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Data Reply Quantum Vision: Better Business through more Computational Power

Data Reply is the Reply Group company offering excellent services for Big Data, Artificial Intelligence and Quantum Computing.

We operate across different industries and business functions, working directly with executive level professionals and Chief Officers enabling them to achieve meaningful outcomes through effective use of data.

We build Data Platforms, and define and implement Machine Learning and Artificial Intelligence models in an efficient, replicable and scalable way, by relying upon human resources highly skilled in Big Data Engineering, Data Science and Intelligent Process Automation.

Always active on innovations, we are applying Quantum algorithms to support the optimization of processes with high computational needs.

Recently, while supporting one of our clients in improving their processes, we faced a peculiar challenge: The customer had an in-house built optimization model able to solve the case it was designed for, and they wanted to exploit the flexibility of Quantum formulations (such as the Quadratic Unconstrained Binary Optimization, or QUBO) to better describe their business process, while preserving the tool’s current responsiveness. The tool they had developed was able to perform the computation in the order of a minute.

In order to successfully respond to the challenge, we conceived a new solver which could be able to manage tens of thousands of variables and to deliver high business-value solutions with reduced computational time: MegaQUBO – our solver for QUBO models that uses Graphics Processing Units (GPUs) to accelerate elaborations – was born!

Today MegaQUBO is a complete cloud solution for a Quantum-inspired solver able to manage very large optimization models with extraordinarily short computational time. Moreover, MegaQUBO allows you to compile the formulation describing your business problem into the computing engine, further reducing the amount of time required to perform the elaboration.

Since its inception, we have exploited MegaQUBO in very different application scenarios, proving its efficacy in process optimization for multiple contexts, such as finance and risk, marketing campaign design and planning, transportation and utilities. In all these different applications, the simultaneous reduction of computing time and increase of solutions quality were of crucial importance to bring value to our customers.

Thanks to our experience, in Data Reply we have designed step-by-step process to guide customers and partners towards the successful application of Quantum-inspired solutions, from identifying high-potential use cases in their organizations, to perform measurement and benchmarking of the advantages this technology can offer them today.

https://www.reply.com/data-reply/en/stories/quantum-algorithms-for-the-optimization-of-maintenance-work

https://link.springer.com/article/10.1007/s42484-020-00014-w

 

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