Quality Data, Quality Decisions: Why Web Scraping is Essential for Advanced Analytics
Gediminas Rickevičius·9 min


Some pundits point to the fact that the relationship between computers getting smaller & faster is either slowing down or has come to a dead end. The News media coverage of Moore's Law (chart above) shows that once a popular term has fallen out of favor as the driving factor fueling the growth of Computing. The reason - Quantum Computing, which is increasingly heard of in the electronic media. To put it simply, Quantum machines are supercomputers with advanced processing powers. They have provided the engine for exponential growth to the current computing machines. With the capability of performing complex calculations, multiple data sets and numerous variables, Quantum Machines offer a clear edge to the efficiency over the current transistor-based computer systems. It has a huge potential to disrupt every industry across the Global Landscape. So how do Quantum computers achieve this - the answer lies in the infrastructure of these machines. But for that, we first need to understand how the traditional transistor-based microchips process information.
The traditional computers processed information in the form of bits. These bits are stored on the transistors in either 0 or 1. These two states act as electronic ON-OFF switches performing calculations by alternating between the two states. Quantum computers, on the other hand, don't use transistors. The process information with the help of Qubits. What makes Quantum machines so fast is the ability of these Qubits to exist simultaneously in both states 0 an 1, also exhibiting the properties of both states. This property along with Quantum computers reliance on naturally occurring quantum-mechanical phenomena - Superposition and Entanglement - provide these machines the ability to perform massively complex calculations with efficiency & accuracy. The exponential growth in the rise of Quantum computers in the past two decades reiterates the fact that Moore's Law has become redundant.
As per the figure below, the first quantum machine was successfully tested by the University of Oxford Researchers in 1998 that could only process 2 qubits. Move ahead to 2017, IBM devised a quantum machine with 50 qubits processing power - a 25X computing power increase. In 2018, Google has already demonstrated 72 qubits information processing power. Now, Rigetti Computing, a Berkley (California) - based startup is on a mission to build the World's most powerful quantum computer yet with 128 qubits processing power. Their mission - To solve humanity's biggest problems. Steve Jurvetson, an investor in D-Wave Systems (Canada headquartered & an early leader specializing in hybrid-quantum and classical machines) has coined a new word for the increasing capacity of quantum computers as "Rose’s Law.” It gives us a parallel definition to the quantum computing growth when compared to Moore's Law in semiconductor-based machines.
The three types of Quantum computing are already providing some real-world use cases.

Faisal is based in Canada with a background in Finance/Economics & Computers. He has been actively trading FOREX for the past 11 years. Faisal is also an active Stocks trader with a passion for everything Crypto. His enthusiasm & interest in learning new technologies has turned him into an avid Crypto/Blockchain & Fintech enthusiast. Currently working for a Mobile platform called Tradelike as the Senior Technical Analyst. His interest for writing has stayed with him all his life ever since started the first Internet magazine of Pakistan in 1998. He blogs regularly on Financial markets, trading strategies & Cryptocurrencies. Loves to travel.