Abstract
The world of information technology is buzzing around the possibilities that quantum computers might open up for organizations. But what are quantum computers and what could be their business potential, eventually? Part of why quantum computers are steeped in mystery is because they rely on some very strange properties of the microcosm. From quantum interference to quantum entanglement, not to mention some of the underlying philosophical quantum implications like the possibilities for multiple universes and the foundations of quantum physics that revolve around peculiar mathematical formulations, quantum computers have been under development for decades, with IBM, D-Wave, and Google being amongst a handful of companies investing in this space.
Highlights
The world of information technology is buzzing around the possibilities that quantum computers might open up for organisations
From quantum interference to quantum entanglement, not to mention some of the underlying philosophical quantum implications like the possibilities for multiple universes and the foundations of quantum physics that revolve around peculiar mathematical formulations, quantum computers have been under development for decades, with IBM, D-Wave, and Google being amongst a handful of companies investing in this space
If you let all the esoteric constructs aside, a quantum computer is just a computer in that it processes data, and quantum in the sense that it relies on the principles of quantum physics
Summary
There are multiple arenas where quantum computing will be employed, and we could not possibly envision or list all of them today. Speculate about a) various “problem types” quantum will approach differently, b) think about “humanitarian use-cases” too wicked for traditional computing to solve - that quantum computers will be able to attack, and c) envision “organizational use-cases” that traditional computing has been unable to crack. We illustrate the advancements through their impact on the energy sector (companies in the business related to the production and supply of energy) in order to provide more tangible examples and to showcase how quantum computing will become useful.
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