TWIC Original - Quantum Computing

Wednesday, September 11 2024

This week in
Consulting

The Quantum Leap: How Soon Before It Changes Everything?

Editorial

Quantum computing, once the stuff of science fiction, is steadily advancing and promises to revolutionize industries from finance to healthcare. But what exactly is it, and how does it differ from the classical computers we rely on today?

In this edition of This Week in Consulting, we dive deep into the current state of quantum computing, exploring its key principles and elements.

For all its promise, quantum computing is not without challenges. Low fidelity, stability issues, and fierce competition from classical computing remain formidable hurdles.

Still the allure of quantum computing continues to attract significant investment. However, with its rise comes new risks, particularly in cybersecurity. Quantum computers could break today’s encryption methods, leaving sensitive data vulnerable. Now, more than ever, organizations must prepare by evaluating and upgrading their cryptographic defences.

One thing is certain: those who get ahead of this technological shift could hold the keys to the future of data integration, cryptography, and artificial intelligence. Take a deep dive and enjoy the read—and don’t forget to share your feedback. As always, we are eager to hear from you.

Laurent THOMAS

Laurent THOMAS

Chairman Consulting Quest

This week’s must read

In this edition of This Week in Consulting, we dive deep into the current state of quantum computing, exploring its key principles and elements.

 

 

This article by L.E.K. Consulting discusses quantum computing’s potential to revolutionize industries through optimization, simulation, and encryption. It provides a framework to help businesses assess when to adopt the technology based on their needs and quantum computing’s current development stage.

Stuart Robertson and David Jordan, @LEK Consulting

This week’s media

In this IBM video, Jessie Yu explains what a quantum computer is, its differences from traditional computing, and the five key elements that define it. Discover the implications for the future of quantum computing.

Thought Leadership

This KPMG article highlights the imminent quantum-computing revolution, which promises unprecedented capabilities but also poses significant cybersecurity risks. Quantum computers could breach current encryption methods, leading to concerns about data security. Organizations must prepare now by evaluating and upgrading their cryptographic systems.

Alexander Rau, Michael Egan, Troels Jensen and Akhilesh Tuteja, @KPMG

This BCG article explores the current state and future potential of quantum computing. While the technology is advancing, it still faces significant hurdles such as low fidelity and competition from classical computing. Despite this, quantum computing shows promise and continues to attract investment.

Jean-François Bobier, Matt Langione, Cassia Naudet-Baulieu, Zheng Cui and Eitoku Watanabe, @BCG

 

Argano discusses how quantum computing, using superposition and entanglement, enhances data integration, cryptography, and AI. Despite challenges like stability and scalability, it promises breakthroughs in drug discovery, financial modelling, and supply chain optimization through unprecedented computational power.

@Argano

According to this McKinsey article, quantum computing is advancing rapidly, with 33% of surveyed executives exploring new use cases. Despite progress, many companies lack production-ready use cases. A combined hardware approach may enhance quantum computers’ effectiveness, speeding their market adoption.

Martina Gschwendtner, Hussein Hijazi, Nicole Morgan and Henning Soller, @McKinsey

This week’s consulting news selection

 

Arthur D. Little has announced the appointment of Koen Segers as a Partner in its Healthcare & Life Sciences practice, based in its Brussels office. Koen brings 25 years of hands-on experience in the Life Sciences industry to ADL, working globally with both blue-chip companies and start-ups.|@Arthur D. Little

Sam Jarvis has joined Avyse Partners as a Senior Consultant. Facing unprecedented demand for its highly experienced and personal advisory services, hiring people of Sam’s calibre is a real win for Avyse and its clients.|@Avyse Partners

The Digital Neighborhood, a community of leading European technology companies specializing in Microsoft AI and Cloud, announces the acquisition of Consit Gruppen, a prominent Microsoft Cloud services provider in Denmark.|@The Digital Neighborhood

Avyse Partners has announced that Matthew Russell has joined the firm as a Senior Executive in Financial Crime. Matthew’s appointment is significant as it puts in place a crucial building block for the next stage of the team’s growth.|@Avyse Partners

Laurent Thomas
Chairman and Co-founder at  | + posts

Laurent is the Chairman and Co-founder of Consulting Quest. Focused on greater value creation, and being thoroughly familiar with Consulting, Laurent has sourced and sold millions of dollars worth of Consulting over the course of his career. Prior to joining Consulting Quest, Laurent was Executive Vice President Oil and Gas at Solvay and Senior Partner Transformation at Oliver Wyman.

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