How quantum computing will transform the future of 5 industries?
From optimizing airplane routes to improving robot trajectories, the impossible problems will finally have answers. The quantum computing revolution will begin soon. Quantum computer is now available for business customers to start exploring the power of technology. In all industries, quantum computing will address a wide range of problems, from optimization to simulation and machine learning. See how industries can be transformed by quantum computing. Visit teledyne-e2v.com and see how quantum technologies changing the field of real-life applications.
Aerospace companies face many challenges with complicated solutions. For example, suppose that a major storm threatens to disrupt air operations. By considering an exponential number of variables, a quantum computer could determine the ideal alternatives for each route, thus limiting the impact of the disturbance. Quantum computing can help find the best way to allocate resources so that passengers, crew, and maintenance schedules are affected as little as possible.
Quantum computing is likely to have many applications in the field of chemistry, such as the simulation of properties and the behavior of new molecular structures. “Quantum computing is particularly suited to molecular modeling, as it has unique characteristics that can solve the probabilistic challenges of quantum mechanics. In the future, we hope to be able to use quantum computing to predict molecular properties for new molecules, such as new low-global warming refrigerants and new solvents for carbon dioxide recovery.
Healthcare and pharmaceuticals
On average, it takes 10 to 13 years and more than $ 2.5 billion to bring new medical treatment from the discovery phase to the patient. The odds of success are predominantly favorable to failure. “Harnessing the power of quantum computing can provide the potential to significantly accelerate lead times and improve the quality of various phases of pharmaceutical research and development processes. The greatest initial application opportunities are likely to lie in crucial early stages, including the identification and validation of objectives, in the modeling of molecular structures and optimization.
Logistics and Robotics
Transport and e-commerce companies depend on moving goods from one location to another efficiently and safely. This requires sensors in the equipment between warehouses, factories, and distribution centers, which leads to large amounts of data. Machine learning algorithms receive this data and use knowledge to make meaningful decisions. Quantum computing could identify the best places to integrate sensors, in order to capture the most significant data, as well as speed up the machine learning process. Quantum technology could also determine the most efficient routes for employees or robots to move through warehouses.
Finance and banking services
Quantum computing can also help financial institutions solve problems for their customers. To invest, quantum computers will help to optimize investment portfolios and set prices for exotic financial derivatives. The technology will also help institutions more accurately characterize anomalous transactions and quickly detect fraud.