Chemistry, Artificial Intelligence, and Optimization are the key applications for quantum computing.
Chemistry
A Natural Way to Model Molecular Structure
Applications Include:
- New materials with advanced properties
- Carbon sequestration
- Chemical / catalytic reactions, e.g., Haber-Bosch process
- Pharmaceutical research and discovery
- Nitrogen fixation
- Solar technology
Artificial Intelligence
Efficiently Solve Large Linear Systems
Applications Include:
- Pattern Recognition
- Better model training
- Fraud detection
- Differential equations (fluid dynamic, heat transfer, etc.)
- Financial option pricing
- Genomics research
Optimization
Simultaneous Testing of Multiple Variables
Applications Include:
- Portfolio optimization
- Logistics and supply chain optimization
- Risk analysis
- Loans & credit scoring
- Manufacturing processes optimization
- Optimal control of technological processes
Examples of Quantum Computing Applications
Industrial / Environmental Use Case
Other Examples
- In the summer of 2022, Quantum Computing Inc. announced that it had solved the BMW Vehicle Sensor Placement optimization problem in six minutes, a complex problem consisting of 3,854 variables and over 500 constraints
In 2023, SEEQC partners with BASF to explore applications of quantum computing in chemical reactions for industrial use