Quantum Technology Transformation and Business Preparedness

Chaminda Senaratne and Meera Sarma
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Chaminda Senaratne: Northumbria University, UK
Meera Sarma: Cystel Cybersecurity, UK

in ABEM Conference Proceedings from Academy of Business and Emerging Markets (ABEM), Canada, currently edited by Satyendra Singh

Abstract: The rapid evolution of quantum technologies, including quantum computing, quantum communication, quantum cryptography, and quantum sensing, has the potential to disrupt industries and significantly transform traditional business operations. As these technologies mature, they promise to solve complex problems, enable unprecedented levels of security, and create new business opportunities. However, the full-scale integration of quantum technologies into business practices will require organizations to prepare strategically, technologically, and culturally. This paper explores the ongoing transformation driven by quantum technologies and their implications for business preparedness. It examines advancements in quantum technologies and their expected impact across industries such as finance, healthcare, manufacturing, and energy. The paper provides a framework for businesses to assess their readiness for quantum adoption and emphasizes the need to build quantum literacy, foster innovation, and invest in talent development. It also introduces a conceptual model outlining the relationship between quantum technological advancements and business preparedness, offering a roadmap for organizational strategy and change management. The paper concludes by highlighting key opportunities and challenges for businesses as they navigate this technological disruption and underscores the importance of early action to stay competitive in the quantum-enabled world.

Keywords: Quantum; Technology; Transformation; Business (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:ris:abemcp:023218

DOI: 10.5281/zenodo.21481829

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