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Quantum Computers and Computing a Better World

In: The Business of Quantum Technologies

Author

Listed:
  • Chander Velu

    (University of Cambridge, Institute for Manufacturing, Department for Engineering)

  • Keith Norman

    (University of Oxford, Department of Physics)

  • Yuzhen Zhu

    (University of East Anglia, Norwich Business School)

  • Fathiro Hutama Reksa Putra

    (Bandung Institute of Technology)

  • Christopher Noble

    (University of Oxford, Department of Physics)

Abstract

This chapter delves into the concepts of quantum computers and their potential breakthrough applications for industry and society. The chapter provides the historical background to the development of digital computers and their economic benefits, and the need for quantum computers. The chapter explains how quantum computers work, outlines key hardware modalities, and highlights challenges in engineering scalable, fault-tolerant systems and designing effective quantum algorithms. The chapter outlines real-world case studies of firms experimenting with prototype quantum computers to solve business problems including simulation, optimisation, and pattern recognition for machine learning applications. The chapter also discusses the possible business and economic implications of quantum computing and identifies research questions for further exploration.

Suggested Citation

  • Chander Velu & Keith Norman & Yuzhen Zhu & Fathiro Hutama Reksa Putra & Christopher Noble, 2025. "Quantum Computers and Computing a Better World," Springer Books, in: The Business of Quantum Technologies, chapter 0, pages 33-66, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-99808-9_2
    DOI: 10.1007/978-3-031-99808-9_2
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