Quantum Computing Remains Experimental Despite 2024 Advances: Forrester

Quantum computing made significant strides in 2024 , but it’s yet to demonstrate a practical advantage over classical digital computers, Forrester Research said.

The technology remains experimental, with broad-scale applications likely still a decade away.

D-Wave has been using annealing quantum technology in a hybrid solution to solve complex optimization problems, such as workforce scheduling and portfolio optimization.

Quantum -as-a-service (QaaS) has expanded access to quantum computing, enabling breakthroughs in quantum machine learning.

Researchers are developing quantum neural networks, quantum support vector machines, and quantum algorithms for complex tasks like image and natural language processing.

Quantum algorithms can also be used to process and analyze large data sets more efficiently using the Quantum Fourier Transform .

Forrester predicts a winter’ setting in on quantum computing investment in the technology.

Analyst Tomas Gustavsson warns against using Shor ’s algorithm, created in 1994 , as a benchmark for what kind of quantum power is needed to crack PKI cryptography.

The investment winter will delay the time when quantum computing platforms become powerful enough for mainstream use, which means a delay of Y2Q.