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Demystifying Quantum Computing: Road Ahead for Commercialization


ItemDate=2021-07-17 11:46:05 Status=publish

TopicTaglist=['G15']

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In the coming years quantum computers will likely far exceed the performance of today's supercomputers and as such will open entirely new opportunities for organizations. While few are currently generating revenue from quantum computing investments today the technology is at a critical juncture and starting to move from labs to commercial experiments. Early adopters of this technology will have an opportunity to gain a foothold in the market and emerge as a quantum leader. The below is a look at what CIOs and technology decision-makers need to know about quantum computing the impact it can have on an organization’s post-COVID digital transformation strategy and the early use cases where this emerging technology will have the biggest impact. What is Quantum Computing? As quantum computing technology is still at a very early stage it can be difficult to define or quantify. In the coming years quantum computers will likely far exceed the performance of today’s supercomputers and as such will open entirely new opportunities for organizations. Artificial intelligence: Accelerated computing driven by quantum technology can lead to faster more intelligent AI systems that can tackle large and complex problems at scale. For CIOs determining what the next steps for quantum computing are they must first consider the immediate use cases for their organization and how investments in quantum technology can pay dividends. For example for an organization prioritizing accelerated or complex simulations whether it’s for chemical or critical life sciences research like drug discovery the increase in computing performance that quantum offers can make all the difference. As many companies already put a lot behind R&D for other emerging technologies this can be a great way to play around with the idea of quantum computing and what it could mean for your organization. Quantum computing efforts must map back to a critical business or technology need not just for the short term but also


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