Qubits and quantum computing: " more than science fiction " TECH FOCUS: QUANTUM COMPUTiNg Quantum Computing Market Cap is governed by quantum mechanics. BMW is testing the use of quantum computing for metal-forming processes. As can be seen, there are many interesting and meaningful projects that have started already in the automotive industry. There are similar activities in other industries, led by companies such as Boeing and Airbus. Quantum computing has come a long way since the initial ideas more than 50 years ago. Entire ecosystems of companies exist today, working on hardware and software solutions. In addition, the industry is already exploring the possibilities for first engineering applications. It is time to place quantum computing in our strategic plans. n UPDATE Calculates with qubits, which can represent 0 and 1 at the same time Calculates with transistors, which can represent either 0 or 1 Power increases exponentially in proportion to the number of qubits Power increases in a 1:1 relationship with the number of transistors High error rates and need to be kept ultracold Low error rates and can operate at room temperature Well suited for tasks like optimization problems, data analysis, and simulations Most everyday processing is best handled by classical computers August 2022 11 CB Insights The Quantum Insider