Quantum computing is advancing at a rapid pace. At least that’s what the funding trends for startups focused on this technology, which doubled between 2020 and 2021, reaching US$1.4 billion, according to the consulting firm McKinsey. This technology has the potential to capture around US$700,000 million in value by 2035, according to McKinsey.

Quantum computing uses the laws of quantum mechanics —which governs the behavior of atomic and subatomic particles—to process data on a scale and at a speed infinitely greater than traditional computing, tackling complex problems with many variables that interact in intricate ways. Its development is still in its early stages, but companies such as IBM already have operational quantum computers that are being used by companies such as Mercedes-Benz and ExxonMobil for advanced research. 

Its processing power will make it possible, for example, understand in detail how molecules interact within a lithium-ion battery and, as a result, design more efficient devices or model in detail all the options for the design and operation of a complex logistics chain.

How is quantum computing set to revolutionize computing? According to McKinsey, thepharmaceutical industry and health, the automotive and transportation and the financial will be among those most severely impacted, as will the the push for decarbonization.

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