See full analysis Learn more Quantum computing [New] China is going to focus on developing a number of technology areas including semiconductors, health care, quantum computing and cloud computing. [New] Quantum networks will deliver drastically enhanced sensors for finding and fixing elusive targets and will deliver resource multiplying effects for commercially developed quantum computers to solve DOD's hardest analytical problems. [New] Developments in Artificial Intelligence and quantum computing will expand the processing power and capabilities of both the United States and its adversaries. [New] Within next five years, companies around the world will have full access to quantum computing as a service, and will benefit from a range of benefits including faster, more efficient, and more secure computing. [New] The US will continue to take a hard line in certain fields, such as 5G, artificial intelligence, and quantum computing, but will relax its aggressive decoupling strategy in other less sensitive sectors. [New] New quantum computing power will rule a whole new technological age, providing huge rewards to companies and countries leading in 2021 and beyond. [New] 89% of CEOs do not expect quantum to deliver results for their organizations in the next two to three years. [New] IBM's findings might accelerate the timeline of events for quantum applications, with new use cases emerging even while quantum computers work with few qubits. In a potentially concerning development, a Swiss tech company has announced that it can now use quantum computers to uncover vulnerabilities in popular encryption. The development of high-powered quantum computers will break encryption currently used to protect people's private messages within years, a Swiss technology business has claimed. New quantum computing power will dominate a brand new technological era, offering massive rewards to companies and countries leading in 2021 and beyond. Goldman Sachs and JPMorgan Chase expect to use quantum computers in their businesses in real time in the next few years. Oil company BP plans to use quantum computing to help it reduce emissions and neutralise its carbon footprint by 2050 or sooner. IBM is working on increasing the number of qubits in its quantum computers, from 27 in today's Falcon to 1,121 in its Condor systems due in 2023. The United States is a global leader in research of quantum computers, but it risks losing its edge in real-world applications of quantum computers. Even the head of quantum research at Goldman Sachs, William Zeng, made a bold claim that quantum computers could revolutionize the banking and finance industries. At the leading edge of the quantum revolution, companies such as IBM, Microsoft, and Google are building quantum computers that aim to do things that classical computers cannot do or could only do in thousands of years. A surprisingly large number of organizations are already experimenting today, and the majority have use cases in mind for where quantum computing could make an impact. Beijing's new quantum computer can solve mathematical problems in 200 seconds that it would take current supercomputers millions of years to solve - and the network around it will revolutionise how we live and work. The likelihood that rogue states are working on quantum computing is high, and it is possible that quantum computing will be in use before the world is alerted to its development. Quantum computing will strengthen its pioneering contributions to emerging technologies such as Quantum AI, Quantum Optics, Quantum Electronics, Quantum Cryptography, Quantum Chemistry etc. in 2021. Last updated: 07 March 2021 Hi, Would you like a quick online demo of our service from an experienced member of our team? Yes No