Quantum computing, unlike classical computing which uses binary sequences of 0s and 1s, uses quantum bits or qubits. These can store both 0 and 1 simultaneously which means that quantum computers can process massive amounts of parallel computations at the same time.
Currently, Google has the largest quantum computer processor so far which has 72 qubits. However, it will still be several more years until quantum computers are commercially available. Only a few companies are offering quantum computing as a service so far: IBM, Rigetti and D-Wave.
In Denmark, Microsoft has opened a Quantum Materials Lab which aims to build scalable quantum computers in partnership with DTU and the University of Copenhagen.
There are many reasons for multiple industries to be excited over quantum computing. Companies in financial services, logistics, pharmaceutical and biotech research would benefit greatly from quantum computing because they require highly complex processes with large quantities of data input and require results in seconds.
These technologies could also be applied in traffic pattern analysis, weather forecasting, cryptography, and other big optimisation problems.
Are you curious about how quantum computing will disrupt your industry? Contact Troels Steenstrup Jensen for more information.