/Quantum computing companies to see real-world use cases in 2022

Quantum computing companies to see real-world use cases in 2022

Key point: According to a survey report, 69% of of global enterprises have already adopted, or plan to adopt, quantum computing in the near term.

Original author and publication date: Aaron Raj – January 11, 2022

Futurizonte Editor’s Note: Quantum computer is real. Perhaps it will help us to create a real virtual world for us to live in.

From the article

Quantum computing is finally making its presence felt among companies around the world. Over the last few years, companies have shown interest in quantum computing but often couldn’t make definitive decisions on using the technology, as there was not enough research on its practical applications beyond the theoretical.

Nevertheless, 2021 has been a remarkable year for the quantum computing industry. Not only has there been more research on the potential use cases for the technology, but investments in quantum computing have shot up globally to boot.

While the US and China continue to compete with each other for supremacy in this evolving branch of computing, other countries and organizations around the world have slowly been playing catch up as well.

2022 is expected to be the year whereby companies can start seeing quantum computing breakthroughs that could result in practical uses.

According to the first annual Enterprise Quantum Computing Adoption Report by Zapata Computing, 69% of global enterprises have already adopted, or plan to adopt quantum computing solutions in the near term. The report, which involved over 300 leaders at large multinational enterprises, also showed that 74% of them agreed that those who fail to adopt quantum computing will fall behind.

The driving motivator behind quantum computing’s adoption is that the technology is poised to deliver better business performances and results. In fact, some companies are already on the way to an advantage, with 12% of early and advanced quantum adopters expecting to achieve some form of competitive advantage within the next year; and 41% expecting some form of competitive advantage within two years.

Not surprisingly, American companies report being the closest to a competitive quantum advantage, with 12% of enterprises that have started on the path to quantum adoption expecting to achieve an advantage within one year, if they haven’t already. Meanwhile, Germany is the most bullish on achieving a competitive advantage with quantum computing, with 44% of German respondents predicting an advantage within two years, followed by Canada at 38%, the UK and Australia at 33% each, and the US at 31%.

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