Which situation is a current example of a use case in quantum computing

Duncan Stewart Director of Research, TMT Duncan is the Director of TMT Research for Deloitte Canada, and is a globally recognized expert on the forecasting of consumer and enterprise technology, media & telecommunications trends. He presents regularly at conferences and to companies on marketing, technology, consumer trends, and the longer term TMT outlook. He also works with individual clients (across all industries) in assessing the impact of technological, demographic, and regulatory changes on their business strategies. Scott Buchholz Managing Director | Deloitte Consulting LLP As a leader and visionary in new and emerging technologies, Scott Buchholz helps clients use technology to transform their organizations, missions and businesses. He works across industries to provide actionable advice and insights to use technology to improve performance, effectiveness, and efficiency. Scott serves as the national emerging tech research director for Deloitte Consulting. He also leads efforts in exploration of quantum computing and related technologies, working to solve customer challenges with these advanced technologies. In his role as CTO for Deloitte Consulting LLP’s Government and Public Services practice, he works with government clients to use technology to innovate in their operations, technology and mission delivery. Ariane Bucaille Global Technology, Media & Telecom Industry Leader Ariane is the Global Technology, Media, and Telecommunications industry (TMT) leader. In...

Quantum computing’s giant-leap moment is still years down the road, but this technology is showing promising rewards—drug discovery, That’s because quantum computing, which leverages quantum physics to perform complex calculations at tremendous speed, can solve problems that are impossible or impractical for classical computers. BCG's quantum computing consultants help companies gain a competitive advantage as they consider where, and how, they can apply quantum advantage. Our Approach to Quantum Computing Consulting As quantum technology emerges from the lab, companies can turn innovation into impact by identifying—and delivering—practical applications. But quantum computing is not a plug-and-play technology. Companies will need time, and a plan, to build the necessary skills and navigate new resources. Our quantum computing consultants are well versed in the intricacies of Quantum Strategy and Vision. Winning with quantum computing means understanding where it fits within a business context. We help companies link the technology to the most relevant opportunities and pain points, identifying early wins while developing a roadmap for creating value as quantum technology matures. Quantum Resources. Already, companies can experiment with cloud-based quantum-computing power, simulators that run on laptops, and open-source quantum software development kits. We help companies navigate these new resources so that they can start exploring how to apply quantum technology to real-...

Eagle returned accurate answers every time. And watching how both computational paradigms performed as the simulations grew increasingly complex made both teams feel confident the quantum computer was still returning answers more accurate than the classical approximation methods, even in the regime beyond the capabilities of the brute force methods. The two were collaborating to test whether today’s noisy, error-prone quantum computers were useful for calculating accurate results for certain kinds of problems. And today, they’ve published the Nature. IBM Quantum and UC Berkeley have presented evidence that noisy quantum computers will be able to provide value sooner than expected, all thanks to advances in IBM Quantum hardware and the development of new The journal Nature featured the article “Evidence for the use of quantum computing before fault tolerance” on the cover of their June 15, 2023 issue. This work excites us for a lot of reasons. It’s a realistic scenario using currently available IBM Quantum processors to explore meaningful computations and realistic applications before the era of fault tolerance. Beyond just providing a proof of principle demonstration, we are delivering results accurate enough to be useful. The model of computation we explore with this work is a core facet of many algorithms designed for near-term quantum devices. And the sheer size of the circuits — And with the confidence that our systems are beginning to provide utility beyond classical ...

Recent development in quantum computing (QC), such as Google • Optimization • Research • Cryptography/espionage • Industry specific applications: Quantum computing is expected to have the most significant impact in finance, materials science and healthcare Companies like Google, IBM and Microsoft are taking the first steps into providing quantum computing platforms. Many other companies aim to lead pioneering research in their areas of specialization thanks to quantum computing. For example What is the timeline for quantum applications? IBM predicts quantum computing use cases to evolve over 3 horizons.: • Horizon 1: Applications in the next few years • Horizon 2: After stable but not optimally working quantum computers • Horizon 3: Beyond 15 years Source: Optimization Use Cases Optimization problems exist in all industries and business functions and some of these problems take too long to be solved optimally with traditional computers. 2 quantum approaches can be used to solve these problems: • • Universal quantum computers: They are capable of solving all types of computational problems. However, they will take longer to be commercially available as more research is required to increase their reliability Some optimization problems from various industries where some companies are investing in quantum computing rather than sub-optimal heuristics are listed below: • Automotive: • 1- Optimizing large autonomous fleets: For example, • Energy: • 2- Utilization prediction: Duba...

Recently, the popularity of using the expressive power of quantum computing to solve known, challenging problems has increased remarkably. This study aims to develop a clear understanding of the promises and limitations of the current state-of-the-art quantum computing use cases and to define directions for future research in this exciting field. In this regard, we present a literature survey of some of the dedicated work done by researchers in the quantum field. This paper intends to bridge the gap between computer professionals and non-physicists by offering the conceptual and notational information that segregates quantum computing from conventional computing. Subsequently, an attempt has been made to survey existing applications, technological advancements, and contemporary challenges associated with quantum computing. • Paetznick A, Svore KM (2014) Repeat-until-success: Non-deterministic decomposition of single-qubit unitaries. Quantum Inf Comput 14:15–16 • Copsey D, Oskin M, Metodiev T, Chong FT, Chuang I, Kubiatowicz J (2003) “The effect of communication costs in solid-state quantum computing architectures,” Annu. ACM Symp. Parallel Algorithms Archit., pp. 65–74, doi: • Shi-man X, Xin-zhi S (2012) The Building and Optimization of Quantum Database. Phys Procedia 25:1602–1609. doi: • Feynman RP (1982) Simulating physics with computers. Int J Theor Phys 21(6):467–488. doi: • Zhang D-B, Yuan Z-H, Yin T (2006) “Variational quantum eigensolvers by variance minimization,” ...

Quantum Computing getty The world of computing has witnessed seismic advancements since the invention of the electronic calculator in the 1960s. The past few years in information processing have been especially transformational.What were once thought of as science fiction fantasies are now technological realties.Classical computing has become more exponentially faster and more capable and our enabling devices smaller and more adaptable. We are beginning to evolve beyond classical computing into a new data era called quantum computing.It is envisioned that quantum computing will accelerate us into the future by impacting the landscape of artificial intelligence and data analytics. The quantum computing power and speed will help us solve some of the biggest and most complex challenges we face as humans. The research firm Gartner succinctly describes quantum computing as: “[T]the use of atomic quantum states to effect computation. Data is held in qubits (quantum bits), which could hold all possible states simultaneously. Data held in qubits is affected by data held in other qubits, even when physically separated. This effect is known as entanglement.”In a simplified description, quantum computers use quantum bits or qubits instead of using binary traditional bits of ones and zeros for digital communications. Superposition.Quantum objects can be in more than one state at the same time, a situation depicted by Schrödinger’s cat, a fictional feline that is simultaneously alive a...