Track: Emerging Analytics
The Quantum Computing Revolution: Challenges, Trends, Impact and Perspectives
The Quantum Computing (QC) revolution, amplified by the National Quantum Initiative Act, is spreading fast and has the potential of disrupting all industries. It is widely established that QC can revolutionize the way we perform and think about computation and be the backbone of thrilling new technologies and products. Governments and private investors are already investing hundreds of millions of dollars annually to accelerate developments in QC technologies to explore a myriad of potential applications.
The focus of this presentation will be on the impact of Quantum Computing on decision making, the potential of making decision faster and better, let it be engineering design, systems performance, supply chain, or finance. Specifically, in the mathematical optimization area, Quantum Computing has the potential to speed up problem solving tremendously and solve problems that are not solvable before. Just to mention, almost all results about “Quantum Supremacy” are about solving optimization problems.
The presentation introduces concepts of Quantum Computing, reviews state-of-the-art of QC hardware, algorithms, and software in the era of NISQ (Noisy Intermediate Scale Quantum). Projected trends of QC hardware development with challenges ahead are discussed. Computing, algorithmic, and software stack developments, along with actual and potential applications of QC Optimization, and related areas will be discussed.