Quantum computing may soon move from theory to commercial reality, as experts predict that machines with 100 logical qubits could start delivering tangible business value by 2028—particularly in areas like material science. Speaking at the Commercialising Quantum Computing conference in London, industry leaders suggested that such systems could outperform even high-performance computing in solving complex problems.
Mark Jackson, senior quantum evangelist at Quantinuum, highlighted that quantum computing shows great promise in generative AI applications, especially machine learning. Unlike traditional systems that aim for precise answers, quantum computers excel at identifying patterns in large datasets—making them highly effective for cybersecurity and fraud detection. “Quantum computers can detect patterns that would be missed by other conventional computing methods,” Jackson said.
Financial services firms are also beginning to realize the potential of quantum computing. Phil Intallura, global head of quantum technologies at HSBC, said quantum technologies can help create more optimized financial models. “If you can show a solution using quantum technology that outperforms supercomputers, decision-makers are more likely to invest,” he noted. HSBC is already exploring quantum random number generation for use in simulations and risk modeling.
In a recent collaborative study published in Nature, researc
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