By IQT News posted 03 Jan 2019

(Consulting.US.News) Accenture was recently granted a US patent for a ‘multi-state quantum optimization engine.’ The technology leverages the increased processing power of quantum computing to optimize business decision-making. Accenture’s new patent (U.S. Patent No. 10,095,981) combines aspects of classical and quantum computing into an optimization engine that helps organizations identify optimal solutions to business problems through the concurrent running of multiple simulations.
In 2017, Accenture strategically allied with quantum computing firm 1Qbit, and the pair collaborated with Biogen to develop an innovative quantum-enabled application to exponentially speed up drug discovery. Earlier this year, Accenture joined the IBM Q community of partners building quantum applications.
Narendra Mulani, chief analytics officer, Accenture Applied Intelligence, explained the hybrid computing engine. “Integrating both classical and quantum computing devices could allow organizations to run simulations at a massive scale to determine best possible outcomes. It’s a truly visionary concept — clients can apply it to solving optimization tasks from a wide range of applications, such as machine learning, information security, pattern recognition, image analysis, and bioinformatics.”

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