Quantum Computing: over 8 billion USD in investments worldwide

This vastly increased computational power will have a tremendous impact in the arena of cybersecurity, as it will take these computers less than a second to decrypt a password of 10 characters or fewer. For now, however, this technology still appears to be a thing of the future: according to the Quantum Computing report from IDATE DigiWorld, these new supercomputers will not be fully operational for another 10 years.

Which is not preventing industry heavyweights like Google, Microsoft and IBM – which have a strategic stake in quantum computing’s development – from investing in the technology. IBM reports having recently made a decisive leap forward in its development, by achieving a very high quantum volume.

The United Nations have also embraced this budding phenomenon, earmarking more than 8 billion USD in public spending on quantum computing worldwide.

IDATE DigiWorld’s Quantum Computing report analyses the current status and future outlook for quantum computing, and explores the potential applications and benefits of this new approach. Particular focus is given to the possible impact on the future of cybersecurity and telecommunications.

Drop us a line, to find out more about our “Quantum Computing” report!

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For more than forty years, Europe’s leading digital economy think tank, IDATE DigiWorld has played host to its Members and digital economy luminaries in Paris, London, Brussels and Morocco, to work together on building an enlightened digital society.

Our think tanks, our reports and the international watch services provided by our expert engineers, analysts and economists are an integral part of our commitment to highlighting and promoting France’s capacity for innovation, and to building a European industrial project as a sound alternative to American and Asian models in particular. To this end, our editorial policy throughout 2020 is to capitalise on our Members’ experience and lay the groundwork for this joint industrial project.

This is the general framework for the production of our reports, and for our headline events, which include the DigiWorld Summit, on 1 and 2 December, at the Palais Brongniart in Paris, and the DigiWorld Sessions in Montpellier, on 15 October.