Quantum computing technology is advancing rapidly, and is on track to enable solving more complex business problems through enhanced optimisation, machine learning and simulation, according to a report released at Investopia summit.
Tractica LLC, a market intelligence firm, revealed that spending on quantum computing will surge from US$260 million in 2020, to US$9.1 billion by 2030.
“In order to solve real-world business problems at scale, the management of quantum computing must shift toward information technology (IT) services that are integrated into the enterprise infrastructure,” the report said. “Ideally, this business-centric, IT-driven approach will use a modern consumption model that is abstracted from the underlying hardware and fully integrates with enterprise services and data sources.”
90 percent of organisations will partner with consulting companies or full-stack providers to accelerate quantum computing innovation through 2023, according to Gartner.
The first Investopia investment summit, which was held during World Government Summit (WGS2022) last week, convened decision-makers, private sector leaders, social institutions, and investment companies from all around the world to explore new economic models for the post-pandemic era.
