
- Business
- Business Insider
CEOs who aren't yet preparing for the quantum revolution are 'already too late,' IBM exec says
Quantum computing will change the tech landscape as much as artificial intelligence has. Execs from IBM, Microsoft, IonQ, PsiQuantum, and D-Wave told BI that corporate leaders should be preparing now. Quantum computing will change the tech landscape as much as artificial intelligence has. Execs from IBM, Microsoft, IonQ, PsiQuantum, and D-Wave told BI that corporate leaders should be preparing now. D-Wave This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. You'd be hard pressed to find a company out there that's not using some form of AI at this point. In just a few years, tech leaders say the same will be true of quantum computing. "It's equivalent to the exact thing that you're seeing with classical computing and AI, but it's going to happen at a much larger scale," Jay Gambetta, the vice president in charge of IBM's quantum initiative, told Business Insider. Researchers are optimistic about coming breakthroughs in quantum computing, a field that leverages quantum physics and mechanics to solve complex problems faster than is possible using classical computers. Related video When the final engineering problems are solved and the technology scales up, quantum tech promises to revolutionize medicine, data privacy, and more . Industry insiders say it's just a matter of time before quantum computing changes the tech landscape as much as artificial intelligence has, so corporate leaders had better start getting ready. "If you're not paying attention and you're not dedicating people to quantum computing, I think it's probably already too late," Gambetta said. 'Future-proof' computing is hybrid AI and quantum computing are not interchangeable tools — each has its own very different strengths. Artificial intelligence is especially good at searching through existing data to make predictions about future outcomes, and is helpful in areas like image recognition, e-commerce recommendation engines, and fraud detection. Related stories Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know A utility-scale quantum computer doesn't predict using data from the past, Stratton Sclavos, PsiQuantum's Chief Business Officer, told Business Insider. Instead, it calculates the exact answer from first principles, from scratch, "to solve problems that no conventional computer or AI will ever be able to solve." "If you're currently using or ramping up your use of AI, keep going," Sclavos said. But, he said, corporate leaders should be "preparing now for how quantum computing will transform how your business operates." Aseem Datar, Microsoft's vice president of product innovation, strategic missions, and technologies, told Business Insider that, given the rapid pace of innovation, "it's critical that organizations start exploring, identifying, and building an application road map that sets them up for success in a quantum future." For instance, Microsoft recently released Discovery, an agentic AI platform for scientific research and development built on top of its Azure cloud computing program. Datar said the technology was designed to be as "future-proof" as possible so that when quantum technology advances, it will be readily incorporated into the existing technology, and users "will get the benefits of quantum underneath the platform." While Microsoft Discovery is geared toward the scientific community, Datar said future-looking tech solutions across industries will share similar characteristics. Hybrid computing integration, which combines the strengths of classical computing power with those of quantum systems, is particularly important, he said, so corporate leaders don't have to rip and replace their systems once quantum technology reaches its potential. Murray Thom, D-Wave's vice president of quantum technology evangelism, agreed, telling Business Insider: "Hybrid quantum-classical solutions are what's going to give them the resiliency that they're looking for in their businesses." Thom added that organizations need to be aware of and ready for the speed of change that the tech landscape will undergo as quantum technology scales up, "so that they can take advantage of the technology and not be at a competitive disadvantage if they miss what the newest capabilities are." "When you're evaluating a new technology, you have to keep in mind that there's the information you have about what's possible today, and then there's what I call a cone of uncertainty that projects into the future," Thom said. "You're looking to gain information that allows you to narrow that cone of uncertainty so that you can make better business decisions about what to do today to take advantage of that in the future — and particularly in a way that gives you robustness to those future outcomes." 'The toothpaste is not going back in the tube.' It's not just private industry that's getting ready for the quantum revolution. Tim Kelly, the mayor of Chattanooga, Tennessee, told Business Insider he's investing heavily in his city's ability to lean into a quantum future, with hopes it can become a hot spot for development of the technology. "We intend to try to make the most of it from an economic development perspective," Kelly said. "I think we're right at the leading edge of this, and the toothpaste is not going back in the tube, and so even though it's very early innings yet, this will change the world in a very fundamental way." Other cities, including Chicago, Boston, and Boulder, Colorado, are also investing in quantum research and industrial hubs to ensure they can capitalize on the economic growth the burgeoning industry is expected to usher in. As the quantum snowball keeps rolling downhill for both the public and private sectors, Niccolo de Masi, CEO of IonQ, told Business Insider that early adopters will gain a massive advantage if they start now to identify the best use cases for their industries, developing and optimizing hybrid algorithms ahead of time so they're ready when the first utility-scale quantum computers turn on. Those that don't start now, he said, risk becoming obsolete. "This might sound extreme, but as the joke always goes, CEOs have made plenty of decisions over the past 10,000 years that they've gotten fired for — for making the wrong decision," de Masi said. "I think CEOs are going to get fired if they're not up on the quantum revolution in a lot of industries, because they're just going to be so far behind."
Hans India
02-05-2025
- Business
- Hans India
IBM, Tata Consultancy Services and Government of Andhra Pradesh Unveil Plans to Deploy India's Largest Quantum Computer in the Country's First Quantum Valley Tech Park
IBM (NYSE: IBM) and Tata Consultancy Services (BSE: 532540, NSE: TCS) are partnering to further develop India's quantum computing industry as part of the State of Andhra Pradesh's Quantum Valley Tech Park, currently being built in the capital city of Amaravati. The tech park will be anchored by an IBM Quantum System Two installation, with a 156-qubit Heron quantum processor, the largest quantum computer in India. Tata Consultancy Services (TCS) is partnering with IBM to support the development of algorithms and applications that will help the Indian industry and academia solve some of the nation's most challenging problems. The Government of Andhra Pradesh, IBM and TCS hope to accelerate the development of India's quantum ecosystem through this initiative. 'Our National Quantum Mission is to make India a global hub in the quantum industry; a true center of innovation and job creation with access to the technology capable of solving some of our country's and the world's most pressing and complex challenges,' said N. Chandrababu Naidu, Chief Minister of Andhra Pradesh. 'With IBM, TCS, L&T, and other members, the Quantum Valley Technology Park represents how India's industry and academia will soon be able to take an important step forward in accelerating the achievement of the mission's goals.' 'We are excited about our plans with the state of Andhra Pradesh to deploy our latest IBM Quantum System Two at the Quantum Valley Tech Park. Our collaboration with TCS will help attract the country's thriving ecosystem of developers, scientists, and industry experts to develop algorithms and applications. Combining this with India's National Quantum Mission we could see an acceleration of the next critical milestone – a successful demonstration of quantum advantage,' said Jay Gambetta, Vice President, IBM Quantum. Members of the Quantum Valley Tech Park can work with TCS for the opportunity to access IBM's cloud-based quantum computers, and once completed, the Quantum Valley Tech Park will include access to an IBM Quantum System Two with IBM's latest 156-qubit Heron processor. 'Hybrid architectures are the key to overcoming intractable computing challenges, with quantum computing serving as a catalyst. TCS's Hybrid Computing strategy is creating what we believe is a breakthrough software layer that intelligently decomposes programs across current systems — CPUs, GPUs and emerging computing architectures — such as quantum. We're excited to be partnering with IBM, and the Government of Andhra Pradesh at the Quantum Valley Tech Park and support India's National Quantum Mission to accelerate the development of quantum algorithms and applications that solve complex intractable problems and drive both economic growth and technological innovation,' said Dr. Harrick Vin, Chief Technology Officer, Tata Consultancy Services. The capabilities of IBM's quantum computers, Qiskit software, and other resources look to enable India's growing ecosystem of innovators across academia and industry to discover how quantum computers could be applied toward solutions to complex challenges — such as those goals being pursued by the Government of Andhra Pradesh, via the Quantum Valley Tech Park, in contribution to the country's National Quantum Mission. By establishing a vibrant quantum ecosystem encompassing research, access to quantum computers, and industry applications, the Government of Andhra Pradesh intends to create high-end jobs, attract top-tier talent, and draw global investments. As part of this collaboration, TCS will play a pivotal role in driving India's applied research and innovation by developing quantum use cases across sectors such as life sciences, materials science, supply chain resilience, energy optimization, cryptography, and sustainable manufacturing. The goal is to unlock applications capable of a quantum advantage in solving practical industry problems that are currently beyond the reach of classical computing. TCS's role within the Quantum Valley Tech Park will give researchers from TCS, domain experts across Indian industry, and academic institutions alike the opportunity to leverage IBM's quantum computers and resources.
Time of India
02-05-2025
- Business
- Time of India
TCS, IBM partner to deploy India's largest quantum computer in Andhra Pradesh
NEW DELHI: IT services giants Tata Consultancy Services ( TCS ) and IBM have partnered to jointly deploy the IBM Quantum System Two computer, with a 156-qubit Heron quantum processor, in Andhra Pradesh. This will be the largest quantum computer in India, the companies said in a joint statement Friday. The Mumbai-headquartered IT firm will support IBM with the development of algorithms and applications that will help the Indian industry and academia to solve 'some of the nation's most complex challenges', as per the statement. Compared to traditional computers that rely on bits with just two states (0 or 1), quantum computers use 'qubits', which have infinite states. Theoretically, each added qubit can double the computing capacity, enabling quantum computers to analyse and solve complex problems in minutes, which would take millions of years via classical computing. Notably, the government of Andhra Pradesh is setting up a new Quantum Valley Tech Park in the capital city of Amaravati to further develop India's quantum industry. 'With quantum computing poised to transform every major sector in the next 25 years, the state aims to be a first mover in harnessing this emerging frontier. With IBM, TCS, L&T and other members, the Quantum Valley Technology Park represents how India's industry and academia will soon be able to take an important step forward in accelerating the achievement of our mission's goals,' said N Chandrababu Naidu, chief minister of Andhra Pradesh. READ MORE | Quantum leap: Computing's next frontier takes form 'We are excited about our plans with the state of Andhra Pradesh to deploy our latest IBM Quantum System Two at the Quantum Valley Tech Park. Our collaboration with TCS will help attract the country's thriving ecosystem of developers, scientists, and industry experts to develop algorithms and applications,' said Jay Gambetta, vice president, IBM Quantum. 'We are excited to be partnering with IBM, and the Government of Andhra Pradesh at the Quantum Valley Tech Park and support India's National Quantum Mission to accelerate the development of quantum algorithms and applications that solve complex intractable problems and drive both economic growth and technological innovation,' said Harrick Vin, chief technology officer (CTO), Tata Consultancy Services The Central government, in April 202, approved the ambitious National Quantum Mission (NQM) with a budgetary outlay of ₹6,000.65 crore. The initiative will span from FY24 and FY31, and will enable the country to harness the strengths of quantum technology to drive innovation, strengthen security, boost various industries, and position itself as a global leader in the cutting-edge technology. The NQM aims to harness quantum technologies in India to bolster sectors like communication, cryptography, and computing.
