Value of quantum computing uncertain for at least 10 years – research

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Significant obstacles will challenge quantum computing developers in the coming years, despite the technology’s increasing importance as part of the broader wave of digital transformation, according to  Lux Research.The research firm says over the next 10 years, it is uncertain if quantum computing will consistently outperform today’s supercomputers for useful business-related problems, if at all. 

In the new report Preparing for Quantum Computing, Lux Research looks at what businesses need to know about quantum computing, including why it is better, when it will become available, and how a company should engage with it.

“As innovation continues to accelerate, quantum computing has become an increasingly important technology to monitor as part of the broader wave of digital transformation. Quantum computing aims to solve complex problems that are impossible to address with todays supercomputers and has strong potential across multiple industry sectors, including pharma, energy, finance, logistics, manufacturing, and materials,” the company says.

“Today’s supercomputers tackle difficult problems including weather modelling, genomic analysis, and computational fluid dynamics, but even the best supercomputers will always be limited in specific areas,” says Lux Research lead report author Lewie Roberts. 

“They are still unable to handle some important problems in areas like chemical product design, …

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