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It's Time to Establish a Quantum Computing Strategy, Study Suggests

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There's little disagreement about the value of quantum computing among those responding to Classiq's survey: 98.6% of respondents "believe that quantum computing is a necessity or is important to advance technology performance," the report said.

Credit: Sakkmesterke/Getty Images/iStockphoto

A study of IT leadership suggests that not only are businesses ready for quantum computing,  many have already allocated a budget for future quantum computing projects. What this means, the report concludes, is that competitive organizations can't afford to ignore quantum computing any longer.

For those unfamiliar with the term, quantum computing is an emerging field of computer science that ditches binary data bits (able to be either 0 or 1) in favor of qubits, which can be both 0 and 1 at the same time, have values between 0 and 1 and even use superdense coding to encode two separate bits of binary data onto one qubit.

Quantum computers are designed to solve problems that standard computers would be unable to solve in a practical manner. It's debatable whether or not quantum computers have become practical tools for most modern businesses, but vendors like Honeywell and IBM are making regular progress toward quantum supremacy (the point at which quantum computers are able to solve problems regular computers cannot).


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