FOR
: PS RISE
Quantum adoption is closer to reality than we think . What should IT leaders be doing to prepare their organisations for these new capabilities ?
WRITTEN BY : ALEX TUCK
Investment in quantum technologies will grow from US $ 412mn in 2020 to US $ 8.6bn by 2027 , according to research firm IDC . Organisations that get started now will have a significant competitive advantage over those that continue to wait until quantum computing is a proven technology . Nevertheless , the complexity of quantum hardware and software development are forcing organisations to invest significantly in elite quantum expertise just to explore quantum-possible use cases for their potential business value .
Gordon Davey is Cloud Services ( Microsoft ) General Manager at SoftwareONE , a leading global provider of end-to-end software and cloud technology solutions .
Davies said : “ Quantum technologies within enterprises are expected to take off over the next five years , with forecasts estimating that the market will eventually be worth anywhere between $ 500mn to $ 29bn , according to IBM . The development of quantum computing is speeding up , and technology firms are partnering up with businesses to work on bringing out the first commercial applications . A great example of this is Goldman Sachs , who recently assembled a ‘ full team dedicated to quantum computing ’, and JP Morgan , who is now looking to implement the use of quantum computers as well . Additionally , Willis Tower Watson has also partnered up with Microsoft to develop the potential of quantum computing .”
Computing at the speed of light Richard Murray is Co-Founder and CEO at Orca Computers . According to Murray , today ’ s computers and data centre architectures have enabled the current digital revolution , which has impacted – and continues to impact – all industrial sectors .
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