Applications to industry areas

Quantum technology will impact widely on almost all areas of life just as classical information technology has done.  The applications for quantum technology cut across health, agriculture, finance, transport, ICT, security and defence.

As quantum technologies rapidly develop, industries will potentially be able to solve complex problems not easily achieved by classical computers. We are already seeing some of these technologies being applied in some industry areas today.

Diamond cutting

Pioneering Quantum Solutions: NSW's Role in Tackling Industry Challenges

The Quantum Algorithms and Applications study highlights how New South Wales' deep expertise in quantum algorithms and software positions it to develop the necessary hardware to address the significant challenges of our future.

The report delves into the scientific and ecosystem conditions essential for quantum technology to revolutionise industries. It includes use cases and highlights innovations ranging from developing more efficient battery technologies to creating safer, more sustainable materials and pioneering new methods for manufacturing life-saving pharmaceuticals.

For the first time, the report maps out the full capabilities of the NSW quantum sector, providing both government and private entities with a comprehensive view of the vast opportunities available.

The Quantum Algorithms and Applications Study was commissioned by the Office of the NSW Chief Scientist & Engineer and authored by Professor Michael Bremner and Associate Professor Simon Devitt from the University of Technology Sydney.

Potential industry impacts

  • Health & Pharmaceuticals

    • Accelerate drug discovery and development
    • Improve understanding of biological mechanisms
  • Financial Services

    • Efficient detection of fraudulent behaviour
    • Dynamic portfolio optimisation
  • Environment

    • Development of new gradiometers for non-invasive exploration
    • Reduce CO2 in fertiliser production
  • Defence & Cyber Security

    • Protect national cyber infrastructure
    • Ultra-precise timing for navigation
  • Manufacturing

    • Discovery of new high-tech materials
    • Enhanced sensing and measurement
  • Transport & Infrastructure

    • Improve the efficiency of mass transit systems
    • Optimise solutions to vehicle routing problems

Images courtesy of Macquarie University and the University of Sydney.