IBM Switzerland CEO: Quantum Computing Breakthrough Expected by 2029

IBM Switzerland CEO Katharina Göppinger anticipates a significant breakthrough in quantum computing, projecting the first fault-tolerant quantum computer to be market-ready by 2029. This development, she explained, will create the conditions for scalable quantum computing. Göppinger highlighted the immense potential of quantum technology to solve complex problems far more rapidly than classical computers, particularly in areas such as material research, personalized medicine, and optimizing networks for energy and aviation sectors. She noted that quantum technology excels at processing a vast number of parameters that push the limits of traditional computing. However, Göppinger emphasized that quantum computing will not replace classical computing but rather serve as a complementary technology. This hybrid approach will enable companies to utilize the most suitable technology for their needs, adapting flexibly to rapidly changing market conditions and supply chains. The concept of "quantum advantage" refers to the point where a quantum computer can perform a computationally intensive task faster, more energy-efficiently, or more accurately than the best classical supercomputers. Göppinger, who has been with IBM for 15 years and leads IBM Switzerland's management and technology division, studied at ETH Zurich and the University of St. Gallen.

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We expect to bring the first fault-tolerant quantum computer to market readiness by 2029.