November 25, 2024
Quantum computing holds the promise of transforming industries, from pharmaceutical simulations and materials science to financial calculations, battery research, and fuel cell research. By leveraging quantum bits (qubits), these advanced systems could one day solve complex problems exponentially faster than classical computers. However, despite the hype, practical, large-scale quantum computer development is still years away due to challenges in error-corrected qubits, qubit stability, and the need for entirely new quantum software paradigms.
To bridge this gap, researchers are experimenting with noisy intermediate-scale quantum (NISQ) systems, but fully operational, error-corrected quantum systems remain in development. Companies that begin exploring quantum technology now will be better positioned to harness its capabilities when it becomes commercially viable.
How can industries prepare for the quantum revolution? Read more to find out.