Three areas where quantum computing is used

What is Quantum Computing?
Quantum computing is a system capable of solving complex problems by examining many possible variations simultaneously. While classical computers store data using bits that represent 0 or 1, quantum computers use qubits.

To learn more about quantum computing, check out our blog “Quantum Computing Advances.”

Why was quantum computing developed?

Processing large volumes of data
Unlike classical computers, quantum computers process information using qubits. Since qubits can be in both 0 and 1 states simultaneously, quantum computers are capable of evaluating many possibilities at once.

Increased efficiency
It has been found that some computational problems can be solved more efficiently with quantum algorithms than with classical methods. This helps large companies save both time and resources.

Fields of application

Banking and finance
The financial sector was one of the earliest to show interest in quantum technology. One key reason is the importance of strong data security in finance. Quantum computing enables the simultaneous consideration of many factors during price determination. Companies like JP Morgan, Barclays, Mastercard, Citi, and others are actively working to explore these capabilities further.

Artificial intelligence and machine learning
Quantum computing offers distinct advantages for AI and machine learning. While classical computers struggle with complex algorithms, quantum computers can process data more efficiently. Though still in early stages, advancements in areas such as quantum neural networks and quantum support vector machines show promising directions for future applications.

Supply chain and resource optimization
Large companies’ supply chains require working with complex algorithms and considering multiple factors simultaneously. For this reason, quantum computing can potentially be used in the future to analyze vast amounts of data, determine optimal routes, regulate inventory levels, and minimize costs in real time.

Frequently asked questions (FAQ)

1. Can quantum computing be applied to every business?
   No. Quantum computing is still in the research and development stage, and current quantum computers are very limited.

2. Which companies can use this system?
   Currently, companies that require large-scale data processing and computational power can use it.

3. What is a qubit and how does it work?
   In quantum computers, qubits can exist in both 0 and 1 states simultaneously, enabling the simultaneous calculation of many possibilities.