Updated
Updated · The Times · May 5
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?