Pixel International Conferences

Quantum computing, dating back to the 20th century, has seen significant developments, and its market is expected to reach $125 billion by 2030 (AFCEA,2023). Besides, in today's rapidly evolving world with vast and complex data, quantum computing technology is increasingly becoming essential (Fujitsu, 2023). Despite its widespread applications in finance, healthcare, physics, and cybersecurity, there exists a noticeable gap in educational offerings tailored for business and economics students. The integration of this critical subject into the curriculum of business students remains an underexplored area, demanding more attention and insight within academic institutions. This paper aims to outline the historical applications of quantum computing in both scientific and business fields. We explore existing educational offerings of quantum computing for business students and investigate the potential of quantum computing to leverage business operations. Further, we examine the challenges encountered in both business and academic spheres when implementing quantum computing technologies. Finally, we provide strategic recommendations for businesses and academic institutions regarding applying quantum computing in such contexts. Our findings and recommendations serve as valuable guidelines for educational institutions seeking to integrate quantum computing into their business programs. Additionally, by showing the connections between quantum computing and business and addressing challenges, businesses can make more informed decisions and plan effective strategies.

Keywords: Quantum computing, Business Applications, Educational institutions, Quantum Computing Evolution

References:

[6] Egger, D. J., Gambella, C., Marecek, J., McFaddin, S., Mevissen, M., Raymond, R., ... & Yndurain, E. (2020). Quantum computing for finance: State-of-the-art and future prospects. IEEE Transactions on Quantum Engineering, 1, 1-24.