Optimization is a crucial challenge across various domains, including finance, resource allocation, and mobility. Quantum computing has the potential to redefine the way we handle complex problems by reducing computational complexity and enhancing solution quality. Optimization, particularly of objective functions, stands to benefit significantly from quantum solvers, which leverage principles of quantum mechanics like superposition, entanglement, and tunneling. The Ising and Quadratic Unconstrained Binary Optimization (QUBO) models are the most suitable formulations for these solvers, involving binary variables and constraints treated as penalties within the overall objective function. To harness quantum approaches for optimization, two primary strategies are employed: exploiting quantum annealers—special-purpose optimization devices—and designing algorithms based on quantum circuits. This review provides a comprehensive overview of quantum optimization methods, examining their advantages, challenges, and limitations. It demonstrates their application to real-world scenarios and outlines the steps to convert generic optimization problems into quantum-compliant models. Lastly, it discusses available tools and frameworks that facilitate the exploration of quantum solutions for optimization tasks.

Solving combinatorial optimization problems is crucial in research and industry but still challenging since these problems are usually NP‐hard or NP‐complete. Classical solvers struggle with their non‐polynomial complexity. Although heuristic algorithms are widely used, they often fall short in execution time and accuracy, increasing the interest in quantum computing alternatives using Quadratic Unconstrained Binary Optimization (QUBO) formulations. However, current Noisy Intermediate‐Scale Quantum (NISQ) computers and future early fault‐tolerant quantum devices face limitations in qubit availability and circuit depth, necessitating preprocessing to reduce problem complexity. This study introduces Qoolchain, a QUBO preprocessing toolchain designed to reduce problem size and enhance solver performance. Developed in Cython, Qoolchain is compatible with major quantum frameworks and optimized for the Grover Adaptive Search (GAS) algorithm. It includes steps like persistency identification, decomposition, and probing to estimate function bounds, all with polynomial complexity. Qoolchain also proposes using the Grover Search algorithm for problem segments whose optimal value is known a priori from graph theory and Shannon decomposition to reduce QUBO problem complexity further. Evaluated against the D‐Wave preprocessing toolchain on various problems, Qoolchain demonstrates higher efficiency and accuracy. It represents a significant advancement in enabling practical quantum solvers, addressing hardware limitations, and solving complex industry‐relevant problems.