How is accenture addressing the emerging market for quantum computing technology?

How Will Accenture Benefit? It seems that through this multi-year strategic relationship, Accenture is eyeing to tap the immense potential that quantum computing has in addressing mission-critical business problems and help its clients explore and utilize this potential. Accenture said that it will help companies become quantum ready with the help of its skills and experience in quantum, and also with its ability to design and develop customized industry solutions tailored to IonQ’s quantum computing technology. Marc Carrel-Billiard, senior managing director and Technology Innovation lead at Accenture, said, "Whether in life sciences, energy distribution and storage, or logistics, quantum computing offers new and compelling ways to solve key business problems and generate new insights.” Accenture’s shares have gained 42.4% over the past year, underperforming the 48.9% growth of the Accenture PLC Price Accenture currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank stocks here. Time to Invest in Legal Marijuana If you’re looking for big gains, there couldn’t be a better time to get in on a young industry primed to skyrocket from $17.7 billion back in 2019 to an expected $73.6 billion by 2027. After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could be a still greater bonanza for investors. Even before the latest wave of legalization, Zack...

Accenture Awarded Second U.S. Patent for Quantum Computing Patent is for a machine learning module that selects quantum or classical computing for optimal business outcomes NEW YORK;July 1, 2019 – Accenture (NYSE: ACN) has been granted a US patent for a “quantum computing machine learning module” that trains artificial intelligence (AI) models to determine when and how computational tasks would be best handled by quantum computing versus classical computing methods, and route them to the appropriate option. In doing so, it could help organizations understand where quantum computing can have the most impact within their businesses, and when classical computing may still be the best option for a given task. Accenture’s new patent — U.S. Patent No. 10,275,721 — describes a solution to address the tradeoff between the benefits of using quantum computing versus classical computing resources. By determining when and how to utilize the power of quantum computing, such a system can help perform computational tasks in the most efficient and cost-effective way possible. Additionally, the module described has the ability to learn to prioritize certain tasks. As more advanced and efficient quantum and classical systems are introduced over time, the quantum computing machine learning module can adapt accordingly. “Quantum computing has enormous potential, offering truly groundbreaking capabilities to rapidly solve businesses’ most difficult computational challenges. And determining whe...

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The moves provide evidence of a quantum computing ecosystem coalescing around hardware, software and service provider companies. Accenture this week unveiled a multi-year relationship with IonQ, which offers its quantum computer systems through the The IonQ partnership aims to prepare clients across industries for the Carl Dukatz "While quantum technology is still in its earlier stages of development, we anticipate the first enterprise applications leveraging quantum approaches to be on the near-term horizon -- largely because working in quantum inspires many types of new solutions," Dukatz said. The Accenture-IonQ partnership seeks to accelerate quantum computing business experimentation, which takes place internally and in conjunction with customers. This approach involves discovering viable quantum problems in a three-step process, Dukatz noted: • creating new or using a set of preprogrammed quantum algorithms; • identifying whether those algorithms effectively replace classical computing implementations; and • rapidly piloting and deploying a quantum-enabled application to demonstrate the functionality. Quantum Computing Inc. (QCI), meanwhile, launched a partner program around its flagship Qatalyst software, which lets organizations send computational problems to quantum systems available through Amazon Braket. The software supports purely quantum processing, but it also lets users The Leesburg, Va., company's QCI Partner Program lets participants provide access to Qat...

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Accenture has been granted a US patent for a solution that leverages quantum computing technology to optimise business decision making, creating unprecedented efficiency and effectiveness. In a statement released this week, the leading global professional digital and technology company, announced that it has been granted a US patent for a “multi-state quantum optimisation engine”. The patent shows Accenture’s belief that businesses could take advantage of the best aspects of both classical and quantum computing techniques to enable breakthrough solutions to problems that couldn’t be solved before. Through this new engine, Accenture can run multiple simultaneous simulations in order to establish and determine the ‘optimal’ outcome. One key example, as highlighted by Accenture in the patent, is in large-scale supply chain distributors. The challenge of deciding which trucks should go to which distribution centers to pick up what cargo to bring to which stores can be addressed for one or two carefully specified – and often simplified – scenarios using current solutions, says the Accenture patent. “With the solution described in the patent, a distributor could explore significantly more scenarios, asking and answering new and different kinds of questions to better understand the implications of adjusting the number of trucks or frequency of deliveries so an optimal decision can be made.” Related stories: Accenture acquires Intrigo Systems as expands its digital supply chain op...

How is Accenture addressing the emerging market for quantum computing technology? A. by adopting a Quantum-as-a-Service approach using existing quantum computers. B. by taking a “wait and see” approach until quantum computers are developed further. C. by building our own quantum computers that will be hosted in Accenture offices. D. by advising our clients to replace all their classical computers with quantum machines. Ans: A. by adopting a Quantum-as-a-Service approach using existing quantum computers. Accenture is addressing the emerging market for quantum computing technology by adopting a Quantum-as-a-Service (QaaS) approach using existing quantum computers. This approach allows clients to access the capabilities of quantum computing through the cloud, without the need for them to build or purchase their own quantum computers. Accenture has established a strategic partnership with leading quantum computing companies such as IBM, D-Wave Systems, and 1QBit. These partnerships enable Accenture to provide QaaS offerings, which include access to quantum hardware, algorithms, and software tools. Accenture also offers consulting services to help clients understand how quantum computing can be integrated into their businesses, identify relevant use cases, and develop strategies for implementation. In summary, Accenture’s approach to quantum computing involves partnering with leading quantum computing companies and offering QaaS solutions to clients, enabling them to leverage t...

Accenture has been granted a US patent for a solution that leverages quantum computing technology to optimise business decision making, creating unprecedented efficiency and effectiveness. In a statement released this week, the leading global professional digital and technology company, announced that it has been granted a US patent for a “multi-state quantum optimisation engine”. The patent shows Accenture’s belief that businesses could take advantage of the best aspects of both classical and quantum computing techniques to enable breakthrough solutions to problems that couldn’t be solved before. Through this new engine, Accenture can run multiple simultaneous simulations in order to establish and determine the ‘optimal’ outcome. One key example, as highlighted by Accenture in the patent, is in large-scale supply chain distributors. The challenge of deciding which trucks should go to which distribution centers to pick up what cargo to bring to which stores can be addressed for one or two carefully specified – and often simplified – scenarios using current solutions, says the Accenture patent. “With the solution described in the patent, a distributor could explore significantly more scenarios, asking and answering new and different kinds of questions to better understand the implications of adjusting the number of trucks or frequency of deliveries so an optimal decision can be made.” Related stories: Accenture acquires Intrigo Systems as expands its digital supply chain op...

How Will Accenture Benefit? It seems that through this multi-year strategic relationship, Accenture is eyeing to tap the immense potential that quantum computing has in addressing mission-critical business problems and help its clients explore and utilize this potential. Accenture said that it will help companies become quantum ready with the help of its skills and experience in quantum, and also with its ability to design and develop customized industry solutions tailored to IonQ’s quantum computing technology. Marc Carrel-Billiard, senior managing director and Technology Innovation lead at Accenture, said, "Whether in life sciences, energy distribution and storage, or logistics, quantum computing offers new and compelling ways to solve key business problems and generate new insights.” Accenture’s shares have gained 42.4% over the past year, underperforming the 48.9% growth of the Accenture PLC Price Accenture currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank stocks here. Time to Invest in Legal Marijuana If you’re looking for big gains, there couldn’t be a better time to get in on a young industry primed to skyrocket from $17.7 billion back in 2019 to an expected $73.6 billion by 2027. After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could be a still greater bonanza for investors. Even before the latest wave of legalization, Zack...

How is Accenture addressing the emerging market for quantum computing technology? A. by adopting a Quantum-as-a-Service approach using existing quantum computers. B. by taking a “wait and see” approach until quantum computers are developed further. C. by building our own quantum computers that will be hosted in Accenture offices. D. by advising our clients to replace all their classical computers with quantum machines. Ans: A. by adopting a Quantum-as-a-Service approach using existing quantum computers. Accenture is addressing the emerging market for quantum computing technology by adopting a Quantum-as-a-Service (QaaS) approach using existing quantum computers. This approach allows clients to access the capabilities of quantum computing through the cloud, without the need for them to build or purchase their own quantum computers. Accenture has established a strategic partnership with leading quantum computing companies such as IBM, D-Wave Systems, and 1QBit. These partnerships enable Accenture to provide QaaS offerings, which include access to quantum hardware, algorithms, and software tools. Accenture also offers consulting services to help clients understand how quantum computing can be integrated into their businesses, identify relevant use cases, and develop strategies for implementation. In summary, Accenture’s approach to quantum computing involves partnering with leading quantum computing companies and offering QaaS solutions to clients, enabling them to leverage t...