Covering Disruptive Technology Powering Business in The Digital Age

October 2023 Special Focus: Quantum Computing: Is the Future Already Here?
November 1, 2023 Library


Quantum Computing: Are We Ready?

Quantum computing, once relegated to the realm of science fiction, has rapidly evolved from a fantastical concept into an achievable reality within the span of a few decades. Recent technological advancements have brought quantum computing within practical reach, dispelling the notion that it exists solely within the realm of fiction or distant dreams.

In 1998, quantum computing was pioneered by a collaboration between Isaac Chuang from the Los Alamos National Laboratory, Neil Gershenfeld from the Massachusetts Institute of Technology (MIT), and Mark Kubinec from the University of California at Berkeley. Today, quantum computing has rapidly emerged as a prominent technology, joining the ranks of Artificial Intelligence, Machine Learning, and Big Data Analytics as a key technological advancement.

Quantum computing leverages the principles of quantum mechanics to perform computations, offering the capability to tackle intricate problems that transcend the capabilities of classical computing. This is achieved through the utilisation of quantum bits (qubits) and their quantum states. Given the intrinsic quantum nature of the physical world, quantum computing stands as an invaluable tool for addressing complex real-world challenges, ranging from unravelling the mysteries of the cosmos to solving intricate energy dilemmas.

While the potential of this technology is within our grasp, its widespread deployment and full realisation of benefits are hindered by current technological limitations. Nonetheless, pioneering companies and research institutions, including IBM, Google, and Microsoft, are actively addressing and overcoming these challenges.

This leads us to a pivotal inquiry: What is the current state of maturity in quantum computing? Furthermore, as commercialisation approaches, how will it reshape the business landscape?

Within the pages of this e-book, we delve into the potential transformations that quantum computing may usher in, while also evaluating our readiness for the impending quantum computing era, which is fast approaching.

We hope that you will find this e-book both engaging and informative.