While there are still differing perspectives on how long it will be until certain types of quantum computing hit commercial viability, experts from big tech companies like Google and IBM as well as smaller organizations like D-Wave Quantum and TreQ generally agree on quantum’s most mature, promising industry applications, which range from medical insights to last-mile delivery optimization. Yet, in a space teeming with unknowns, there’s still a lot to learn about the potential fate of a world in quantum’s hands. Unlike classical computing, which processes information through bits that can exist in either zeros or ones, quantum computing is an evolving field where quantum bits (or qubits) can occupy both zero and one in a single unit. These qubits can then basically communicate with each other to further increase the speed and complexity of information processing in a calculation. Within the field of quantum computing, there are two types of technologies. What most people refer to when they talk about it is universal gate-based models. The second model is called annealing quantum. “It’s a different technology,” explained Mandy Birch, CEO and founder of TreQ, a quantum systems engineering company focused on manufacturing applications.

Full report : Big tech companies like Google and IBM, as well as smaller organizations like D-Wave Quantum and TreQ are investing resources for the next big thing.