Why IBM's Quantum Computing Predictions May Be Right on the Money

Earlier this week, Armonk, N.Y.-based IBM announced that LG Electronics has joined the IBM Quantum Network. According to Big Blue, the Quantum Network is designed to advance the industry applications of quantum computing. Like all such partnerships, the technology flow will go in both directions. By joining the IBM Quantum Network, IBM will offer Seoul, South Korea-based LG Electronics access to IBM's quantum computing systems, as well as to IBM's quantum expertise and Qiskit, IBM's open-source quantum information software development kit. For its part, LG Electronics aims to explore applications of quantum computing in industry to support big data, artificial intelligence, connected cars, digital transformation, IoT and robotics applications -- all of which require processing a large amount of data.