Quantum computing is still a nascent technology. Yet early applications are coming sooner than you think. BCG helps companies develop their strategies, skills, and ecosystems—and prepare to reap the rewards.
Quantum computing’s giant-leap moment is still years down the road, but this technology is showing promising rewards—drug discovery, climate change, and finance are just some of the areas that can benefit from early advances. Businesses that start planning now can establish a first-mover outlook that sets the stage for success.
That’s because quantum computing, which leverages quantum physics to perform complex calculations at tremendous speed, can solve problems that are impossible or impractical for classical computers. BCG's quantum computing consultants help companies gain a competitive advantage as they consider where, and how, they can apply quantum advantage.
As quantum technology emerges from the lab, companies can turn innovation into impact by identifying—and delivering—practical applications. But quantum computing is not a plug-and-play technology. Companies will need time, and a plan, to build the necessary skills and navigate new resources.
Our quantum computing consultants are well versed in the intricacies of deep tech—novel technologies that tackle substantial scientific challenges, require long-term development, and involve a large and diverse ecosystem. We take a multipronged approach to helping companies realize the benefits of quantum computing.
Quantum Strategy and Vision. Winning with quantum computing means understanding where it fits within a business context. We help companies link the technology to the most relevant opportunities and pain points, identifying early wins while developing a roadmap for creating value as quantum technology matures.
Quantum Resources. Already, companies can experiment with cloud-based quantum-computing power, simulators that run on laptops, and open-source quantum software development kits. We help companies navigate these new resources so that they can start exploring how to apply quantum technology to real-world applications.
Quantum Ecosystem and Partnerships. The quantum journey isn’t one companies make alone. An ecosystem of players—focusing on a variety of technology- and industry-specific topics—is emerging. We help clients create the partnerships and connections that bring the knowledge, capabilities, and collaboration that can accelerate their path to value.
Quantum Talent. Across industries, leading companies are building teams to explore quantum computing. And as the technology matures, the need—and demand—for quantum skills will increase. We help companies develop their internal capabilities, through recruitment strategies, upskilling, and a culture that attracts—and unleashes—quantum talent.
While we expect quantum advantage to be a reality by 2025, we help companies identify the opportunities they can seize in the early going—as well as those that lay further ahead. And it’s not just about the commercial applications of quantum computing. We also uncover uses that can deliver important social impact.
Some of the most promising use cases for quantum computing are:
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