The era of quantum begins

Technology News

Research in quantum sciences – and computing in particular – is in full swing and, more importantly, it is putting laboratories aside to become part of the development plans of companies. A transfer of knowledge from the Academy to the productive plane that is still in its infancy, but around which it is convenient to stop for a second to glimpse just a few of the many lights that this technique can bring us.

We are talking about a new computing paradigm in which we will be able to perform calculations of such magnitude that currently require several days of work, since there are too many variables to take into account. But today the development of these systems is still something typical of dreams rather than reality, since the high costs of cooling (quantum equipment must operate at extraordinarily low temperatures) and the lack of algorithms specifically designed for these lides make this future something still distant.

But companies like Honeywell, Google, Microsoft or IBM do not want this to remain a sketch or an intent sheet, which is why they are trying to democratize these quantum capabilities through two different approaches: quantum computer simulators (which replicate its operation on traditional hardware) and access to these systems through the cloud. And the market seems to be welcoming these proposals with some shyness, but much joy: the quantum computing industry grows from just 93 million dollars in 2019 to slightly more than 283 million in 2024 , to an annual growth of 24.9 % according to MarketsandMarkets. It seems residual, but it is only the beginning of something brilliant.

Within our borders, there are already some promising pilot experiences. For example, BBVA has already promoted six initiatives by the CSIC, Accenture, Zapata or Multiverse for topics as technologically intense as the optimization of investment portfolios. The tests carried out by BBVA researchers suggest that the use of these tools could represent a great advance in terms of speed compared to traditional techniques based on 100 variables, a figure that is expected to be reduced shortly given the pace of that quantum ‘hardware’ evolves. Of course, those responsible for the entity admit that the transfer of science to the company is in the making: “The potential of these computers is far from being fully achieved andthe tangible benefits for the business sector will still take several years to arrive. “

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