Tagged: Quantum computer

For years, quantum computing has been the preserve of academics. New advances, however, are pushing this potentially revolutionary technology toward practical applications.

At the Q2B conference this month, quantum computer makers Google, IBM, Honeywell, IonQ and Xanadu detailed specific steps they expect by 2024 that will push their machines further down the road of commercial practicality. Those achievements include increasing quantum computers’ scale, performance and reliability. Private sector spending on quantum computing products and services will likely more than triple to $830 million in 2024, up from $250 million in 2019, according to a forecast from Hyperion Research.