CIO Straight Talk - Issue 12 - 19

Train. Intel's Clarke urges companies to invest
in developing a quantum-ready workforce.
" Quantum computing requires a specialized
workforce, expertise that is pretty rare today, " he
says. In September 2020, the Chicago Quantum
Exchange launched its first certificate program
in Quantum Engineering and Technology. It was
aimed at professionals working for companies
as engineers, computer scientists, or industrial
researchers who could be oriented towards
quantum engineering. " We think there are
thousands and thousands of engineers who could
be highly impactful in the quantum field if they
could be slightly retrained, " says the University of
Chicago's Awschalom.
Experiment. BBVA, after assembling its network
of experts and hiring researchers with expertise
in quantum computing, identified fifteen specific
business challenges that quantum computing
could solve faster and with greater accuracy than
current computers. In July 2020, BBVA released
the results of what it learned from experiments
with six of these challenges, which served as
proofs-of-concept for the development of
quantum algorithms and also for their application
in key financial services activities.
While there are various ways a company
could organize internally to do this sort of
experimentation, according to Kuchovsky,
BBVA started in the research function, with the
intention to establish within a year or two a fullfledged
quantum computing center of excellence.
" Now is the time to start building the vision,
the expertise, the dedicated teams, and the
resources " for quantum computing, says Brian
Solis, Global Innovation Evangelist at Salesforce.
He argues that this can begin by building a
center of excellence around artificial intelligence,
making AI the focal point of the organization's
efforts to become more agile and innovative. " It
forces you to get better data, clean the data, and
build expertise and key capabilities around the
data, " Solis says.
The
bigger
picture
The potential
business benefits of
quantum computing
are just one aspect of
quantum computing's
impact. Kuchkovsky
puts BBVA's motivation for
exploring quantum computing
in the context of the bank's-and
society's-future: " Our research is
helping us identify the areas where quantum
computing could represent a greater competitive
advantage, once the tools have sufficiently
matured. But we also believe that quantum
technology will be key to solving some of the
major challenges facing society. "
Baidu's Duan believes that successfully using
quantum computers for key applications
" would dramatically increase our understanding
of quantum mechanics and in some sense
significantly advance physics education. " He
envisions a future in which there is a widespread
" understanding of the fundamental principles of
quantum mechanics and its typical applications
in information processing, just like what we have
achieved for Newtonian mechanics and current
information technologies. "
Microsoft's Svore summarizes the incredible
potential of this emerging technology in this way:
" Quantum computers simulate nature, they give
us access to how nature computes. "
***
Gil Press, a columnist (www.forbes.com/sites/
gilpress) and blogger (www.whatsthebigdata.
com) on technology, entrepreneurs, and
innovation, is a Contributing Writer for CIO
Straight Talk.h
19
http://www.forbes.com/sites/gilpress http://www.forbes.com/sites/gilpress http://www.whatsthebigdata.com http://www.whatsthebigdata.com

CIO Straight Talk - Issue 12

Table of Contents for the Digital Edition of CIO Straight Talk - Issue 12

Contents
CIO Straight Talk - Issue 12 - Cover1
CIO Straight Talk - Issue 12 - Cover2
CIO Straight Talk - Issue 12 - 1
CIO Straight Talk - Issue 12 - Contents
CIO Straight Talk - Issue 12 - 3
CIO Straight Talk - Issue 12 - 4
CIO Straight Talk - Issue 12 - 5
CIO Straight Talk - Issue 12 - 6
CIO Straight Talk - Issue 12 - 7
CIO Straight Talk - Issue 12 - 8
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CIO Straight Talk - Issue 12 - 10
CIO Straight Talk - Issue 12 - 11
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CIO Straight Talk - Issue 12 - 17
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CIO Straight Talk - Issue 12 - 19
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CIO Straight Talk - Issue 12 - Cover3
CIO Straight Talk - Issue 12 - Cover4
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