Category Archives: Quantum Computing

Market Study Report, LLC, has added a detailed study on the Quantum Computing Technologies market which provides a brief summary of the growth trends influencing the market. The report also includes significant insights pertaining to the profitability graph, market share, regional proliferation and SWOT analysis of this business vertical. The report further illustrates the status of key players in the competitive setting of the Quantum Computing Technologies market, while expanding on their corporate strategies and product offerings.

The report on Quantum Computing Technologies market presents insights regarding major growth drivers, potential challenges, and key opportunities that shape the industry expansion over analysis period.

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According to the study, the industry is predicted to witness a CAGR of XX% over the forecast timeframe (2020-2025) and is anticipated to gain significant returns by the end of study period.

COVID-19 outbreak has caused ups and downs in industries, introducing uncertainties in the business space. Along with the immediate short-term impact of the pandemic, some industries are estimated to face the challenges on a long-term basis.

Most of the businesses across various industries are taking measures to cater the uncertainty and have revisited their budget to draft a roadmap for profit making in the coming years. The report helps companies operating in this particular business vertical to prepare a robust contingency plan taking into consideration all notable aspects.

Key inclusions of the Quantum Computing Technologies market report:

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Quantum Computing Technologies Market segments covered in the report:

Regional segmentation: North America, Europe, Asia-Pacific, South America, Middle East and Africa

Product types:

Applications spectrum:

Competitive outlook:

For More Details On this Report: https://www.marketstudyreport.com/reports/global-quantum-computing-technologies-market-2020-by-company-regions-type-and-application-forecast-to-2025

Some of the Major Highlights of TOC covers:

Chapter 1: Methodology & Scope

Definition and forecast parameters

Methodology and forecast parameters

Data Sources

Chapter 2: Executive Summary

Business trends

Regional trends

Product trends

End-use trends

Chapter 3: Quantum Computing Technologies Industry Insights

Industry segmentation

Industry landscape

Vendor matrix

Technological and innovation landscape

Chapter 4: Quantum Computing Technologies Market, By Region

Chapter 5: Company Profile

Business Overview

Financial Data

Product Landscape

Strategic Outlook

SWOT Analysis

Related Reports:

2. Global Mechanical Computer Aided Design (MCAD) Market 2021 by Company, Regions, Type and Application, Forecast to 2026Mechanical Computer Aided Design (MCAD) Market Report covers the makers' information, including shipment, value, income, net benefit, talk with record, business appropriation and so forth., this information enables the buyer to think about the contenders better. This report additionally covers every one of the districts and nations of the world, which demonstrates a provincial advancement status, including market size, volume and esteem, and also value information. It additionally covers diverse enterprises customers data, which is critical for the producers.Read More: https://www.marketstudyreport.com/reports/global-mechanical-computer-aided-design-mcad-market-2021-by-company-regions-type-and-application-forecast-to-2026

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Quantum Computing Technologies Market, Share, Application Analysis, Regional Outlook, Competitive Strategies & Forecast up to 2025 - AlgosOnline

Lawyers love conflict. They thrive on it. If anyone can coexist with conflict, its a lawyer.

At least thats how most people think of lawyers. In reality, the opposite is more often true. The only people who love conflict might be candidates for the therapists couch. Most of us, especially lawyers, are averse to it.

The lawyer turned clinical psychologist, Larry Richard, has given personality assessments to over 5,000 lawyers over 20 years. As a tribe lawyers are disproportionately low in the personality traits of resilience and sociability. Resilience is the mark of emotional intelligence that allows one to accept failure, rejection and loss. Were not so good at that it turns out.

That may be, but what does that have to do with the economics of a successful legal practice or law department? It might surprise a few of us who subscribe to the zealous advocacy theory of legal practice that collaboration is more economically sustainable than exclusive competition.

Hold this thought in mind: in 2017 $10 billion in legal services revenue went from the BigLaw vault into the pockets of alternative legal service providers that are not law firms.

Why? Our conflict aversion is our greatest enemy in the Exponential Age of digital data, artificial intelligence and blockchain technologies. Doing better, faster and cheaper is the mantra of the collaborative economy. The legal business model that has worked extremely well in the competitive economy is on the verge of collapse, though that claim may seem a bit grandioseeven for a lawyer. But lets examine the evidence.

Unresolved Conflict in Workplaces is Expensive

Howatt HR Consulting provides a conflict cost calculator to gauge the cost of unresolved conflict in law firms and legal departments. I recently ran my calculator from the perspective of the most conflict-rich workplace I remember being a part of. It only cost $100,000 per year in lost productivity, absenteeism, health-care claims, turnover and other profit-destroying contributors. That is simply the impact of one person in that workplace! Howatt points out that the Canadian economy suffers a loss of over $16 billion each year due to unresolved conflict in the nations workplaces.

Its customarily calculated that the cost of an employees turnoverthrough termination or voluntary departure, then replacementcosts 120 percent of that employees annual compensation. For a $55,000-a-year paralegal, the cost of losing him or her is $66,000. Lost productivity, training and bringing a replacement to the same level of performance as a predecessor is not cheap.

At the British Legal Technology Forum 2018, Kevin Gold, a Mishcon de Reya managing partner, stated in a plenary session that the firm had calculated the costs of bringing a new young attorney to the point of return on investment; it was 250,000, or roughly $340,000.

I have listened as partners proudly describe the economic brilliance of their firms leverage model in terms such as, We have one associate make partner for every eight associates we hire. Theyre expendable. If they cant figure out how to succeed in our business model, we dont need them. There are more waiting for the empty chair. But losing seven associates to every one who makes partner is a very expensive proposition. Most associates who arent going to make partner are gone, voluntarily or otherwise, before they achieve third-year status.

According to Gold, the young lawyers at Mishcon de Reya become revenue-neutral somewhere close to their third year. Under the business model in my partner-friends firm, the firm loses about $2.5 million for every successful associate. Adjust the variables however you wish and the loss of treating associate attorneys as fungible is economically foolhardy, if not disastrous.

Similarly, the numerous accounts and studies of lateral attorney hires reflect how rarely the transition is economically beneficial for the firm. The laterally hired partner usually makes out like a bandit, but the firm often breaks even at best. More often the transaction is a loss leader. It may be worth the headlines, but the price borne by the bottom line can be less than rosy.

Of course, the law is one of the only professions that prohibits noncompete agreements with lawyers. A high-value executive can be bound by non-competes, but not lawyers. As a former firm executive committee member, we often said that a law firm is the only business that allows its inventory to walk out the door each night. If the lawyer doesnt return the next day, neither do their clients in most cases. When negotiating with a lateral attorney, the deal is usually cut on the basis of the attorneys portable business.

Whats the cause of all this lost revenue and profit? Unresolved conflict is usually the culprit. Perhaps its the associate who isnt popular enough with the firms power brokers and influencers to be worth the effort to resource, train, develop and treat as the resource Mishcon de Reya recognizes him or her to be. Or partners at odds with each over origination credits in the last compensation wars are more likely to engage in passive-aggressive behavior than have a conversation intended to reach agreement over a proper allocation of credit.

Admit it, you know its true. After 40 years of legal practice, Ive witnessed more unresolved conflict in law firms and legal departments than in prisons. Prisoners just take it outside. Lawyers demonstrate what we call Nashville Nice around these parts. You learn how to smile to their faces and then stab them in the back with a politically correct criticism in the Nashville fashion: Oh, shes a nice person, and I would never say anything bad about her, bless her heart. Thats conflict aversion.

Frankly, its more than an economic problem. Its a societal, emotional and health problem. Lawyer addiction, suicide and relational dysfunction exceed the general norm by a large margin. That, too, is an economic scourge.

The statistics cannot be questioned. Gender diversity in law school is far superior to that in law firms, legal departments, firm management committees, partnerships and the executive suite. Racial diversity doesnt even begin to reflect the population. The steady reduction in diversity as the organizational level of power and status increases is an indictment on our entire profession. What are the economic costs? The answer is simply unimaginableand totally unacceptable.

Thriving in the Collaborative Economy

We all remember the 1L experience when the most intimidating professor in our assigned classes made the recurrent sobering remark: Look to your right, look to the left . . . . Thus began our steady march into the competitive mindset of thinking like a lawyer. Unfortunately, for those of us wired that way, this culture of competition fed all our worst instincts. For others it was soul destroying. Richard, the lawyer turned clinical therapist, indicates thats the reason he became a psychologist.

While the law has perfected radical competitiveness, the rest of the business world is becoming radically collaborative. This transformative transition is due to the inevitability of digital power and pace. For a full exploration of the exponential nature of the Digital Age and its impact on commerce and culture, read The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies, by Erik Brynjolfsson and Andrew McAfee. The authors brilliantly compare the attributes of the first half of the Machine Agefrom the steam engine up to 2006to the second half. The first was competitive leading to scarcity. The second, also known as the Exponential Age, is collaborative leading to abundance.

A recent visit to Silicon Valley revealed how cooperative business has become. I spoke with a software engineer working for Dell who supervises a software development team. Nothing abnormal about that. However, he manages a team whose members change every day on projects that change every day. A Dell engineer manages a team that one day might consist of developers from Microsoft, SAP, Google, Apple and others. They are working on open-source software that builds open-source softwarefor the benefit of all.

Some say attorneys could never do that. It would be unethical, wouldnt it? Ask Pfizer and the small number of law firms that won the privilege of doing Pfizers legal work. A few years ago the pharmaceutical company required its successful law firm bidders to share work product, lessons learned and mistakes made with the other Pfizer core counsel after each matter. Thats distinctly unconventionaland the hallmark of successful business models in the Exponential Age.

Many other professions have already arrived in the cooperative age of business. Preparing for a recent training program for the Vanderbilt Medical School Leadership College, I discovered Quantum Leadership: Building Better Partnerships for Sustainable Health, by Tim Porter-OGrady and Kathy Malloch. Remove the word health and replace it with law and the parallels are unmistakable. The tools of technology, artificial intelligence, blockchain, the internet of things and cryptocurrency are, or will be, changing everything. Even quantum computing has arrived, making traditional computing look like the tortoise versus the harethat is, quantum computers can calculate 100,000 times faster. As a result the old keep-it-so-no-one-else-can-get-it mindset is evaporating. Do you want to work on IBMs quantum computer, operating at 20 qubits and soon to be 50 qubits? Its free and open source. Go right ahead.

When did all this happen, you ask. Seemingly overnight, and without warning. Thats exponential. As a result no disciplinary expertise is sufficient in itself. Cognitive diversity is the fuel of innovation. Seeing a problem from the same perspective leads to the same old solutions. Seeing the same problem from multiple perspectives (gender, racial, religious, sexual orientation, disability and national origin) brings creativity to the table, and competition is inimical to its success.

What quantum leadership requires is a new form of leadership: one thats radically collaborative. The old commercial model is hierarchical, structured and highly command-and-control oriented. The new model is flat, team-based and relational.

The new commercial model is focused on accountability rather than responsibility and output rather than effort. My life as a lawyer was spent selling effort, not output. Time has been the coin of the realm in the law since 1956, when the ABA informed lawyers that time is your most valuable asset. Man, did we buy that, and so did our clientsuntil they tired of it. Now they want value, not effort.

The difference between the old commercial order and the new is stunning. Working in teams is not taught in law school. I have been teaching Legal Project Management at Vanderbilt Law School for six years. Law students routinely report that this class is the first time they have been asked to work in a team in law school unless they are joint J.D./M.B.A. candidates. Business students dont understand why law school doesnt value teamwork. Therein lies one of our greatest problems: our clients are team-based, and we dont know how to do that.

Replacing Hypercompetition with Collaboration

Lets return to the question of the missing $10 billion. How could BigLaw lose that much value in a year? Lets examine the data.

The data isnt secret. Its been building over 10 years. Its more than an aberration; its a statistical trend. The data is submitted voluntarily by the nations largest law firmsnamely, the Am Law 300on a monthly basis and reported in the Thomson Reuters Peer Monitor Index reports. Although anonymized, the data collected over the last 10 years is stunning. Law firms are losing market share steadily, relentlessly and without response.

Spend time with the data reported in the Georgetown Law Centers and Thomson Reuters Legal Executive Institutes annual Report on the State of the Legal Market. Ten years of BigLaw self-reporting reveals the following: all the data reflecting financial progress in time billed and billings realized, collected and banked in firm law treasuries is in long-term decline. There are two rising trends: rates and costs. This dangerous economic state is obvious to everyone. Nothing is being done except by a few high-flying firms that have figured out the antidote to demise.

Check out Table 15 in the Georgetown/Thomson Reuters report. The missing $10 billion went to nonlawyers and nonlaw firms such as PwC, Deloitte, Axiom, lexunited, Pangea3, LegalZoom and a growing host of alternative legal service providers doing law better, faster and cheaperand sometimes without a law license. Thats what the market wants.

The report pulls no punches this year. It states: Stop doubling down on your failing strategy! Citing the Harvard Business Review analysis by the same title, the report warns BigLaw leaders that their conflict aversion could make these hallmark firms irrelevant.

How so? Harvard and Georgetown Law cite the power of our mind-blindness in the face of economic peril. Its all about heuristics, the state of mind that partially determines how we react to stress and threat. Our worldview is only valuable in the context of how it was formed. Another way of saying it is, You cant tell a room full of millionaires their business model is broken. They cant hear it. This is not a function of intelligence but of experience. We cant know what we dont know.

Specifically, the mental heuristics that take over our cognitive capacity in times of economic peril can be summarized with startling reality in the following ways:

When combined, these mental heuristics, which reflect simply how the human brain works, can be a toxic brew of mind-blindness, obscuring paths to rescue and ways out of a dilemma of our own making.

Whats a body to do? We must overcome our conflict aversion and welcome a path to open, respectful and strategic conflict competence rather than our preferred resort to passive-aggressive behavior.

The Harvard Business Review article suggests rules to follow to achieve conflict competence:

Embracing the Cooperative Economy

Although unfamiliar to those of us steeped in a competitive model of economic success, the world has moved on and is continuing to stake out new opportunities for economic success through previously unheard-of degrees of cooperative effort.

Start small and learn as you go. Discover the power and the scope of building bridges rather than silos. As our digital world continues to explode in data and the power to process it, learn to learn from other disciplines. Make friends with a data scientist, a software engineer or a legal project manager. Learn to see from their perspectives.

And, most importantly, jump in, the waters fine.

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Collaboration is the Future - Mediate.com

New York, USA, Dec. 22, 2020 (GLOBE NEWSWIRE) -- A latest report published by Research Dive on the globalquantum computing market sheds light on the current outlook and future growth of the market. As per the report, the global quantum computing market is expected to garner $667.3 million by growing at a CAGR of 30.0% from 2020 to 2027. This report is drafted by market experts by evaluating all the important aspects of the market. It is a perfect source of information and statistics for new entrants, market players, shareholders, stakeholders, investors, etc.

Check out How COVID-19 impacts the Global Quantum Computing Market. Click here to Connect with our Analyst to get more Market Insight: https://www.researchdive.com/connect-to-analyst/8332

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The report includes:

A summary of the market with its definition, advantages, and application areas. Detailed insights on market position, dynamics, statistics, growth rate, revenues, market shares, and future predictions. Key market segments, boomers, restraints, and investment opportunities. Present situation of the global as well as regional market from the viewpoint of companies, countries, and end industries. Information on leading companies, current market trends and developments, Porter Five Analysis, and top winning business strategies.

Factors Impacting the Market Growth:

As per the report, the growing cyber-attacks across the world is hugely contributing to the growth of the global quantum computing market. Moreover, the rising implementation of quantum computing technologies in agriculture for helping farmers to improve the efficiency and yield of crops is likely to unlock rewarding opportunities for the market growth. However, absence of highly experienced employees, having knowledge regarding quantum computing is likely to hinder the market growth.

Access Varied Market Reports Bearing Extensive Analysis of the Market Situation, Updated With The Impact of COVID-19: https://www.researchdive.com/covid-19-insights

COVID-19 Impact Analysis:

The sudden outbreak of COVID-19 pandemic has made a significant impact on the global quantum computing market. During this crisis period, quantum computing technology can be used for medical research and other activities related to COVID-19 pandemic. Moreover, the technology can be beneficial for developing advanced drugs at an accelerated speed and for analyzing different types of interactions between biomolecules and fight infectious like viruses. In addition, businesses are greatly investing in the development of quantum computers for drug discovery amidst the crisis period. All these factors are expected to unlock novel investment opportunities for the market growth in the upcoming years.

Check out all Information and communication technology & media Industry Reports: https://www.researchdive.com/information-and-communication-technology-and-media

Segment Analysis:

The report segments the quantum computing market into offerings type, end user, and application.

By offerings type, the report further categorizes the market into: Consulting solutions Systems

Among these, the systems segment is expected to dominate the market by garnering a revenue of $313.3 million by 2027. This is mainly due to growing use of quantum computing in AI, radar making, machine learning technologies, and many others.

Based on application, the report further classifies the market into: Optimization Machine Learning Material Simulation

Among these, themachine learning segment is expected to observe accelerated growth and garner $236.9 million by 2027. This is mainly due to significant role of quantum computing in enhancing runtime, capacity, and learning efficiency. Moreover, quantum machine learning has the potential to speed-up various machine learning processes such as optimization, linear algebra, deep learning, and Kernel evaluation, which is likely to boost the market growth during the forecast period.

Regional Analysis:

The report explains the lookout of the global quantum computing market across several regions, including: Europe Asia Pacific LAMEA North America

Among these, the Asia-Pacific region is estimated to lead the market growth by growing at a striking growth rate of 31.60% during the forecast period. This is mainly because of the growing adoption of quantum computing technologies in numerous sectors including chemicals, healthcare, utilities & pharmaceuticals, and others in this region.

Market Players and Business Strategies:

The report offers a list of global key players in the quantum computing market and discloses some of their strategies and developments. The key players listed in the report are:

QC Ware, Corp. Cambridge Quantum Computing Limited D-Wave Systems Inc., International Business Machines Corporation Rigetti Computing 1QB Information Technologies River Lane Research StationQ Microsoft Anyon Google Inc.

These players are massively contributing to the growth of the market by performing activities such as mergers and acquisitions, novel developments, geographical expansions, and many more.

Our market experts have made use of several tools, methodologies, and research methods to get in-depth insights of the global quantum computing sector. Moreover, we strive to deliver a customized report to fulfill special requirements of our clients, on demand.Click Here to Get Absolute Top Companies Development Strategies Summary Report.

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Global Quantum Computing Market Predicted to Garner $667.3 Million by 2027, Growing at 30.0% CAGR from 2020 to 2027 - [193 pages] Informative Report...

We still think of quantum computing as of science fiction, but in fact, it is already there. The quantum computing industry was worth $507.1 million in 2019. Experts from the McKinsey consulting company estimate that the quantum computing industry may exceed $65 billion by 2030, and reach an unprecedented $1 trillion by 2035. So, basically, in a few years, quantum computing will become mainstream. But how does business react to this eventuality?

Tech giants like IBM, Google, Honeywell and many others are in for the race to be the first to implement quantum computing on a massive scale. There is no clear leader yet, but recently Honeywell made a bold move: the company announced that its newest quantum computer has reached a quantum volume of 64 - twice as much as computers of IBM and Google.

And while the giants are at each other's throats, smaller companies look for alternative approaches. One of the first minor companies to showcase real-life use cases for the technology is QubitTechthat has demonstrated application of quantum computing in asset management. Thus quantum computing becomes not a theoretical breakthrough, but a financially viable and useful technology for everyone.

QubitTech is a company founded by a group of independent experts in algorithmic and traditional asset management. QubitTech CEO Greg Limon, also co-founder and shareholder of Toronto-based DigiMax Globa,l is known to have conducted two successful IPOs and participated in numerous venture projects with over $2 billion funds raised. His market expertise is second to none, as he has personally raised over $300 million for a series of successful startups that have grown to become global names.

Application of quantum technologies

The QubitTech platform makes use of quantum technologies that were initially fielded by IBM and offered a unique set of tools based on machine learning methods, quantum algorithms, and quantum neural networks.

Continuous improvements and testing have allowed the algorithmic systems used by QubitTech to advance into more sophisticated areas of application and offer their users a host of adjustable settings for achieving better risk to reward ratios in financial operations.

QubitTech has a clearly defined internal structure with dedicated workgroups for separate departments. Apart from having a healthy mix of experts on the team from financial, consulting, investment banking and other areas, QubitTech designs its own software solutions using internal resources.

The technological products offered by QubitTech give users the ability to select from a variety of balanced strategies based on smart diversification achieved by the use of algorithmic and traditional methods that are applied on the Bitfinex and Binance exchange platforms. More traditional approaches are also available for clients considering their strategies conservative.

The constructs have been proven to deliver up to 7% monthly yields. The simultaneous use of several strategies has been proven to deliver more promising results and QubitTech delivers.

Apart from trading bots and quantum computing constructs, QubitTech offers a host of other products as well, underscoring the platform's title as a full-fledged ecosystem of interconnected applications. Among the products is the P2P platform CryptoLocal are:

Other services that QubitTech plans to release in 2021 include a marketplace, a dedicated gaming platform, a venture fund, and an accelerator powered by the efforts of the project community.

The company has been making headway in its global expansion and is already represented in 13 countries with 150,000 active users.

The merger of quantum computing and the cryptocurrency industry may be a novel practice, but time has proven that advanced technologies often benefit each other. And while the two industries seem to be developed separately, some companies like QubitTech are taking leaps of faith and technological development, showing audiences what combined efforts can deliver.

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QubitTech shapes the future of quantum computing - IBTimes India

All cryptocurrencies are based on cryptography and require miners to solve extremely complex mathematical problems in order to secure the network. The idea behind quantum computing is that it will be able to crack Bitcoins algorithm much faster than the network.

The basic principle is that Bitcoins network has to be sufficiently fast in order for a quantum attacker to not have enough time to derive the private key of a specific public key before the network.

So far, it seems that quantum computers would take around 8 hours to derive a Bitcoin private key which, in theory, means the network is secure against them. It seems that the mark right now is around 10 minutes. If quantum computers can get close to this time, the Bitcoin network could be compromised.

Its also important to note that quantum computing not only poses a threat to Bitcoin and cryptocurrencies but to other platforms, even banks. Many platforms use encryption which would be broken if quantum computing becomes real, which means the implications of this technology go way beyond just cryptocurrencies.

Theoretically, cryptocurrencies have several ways to mitigate or completely stop quantum computing attacks in the future. For instance, a soft fork on the network of an asset could be enough to at least move some of the assets that are insecure.

Additionally, there are many algorithms that are theorized to be quantum-resistant. In fact, SHA-256 which is currently used should be resistant to these types of attacks. According to recent statistics, around 25% of Bitcoin in circulation remains vulnerable to quantum attacks. You should transfer your coins to a new p2pkh address to make sure they are safe.

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Bitcoin is quantum computing resistant regardless of rising fears among investors - FXStreet

For obvious reasons, 2020 will not go down as a good year. At the same time, it has brought more scientific progress than any year in recent memory and these advances will last long after COVID-19 as a major threat is gone.

Two of the most obvious and tangible signs of progress are the mRNA vaccines now being distributed across America and around the world. These vaccines appear to have very high levels of efficacy and safety, and they can be produced more quickly than more conventional vaccines. They are the main reason to have a relatively optimistic outlook for 2021. The mRNA technology also may have broader potential, for instance by helping to mend damaged hearts.

Other advances in the biosciences may prove no less stunning. A very promising vaccine candidate against malaria, perhaps the greatest killer in human history, is in the final stages of testing. Advances in vaccine technology have created the real possibility of a universal flu vaccine, and work is proceeding on that front. New CRISPR techniques appear on the verge of vanquishing sickle-cell anemia, and other CRISPR methods have allowed scientists to create a new smartphone-based diagnostic test that would detect viruses and offer diagnoses within half an hour.

It has been a good year for artificial intelligence as well. GPT-3 technology allows for the creation of remarkably human-like writing of great depth and complexity. It is a major step toward the creation of automated entities that can react in very human ways. DeepMind, meanwhile, has used computational techniques to make major advances in protein folding. This is a breakthrough in biology that may lead to the easier discovery of new pharmaceuticals.

One general precondition behind many of these advances is the decentralized access to enormous computing power, typically through cloud computing. China seems to be progressing with a photon method for quantum computing, a development that is hard to verify but could prove to be of great importance.

Computational biology, in particular, is booming. The Moderna vaccine mRNA was designed in two days, and without access to COVID-19 itself, a remarkable achievement that would not have been possible only a short while ago. This likely heralds the arrival of many other future breakthroughs from computational biology.

It also has been a good year for progress in transportation.

Driverless vehicles appeared to be stalled, but Walmart will be using them on some truck deliveries in 2021. Boom, a startup that is pushing to develop feasible and affordable supersonic flight, now has a valuation of over $1 billion, with prototypes expected next year. SpaceX achieved virtually every launch and rocket goal it had announced for the year. Toyota and other companies have announced major progress on batteries for electric vehicles, and the related products are expected to debut in 2021.

All this will prove a boon for the environment, as will progress in solar power, which in many settings is as cheap as any relevant alternative.

In previous eras, advances in energy and transportation typically have brought further technological advances, by enabling humans to conquer and reshape their physical environments in new and unexpected ways. We can hope that general trend will continue.

Finally, while not quite meeting the definition of a scientific advance, the rise of remote work is a real breakthrough. Many more Zoom meetings will be held, and many business trips will never return. Many may see this as a mixed blessing, but it will improve productivity significantly.

Without a doubt, it has been a tragic year. Alongside the sadness and failure, however, there has been quite a bit of progress. Thats something worth keeping in mind, even if we cant quite bring ourselves to celebrate, as we look back on 2020.

Tyler Cowen is a syndicated columnist.

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2020 was a tough year, but there is a silver lining - Boston Herald

Raise your hand if you ever wanted to get beamed onto the transport deck of the USS Enterprise. Maybe we havent reached the point of teleporting entire human beings yet (sorry Scotty), but what we have achieved is a huge breakthrough towards quantum internet.

Led by Caltech, a collaborative team from Fermilab, NASAs Jet Propulsion Lab, Harvard University, the University of Calgary and AT&T have now successfully teleported qubits (basic units of quantum info) across almost 14 miles of fiber optic cables with 90 percentprecision. This is because of quantum entanglement, the phenomenon in which quantum particles which are mysteriously entangled behave exactly the same even when far away from each other.

When quantum internet is finally a thing, it will make Wifi look obsolete and dial-up even more ancient than it already is. We achieved sustained, high-fidelity quantum teleportation utilizing time-bin (time-of-arrival_ qubits of light, at the telecommunication wavelength of 1.5 microns, over fiber optic cables, Panagiotis Spentzouris, Head of Quantum Science at the Fermilab Quantum Institute, told SYFY WIRE. This type of qubit is compatible with several devices that are required for the deployment of quantum networks.

What you might recognize is the fiber optic cables used in the experiment, since they are everywhere in telecommunication tech today. Lasers, electronics and optical equipment which were also used for the experiments at Caltech (CQNET) and Fermilab (FQNET) that could someday evolve into the next iteration of internet. Though this is equipment you probably also recognize, what it did for these experiments was enable them to go off without a glitch. Information traveled across the cables at warp speed with the help of semi-autonomous systems that monitored it while while managing control and synchronization of the entangled particles. The system could run for up to a week without human intervention.

So if entangled qubits are inextricably linked despite the distance between them, is there even a limit to how far information can travel? Hypothetically, they could go on forever. What limits exist in reality are not in the qubits but the effects of their surroundings. While one of the qubits containing information stays where it is, the other one has to zoom over to wherever it needs to transfer that information. It could run into obstacles on the way.

What limits the distance that information can be transmitted is loss and noise: either from the properties of the medium we use to send the information or the effects of the environment on the medium, or imperfections on the various operations we need to perform to realize the information transfer, Spentzouris, who coauthored a study recently published in PRX Qunatum, said.

To keep quantum internet running at high precision and over distances around what it was able to cover in this experiment, the quantum teleportation that powers it needs quantum memory and quantum repeaters. Quantum memory is basically the quantum version of the memory your computer and smartphone use now. Instead of storing memory as something like 100101011, it stores it in the form of qubits. To make it possible for entangled qubits to travel as far as possible, quantum repeaters make it easier for those qubits to traverse by splitting it into sections over which they are teleported.

With this system, Spentzouris and his team are planning to lay out the epic Illinois Express Quantum Network (IEQNET), which will use the same technologies that the CQNET and FQNET experiments so successfully pulled off. More tech will obviously needed to realize this sci-fi brainchild. It will combine quantum and non-quantum functions for its quantum nodes and controls. The only thing missing will be the repeaters, since they will need more development to operate over such an expanse. Spentzouris believes quantum computing itself reaches far beyond internet.

Fully distributed quantum computing includes applications include GPS, secure computation beyond anything that can be achieved now, all the way to enabling advances in designing new materials and medicine, as well basic science discoveries, he said. It will unleash the full power of quantum computing and have a profound impact on our lives.

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Beam me up: long-distance quantum teleportation has happened for the first time ever - SYFY WIRE

Jiuzhang, a quantum computer prototype developed at the University of Science and Technology of China, represents such a giant leap forward in computing that just 200 seconds of its time dedicated to a specific task would equal 600 million years of computing time for today's current most powerful supercomputer.

On Dec 4, Science magazine announced a major breakthrough made by a team from USTC headed by renowned physicist Pan Jianwei. The team had jointly developed a 76-photon Jiuzhang, realizing an initial milestone on the path to full-scale quantum computing.

This quantum computational advantage, also known as "quantum supremacy", established China's leading position in the sphere of quantum computing research in the world.

USTC has produced a string of wonders: Sending Wukong, China-'s first dark matter particle explorer, and Mozi, the world's first quantum communication satellite, into space; and witnessing the National Synchrotron Radiation Laboratory sending off light from the Hefei Light Source.

During the past 50 years, USTC has made significant achievements in the fields of quantum physics, high-temperature superconductivity, thermonuclear fusion, artificial intelligence and nanomaterials.

Technology is the foundation of a country's prosperity, while innovation is the soul of national progress.

Since 1970, when USTC was relocated to Hefei, Anhui province, it has focused on research and innovation, targeting basic and strategic work in a bid to fulfill its oath to scale "the peak of sciences".

The large number of world-renowned innovative achievements shined glory on USTC, exhibiting its courage to innovate, daring to surpass its peers and unremitting pursuit of striving to be a top university in the world.

Although USTC was set up only 62 years ago, it established the country's first national laboratory and also the first national research center. It has obtained the largest number of achievements selected among China's Top 10 News for Scientific and Technological Progress each year since its founding.

Its reputation as an "important stronghold of innovation" has become stronger over the years.

While facing the frontiers of world science and technology, the main economic battlefield, the major needs of China and people's healthcare, USTC focuses on cultivating high-level scientific and technological innovation talents and teams, and shoulders national tasks.

It has used innovation to generate transformative technologies and develop strategic emerging industries, perfecting its ability to serve national strategic demand, and regional economic and social development.

Facing sci-tech frontiers

USTC has top disciplines covering mathematics, physics, chemistry, Earth and space sciences, biology and materials science. While based on basic research, USTC pays close attention to cutting-edge exploration, encouraging innovative achievements.

Serving major needs

In response to major national needs, USTC has led and participated in a number of significant scientific and technological projects that showcase the nation's strategic aims.

For example, sending the Mozi satellite and Wukong probe into space. Meanwhile, it also participated in the development of core components of Tiangong-2, China's first space lab, and Tianwen-1, the nation's first Mars exploration mission.

Main economic battlefield

In the face of economic and social development needs, USTC has balanced meeting national needs and boosting exploration in frontier spheres.

It has witnessed a series of innovative achievements in the fields of materials science, energy, environment, advanced manufacturing, AI, big data and security.

Safeguarding health

USTC's School of Life Sciences was founded in 1958 with emphasis on biophysics. In recent years, this flourished into many branches of biological sciences.

The new School of Life Sciences was established in Hefei in 1998. Based on its years of cultivation in the field of life sciences, the university has contributed much to China's medical science.

In 2020, the university developed the "USTC protocol" to treat COVID-19 patients, which has been introduced to more than 20 countries and regions.

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Scaling the heights of quantum computing to deliver real results - Chinadaily.com.cn - China Daily

By Nishant Rathi, CEO and Founder of NeoSOFT Technologies

The year 2020 was more than just being volatile; rather it was the year marked with numerous digital and technology advancements which were a direct response to overcome the challenging circumstances. The pandemic certainly impelled even the naysayers to go digital, and the halted ones to surge; the business spectrum had no respite than to leverage the digital wave.

The coming year foresees a promising and potential role of technology to deliver a paradigm shift in the business operation models. These game-changing technologies have the promise to impact businesses and consumers alike with their disruptive potential.

1. Smart Work-from-Home Technologies: The widespread adoption of 5G and emerging technologies such as AI and IoT will have a massive impact on the work-from-home trend that we saw becoming massively accepted in 2020. The coming year will elevate the work-from-home format to anywhere model where organizations would actually not bother if anyone is working from the moon and delivering results! Smart work-from-home technologies like remote communication tools, video calling services, project management platforms, and digital assistants shall continue being in high demand.

2. Hyperautomation: Hyperautomation is an advanced, intelligent form of automation that implements AI and ML allowing it to go beyond task-automation and accomplish process-based automation. As businesses continue leveraging advanced technologies to automate tedious, repetitive tasks and processes, the new year will see new hyperautomation technologies evolve and existing solutions to continue to advance.

3. Edge Computing: Until recently, edge computing was considered an emerging technology something akin to a science project. With the proliferation of 5G and IoT, 2021 is the year when edge computing will see doors opened for it. Its ability to accomplish complex operations in low-latency environments is expected to be the primary reason and the driving factor for businesses to eagerly adopt this technology.

4. Quantum Computing: The forthcoming year is predicted to be the year that quantum computing scales-up rapidly and grows to transform Artificial Intelligence making it more advanced called Quantum plus Artificial Intelligence (QAI). Similarly, AI applications with machine learning run on quantum computers can accelerate computer vision in the coming years quite disruptively.

5. Cognitive Foundation Technology: Cognitive Foundation (CF) optimally matches all kinds of ICT resources such as cloud, edge, terminal, network, etc., and manages information distributed among them centrally. CF creates an unconstrained platform that can analyze and forecast irrespective of the format of the systems or the data. Its self-evolving and multi-orchestrating abilities make this tech trend one to watch out for.

6. Digital Twin Computing: Digital Twin, as the name suggests, means building a digital twin of a real person or thing. They are manufactured to manage performance and effectiveness of machines, to simulate the impact of new developments, and even proactively help in designing solutions. Digital Twin Computing is a new computer paradigm which makes it possible to test and experiment multiple real-life possibilities in different environments without relying on a human to provide input. While this technology has decades to come into the mainstream, the buzz around it is sure catch eyes in 2021.

7. Robotics Process Automation: With the advances that we have already seen and the ones predicted to come, one thing is clear the world is making a shift towards high-end data usage. RPA uses software bots to tackle repetitive, cumbersome tasks unleashing the ultra-tech features of AI, ML and computer vision. Studies show that 1 minute of RPA work is worth 15 minutes of manual work with an efficiency rate like this, 2021 promises to see unseen advances and a high rate of adoption for this technology.

If you have an interesting article / experience / case study to share, please get in touch with us at [emailprotected]

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Disruptive Technologies to watch out for in 2021 - Express Computer

Indias tryst with 5G is expected to commence in the second half of 2021 with a network roll out by Reliance Jio. RIL Chairman Mukesh Ambani believes this will make India a global leader in the fourth industrial revolution a world driven by artificial intelligence, automation, robotics, quantum computing and the internet of things (IoT).

5G refers to 5th generation mobile network. When rolled out, it will represent a quantum leap over the current 4G mobile networks. If successfully implemented, it can deliver 10 times faster internet and more than 10 times improvement in latency (the time difference between sending and receiving messages) over 4G. Ultimately 5G is expected to reduce latency to 1 millisecond (one thousandth of a second). Human reaction time is around 200-250 milliseconds. Hypothetically devices connected to 5G, can have a response time that is 200 times faster than humans. 5G also comes with substantially more capacity and hence will enable more connected devices without issues of network congestion.

5G has potential to unleash a whole range of services and capabilities that are not possible today in terms of scale and precision mass deployment of autonomous cars, using drones for delivery, remote healthcare (even for critical cases and robotic surgery), precision agriculture (real time management of crops and fields), virtual reality and industrial automation. This is expected to pave the way for way a whole new world of connected devices communicating with each other.

The time it will take for 5G to roll out pan-India will depend on the infrastructure readiness of the telecom players, their ability to successfully bid for and win spectrum and the governments willingness to auction the required airwaves at an affordable price. Jio appears confident of upgrading its country-wide 4G network to 5G based on its current network infrastructure. Airtel expects 5G will become the norm in the next 2-3 years. Successful and timely launch however will require support and foresight from policy makers in fast tracking the 5G spectrum auction and removing regulatory hurdles. With most telecom players in India making losses, theres also the question of their scrounging up the capital to acquire spectrum and invest in the required infrastructure upgrades.

Just as 4G did, 5G too will change, but in a much bigger manner,the way we work, shop, consume entertainment, communicate, travel. 5G is also expected to unleash a whole range of new career opportunities and make certain jobs redundant. If you are a student , you may want to build skill sets that will be in demand. Since 5G will result in an exponential growth in data and its use cases, proficiency in computer science, statistics and mathematics might be in demand. If you are in the middle of your career span, you may want to see how your profession will be influenced by these changes and can plan to upskill. If you are an entrepreneur and you do not adopt new technology, you may lose out to competition. Finally, as a country, timely roll out and scaling of 5G can ensure we dont lose out on innovation against countries like US and China.

Youll need to upgrade your devices to reap the benefits of 5G. Alphabet investment in Jio and partnership to develop cheaper Android phones could make the devices more affordable.

5G is not going to work miracles in your life tomorrow. But do plan for it so that when it comes, you are not left wondering who moved your cheese.

A weekly column that puts fun into learning

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All you wanted to know about 5G - BusinessLine