Quantum computing could be useful faster than anyone expected

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New quantum algorithms could significantly boost the efficiency of some critical financial operations on hardware that might be available in only five years' time.    Image: Teradat Santivivut / Moment / Getty Images For most scientists, a quantum computer that can solve large-scale business problems is still a prospect that belongs to the distant future, and one that won't be realized for at least another decade. But now researchers from US banking giant Goldman Sachs and quantum computing company QC Ware have designed new quantum algorithms that they say could significantly boost the efficiency of some critical financial operations – on hardware that might be available in only five years' time.  Rather than waiting for a...

USD 1025.9 Billion Expected for Cloud Computing Market Size

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New York, NY, April 07, 2021 (GLOBE NEWSWIRE) -- According to the research report by Facts and Factors, the global Cloud Computing Market size & share was estimated at USD 321 Billion in 2019 and is expected to hit a record value of USD 1025.9 Billion by 2026. The global Cloud Computing Market is expected to grow at a compound annual growth rate (CAGR) of 18% from 2019 to 2026. Cloud computing is an information technology service delivery model where computing resources and software tools are offered by third-party service providers through the Internet network. Cloud computing provides various advantages over on-site hardware infrastructure, such as fast installation, scalability, low cost, mobile support, and lower network maintenance. Request to Download Your Free Sample Report of Cloud Computing Market @...

The Worldwide Quantum Computing Industry is Expected to Reach $1.7 Billion by 2026

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DUBLIN, Feb. 16, 2021 /PRNewswire/ -- The "Global Quantum Computing Market with COVID-19 Impact Analysis by Offering (Systems, Services), Deployment (On Premises, Cloud-based), Application, Technology, End-use Industry and Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering. The Global Quantum Computing Market is expected to grow from USD 472 million in 2021 to USD 1,765 million by 2026, at a CAGR of 30.2%. The early adoption of quantum computing in the banking and finance sector is expected to fuel the growth of the market globally. Other key factors contributing to the growth of the quantum computing market include rising investments by governments of different countries to carry out research and development activities related to quantum computing technology. Several companies are focusing on the adoption of...

The Quantum Computing market is expected to grow from USD 472 million in 2021 to USD 1,765 million by 2026, at a CAGR of 30.2%

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The early adoption of quantum computing in the banking and finance sector is expected to fuel the growth of the market globally. Other key factors contributing to the growth of the quantum computing market include rising investments by governments of different countries to carry out research and development activities related to quantum computing technology.New York, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Quantum Computing Market with COVID-19 impact by Offering, Deployment, Application, Technology, End-use Industry and Region - Global Forecast to 2026" - https://www.reportlinker.com/p05064748/?utm_source=GNW Several companies are focusing on the adoption of QCaaS post-COVID-19. This, in turn, is expected to contribute to the growth of the quantum computing market. However, stability and error...