Quantum computing has taken a big leap in drawing attention from the student community with its power to solve intricate challenges in no time.
Quantum computing is a type of computing that utilizes the mechanical phenomena of entanglement and superposition.
Marwan Bin Haidar, Executive Vice President of Innovation & the Future at DEWA, noted that DEWA is the first utility in the world and the first organisation outside the US to participate in Microsoft's
Quantum Computing programme.
Nevertheless, the most important factor that accounts for boosting the interest in
quantum computing is represented by the huge computational power offered by these systems and the fact that their development from both hardware and software perspectives has become a reality.
As Quantum Flagship group coordinator Tommaso Calarco diplomatically put it, those actions provided a "decisive stimulus" for the EU's selection of
quantum computing as its third flagship.
As part of the agreement, ExxonMobil becomes the first energy company to join the IBM Q Network, a worldwide community of Fortune 500 companies, startups, academic institutions and national research labs working to advance
quantum computing and explore practical applications for science and business.
Such a capability would have major implications for the military, intelligence agencies and other organizations, especially when it comes to encrypting and decrypting critical information, said Arthur Herman, a senior fellow and
quantum computing expert with the Hudson Institute.
The promise of
quantum computing lies in the ability to solve certain problems significantly faster.