Quantum computing: Computational excellence for Society 5.0

• Main Authors: GRIFFIN, Paul R., BOGUSLAVSKY, Michael, HUANG, Junye, KAUFFMAN, Robert J., TAN, Brian R.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2021
• Subjects: Business needs; computational approach; credit rating; financial services; industry applications; problem-solving perspective; quantum computing; quantum machine learning (QML) service industries; Society 5.0; technology foundations.; Databases and Information Systems; Software Engineering
• Online Access: https://ink.library.smu.edu.sg/sis_research/6851; https://ink.library.smu.edu.sg/context/sis_research/article/7854/viewcontent/QuantumComputing_av.pdf
• Institution: Singapore Management University

In this chapter, we consider which general business problems may be suitable for exploring the utilization of quantum computing and provide a framework for applying quantum computing. The characteristics of quantum computing systems are mapped into business problems to show the potential advantages of quantum computing. The framework shows how quantum computing can be applied in general, and a use case is offered for quantum machine learning (QML) related to the credit ratings of small and medium-size enterprises (SMEs).