Quantum computing will revolutionize industries by solving problems that are currently out of reach for classical computers. As the technology matures, several business applications are emerging across different sectors. Here are some areas where quantum computing is making an impact.

Optimization

Optimization problems are common in the big industrial companies. Quantum computing excels in this field already today.

Freight Planning and transportation

Some quantum computer company (or maybe many of them) listed freight planning a important business case.

Finding the most efficient routes will be one of the first business applications for quantum in transportation and logistics.

Pricing Financial Instruments

Financial markets rely heavily on accurate pricing of complex instruments. Quantum computing can improve risk assessment and pricing models by simulating market behaviors and financial derivatives more effectively than classical systems.

Machine Learning

Quantum has the potential to accelerate machine learning workflows. Quantum states can encode complex data structures more efficiently, enabling advancements in pattern recognition, optimization, and time series analysis.

Simulation of Quantum Systems

Simulating quantum systems is naturally suited for quantum computers.

Graph Databases

Some quantum processing technologies allow organizing the qubits freely in a 3D space. Can’t remember if this was actually QuEra’s idea me just personally thinking about it, but maybe this would enable physical graph databases. These databases can benefit from quantum algorithms when solving problems related data with complex networks.

Data Storage Limitations

Currently, quantum state can hold only seconds or minutes max. What if we can create persistent quantum state storages?

This would obviously makes possible many things I can’t even think about yet. But one quite basic innovation would be massively more efficient hard drives than the ones today.

Quantum Communication

You can search more by “china quantum communication satellites”. I first thought it would be some kind telepathy, but apparently it is mostly about strongly encrypting the messages.

Dystopic future views

Building quantum computers requires control at the atomic level. Currently, we can manipulate only a few dozen atoms. However, as technology advances to control larger groups of atoms, even objects visible to the naked eye, the implications become both fascinating and concerning.