Technology

Prepare for the quantum impact

January 22, 2021

RESEARCH REPORT

In brief

Spending on quantum computing will surge from $260M in 2020 to $9.1B by 2030, according to Tractica report.
Enterprises should start preparing now as the technology continues to mature; waiting until quantum computing is mainstream will be too late.
Learn the four initial steps to help plan your quantum innovation journey and find ecosystem partners to accelerate it.

The quantum revolution is here

Quantum computing technology is advancing rapidly, on track to enable vastly more complex business problems that can be solved through enhanced optimization, machine learning and simulation.

This is bringing transformation potential to multiple industries, making it possible to discover new remedies in life sciences, improve wealth management scenarios in financial services, reroute supply chains in real time and more. However, a haphazard enterprise approach to quantum—such as researching only a single use case or proceeding without a cohesive strategy—yields exactly what you would expect: innovative sparks with no lasting business value.

Quantum computing stands to be one of the most disruptive technologies of all time, and competitive advantage will depend on who can leverage quantum to solve key business problems and generate important insights.

Respondents to a 2020 IDC survey about quantum adoption shared where they are focusing their attention, saying they are using or plan to use the following:

65_%

Cloud-based quantum computing

45_%

Quantum algorithms (including simulators, optimizations, artificial intelligence, machine learning and deep learning)

44_%

Quantum networks

40_%

Hybrid quantum computing

*IDC, Quantum Computing Adoption Trends: 2020 Survey Findings, February 2020

Accelerate your quantum journey

The quantum-fueled future will arrive with a sudden and rapid shift. Prepare your business now and take advantage of the growth potential the technology will provide as it continues to mature. Technology that has extreme disruption potential has historically proven to change the competitive landscape nearly overnight. Fast-track your journey with a cohesive strategy—including relevant use cases, an innovation roadmap, hardware/software partnerships and skilled talent—to gain an advantageous position for the quantum future.

The right innovation partner can help accelerate your journey with established ecosystem relationships across hardware, software, middleware and cloud-based service providers, as well as various types of quantum technology.

To solve real-world business problems at scale—in financial portfolio optimization, manufacturing efficiencies and more—the management of quantum computing must shift toward IT services that are integrated into the enterprise infrastructure.

90%

A majority of organizations will partner with consulting companies or full-stack providers to accelerate quantum computing innovation through 2023, according to Gartner.

33%

Respondents to a 2020 IDC survey about quantum adoption who said they are focusing their attention on quantum cryptography.

97%

Respondents to an Accenture survey who agree that quantum computing will provide enormous growth for their companies comparable to the growth they have experienced from artificial intelligence.