Quantagonia is pleased to announce industry-first feature and performance enhancements to its HybridSolver and Hybrid Quantum Platform as part of its Summer 2022 release. This release is designed to help companies benefit from quantum-inspired algorithms by allowing them to more easily formulate and maintain mathematical optimization decision models, solve them more quickly, and better understand the quality of a given solution.
BAD HOMBURG, Germany, July 21, 2022 /PRNewswire-PRWeb/ -- Quantagonia is pleased to announce industry-first feature and performance enhancements to its HybridSolver and Hybrid Quantum Platform as part of its Summer 2022 release. This release is designed to help companies benefit from quantum-inspired algorithms by allowing them to more easily formulate and maintain mathematical optimization decision models, solve them more quickly, and better understand the quality of a given solution.
HybridSolver Enhancements
Quantagonia's HybridSolver (for MIP, LP, and QUBO math optimization models) now includes the first-ever ability to 1) determine the quality (optimality) of a QUBO model's solution, and 2) the ability for the user to formulate a binary model with constraints as a MIP model and then, without reformulating it, solve it as a QUBO model for potentially significant performance gains.
In addition, this release improves HybridSolver's QUBO solving speed by an average of 4X vs. the prior release.
Hybrid Quantum Platform Enhancements
Beyond supporting the capabilities of HybridSolver, Quantagonia's Hybrid Quantum Platform now also includes the ability to process up to 500 jobs in parallel. In addition, this release adds the ability for real-time solution progress feedback when solving in the cloud. This is especially useful when developing or refining models that have longer solution times.
Helping enterprises solve challenging business problems more easily with quantum-inspired technology
Significant advances in quantum-inspired algorithms, ways to leverage today's high-performance computers, and rapidly emerging quantum computing technology enable tremendous opportunities for businesses to create competitive advantages. However, these rapid advances add considerable complexity to the task of ensuring one's company has the skill sets and IT infrastructure needed to take advantage of them. Quantagonia's mission is to reduce that complexity, ease access, and increase return on investment in decision modeling capabilities.
"We are very happy with this release and the important market needs it delivers on," said Dirk Zechiel, CEO of Quantagonia. "It further expands our customers' ability to more affordably and quickly solve challenging business problems using quantum-related advances on today's high-performance computers."
About HybridSolver and Hybrid Quantum Platform
HybridSolver is part of Quantagonia's developing SaaS, cloud-native, Hybrid Quantum Platform (HQP). Designed to support artificial intelligence/machine learning, simulation, and optimization models, HQP allows enterprises to optimally solve their decision models across available algorithms and classical and quantum hardware. This benefits businesses today while providing an on-ramp to quantum computing without having to rewrite code or models.
About Quantagonia
Founded by Prof. Dr. Sabina Jeschke, Prof. Dr. Sebastian Pokutta, Dirk Zechiel, and Philipp Hannemann, Quantagonia enables hybrid quantum-classical computing through its Hybrid Quantum Platform, delivering benefits on today's high-performance computers with seamless migration to quantum computers as those continue to evolve. You can learn more on their website: http://www.quantagonia.com/products.
Media Contact
Chris Riche, Quantagonia GmbH, 61 72 944 7130, [email protected]
SOURCE Quantagonia GmbH
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