Honeywell International has developed the world’s most powerful quantum computer, which the company believes will lead to the creation of an entire new industry.
Honeywell reached a quantum volume of 64 which means it tethered together six high functioning q-bits or quantum bits. Such computing power enables machines to crack much harder problems. “The capability grows exponentially,” Christopher Savoie, CEO of Zapata Computing. “It will be tough to find an area of human activity where this won’t help.”
Honeywell says climate change models can be improved, drug development faster and logistics planning improved, which are currently limited by the usefulness of traditional computers. Quantum computing is a burgeoning industry.
“The people who know how to program are called theorists,” Tony Uttley, president of Honeywell Quantum Solutions tells Barron’s. “They are a combo of physicists and mathematicians and there are hundreds in the world, not thousands.”
Honeywell is looking to develop industry and create QaaS, or Quantum computing as a service with partners including Zapata and Microsoft on behalf of customers like JPMorgan Chase.