Recent developments in quantum computing market:
- At Cebit 2015 the Russian company Quantum Communications Ltd (a subsidiary of ITMO University, St. Petersburg) had presented a quantum network router for secure data transfer for optical fiber system. The device’s security is based on laws of quantum physics (and not on math algorithms) which provides protection against brutal computational force break-in.
- Researchers of Cambridge Quantum Computing (CQCL) claim development of the first quantum computing operating system researchers in Cambridge, using a proprietary custom HPC system to simulate a quantum processor. The UK government pledged a £270 Mln funding for development of quantum technology through the UK National Quantum Technology Programme.
- IBM scientists published a research paper in Nature Communications on a new error correction prototype design handling both types of errors that quantum computers make. IBM’s new design is also scalable.
- Electrical engineers at the University of New South Wales have found how to manipulate a single phosphorus atom entombed in a silicon crystal by magnetic field. This solution is an important step toward a silicon quantum computer.
The later three developments are major milestones that may significantly accelerate coming of quantum computing into practical realm, probably much sooner than anticipated. Market Research Media forecasts $26 Bln quantum computing market over 2015-2020.