What does accenture recommend quantum computing

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...

BBVA, a multinational financial services company, wanted to explore the use of quantum computing. Three use cases were identified where the complexity of the data, variables and outcomes presented significant challenges even for the most modern computer systems and software packages: • Currency arbitrage: Defining algorithms to deal with the complexity and competition involved in the process of deriving income from buying and selling currencies. • Credit scoring: Developing new credit scoring algorithms to deal with the increasing size of the datasets. • Portfolio optimization: Computing optimal trading trajectories to determine the potential impact of multiple variables on a portfolio’s performance over time. A team of researchers from Accenture worked with D-Wave and the innovation team at BBVA to explore how best to use quantum computing to gain a competitive advantage. Quantum algorithms were constructed to find opportunities for currency arbitrage, credit scoring, and optimizing trading trajectories. These use cases were mathematically modeled by the team as optimization problems that could be tackled with quantum computing, and the final quantum algorithms were then implemented and tested using quantum annealers and hybrid solutions provided by D-Wave Systems. To create useful quantum applications, it is necessary to leverage the best technology across many parts of the ecosystem and have the right talent at all levels. BBVA engaged several of its strategic partners ...

Accenture has decided to focus even more on quantum computing. It does this because more companies have shown an interest in the emerging technology. An Accenture spokesman says opposite More interest In the past two years there has been more interest among the company’s customers in quantum computing. The reason is that companies like IBM are now allowing people to experiment with first versions of quantum computing machines via the cloud, according to principal director Carl Dukatz of Accenture’s quantum computing department. For the time being, this type of machine can only solve small-scale problems, because quantum bits are sensitive and can make mistakes quickly. Commitment to quantum computing Accenture has been focusing on quantum computing for some time now. In 2015, research in this area began with research in research and development. Four researchers then began to explore the potential impact of the technology on business problems. The company now has a hundred employees worldwide who work on quantum computing or related issues. We see quantum computing as a technology that can be applied by customers across the board, says Dukatz. This year, Accenture received This news article was automatically translated from Dutch to give Techzine.eu a head start. All news articles after September 1, 2019 are written in native English and NOT translated. All our background stories are written in native English as well. For more information read