Businesses urged to prepare for quantum computing amid scepticism
Updated
Updated · The Times · May 5
Businesses urged to prepare for quantum computing amid scepticism
8 articles · Updated · The Times · May 5
An EY and National Quantum Computing Centre report says UK firms should act now, though only a fifth of companies with sales above £150 million expect major impact by 2030.
McKinsey echoed the warning, but Orca Computing chief Richard Murray said commercial applications remain too unclear for most companies to treat quantum as an urgent business priority.
Despite doubts, BP, BT, Rolls-Royce, BAE Systems, HSBC and Vodafone are testing uses, supported by more than a decade of UK government funding for a growing quantum sector.
With nations racing for dominance, can the UK's £2 billion investment secure its position as a true quantum superpower?
While firms doubt quantum computing, is ignoring the 'harvest now, decrypt later' threat a catastrophic mistake for global data security?