Quantum technology influences future area developments

December 2022

THERE ARE MANY PROBLEMS THAT QUANTUM COMPUTERS CAN SOLVE OR WILL BE ABLE TO SOLVE IN THE NEAR FUTURE.

Quantum computers will help build new kinds of platforms for drugs and revolutionise drug development at the same time. Quantum encryption will also completely revolutionise internet banking. Whether there will still be many traditional banks then is a question you can answer for yourself. Banks, however, are a fundamental part of the real estate industry. The revolution is coming fast, and there are very likely to be losers.

Quantum computing will completely revolutionise the entire IT and IoT by 20 years and data processing will become faster by a factor of 1,000. A computing task that takes 24 hours today will take less than 2 minutes in 20 years. For special tasks, quantum computers will be available that will be 100,000 times faster. In other words, they will be able to solve tasks that cannot be solved today. This is the revolution that will completely change the world of work. Those who master the technology will be able to play in the industry, those who neglect it will have problems. This means preparing tomorrow’s workforce for the quantum future. Since quantum computers have arrived in industry more than 5 years ago, medium and larger SMEs also have to deal with the topic, and that is demanding. Waiting is not an option.

It is crucial that future employees understand the programming differences between traditional and quantum systems. With traditional computing, thanks to well-defined firmware (operating and basic software) today, it is not necessary to know how the hardware of a computer works. The programmer needs to understand how to use it. In the emerging quantum computing industry, with its mix of implementation strategy and hardware types, the situation is reversed. In the absence of standardised hardware and associated quantum firmware, future programmers need to know how quantum computers work when they design their software applications. Using the necessary quantum circuits requires a special understanding of mathematics and physics to formulate questions and interpret answers from the quantum process. Those who understand some modern mathematics will have huge advantages.

The next 10 years will bring significant advances in quantum computing. IBM has just demonstrated with Spectrum Fusion 2.2 where the journey will lead. Corresponding infrastructures must be ensured on future sites. In addition to trained personnel in sufficient numbers, this also includes a secure power supply and an existing connection to the international high-performance fibre optic network. Those who cannot ensure these factors should not believe that their site is ready for the industry of the future and can have fatal consequences for the invested capital.

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