Commercial applications of quantum computing

Despite the scientific and engineering challenges facing the development of quantum computers, considerable progress is being made toward applying the technology to commercial applications. In this article, we discuss the solutions that some companies are already building using quantum hardware. Fra...

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Bibliographic Details
Published inEPJ quantum technology Vol. 8; no. 1; p. 2
Main Authors Bova, Francesco, Goldfarb, Avi, Melko, Roger G.
Format Journal Article
LanguageEnglish
Published Berlin/Heidelberg Springer Berlin Heidelberg 01.12.2021
Springer Nature B.V
Subjects
Algorithms
Combinatorial analysis
Combinatorics
Commentary
Cybersecurity
Encryption
Nanotechnology and Microengineering
Physics
Physics and Astronomy
Quantum computers
Quantum computing
Quantum Information Technology
Quantum Physics
Special Issue on Quantum Industry
Spintronics
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Summary:Despite the scientific and engineering challenges facing the development of quantum computers, considerable progress is being made toward applying the technology to commercial applications. In this article, we discuss the solutions that some companies are already building using quantum hardware. Framing these as examples of combinatorics problems, we illustrate their application in four industry verticals: cybersecurity, materials and pharmaceuticals, banking and finance, and advanced manufacturing. While quantum computers are not yet available at the scale needed to solve all of these combinatorics problems, we identify three types of near-term opportunities resulting from advances in quantum computing: quantum-safe encryption, material and drug discovery, and quantum-inspired algorithms.
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ISSN:2662-4400
2196-0763
2196-0763
DOI:10.1140/epjqt/s40507-021-00091-1