THE QUBITS ARE COMING - Boston Consulting Group...Quantum computing could soon have a big impact on...

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© The Boston Consulting Group, Inc. 2018. All rights reserved. To find the latest BCG content and register to receive e-alerts on this topic or others, please visit bcg.com. Please direct questions to [email protected]. Engineers develop quantum computers for specific low-complexity applications FIRST GENERATION 2018–2028 Quantum computers perform faster than classical computing in applications such as molecular simulation, R&D, and soſtware development SECOND GENERATION 2028–2039 Quantum computers achieve the scale to perform advanced simulations for modeling and problem-solving THIRD GENERATION 2031–2050 Quantum computing could soon have a big impact on business THE QUBITS ARE COMING WITH LARGE, COMPLEX PROBLEMS, QUANTUM COMPUTERS ARE FAST—REALLY FAST QUANTUM COMPUTING COULD SOON ACCELERATE ADVANCES IN PHARMA AND CHEMICALS Companies are already experimenting with quantum simulations to speed up drug discovery and design more powerful molecules 20 % DRUG DEVELOPMENT TIMES COULD SPEED UP BY $ 10B GLOBAL HIGH-PERFORMANCE COMPUTING MARKET IN 2018 DOUBLE DRUG APPROVAL RATES COULD $ 15B $ 30B TO ESTIMATED QUANTUM COMPUTING MARKET IN THE US PHARMACEUTICAL INDUSTRY Solves a limited set of problems sequentially or in parallel TRADITIONAL COMPUTING Solves an infinite number of problems simultaneously QUANTUM COMPUTING Act together to process information almost instantaneously ENTANGLED QUBITS Companies should engage if they are in data-intensive industries or need to run time-consuming, complex simulations PREPARING FOR A QUANTUM LEAP This infographic is based on the BCG report The Coming Quantum Leap in Computing Sources: BCG analysis; company reports; expert interviews Launch initiatives to gain understanding, capabilities, and expertise Sponsor academic research in quantum applications Explore molecule simulations using quantum processors Challenge R&D to follow quantum computing breakthroughs EARLY MOVERS CAN ESTABLISH A SIGNIFICANT QUANTUM COMPUTING ADVANTAGE IN SEVERAL WAYS: HOW QUICKLY COULD QUANTUM COMPUTING TAKE OFF? THE QUANTUM COMPUTING MARKET WILL EVOLVE IN THREE OVERLAPPING GENERATIONS Adoption will vary by industry and by the speed with which complex problems must be solved BCG EXPECTS A DECADE OF STEADY PROGRESS IN QUANTUM COMPUTING, FOLLOWED BY A SIGNIFICANT BOOST IN CAPABILITIES AFTER 2030 CONSENSUS FORECASTS FOR THE PEAK ADOPTION RATES OF QUANTUM COMPUTING APPLICATIONS REQUIRING A SIGNIFICANT SPEED ADVANTAGE APPLICATIONS REQUIRING A MODERATE SPEED ADVANTAGE APPLICATIONS REQUIRING AN UNDETERMINED SPEED ADVANTAGE 0 2018 2022 2026 2030 2034 2038 2042 2046 2050 5 10 15 NUMBER OF YEARS 80 % 50 % 25 % 1 2 3

Transcript of THE QUBITS ARE COMING - Boston Consulting Group...Quantum computing could soon have a big impact on...

Page 1: THE QUBITS ARE COMING - Boston Consulting Group...Quantum computing could soon have a big impact on business THE QUBITS ARE COMING WITH LARGE, COMPLEX PROBLEMS, QUANTUM COMPUTERS ARE

© The Boston Consulting Group, Inc. 2018. All rights reserved. To find the latest BCG content and register to receive e-alerts on this topic or others, please visit bcg.com. Please direct questions to [email protected].

Engineers develop quantum computers for specific low-complexity applications

FIRST GENERATION 2018–2028

Quantum computers perform faster than classical computing in applications such as molecular simulation, R&D, and software development

SECOND GENERATION 2028–2039

Quantum computers achieve the scale to perform advanced simulations for modeling and problem-solving

THIRD GENERATION 2031–2050

Quantum computing could soon have a big impact on business THE QUBITS ARE COMING

WITH LARGE, COMPLEX PROBLEMS, QUANTUM COMPUTERS ARE FAST—REALLY FAST

QUANTUM COMPUTING COULD SOON ACCELERATE ADVANCES IN PHARMA AND CHEMICALSCompanies are already experimenting with quantum simulations to speed up drug discovery and design more powerful molecules

20%

DRUG DEVELOPMENT TIMES COULD SPEED UP BY

$10BGLOBAL HIGH-PERFORMANCE COMPUTING MARKET IN 2018

DOUBLEDRUG APPROVAL RATES COULD

$15B $30B TO

ESTIMATED QUANTUM COMPUTING MARKET IN THE US PHARMACEUTICAL INDUSTRY

Solves a limited set of problems sequentially or in parallel

TRADITIONAL COMPUTING

Solves an infinite number of problems simultaneously

QUANTUM COMPUTING

Act together to process information almost

instantaneously

ENTANGLED QUBITS

Companies should engage if they are in data-intensive industries or need to run time-consuming, complex simulations

PREPARING FOR A QUANTUM LEAP

This infographic is based on the BCG report The Coming Quantum Leap in Computing Sources: BCG analysis; company reports; expert interviews

Launch initiatives to gain understanding,

capabilities, and expertise

Sponsor academic research in quantum

applications

Explore molecule simulations using

quantum processors

Challenge R&D to follow quantum

computing breakthroughs

EARLY MOVERS CAN ESTABLISH A SIGNIFICANT QUANTUM COMPUTING ADVANTAGE IN SEVERAL WAYS:

HOW QUICKLY COULD QUANTUM COMPUTING TAKE OFF?

THE QUANTUM COMPUTING MARKET WILL EVOLVE IN THREE OVERLAPPING GENERATIONS

Adoption will vary by industry and by the speed with which complex problems must be solved

BCG EXPECTS A DECADE OF STEADY PROGRESS IN QUANTUM COMPUTING, FOLLOWED BY A

SIGNIFICANT BOOST IN CAPABILITIES AFTER 2030

CONSENSUS FORECASTS FOR THE PEAK ADOPTION RATES OF QUANTUM COMPUTING

APPLICATIONS REQUIRING A SIGNIFICANT SPEED ADVANTAGE

APPLICATIONS REQUIRING A MODERATE SPEED ADVANTAGE

APPLICATIONS REQUIRING AN UNDETERMINED SPEED ADVANTAGE

0

2018 2022 2026 2030 2034 2038 2042 2046 2050

5 10 15NUMBER OF YEARS

80%

50%

25%

1 2 3