Sectors where Quantum Computing will generate more business value in the short and medium term

Quantum Computing

Going beyond the classic computer

Quantum Computing is an application of quantum physics that has great potential when applying it to companies. Quantum Computing uses qbits. Qbits are the smallest unit of information in quantum computers. Theese machines have processors with a power impossible to simulate by standard computers. In which sectors will we see Quantum Computing?

The applications of these computers are multiple: materials engineering, chemistry, natural sciences … All those processes in which the constituent models are atoms and molecules can be studied thanks to Quantum Computing. So how can this help my business?

Large companies, often supported by startups, are trying to renew their business models through new technologies, and at this moment some of these companies are applying Quantum Computing. This technology uses components that are nano-sized, tiny and undetectable by the eye, and they allow us to respond to great challenges in a matter of hours or days while it would take years to find the same solution through traditional computing.

While a basic bit contains a binary value of 0 or 1, the qbit can contain both values ​​at the same time, which is known as an overlap, and allows multiple options to be processed simultaneously. This ability to process information allows you to recreate different scenarios with this technology while offering infinite solutions to the problems that arise.

Business sectors using quantum computing

Currently, the utilities of quantum computing are no more than prototypes in most cases, but this technology will be revolutionary when it comes to optimizing processes and predicting models. Let’s take a look at some examples of sectors where they are already using quantum hardware to solve problems.

Telecommunications

Telecommunications companies are conducting pilot tests on the application of quantum cryptography. This companies will offer a new model of safer communication services to customers in the future.

Cryptography encompasses the way communications are currently encrypted to protect them from hackers. Security in communications is one of the fields in which we can obtain more utility thanks to Quantum Computing.

Materials engineering

Companies like the Spanish “Quilimanjaro” have created cooled metal circuits that behave like superconductors, which gives them the ability to process a large amount of information. One of his first jobs has been the installation of a refrigerator that generates temperatures below 200 degrees, which allows stability to quantum processing.

This allows us to respond to classic problems that traditional computing cannot solve. The investigation also opens the study of new materials.

Cybersecurity

Like any innovation, there is the possibility that its misuse could pose a problem for our security. A quantum computer could be able to decipher the code messages that devices send between them today, so we need specialists in quantum algorithms to prevent that from happening.

There are already initiatives in the field of computational security. They are based on cryptographic models such as those we have discussed in the telecommunications sector. This reinforces the importance of the interconnection of quantum mechanics and the different sectors of activity.

Finance

Quantum computers are going to produce incalculable changes in the financial sector. In fact, it is undoubtedly the sector that is going to benefit the most from this type of computing.

Companies like Multiverse Computing are developing tools that take care of economic and business aspects to apply them to companies. Quantum computers have the ability to analyze variables and offer solutions with unmatched power. A quantum computer can do things that were previously unthinkable. Things such as predicting economic crises before they occur would be possible thanks to Quantum Computing.

Other sectors

The health, environmental and automotive sectors will also be affected by quantum processing, especially thanks to the interconnection with other technologies, such as Artificial Intelligence and Machine Learning. We can see it in cases like the Case Western Reserve University, which relies on the foundations of this computation to improve the efficiency of its MRI devices.

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