Quantum computing in supply chain

Quantum computing in a nutshell

Quantum computing is a powerful technology that will exponentially increase compute power, improving the way we analyze data. Based on the principles of quantum mechanics (ask your favorite chat bot to define quantum entanglement, superposition, and teleportation for more detail), engineers have been perfecting quantum computing capabilities for decades. We’re now seeing unprecedented growth in its development. In just three years, we’ve gone from 24 qubits to over 400, with expectations that we’ll reach 1,000+ by 2024.

However, that compute power comes with a downside. There is an increased risk of security threats from bad actors who could use quantum approaches like Variable Quantum Based Factoring to invade and overpower our current data encryption methods. Disruption to supply chains is imminent.

“Make no mistake. The impact is coming —and it’s not a question of if, but how soon and how disruptive.” 

Think Circle client executive.

The longer-term business opportunity

Supply chain Thinkers agreed that perhaps the greatest near-term opportunity to use quantum computing in supply chain operations is modeling. The benefit of better managing the sheer complexity of these models is enormous. Imagine optimizing transportation and logistics, simplifying the variability of planning, safely sharing protected data through a convoluted network of ecosystem partners, and for capturing all the value of digital twin simulations.

“I think we’re getting a good understanding of how complex the model is in supply chain, with the multiple variables. Trying to get to automation of a model with infinite variables is impossible. Today we try to simplify the model which is ok but not sufficient. That is the opportunity for quantum. It may be years away, but if we start looking, documenting, and preparing now, we’ll be in a better position to get out in front and use the technology when it’s available.” 

Think Circle client executive.

With quantum computing, the possibilities are endless.

“If you could get a quantum computer at the Edge that could analyze data in real time, that would be game changing.”