INSUBCONTINENT EXCLUSIVE:
Honeywell has announced that it will release the world's most powerful quantum computer with a quantum volume of at least 64 within the
next three months.The company also revealed that it has made strategic investments in two quantum computing software providers and that it
will be partnering with JPMorgan Chase to develop quantum computing algorithms for the financial services sector.The corporate venture arm
companies have experience working with cross-vertical algorithms and software, with Cambridge Quantum Computing focusing on chemistry,
machine learning and augmented cybersecurity while Zapata Computing invents algorithms and builds quantum software to challenge today's
top supercomputers.While quantum computers are usually measured by the amount of quantum bits or qubits they have, quantum volume is a
measure of quantum capability that goes beyond the number of qubits
Instead quantum volume measures computational ability to indicate the relative complexity of a problem that can be solved by a quantum
computer.Honeywell's quantum computer will have a quantum volume of at least 64 which is more than twice that offered by IBM's Q System
fleet.In a recently released scientific paper, the company demonstrated its quantum charge coupled device (QCCD) architecture that
represents a major technical breakthrough in accelerating quantum capability
Honeywell also announced that it is on track to increase the quantum volume of its quantum computer by an order of magnitude each year for
the next five years.In a press release announcing the release of its upcoming quantum computer, CEO and chairman of Honeywell Darius
computing will enable us to tackle complex scientific and business challenges, driving step-change improvements in computational power,
operating costs and speed
Materials companies will explore new molecular structures
Transportation companies will optimize logistics
Financial institutions will need faster and more precise software applications
Pharmaceutical companies will accelerate the discovery of new drugs
Honeywell is striving to influence how quantum computing evolves and to create opportunities for our customers to benefit from this powerful
available in three months, customers will connect directly to systems housed by the company and it even has partnered with Microsoft to make
