The era of quantum computing is here
Quantum computers have long stopped being merely a topic of research. In recent years, industry and politics have paid ever-closer attention to this ground-breaking technology. Leading technology companies, research institutions and start-ups are investing billions in research and building of quantum computers. The new computing generation is based on the laws of quantum mechanics and far surpasses conventional supercomputers in many application areas. The first use cases can be tested on quantum computers thanks to the access through the cloud. For visionary companies, the time has come to prepare for the new era.
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“We will support you in taking on a pioneering role in the market, and in already laying the groundwork for the future employment of computing power on a completely new scale.”
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How quantum computers are being used
Quantum computers are smashing through the current technological limits in many areas and opening unimagined possibilities in numerous areas.
Quantum optimization
During optimization, the best solution for a problem is found from a series of possible options, while the desired result and any limitations must be taken into account. With their enormous computing power, quantum computers are especially well suited to mathematical optimization problems that even “conventional” supercomputers are unable to solve. Potential applications range from the optimization of supply chains through the portfolio optimization of financial services to the development of intelligent electricity grids.
Quantum simulations
Quantum computers offer undreamt-of potential in simulation technology in particular. Efficient quantum algorithms enable the simulation of materials or (bio-)chemical processes at speeds over 100 million times faster than conventional computers. This has a wide range of applications, for example in pharmaceutical or materials development, in industrial processes, in data processing and in the energy sector.
Quantum security
For security, quantum computers have begun a new era. Cryptographic procedures such as the widely-used RSA encryption are becoming vulnerable. Post-quantum cryptography is therefore researching encryption methods for the era of quantum computing.
“Quantum computing will fundamentally transform the approach taken to perform complex calculations and design simulation and forecasting models. The required technical implementations for quantum effects are already in a useable state of development today.”
How we can help you
- Exploration
- Blueprint
- Ecosystem
- Application
- Security
Exploration
We will work with you to develop a purposeful strategy
What strategic relevance have quantum computers for your organization? What business potential is there behind quantum computers? In what direction is the market developing? At what stage of maturity is your organization? What are the costs, and what will the benefits be for you? We will work together with you to investigate the potential of the new technology for your company, and we will develop a strategy with which you can achieve your goals.
Quantum computing
Quantum computers are far superior to conventional supercomputers in numerous areas of application. For companies with a vision, now is the time to tap into the business potential of this technology. We will assist you in taking on a pioneering role within the market and in charting your course today – so that you can harness computing power that will be on a whole new level tomorrow.
Selected industries with a quantum computing focus
Automotive industry
Electric vehicles only have a limited range today. Quantum computers offer enormous optimization potential here. Molecular simulations and quantum algorithms are expected, for example, to help to achieve new breakthroughs in the development of battery technologies, leading to longer ranges. Computers operating on the basis of qubits rather than bits will therefore play a key role in the ongoing development of electro mobility.
Newsletter: Quantum Computing
We are excited to bring you the latest news and insights in the rapidly advancing field of quantum computing. Whether you're a seasoned quantum expert or simply curious about this cutting-edge technology, we aim to provide informative and engaging content that will keep you up to date with the latest developments and breakthroughs at PwC.
“Quantum computers herald a new era in the world of information technology. Those who can recognize the opportunities and risks for their own company at an early stage will be able to carefully position themselves as a pioneer.”
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Quantum Computing Algorithms & Applications, Risk Modelling, PwC Germany
Quantum Computing Driver Financial Services, Financial Services Advisory, PwC Germany