Able to perform far beyond the capability of conventional computers – quantum computers allow calculations to be undertaken simultaneously rather than sequentially, enabling complex optimisation problems and simulations to be calculated in seconds rather than years. Quantum computing offers many possibilities – but understanding its potential and gauging if and when to invest is a challenge.
Predicting the impact quantum computing can have on your business, and pinpointing where quantum computing is today are fundamental questions for any organisation. For early quantum computing pioneers and those who have chosen to be bystanders the path is clear. But for those planning to adopt this exciting new technology, deciding when and how to invest are crucial decisions.
Quantum Computing
Are you aware of the possibilities this technology can provide your business?
What you need to know
What do companies use Quantum Computing for?
For engineering businesses this will mean the opportunity to simulate many more design concepts to find solutions that deliver lower costs, better efficiencies, and reduced environmental impact. For asset managers balancing portfolios will be quicker, more effective, and more cost effective than ever before. Pharmaceutical companies will be able to develop drugs with ever better patient outcomes. Security services will crack codes in the blink of an eye. And logistics businesses will plan routes that reduce costs and lower emissions.
What is Quantum Computing useful for?
These are early days for quantum computing and no one knows exactly what it promises for the future. What we can be sure of is that it will be impactful and far-reaching.
Quantum computing is already transitioning from the realms of academia to a stage where new experts are beginning to gather knowledge and open-up access. The cost of ownership is still prohibitively high, but opportunities to rent time and space are increasing and offering the opportunity to build first-hand understanding of what quantum computing can do. That’s why we are keeping a watchful eye on its development and playing an active role in understanding its potential.
How will Quantum Computing impact businesses?
Quantum computing has the potential to change the game in many industries. It will do this by quantifying more opportunities, modelling more scenarios, and exploring more outcomes in a way that’s quicker and more efficient than ever before.
From accelerating the aviation sector’s quest for net-zero by enabling multiple engineering simulations, to allowing asset managers to rebalance portfolios more quickly, accurately and cost effectively, to pharmaceutical companies modeling drugs with ever better patient outcomes, to logistics businesses planning routes that are both lower cost and lower carbon. We are only just scratching the surface of the potential quantum computing holds.
Understanding quantum computing could be the difference between business obsolescence and commercial success.
Leading the debate
Watch highlights of L.E.K. Consulting Partner & Disruptive Analytics Lead Stuart Robertson’s contribution to the AI Summit London 2022.
A new paradigm or a false dawn?
As quantum computing moves from out-side expert service to in-house expertise, we can help plan the resources and talent you need and achieve the new levels of profitability and new revenue streams it promises.
For investors, quantum computing is a big opportunity, with almost $10 billion of investment flowing into its development in October 2021 alone. For governments it offers the chance to invest in an area that will create long-term competitive advantage. And for businesses, making quantum computing part of your strategy means capitalising on an exciting future and avoiding the significant commercial threat of ignoring this game changing technology.
Download the Executive Insights
To start a conversation about what quantum computing means for you please download our Executive Insights on Quantum Computing and get in touch to discuss how we can help you achieve the new levels of profitability and new revenue streams it promises.