IDEAS home Printed from https://ideas.repec.org/a/spr/elmark/v32y2022i4d10.1007_s12525-022-00570-y.html
   My bibliography  Save this article

Quantum computing

Author

Listed:
  • Roman Rietsche

    (University of St.Gallen)

  • Christian Dremel

    (Norwegian University of Science and Technology)

  • Samuel Bosch

    (Massachusetts Institute of Technology)

  • Léa Steinacker

    (University of St.Gallen)

  • Miriam Meckel

    (University of St.Gallen)

  • Jan-Marco Leimeister

    (University of St.Gallen)

Abstract

Quantum computing promises to be the next disruptive technology, with numerous possible applications and implications for organizations and markets. Quantum computers exploit principles of quantum mechanics, such as superposition and entanglement, to represent data and perform operations on them. Both of these principles enable quantum computers to solve very specific, complex problems significantly faster than standard computers. Against this backdrop, this fundamental gives a brief overview of the three layers of a quantum computer: hardware, system software, and application layer. Furthermore, we introduce potential application areas of quantum computing and possible research directions for the field of information systems.

Suggested Citation

  • Roman Rietsche & Christian Dremel & Samuel Bosch & Léa Steinacker & Miriam Meckel & Jan-Marco Leimeister, 2022. "Quantum computing," Electronic Markets, Springer;IIM University of St. Gallen, vol. 32(4), pages 2525-2536, December.
  • Handle: RePEc:spr:elmark:v:32:y:2022:i:4:d:10.1007_s12525-022-00570-y
    DOI: 10.1007/s12525-022-00570-y
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s12525-022-00570-y
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1007/s12525-022-00570-y?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Shouvanik Chakrabarti & Rajiv Krishnakumar & Guglielmo Mazzola & Nikitas Stamatopoulos & Stefan Woerner & William J. Zeng, 2020. "A Threshold for Quantum Advantage in Derivative Pricing," Papers 2012.03819, arXiv.org, revised May 2021.
    2. Mark Lycett, 2013. "‘Datafication’: making sense of (big) data in a complex world," European Journal of Information Systems, Taylor & Francis Journals, vol. 22(4), pages 381-386, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Koichi Miyamoto & Kenji Kubo, 2021. "Pricing multi-asset derivatives by finite difference method on a quantum computer," Papers 2109.12896, arXiv.org.
    2. Jianjun Chen & Yongming Li & Ariel Neufeld, 2023. "Quantum Monte Carlo algorithm for solving Black-Scholes PDEs for high-dimensional option pricing in finance and its complexity analysis," Papers 2301.09241, arXiv.org, revised Apr 2024.
    3. Yen-Jui Chang & Wei-Ting Wang & Hao-Yuan Chen & Shih-Wei Liao & Ching-Ray Chang, 2023. "A novel approach for quantum financial simulation and quantum state preparation," Papers 2308.01844, arXiv.org, revised Apr 2024.
    4. Jo~ao F. Doriguello & Alessandro Luongo & Jinge Bao & Patrick Rebentrost & Miklos Santha, 2021. "Quantum algorithm for stochastic optimal stopping problems with applications in finance," Papers 2111.15332, arXiv.org, revised Jul 2023.
    5. Richly, Marc A., 2022. "Big Data Analytics Capabilities: A Systematic Literature Review on Necessary Skills to Succeed in Big Data Analytics," Junior Management Science (JUMS), Junior Management Science e. V., vol. 7(5), pages 1224-1241.
    6. Skavysh, Vladimir & Priazhkina, Sofia & Guala, Diego & Bromley, Thomas R., 2023. "Quantum monte carlo for economics: Stress testing and macroeconomic deep learning," Journal of Economic Dynamics and Control, Elsevier, vol. 153(C).
    7. Abha Naik & Esra Yeniaras & Gerhard Hellstern & Grishma Prasad & Sanjay Kumar Lalta Prasad Vishwakarma, 2023. "From Portfolio Optimization to Quantum Blockchain and Security: A Systematic Review of Quantum Computing in Finance," Papers 2307.01155, arXiv.org.
    8. Mark-Oliver Wolf & Tom Ewen & Ivica Turkalj, 2023. "Quantum Architecture Search for Quantum Monte Carlo Integration via Conditional Parameterized Circuits with Application to Finance," Papers 2304.08793, arXiv.org, revised Sep 2023.
    9. Raphaëlle Barbier & Skander Ben Yahia & Sylvain Lenfle & Benoit Weil, 2024. "Data-push innovation beyond serendipity: The case of a digital platform making Earth Observation data fit into multiple use contexts," Post-Print hal-04611800, HAL.
    10. Barbier, Raphaëlle & Ben Yahia, Skander & Lenfle, Sylvain & Weil, Benoit, 2024. "Data-push innovation beyond serendipity: The case of a digital platform making Earth Observation data fit into multiple use contexts," Technovation, Elsevier, vol. 132(C).
    11. Francesca Cibrario & Or Samimi Golan & Giacomo Ranieri & Emanuele Dri & Mattia Ippoliti & Ron Cohen & Christian Mattia & Bartolomeo Montrucchio & Amir Naveh & Davide Corbelletto, 2024. "Quantum Amplitude Loading for Rainbow Options Pricing," Papers 2402.05574, arXiv.org, revised Oct 2024.
    12. Dylan Herman & Cody Googin & Xiaoyuan Liu & Alexey Galda & Ilya Safro & Yue Sun & Marco Pistoia & Yuri Alexeev, 2022. "A Survey of Quantum Computing for Finance," Papers 2201.02773, arXiv.org, revised Jun 2022.
    13. Vladimir Skavysh & Sofia Priazhkina & Diego Guala & Thomas Bromley, 2022. "Quantum Monte Carlo for Economics: Stress Testing and Macroeconomic Deep Learning," Staff Working Papers 22-29, Bank of Canada.
    14. Stephen C. Slota & Kenneth R. Fleischmann & Min Kyung Lee & Sherri R. Greenberg & Ishan Nigam & Tara Zimmerman & Sarah Rodriguez & James Snow, 2023. "A feeling for the data: How government and nonprofit stakeholders negotiate value conflicts in data science approaches to ending homelessness," Journal of the Association for Information Science & Technology, Association for Information Science & Technology, vol. 74(6), pages 727-741, June.
    15. Yen-Jui Chang & Wei-Ting Wang & Hao-Yuan Chen & Shih-Wei Liao & Ching-Ray Chang, 2023. "Preparing random state for quantum financing with quantum walks," Papers 2302.12500, arXiv.org, revised Mar 2023.

    More about this item

    Keywords

    Quantum computing; Quantum physics; Cloud computing; Emerging technology; Information systems;
    All these keywords.

    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:elmark:v:32:y:2022:i:4:d:10.1007_s12525-022-00570-y. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.