Addressing visitors to the London Tech Week, the Prime Minister has announced that the government will invest £153 million to unlock the potential of quantum technologies.
Quantum computing is one of the most intricate and least understood areas of future technology, but will be essential in the development of advanced electronics in the coming years.
This is why the government have committed to the advancement of research into this industry with a £153 million injection, with an additional £205 million pledged by companies in the sector.
Quantum computing is used to carry out complex calculations and simulations by taking advantage of the ability for subatomic particles to exist in more than one state at the same time. If you’re looking for a more technical explanation, IBM describe that “Universal quantum computers leverage the quantum mechanical phenomena of superposition and entanglement to create states that scale exponentially with number of qubits, or quantum bits.” You can find out more on IBM Q’s website.
But like I say, this is one of the least understood areas of science and technology, so don’t feel down if you don’t completely understand.
What is important to realise, however, is the range of uses for this type of computing. The biggest focus is within the healthcare sector; from allowing for breakthroughs in new treatments to creating algorithms to effectively direct ambulances. This will be vital in the coming years with healthcare services becoming more strained with people living longer and increasing populations across the world.
London Tech Week is the capital’s festival of celebration for future technologies in the UK and around the world. Now in its sixth year, the 2019 event is based in the Here East digital campus in Hackney.
This total of £358 million brings together companies from around the world to use the United Kingdom as a hub for quantum innovation. The Prime Minister has met with representatives from worldwide technology giants to discuss the future of investment into the UK, including Microsoft, Google and Amazon.
Quantum processors could model chemical reactions that would be beyond any existing supercomputer. This technology could transform computing, imaging and communications. We cannot put a limit on its potential – just as we could never have estimated how far and fast the Internet would transform our lives.Prime Minister Theresa May
This pledge is in parallel with government plans to make 2,500 places available for AI and data conversion courses, including 1,000 government-funded scholarships, to increase the skills needed to work with new technologies.
The future of technology really is exciting. However, if you’re having trouble with your business devices right now, contact the SeaBro IT team to find out how we can help.