Business
QCI Achieves Best-in-Class Performance with its Mukai Quantum-Ready Application Platform
LEESBURG, Va., June 02, 2020 (GLOBE NEWSWIRE) -- Quantum Computing Inc. (OTCQB:QUBT) (QCI), a technology leader in quantum-ready applications and tools,
About this update from Quantum Computing Inc.
[{"type":"text","content":"LEESBURG, Va., June 02, 2020 (GLOBE NEWSWIRE) -- Quantum Computing Inc. (OTCQB:QUBT) (QCI), a technology leader in quantum-ready applications and tools, reported in a newly released scientific paper that QCI qbsolv™, a component of its Mukai™ software execution platform for quantum computers, has delivered on its promise of immediate performance benefits from quantum-ready methods running on classical computers.\n These performance benefits eliminate one of the greatest obstacles to the development and adoption of quantum-ready applications, since up until now they have been slower than traditional methods running classically. The results show that Mukai provides better results than currently used software to solve complex optimization problems faced by nearly every major company and government agency worldwide. While future quantum computers are expected to deliver even greater performance benefits, Mukai delivers today the best-known quality of results, time-to-solution, and diversity of solutions in a commercially available service. This superior capability enables business and government organizations to become quantum-ready today and realize immediate benefits from improved performance. Optimization problems can occur in logistics routing, where timely delivery, reduced fuel consumption, and driver safety all come into play. Optimization solutions can significantly mitigate the impact to revenue or business operations posed by events such as flooding or power outages. Companies can leverage the robust and diverse solutions offered by Mukai to minimize disruptive high-impact events in real-time. Optimization can also be achieved in R&D contexts like drug design, where better predicted protein folding can speed the design process, increase the efficacy of drugs, and guide the search for patient cohorts who might benefit. Optimization of business processes generated by solvers like Mukai can result in savings of hundreds of billions of dollars annually. The technical study used MIT’s MQlib, a well-established combinatorial optimization benchmark, to compare QCI qbsolv performance with those of a variety of solvers. QCI qbsolv delivered better quality or “energy” of results for most problems (27 of 45) and often ran more than four times faster than the best MQlib solver (21 of 45 problems). In terms of diversity of results—find...