Analyst Panel Says Take the Quantum Computing Plunge Now – HPCwire
Should you start exploring quantum computing? Yes, said a panel of analysts convened at Tabor Communications HPC and AI on Wall Street conference earlier this year.
Without doubt, the quantum computing landscape remains murky. Yet in the past ~5 years virtually every aspect of quantum computing has raced forward. At least one 1000-plus-qubit system is edging towards user access now and another is expected by year-end. Theres been a proliferation of software offerings up and down the quantum stack though its hardly complete. Most promising, what were a few POC use-case explorations has mushroomed into very many efforts across many sectors.
What are we waiting for? Against the backdrop of astonishing progress are also very hard technical problems. Error correction/mitigation tops the list. Effective quantum networking is another. Polished applications. Too many qubit types to choose from (at least for now.) Scale matters its expected that millions of qubits may be needed for practical quantum computing These arent trivial challenges. Why bother?
The best reason to proceed, perhaps, is theres little choice. The roaring geopolitical rivalry around getting to practical quantum computing fast which includes robust spending from the U.S., the U.K., the EU, and China, as examples is concrete evidence.
Panelist Bob Sorensen, Hyperion Researchs chief quantum watcher, zeroed in on quantums rush to integrate into what is an otherwise stalling HPC (hardware) picture.
Its no secret in the HPC world that the trajectory of performance gains is flattening out, were reaching a bunch of ends, if you will, the ends of Moores law, the ability to pack more transistors on a chip, Dennard scaling, you can only put so much power into a chip, the idea of lithographic capabilities running out. Were at sub-nanometer line width lithography, [and] theres only one company in the world that makes advanced lithography components, ASML out of out of the Netherlands, that can only supply two really competent silicon foundries to produce the advanced chips that that the HPC world needs TSMC and Samsung, said Sorensen.
So, the trajectory of HPC performance is falling off, and the timing for quantum is perfect. Its the next turn of the crank and accelerating performance. What that means is if you want to continue on your journey of advanced computing, you have to look for the next big thing. Whats interesting about quantum is its potential is the most attractive and it is on a different trajectory than where classical HPC is going right now. Thats really the promise. So, if you want to get started, you have to do a few things.
We look at quantum as not a separate island unto itself of a new compute capability. Its really more about accelerating the most complex, advanced workloads that the HPC world is always tackling. So, we view this as another turn of the crank in terms of Accelerating Opportunities in advanced computing. How you get started is you look at your most complicated vexing computational problems.
It was a fascinating discussion and Tabor has archived the full video (link to video). The focus was not on exotic quantum technologies important but not easily accessible to most of us but on how and why to get started exploring them.
Panelists included Heather West, IDCs lead quantum analyst and a research manager in IDC Infrastructure Systems, Platforms and Technologies Group; Sorensen, Hyperions senior vice president of research and chief quantum analyst; Jay Boisseau, CEO of Vizias and a former prominent Dell Technologies executive and a founder of the Texas Advanced Computing Center. HPCwire editor John Russell moderated.
West presented a handful of slides, nicely mapping the emerging quantum information sciences market, and then the panel tackled why now is the right time and offered tips on how to do it. Central to taking their argument is that quantum is coming on fast, that getting access to tools and QPUs is fairly easy and inexpensive via web-platforms such AWS Braketand Strangeworks, and that failure to get involved now is likely to slow your progress later.
Presented here are just a few comments from the panelists. Lets start with a few slides depicting quantums development, presented by West. Her full slide deck presented in the video.
West noted the quantum forecasts are dynamic in that conditions can change quickly and that IDC incorporates changes as their impact becomes clearer. For example, IDC scaled back is total spending from ~$8.6B in 2027 to $7.6B based on shifts. Despite these shifts, quantum spending plans are growing significantly as a portion of the IT budget.
Over the course of the last 20 years, weve seen [quantum computing] move from an academic achievement to now small-scale systems [that can be used] for small scale experimentation. Hopefully, within the next few years, well be able to see systems that leverage error correction and mitigation techniques as well while little bit scaling to get to deliver some sort of near term advantage, said West.
IDC does a nice job slicing up quantum segments. Looking at the proliferation of quantum hardware developers, she said, We divide them into two different categories, hardware developers versus hardware vendors. The difference between the two is that the vendors have graduated to the point where theyre able to offer access to their systems and services for a premium fee so that organizations such as yours are able to use them, leverage them for some experimentation, use-case identification, etc. (see slide below)
Taking a lesson from the past, Sorensen and Boisseau recalled the historically high-cost of adopting the next-gen HPC systems.
Sorensen said, Whats so magical about quantum right now is, is the beauty of the low barrier to entry. In the old days if you wanted to get an HPC, and Jay knows this, you had to drop $25 million to bring a Cray in. You had to hire 25 guys and they lived downstairs in the basement. They never came out and they wrote code all the time and they spoke a language that you didnt understand, and you had to pay them an awful lot of money to do that. The barriers to entry to get into HPC was high.
The barrier to entry in quantum is you sit down, you go to AWS or Strangeworks. You pick your cloud access model of choice, you sign up for a couple of bucks, you grab a couple of new hires that just came out of with a degree in quantum chemistry or something, and you go and you play, and you figure out how thats going to work. So, the barriers to entry of quantum are amazing. Ive said it before, and Ill say it again, if it wasnt for cloud access, none of us would be sitting here vaguely interested in quantum; its what really is driving interest.
Boisseau had a similar take. You dont have to choose a partner. You dont have to make that decision. In fact, I think itd be a bad play to make that decision now. You can go to any of the CSP-based infrastructure providers (with quantum gateways) and say I want to run this job on a D-Wave system, I want to run this on IonQ, and I want to run on Rigetti Systems, and can do that rather seamlessly, he said.
The interesting thing, and Im an electrical engineer so I tend to look at things very pragmatically, is that right now, a lot of the software thats running out there is quote-unquote, hardware-agnostic, which means you can run it on any (quantum) hardware you want. So again, you dont have to make these choices yet, because its really too early to tell whos going to win, whos going to lose. Hardware-agnostic is really great in the early days, but eventually were going to turn the crank and people are going to start to say we need to optimize our code to run on certain things. But right now, the freedom to explore is what really matters most, said Boisseau.
There was, of course, more to the broad panel discussion, including advice on choosing the right problems, for example, and a measure caution including brief discussion of a paper published last spring (Disentangling Hype from Practicality: On Realistically Achieving Quantum Advantage) by Matthias Troyer, of Microsoft, and colleagues. And Microsoft is firmly in the quantum hunt! (See HPCwire coverage, Microsoft and ETH Take Aim at Quantum Computings Hype (and Promise)
West noted, Not everybodys as optimistic, and some people are still deterred about adopting quantum because of costs, because of the maturity or lack of maturity of the systems, and whether or not it actually will be relevant to the problems that theyre willing to solve. However, for those organizations, they really should start to take note because quantum era is quickly approaching faster than what some might want to say. We still need to put that in a little bit of context: quickly approaching and being able to deliver a near-term advantage, thats probably five to seven years out. So, quick is not going to be in the next six months. Its not going to be next year, but quicker than the decades and decades which were thought earlier.
Best to watch the full video, https://www.hpcaiwallstreet.com/conference/quantum-computing-analyst-panel-one-year-later/
Top image is a photo of the first deployment of an onsite private sector IBM-managed quantum computer in the United States installed at Cleveland Clinic.
Read more:
Analyst Panel Says Take the Quantum Computing Plunge Now - HPCwire
- D-Wave enters agreement to sell up to $400M shares from time to time - Yahoo Finance - June 14th, 2025 [June 14th, 2025]
- IBM is building a large-scale quantum computer that 'would require the memory of more than a quindecillion of the world's most powerful... - June 14th, 2025 [June 14th, 2025]
- Prediction: This Quantum Computing Stock Will Surge in 2025 - The Globe and Mail - June 14th, 2025 [June 14th, 2025]
- IBMs Fault-Tolerant Quantum Computer Breakthrough: Exec More Comfortable Than Ever About 2029 Delivery - TechRepublic - June 14th, 2025 [June 14th, 2025]
- Protection against quantum computing threats now within grasp for companies and institutions - Orange - June 14th, 2025 [June 14th, 2025]
- Planckian Partners With University of Naples to Accelerate Next-Gen Quantum Processor - The Quantum Insider - June 14th, 2025 [June 14th, 2025]
- Bitcoin devs scramble to protect $2.2tn blockchain from looming quantum computer threat - dlnews.com - June 14th, 2025 [June 14th, 2025]
- Quantum Art to Advance Scalable Quantum Computing Through Logical Qubit Compiler and NVIDIA CUDA-Q Integration - The Quantum Insider - June 14th, 2025 [June 14th, 2025]
- Why Shares of D-Wave Quantum Are Sinking This Week - The Motley Fool - June 14th, 2025 [June 14th, 2025]
- Mind-Blowing Quantum Leap: IBMs Groundbreaking Fault-Tolerant PC Set to Revolutionize Tech by 2029Prepare for Unprecedented Computational Power -... - June 14th, 2025 [June 14th, 2025]
- Why it's time to move beyond qubits for assessing quantum progress - Diginomica - June 14th, 2025 [June 14th, 2025]
- Quantum Computers Pose a Grave Risk to The Future. Here's Why. - ScienceAlert - June 10th, 2025 [June 10th, 2025]
- Want to Invest in Quantum Computing? 3 Stocks That Are Great Buys Right Now. - Yahoo Finance - June 10th, 2025 [June 10th, 2025]
- At 40 ISC 2025 Continues to Connect the Dots - HPCwire - June 10th, 2025 [June 10th, 2025]
- Vodafone teams up with Orca for quantum-powered network optimisation - Capacity Media - June 10th, 2025 [June 10th, 2025]
- IonQ goes quantum shopping: Buys Oxford Ionics for $1.075B - Silicon Canals - June 10th, 2025 [June 10th, 2025]
- Infleqtion Selected to Power the UKs Largest Quantum Computing Breakthrough - Business Wire - June 10th, 2025 [June 10th, 2025]
- BTQ Technologies Announces Strategic Partnership with QPerfect to Achieve Quantum Advantage Using Neutral Atom Quantum Processors - WV News - June 10th, 2025 [June 10th, 2025]
- Quantum computers are on the edge of revealing new particle physics - New Scientist - June 10th, 2025 [June 10th, 2025]
- Where Will IonQ Be in 5 Years? - The Motley Fool - June 10th, 2025 [June 10th, 2025]
- IonQ buys Oxford Ionics for $1.075B: 6 things to know about it - Tech Funding News - June 10th, 2025 [June 10th, 2025]
- IBM plans to build first-of-its-kind quantum computer by 2029 after 'solving key bottleneck' - Live Science - June 10th, 2025 [June 10th, 2025]
- IBM aims to build the worlds first large-scale, error-corrected quantum computer by 2028 - MIT Technology Review - June 10th, 2025 [June 10th, 2025]
- IBM announced that it will release a quantum computer that has solved the error problem by 2029. Qua.. - - June 10th, 2025 [June 10th, 2025]
- Vodafone aims to leverage quantum computer to streamline broadband installation routes - Telecompaper - June 10th, 2025 [June 10th, 2025]
- This tiny quantum computer could blow massive data centers out of the water with speed, power, and pure physics - TechRadar - June 1st, 2025 [June 1st, 2025]
- Where Will Rigetti Computing Be in 5 Years? - Yahoo Finance - June 1st, 2025 [June 1st, 2025]
- IonQ vs. Microsoft: Which Quantum Cloud Stock Is the Better Buy Today? - Zacks Investment Research - June 1st, 2025 [June 1st, 2025]
- Q1 2025 Quantum Technology Investment: Whats Driving the Surge in Quantum Investment? - The Quantum Insider - June 1st, 2025 [June 1st, 2025]
- Where Will Rigetti Computing Be in 5 Years? - The Motley Fool - June 1st, 2025 [June 1st, 2025]
- Our Online World Relies on Encryption. What Happens If It Fails? - Boston University - June 1st, 2025 [June 1st, 2025]
- Jim Cramer on D-Wave Quantum (QBTS): Of the Ones That Are Out There, This is the Best - Insider Monkey - June 1st, 2025 [June 1st, 2025]
- It Might Actually Be 20 Times Easier for Quantum Computers to Break Bitcoin, Google Says - Decrypt - June 1st, 2025 [June 1st, 2025]
- Want to Invest in Quantum Computing? 2 Stocks That Are Great Buys Right Now. - The Motley Fool - June 1st, 2025 [June 1st, 2025]
- IonQ vs. Microsoft: Which Quantum Cloud Stock Is the Better Buy Today? - Yahoo Finance - June 1st, 2025 [June 1st, 2025]
- CEOs who aren't yet preparing for the quantum revolution are 'already too late,' IBM exec says - Business Insider - June 1st, 2025 [June 1st, 2025]
- New quantum visualisation techniques could accelerate the arrival of fault-tolerant quantum computers - University of Oxford - June 1st, 2025 [June 1st, 2025]
- Marylands Quantum Capital Ambitions Rely on UMD Physicist Ronald Walsworth - Source of the Spring - June 1st, 2025 [June 1st, 2025]
- We asked an expert about quantum computer threat as Google and BlackRock ring the alarm - Crypto News - June 1st, 2025 [June 1st, 2025]
- Whats Happening With IONQ Stock? - Trefis - June 1st, 2025 [June 1st, 2025]
- New Startup Sygaldry Aims to Rethink AI Infrastructure With Quantum Hardware - The Quantum Insider - June 1st, 2025 [June 1st, 2025]
- Breaking encryption with a quantum computer just got 20 times easier - New Scientist - May 26th, 2025 [May 26th, 2025]
- D-Wave launches the Advantage2 quantum computer with more than 4,400 qubits - SiliconANGLE - May 26th, 2025 [May 26th, 2025]
- Nvidia in Talks to Invest in Quantum Startup PsiQuantum - The Information - May 19th, 2025 [May 19th, 2025]
- Quantum Computers Just Outsmarted Supercomputers Heres What They Solved - SciTechDaily - May 19th, 2025 [May 19th, 2025]
- Should You Buy IonQ Stock to Ride the Quantum Computing Revolution? The Answer May Surprise You - The Motley Fool - May 19th, 2025 [May 19th, 2025]
- D-Wave Quantum Stock Soaring On 509% Revenue Pop And Growth Prospects - Forbes - May 19th, 2025 [May 19th, 2025]
- Quantum Machines Launches Open-Source Framework that Cuts Quantum Computer Calibration From Hours to Minutes - The Quantum Insider - May 19th, 2025 [May 19th, 2025]
- Silicon qubits bring scalable quantum computing closer to reality - The Brighter Side of News - May 19th, 2025 [May 19th, 2025]
- Quantum Computers Are Here, but Are Cybersecurity Professionals Ready? - IoT World Today - May 19th, 2025 [May 19th, 2025]
- Quantum Computing Stock Tumbles After Last Week's 50% SurgeWatch These Key Levels - Investopedia - May 19th, 2025 [May 19th, 2025]
- Nvidia in talks to invest in PsiQuantum - Tom's Hardware - May 19th, 2025 [May 19th, 2025]
- Quantum computing: What is quantum error correction (QEC) and why is it so important? - Live Science - May 19th, 2025 [May 19th, 2025]
- Quantum Computing Roadmaps: A Look at The Maps And Predictions of Major Quantum Players - The Quantum Insider - May 19th, 2025 [May 19th, 2025]
- Quantum Computing Stock Surges as Firm Swings to Profit - Investopedia - May 19th, 2025 [May 19th, 2025]
- $850bn by 2040! Should I buy quantum computing stocks for my Stocks and Shares ISA? - Yahoo - May 19th, 2025 [May 19th, 2025]
- France, Germany, and the Netherlands Launch $33M Trilateral Quantum Initiative - The Quantum Insider - May 19th, 2025 [May 19th, 2025]
- Oxford Quantum Circuits Appoints Former GCHQ Director Sir Jeremy Fleming to Board - HPCwire - May 19th, 2025 [May 19th, 2025]
- Outside the Box: Socratic Machines and Quantum Ghosts - Fair Observer - May 19th, 2025 [May 19th, 2025]
- Preparing for the post-quantum era: a CIOs guide to securing the future of encryption - CyberScoop - May 19th, 2025 [May 19th, 2025]
- Quantum Computing First Quarter 2025 Earnings: EPS Beats Expectations, Revenues Lag - Yahoo Finance - May 19th, 2025 [May 19th, 2025]
- Nvidia in Talks to Invest in Quantum Computing Startup - The Information - May 19th, 2025 [May 19th, 2025]
- IonQ Stock Is Up 294% in the Past Year. Here's My Prediction For What Comes Next - The Motley Fool - May 19th, 2025 [May 19th, 2025]
- Does Billionaire Israel Englander Know Something Wall Street Doesn't? He Sold a Quantum Computing Stock Analysts Say to Buy. - The Motley Fool - May 19th, 2025 [May 19th, 2025]
- From R&D to ROI: The quantum computing revolution starts here - Techcircle - May 19th, 2025 [May 19th, 2025]
- How quantum computers could break RSA encryption and cure Alzheimer's - Interesting Engineering - May 19th, 2025 [May 19th, 2025]
- The race to perfect the quantum computer is on, and UC is helping America hold its lead - University of California - May 15th, 2025 [May 15th, 2025]
- Keysight Quantum Control System Embedded within Fujitsu and RIKENs World-Leading 256-Qubit Quantum Computer - Morningstar - May 15th, 2025 [May 15th, 2025]
- Keysight Technologies, Inc. Quantum Control System Embedded Within Fujitsu and Riken's 256-Qubit Quantum Computer - marketscreener.com - May 15th, 2025 [May 15th, 2025]
- The Worlds First Song Created by Artificial Intelligence Using a Quantum Computer Is HereIt Sounds Nothing Like What You Expect - The Daily Galaxy - May 11th, 2025 [May 11th, 2025]
- Regulation watch: how governments are dealing with the risks of quantum computing - Strategic Risk Global - May 11th, 2025 [May 11th, 2025]
- The age of the hype cycle: why science needs room to breathe - varsity.co.uk - May 11th, 2025 [May 11th, 2025]
- Quantums Double-Edged Sword: Balancing Risk and Readiness - InformationWeek - May 11th, 2025 [May 11th, 2025]
- The Computational Limit of Life May Be Much Higher Than We Thought - Yahoo - May 11th, 2025 [May 11th, 2025]
- BlackRock beefs up quantum compute threat warnings to Bitcoin investors - dlnews.com - May 11th, 2025 [May 11th, 2025]
- From false alarms to real threats: Protecting cryptography against quantum - cio.com - May 11th, 2025 [May 11th, 2025]
- Boosting quantum error correction using AI - Phys.org - May 11th, 2025 [May 11th, 2025]
- Laws governing finance and investment can help to protect society from dangers of quantum computing, study shows - Phys.org - May 11th, 2025 [May 11th, 2025]
- Quantum computing stocks jump after strong results from D-Wave Quantum (QBTS:NYSE) - Seeking Alpha - May 11th, 2025 [May 11th, 2025]
- Listen to the worlds first song made by a quantum computer and AI - The Next Web - May 10th, 2025 [May 10th, 2025]