Technology report

Quantum Technologies

From emulation to business applications of quantum technologies: how companies can start working with quantum computing today

Few technologies generate as much expectation as quantum computing. It is still maturing and, apart from a few highly specific experiments, it does not yet outperform conventional computers on real-world problems. But the debate is no longer about whether it will become viable, but when and how it will be integrated into business processes.

Most major manufacturers expect the first computers capable of correcting their own errors to arrive towards the end of this decade. Europe and Spain have launched specific strategies for quantum technologies and, according to McKinsey, quantum computing could generate up to $2.7 billions in economic value by 2035. In this context, the immediate challenge is not to own a quantum computer, but to learn how to formulate problems in quantum language, validate use cases, and train teams.

The technology report “From emulation to business applications of quantum technologies: how companies can start working with quantum computing today” explains the fundamentals of quantum computing and its current state, details where and how it can deliver value to businesses, and provides the keys to start working with quantum computing today through practical examples and real-world use cases.

Table of contents

1. Introduction: why now?

2. Quantum computing and its current state

2.1 The qubit, the foundation of quantum computing
2.2 What quantum advantage means and where we stand
2.3 Quantum computing models and how to access them

3. Business applications of quantum computing

3.1  Optimization: solving problems with many possible combinations
3.2 Quantum Machine Learning: Classification and Prediction Using Complex Data

4. The quantum ecosystem: from Europe to the QuantIA Lab

5. Benefits and opportunities for businesses

6. Future trends and challenges

6.1 Trends and milestones
6.2 Key challenges

7. Conclusions

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From emulation to business applications of quantum technologies: how companies can start working with quantum computing today

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