Honeywell Won the Race Towards The Quantum Computing

The company based in North Carolina reported Thursday that it had created the fastest Quantum Computing system globally, at least twice as fast and powerful as the current Google and IBM computers.

Honeywell claimed that it improved the efficiency of its Quantum Computers enough to beat that of IBM’s by one closely monitored measure. The achievement gives Honeywell’s computer the title of the world’s fastest quantum computer, at least for now.

The achievement meets a promise made by Honeywell in March. It is a breakthrough in the company’s ambitious attempt to increase its quantum computing. 

This consists of an inox steel chamber of the size of a basketball, which is refracted by liquid Helium at a temperature just above absolute zero, the level at which the atoms stop vibrating. The system is in a 1500 m2, high-security storage area in Boulder, Colorado. Within that space, lasers are used to measure individual atoms floating over a computer chip.

The quantum computer of Honeywell, nicknamed H0, scored 64 on a metric known as quantity. This test tests both the total number of qubits of the machine – the fundamental components processing data in a quantum computer – and the machine’s use of these qubits. In January, the result was higher than the 32 IBM system Raleigh.

While experts have been studying the capability of quantum computing for decades, that is, designing machines with the ability to perform calculations beyond the limits of supercomputers and classic computers, the industry has been restricted to the intrigue of research teams at computing companies such as IBM and Google, until recently.

But the race between those companies over the past year to claim supremacy and provide a commercial use — has heated up in the quantum computer race. Honeywell’s machine has achieved a Quantum Volume of 64, a metric designed by IBM that measures machine capability and error rates. Still, it is also difficult to decipher (and potentially game possible, as the quantum computing expert Scott Aaronson wrote in March). By way of comparison, IBM announced in January that its newest machine, Raleigh, had achieved a Quantum Volume of 32.

Google also spend massive resources trying to develop its quantum capacities, and, in October, it had created a machine that would have required a supercomputer to process in only 200 seconds for a period of 10,000 years. (IBM refuted Google’s claim, saying it only took 2,5 days to finish the calculation.)

To find solutions that are practically impossible to standard “classical” computers, Quantum Computing focuses on the weird rules of atomic physics. This is the guarantee, at least.

In the past, quantum computers mostly completed research ventures. Classical computers outperformed them in one small Google “quantum dominance” study.

As researchers add more qubits, they also learn how to protect them from distractions that disrupt calculations. They expect quantum computers to become more durable.

Researchers anticipate success in tasks such as improving financial portfolios, advancing machine learning, and developing new materials like solar panels or batteries.

In the last decade, Honeywell developed technologies to produce cryogenics and laser techniques to achieve this objective. The company has built up a team of more than 100 experts in the past five years that has entirely built up the machine, and Honeywell confirmed it would take three months to complete in March. It could achieve a goal even if the Covid-19 reversed its workers and forced some employees to work remotely.

Honeywell does not disclose the number of clients it has. However, it has an agreement with JPMorgan Chase. Quantum experts at JPMorgan Chase use Honeywell’s machine. They perform large tasks, such as building models for fraud detection.

“All of that happened at the same time we were planning on being on this race.”

Quantum computing is taking a fresh start.

Honeywell was a leading manufacturer of massive mainframes decades ago. It sold the business and left the computer industry to other vendors. Recently, Honeywell has quietly used its experience in materials science and industrial activities to focus on quantum technology. The company now has a team of 120 experts in Colorado and Minnesota.

The current design of Honeywell, H0, reaches 64,00 to 640,000 from its new quantum number, adding more qubits, said Honeywell’s president Tony Uttley. “We have built the infrastructure to become an auditorium. A few seats we’re filling in,” he said. “We’d like to build the auditorium with many seats.

He has added that another program, H1, is in the pipeline.

The upgrade also implies Honeywell’s machine is opened for businesses that can make their own unimaginably vast calculations. This product can cost about $10,000 an hour, Uttley says. Honeywell does not disclose how many clients it has. However, it has an agreement with JPMorgan Chase. Quantum experts at JPMorgan Chase use Honeywell’s machine to perform large tasks, such as building models for fraud detection.

Intermediate Quantum Computing, Zapata Computing, and Cambridge Quantum Computing can provide queries for those enterprises. These companies do this without requiring in-house quantum experts.

Uttley states that with increased access to technology, quantum computers are getting closer to solving climate change and pharmaceutical development issues. He continues by citing Honeywell. According to Honeywell, the quantum volume of his machine will increase by ten each year for the next five years. This will reach 640,000, much higher than ever imagined.

In a quantum computer, the number of qubits is essential. More squabbles allow scientists to resolve more complex issues with more possible solutions. The possibility of combining organizations into a single virtual dispute enables much better computations. However, Qubit itself is a rough indicator of success, and therefore IBM has created a quantum quantity.

IBM’s quantum volume benchmark is one of the earliest attempts to address this problem,” said 451 Research analyst James Sanders. “Others will inevitably come down the pike as quantum computers become more capable. But for now, it’s easy to compare IBM and Honeywell machines at least.

Recent Posts

How to Protect SaaS Data Security Effectively?

As the adoption of Software-as-a-Service (SaaS) solutions grows, so does the need for robust data security measures. SaaS platforms often store sensitive data such...

How to Scale Your SaaS Business: Tips from Industry Experts

Scaling a Software-as-a-Service (SaaS) business is a challenging yet rewarding journey. It requires not only a deep understanding of your market and product but...

SaaS Customer Success: Best Practices for Retention and Growth

In today’s fast-paced Software-as-a-Service (SaaS) environment, customer success is more than just a support function. It is a vital strategy for retaining customers, ensuring...

How to Reduce Churn Rate in SaaS: Best Strategies

In the SaaS industry, maintaining a low churn rate is crucial for ensuring steady growth and customer retention. Churn, or customer attrition, refers to...

SaaS Pricing Models: Which One is Right for Your Business?

The Software as a Service (SaaS) model has revolutionized the way software is delivered to businesses. By offering cloud-based solutions, SaaS companies provide flexible,...

The Top 10 SaaS Solutions Revolutionizing Business Operations

Software as a Service (SaaS) is reshaping business operations, helping companies optimize processes, enhance productivity, and scale seamlessly. SaaS tools enable businesses to automate...

How RPA is Transforming Business Operations

Robotic Process Automation (RPA) is revolutionizing business operations by automating repetitive, rule-based tasks, leading to enhanced efficiency, reduced errors, and significant cost savings. By...

More from Author

The 6 Best Gaming Laptops to Buy

Gaming laptops provide powerful performance, portability, and versatility. Whether you’re a...

What is Deepfake? What is It and How does It Work?

What is Deepfake? Deepfake uses artificial intelligence (AI) to manipulate media—images,...

Impacts of Quantum Cybersecurity on Digital Protection

Quantum computing is transforming data processing, creating both opportunities and risks...

How MDM plays a vital role in Healthcare Technology?

In the ever-evolving healthcare sector, accurate data management is more critical...

Read Now

The 6 Best Gaming Laptops to Buy

Gaming laptops provide powerful performance, portability, and versatility. Whether you’re a casual gamer or a professional eSports competitor, choosing the right gaming laptops to buy can make a world of difference. In this article, we will explore six of the top gaming laptops available today, detailing their...

What is Deepfake? What is It and How does It Work?

What is Deepfake? Deepfake uses artificial intelligence (AI) to manipulate media—images, videos, or audio—to make them appear real, though they are entirely fabricated. The term combines "deep learning" and "fake," highlighting the AI techniques used to create such content. This technology has rapidly advanced, making it increasingly...

Impacts of Quantum Cybersecurity on Digital Protection

Quantum computing is transforming data processing, creating both opportunities and risks for cybersecurity. The Quantum Cybersecurity Impact describes how quantum technologies could both strengthen and challenge existing cybersecurity frameworks. This article delves into the implications of quantum computing on digital security, exploring its potential threats and examining...

How MDM plays a vital role in Healthcare Technology?

In the ever-evolving healthcare sector, accurate data management is more critical than ever. With the increase in digital health systems, the need for robust systems to manage and streamline data has led to the widespread adoption of Master Data Management (MDM). MDM in healthcare technology ensures that...

Revolutionizing Security: The Role of Identity Verification with AI in Modern Systems

Identity verification with AI is changing the way organizations authenticate individuals. Traditional methods of verification, such as passwords or security questions, are increasingly vulnerable to hacking and fraud. AI-powered solutions use advanced algorithms, biometric data, and machine learning models. These technologies offer higher security and efficiency. AI...

Website Speed Optimization: Tools and Techniques

Website speed optimization refers to the process of improving the load time of a website. A fast website ensures that users have a smooth experience, increasing engagement and retention. Speed optimization involves technical improvements and tools that help your website load faster, improving both user experience and...

Top Integral Mobile Apps for Productivity

In today’s fast-paced world, mobile apps play a critical role in how we live, work, and connect with others. Among the vast array of apps available, some are considered essential tools, or integral mobile apps, for both productivity and entertainment. These apps seamlessly integrate into our daily...

Empowering Women in the Shipping Industry

The shipping industry has been traditionally male-dominated, but women are gradually making their presence felt. While progress has been made, the industry still faces significant challenges when it comes to gender equality. Women bring diverse perspectives and fresh ideas, which are essential for growth and innovation. For...

How to Protect SaaS Data Security Effectively?

As the adoption of Software-as-a-Service (SaaS) solutions grows, so does the need for robust data security measures. SaaS platforms often store sensitive data such as customer information, financial records, and intellectual property. Ensuring the safety of this data is critical for maintaining customer trust, complying with regulations,...

How to Scale Your SaaS Business: Tips from Industry Experts

Scaling a Software-as-a-Service (SaaS) business is a challenging yet rewarding journey. It requires not only a deep understanding of your market and product but also strategic planning and the implementation of efficient systems. Whether you're a startup or an established SaaS company, the principles of scaling are...

SaaS Customer Success: Best Practices for Retention and Growth

In today’s fast-paced Software-as-a-Service (SaaS) environment, customer success is more than just a support function. It is a vital strategy for retaining customers, ensuring satisfaction, and driving growth. SaaS companies that prioritize customer success are able to foster long-term relationships with their customers, reducing churn while expanding...

Discord App: How To Solve The Discord Login Problem on Mobile Phones and Different Browsers

If the Discord App has been causing login issues for you, you're not alone. Many users struggle to access their accounts. If you’ve been experiencing login issues with the Discord App, you’re not alone. Many users face difficulties when trying to access their accounts. Luckily, most login...