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Quantum Computing’s Time is Coming

11
July
,
2022
Doug Finke

Doug Finke writes about the state of the quantum industry in a recent publication in the Quantum Computing Report.

Although the current generation of quantum computers are not yet powerful enough to surpass the capabilities of classical computer for commercially relevant applications, quantum technology is advancing very rapidly, and we do expect that a few quantum applications to become viable in the next 2-3 years. Many companies are seeking a competitive advantage in their industry by initiating quantum programs now in order to get familiar with the technology and take advantage of it when the more powerful processors are available. A study last year of over 500 corporate managers by Classiq, a quantum software company, found that 89.8% believe IT departments should have a budget specifically for quantum computing technologies, and 61.9% report that their company has already allocated a budget for quantum computing.

Read the full article here.

Doug Finke writes about the state of the quantum industry in a recent publication in the Quantum Computing Report.

Although the current generation of quantum computers are not yet powerful enough to surpass the capabilities of classical computer for commercially relevant applications, quantum technology is advancing very rapidly, and we do expect that a few quantum applications to become viable in the next 2-3 years. Many companies are seeking a competitive advantage in their industry by initiating quantum programs now in order to get familiar with the technology and take advantage of it when the more powerful processors are available. A study last year of over 500 corporate managers by Classiq, a quantum software company, found that 89.8% believe IT departments should have a budget specifically for quantum computing technologies, and 61.9% report that their company has already allocated a budget for quantum computing.

Read the full article here.

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