Explore 7 future potential quantum computing uses | TechTarget (2024)

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Part of:Quantum computing in the data center

Organizations stand to benefit from the compute power of quantum computing as it develops. The tech has potential uses in supply chains, financial modeling and other areas.

Organizations that use the power of quantum computing could help humanity solve some of the world's biggest problems and make breakthroughs in critical areas, from drug research to global agricultural and beyond.

But how close are we to a future where quantum computing is mainstream, and how can data centers prepare for that future? Many of quantum computing's uses are either experimental or hypothetical at the moment, as we're still in the early stages of learning how to implement quantum computing on a mass scale, but as the technology develops, organizations should not ignore how they can use it.

Potential uses for quantum computing

Classical computing processes data in a binary space, which limits the volume of data it can handle and the decisions it can produce. This is also known as serial processing. Quantum computing, however, uses multidimensional processing.

Serial processing checks every combination of that data one at a time to arrive at the correct result. Multidimensional processing is layered, unlike the binary approach of serial processing that uses bits. This accelerates the delivery and accuracy of computations and enhances the diversity of the results. In short, quantum computing can deliver better quality results faster.

Here are several practical applications of quantum computing we could see in the future:

  • AI and machine learning (ML). The capability of calculating solutions to problems simultaneously, as opposed to sequentially, has huge potential for AI and ML. Organizations today use AI and ML to discover ways to automate and optimize tasks. When used in combination with quantum computing, optimization can happen much faster and at scale, especially when processing and analyzing highly complex or even unstructured big data sets.
  • Financial modeling. With the modeling capabilities of quantum computing, financial organizations could use the technology to better model the behavior of investments and securities at scale. This could help reduce risk, optimize large-scale portfolios and help financial organizations better understand the trends and movements of the global financial economy.
  • Cybersecurity. Quantum computing could have a direct impact on privacy and encryption. Given the rapidly evolving nature of the cybersecurity landscape, quantum computers could help keep­­ data encrypted while in use, providing both in-transit and at-rest protections.
  • Route and traffic optimization. Optimal route planning is key to smooth supply chain logistics and transportation. The biggest challenge is harnessing all the real-time data -- from changing weather patterns to traffic flow -- that affects this planning. This is where quantum computers can excel. They could process all that data in real time and adjust routes for an entire fleet of vehicles at once, putting each on the optimal path forward.
  • Manufacturing. Quantum computers can run more accurate and realistic prototyping and testing. In the manufacturing space, this could help reduce the cost of prototyping and result in better designs that don't need as much testing.
  • Drug and chemical research. Quantum computers can create better models for how atoms interact with one another, leading to a superior and more precise understanding of molecular structure. This may directly impact drug and chemical research and impact the way new products and medicines are developed. The predictive power of quantum computers could also provide foresight into how chemical compounds and drugs would develop, evolve and interact with other elements over time.
  • Batteries. Quantum computing could help manufacturers better understand how to incorporate new materials into products such as batteries and semiconductors. This could provide more insight into how to optimize batteries for longevity and efficiency. Quantum computing can also help manufacturers gain a better understanding of lithium compounds and battery chemistry. For example, quantum computing could tap into and understand how the docking energy of proteins works, which results in better batteries for electric vehicles.

How data centers can adapt as quantum computing becomes mainstream

It will take time before organizations can apply quantum computing in their operations on a wider scale -- anywhere from five to 10 years at the earliest -- but it's never a bad idea to keep an eye on trends and advancements in the space as the tech develops. Data center admins should already track disruptive trends to stay one step ahead of the curve, but this goes doubly for quantum computing. Watch the thought leaders in the space, and take note of risks and opportunities.

Data centers and administrators can also partner with quantum computing players or recruit quantum computing talent to prepare. The latter is especially worthwhile right now, as even a few quantum experts can help organizations explore potential uses. They can also track industry developments and identify opportunities where quantum computing can be beneficial.

Finally, when it comes to tech, data centers should focus on further digital transformation. Continue building out digital infrastructure and scaling data sets with an eye toward eventually transitioning to or adopting quantum computing workflows in some capacity. When it's feasible to invest in the hardware and expertise needed, organizations can then get quantum computing up and running sooner rather than later.

A future built on quantum computing is a promising one, in which we can solve some of humanity's greatest problems faster, more efficiently, more accurately and at a greater scale. When we get to that future is the real question as we work to enhance and scale our current quantum capabilities.

Next Steps

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Part of: Quantum computing in the data center

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Explore 7 future potential quantum computing uses | TechTarget (2024)

FAQs

What are the future uses of quantum computing? ›

QC can be tailored to address the unique challenges faced by India across sectors. For instance, in the pharmaceutical industry, quantum computers can be used to revolutionise drug discovery, enabling more accurate simulations of molecular interactions and accelerating the identification of potential drug candidates.

What are quantum computing used for? ›

Quantum computing can improve research and development, supply-chain optimization, and production. For example, you could apply quantum computing to decrease manufacturing process–related costs and shorten cycle times by optimizing elements such as path planning in complex processes.

What is the potential for quantum computing? ›

With their ability to run more efficient algorithms, quantum computers have the potential to take a more direct path — but because they have slower processing speeds, it could actually take longer to solve the problem.

Is there an ETF for quantum computing? ›

Defiance Quantum ETF

The underlying index of this quantum computing and machine learning ETF is called the BlueStar Quantum Computing and Machine Learning Index (BQTUM).

What is the future of quantum computing in 2030? ›

Insights from McKinsey suggest that by 2030, we could see as many as 5,000 operational quantum computers. However, the necessary hardware and software to tackle the most complex problems are not expected to be fully mature until 2035 or later.

Where will quantum computers be used? ›

But a recent study suggests that quantum computers will be able to simulate quantum phenomena of interest to several industries well before they can make headway in those other applications. “The commercial impact of solving quantum systems is in chemistry, material science, and pharma,” Troyer says.

What is the real application of quantum computing? ›

Quantum computers can create enhanced models that reveal how atoms interact, leading to a better understanding of molecular structures. This advancement is crucial for drug and chemical research, potentially revolutionizing the development of new medicines and products.

What are quantum technologies used for? ›

Quantum sensing technologies have a broad range of applications, including healthcare and medical research, environmental monitoring, construction, energy, navigation, and defense. They are resistant to electromagnetic interference and jamming.

What is the future market of quantum computing? ›

The global Quantum Computing Industry size is expected to grow from USD 717.3 million in 2022 to USD 6,528.8 million by 2030, at a Compound Annual Growth Rate (CAGR) of 32.1% during the forecast period.

How will quantum computing change society? ›

Complex problems that currently take the most powerful supercomputer several years could potentially be solved in seconds. Future quantum computers could open hitherto unfathomable frontiers in mathematics and science, helping to solve existential challenges like climate change and food security.

What will quantum computing unlock? ›

Quantum computing has the potential to revolutionize industries by making the impossible possible. In medicine, it could lead to breakthroughs in understanding complex molecules, paving the way for new drugs. In finance, it could optimize trading strategies and risk management by analyzing market data in real time.

How to make money with quantum computing? ›

You can profit from that growth by investing in the startups or Big Tech firms building quantum computers, or by investing in firms that manufacture the components. Alternatively, you could invest in sectors set to benefit from the advent of quantum computing, like Big Data, biotech, and cybersecurity.

Is the US government investing in quantum computing? ›

Government Funding

Attendees noted that the U.S. government's procurement of quantum technology remains low, stressing the need for increased support, especially given China's significant investment in the field.

Which company has built a quantum computer? ›

In 2023, IBM unveiled the IBM Quantum System Two, the world's first modular utility-scale quantum computer system, which aims to act as a building block for quantum supercomputing.

What can quantum computers do in 2024? ›

Quantum computers have the potential to solve complex problems in human health, drug discovery, and artificial intelligence millions of times faster than some of the world's fastest supercomputers. A network of quantum computers could advance these discoveries even faster.

What is the future timeline for quantum computers? ›

2030+ Deliver quantum-centric supercomputers with 1,000's of logical qubits. Beyond 2033, quantum-centric supercomputers will include thousands of qubits capable of running 1 billion gates, unlocking the full power of quantum computing.

What next after quantum computing? ›

We expect to see a transition from the era of noisy devices to small devices that can sustain computation through active error correction. Another is the advent of post-quantum cryptography. This means the establishment and adoption of cryptographic standards that can't easily be broken by quantum computers.

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