{"id":15929,"date":"2019-07-10T15:54:50","date_gmt":"2019-07-10T19:54:50","guid":{"rendered":"https:\/\/www.insurance-canada.ca\/?p=59188"},"modified":"2019-07-10T15:54:50","modified_gmt":"2019-07-10T19:54:50","slug":"accenture-awarded-second-u-s-patent-for-quantum-computing","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2019\/07\/10\/accenture-awarded-second-u-s-patent-for-quantum-computing\/","title":{"rendered":"Accenture Awarded Second U.S. Patent for Quantum Computing"},"content":{"rendered":"
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Patent is for a machine learning module that selects quantum or classical computing for optimal business outcomes<\/strong><\/h3>\n

New York, NY (July 1, 2019) \u2013 Accenture has been granted a US patent for a \u201cquantum computing machine learning module\u201d 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.<\/p>\n

Accenture\u2019s new patent \u2014 U.S. Patent No. 10,275,721 \u2014 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.<\/p>\n

\u201cQuantum computing has enormous potential, offering truly groundbreaking capabilities to rapidly solve businesses\u2019 most difficult computational challenges. And determining when to employ quantum \u2014 as opposed to, or in tandem with classical computing \u2014 is critical to realizing this potential,\u201d said Marc Carrel-Billiard, senior managing director, Accenture Labs. \u201cOur latest patent in this area reflects our ongoing commitment to explore ways to apply the best technologies at the right times for our clients to achieve better business outcomes.\u201d<\/p>\n

This patent adds to Accenture\u2019s robust global intellectual property portfolio, including a patent that Accenture was awarded<\/a> for a \u201cmulti-state quantum optimization engine\u201d in 2018. It also builds on years of Accenture\u2019s quantum investments, partnerships and R&D efforts.<\/p>\n

\u201cClients look to Accenture to help drive innovation in their organizations, and we are committed to embracing this opportunity at every turn,\u201d said Athina Kanioura, Accenture\u2019s chief analytics officer and global head of Applied Intelligence. \u201cWorking to advance applications for AI has been a huge focus for our team, and quantum computing presents yet another avenue for how we can use AI to maximize value.\u201d<\/p>\n

The patent for the quantum computing machine learning module was co-invented by several Accenture associates: Carl Dukatz, principal director in Accenture\u2019s quantum computing practice; Daniel Garrison, managing director at Accenture Digital; and Lascelles Forrester, managing director at Accenture Digital.<\/p>\n

To learn more about Accenture and its quantum computing work, please visit www.accenture.com\/quantum<\/a>.<\/p>\n

About Accenture<\/b><\/p>\n

Accenture (NYSE: ACN)<\/em> is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions \u2014 underpinned by the world\u2019s largest delivery network \u2014 Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With 482,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Learn more at www.accenture.com<\/a>.<\/p>\n

Copyright \u00a9 2019 Accenture. All rights reserved. Accenture and its logo are trademarks of Accenture.<\/i><\/p>\n

SOURCE: Accenture<\/i><\/p>\n

Backgrounder:<\/h3>\n

Accenture Awarded US Patent for Combining Classical and Quantum Computing With Potential to Address Previously Unsolvable Business Problems<\/h2>\n

New York, NY (Dec. 19, 2018) \u2013 Accenture has been granted a US patent for a \u201cmulti-state quantum optimization engine\u201d that leverages quantum computing technology to help organizations optimize business decision making with unprecedented efficiency and effectiveness.<\/p>\n

Quantum computing has the potential to solve complex business problems millions of times faster than classical computing by leveraging the properties of quantum physics to process multiple computing tasks in parallel. Accenture\u2019s new patent \u2014 U.S. Patent No. 10,095,981 \u2014 reveals how businesses could take advantage of the best aspects of both classical and quantum computing techniques to enable breakthrough solutions to problems that couldn\u2019t be solved before.<\/p>\n

Accenture\u2019s patent describes an optimization engine that helps organizations identify a broader range of solutions to business challenges. By running multiple simulations at the same time, the optimal outcome can be identified, improving business decision-making and operational efficiency. For example:<\/p>\n