Monday, April 17, 2023

D-Wave Quantum Inc. (NYSE: QBTS) Provides Practical Quantum Computing Solutions to Help Companies Improve Operational Efficiencies and Navigate Complexity

 

  • D-Wave has worked on quantum hybrid applications with commercial customers including industry leaders like Volkswagen, Mastercard, Deloitte, ArcelorMittal, Siemens Healthineers, Unisys, Accenture, BBVA, NEC Corporation, Pattison Food Group Ltd., DENSO, and Lockheed Martin
  • The company’s intellectual property portfolio includes more than 210 issued US patents and more than 100 peer-reviewed papers in leading scientific journals
  • D-Wave’s customer success stories showcase the company’s quantum computing technology in action

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, focused on delivering value to customers via practical quantum applications for problems such as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, fault detection, and financial modeling, showcases the tangible value of its practical quantum computing solutions through its customer success stories.

D-Wave has worked with commercial customers include blue-chip industry leaders like Volkswagen, Mastercard, Deloitte, ArcelorMittal, Siemens Healthineers, Unisys, Accenture, BBVA, NEC Corporation, Pattison Food Group Ltd., DENSO, and Lockheed Martin, in addition to others. The company owns one of the industry’s largest quantum computer intellectual property portfolios, boasting more than 210 issued US patents, and has published more than 100 peer-reviewed papers in leading scientific journals.

Testimonials from D-Wave customers, highlighted in a dedicated video on the company’s website, showcase real-life use cases of D-Wave’s quantum computing solutions being used to address a variety of problems ranging from grocery optimization to protein design (https://ibn.fm/8R769). In addition, several customers joined D-Wave on stage at the Qubits user conference in January, showing live demos of the quantum-hybrid applications built on D-Wave technology (https://ibn.fm/lKsjm).

“Using hybrid quantum applications, we’re able to solve astronomical protein design problems,” said Hans Melo, Ph.D., co-founder and CEO of Menten AI, featured in the customer video and an individual case study report (https://ibn.fm/ktCyC). “We’ve seen extremely encouraging results, with hybrid quantum procedures often finding better solutions than competing classical solvers for de novo protein design. This means we can create better proteins and ultimately enable new drug discoveries.”

The advances in computing technology have allowed companies like Menten AI to begin transforming the protein design process. Through D-Wave’s hybrid solver, Menten AI produced several different peptide designs from scratch, made with both natural and non-natural amino acids – creating an expansion of the fundamental building blocks of life beyond those used in nature up until now.

Pattison Food Group integrated D-Wave’s quantum technology to provide optimization that aligns with its complex business constraints to decrease costs, improve performance, and improve customer experience. So far, the company has seen a reduction in time spent solving these problems from 25 hours to seconds, has reduced turnaround time from idea to design in two months, and has started applying quantum in daily production by embedding it seamlessly into its business solutions (https://ibn.fm/cDilm).

When the pandemic created myriad disruptions and logistical challenges for organizations, Tokyo-based startup Sigma-i collaborated with D-Wave to develop a quantum computing-based solution to circumvent these problems for businesses, schools, hospitals, and more. The parameters of the New Normal Scheduler were easily optimized as operating conditions changed – shifts in remote work, accounting for holidays, or other interruptions in the work week. Once fed the relevant information, D-Wave’s hybrid solver service produced an optimized work schedule in a matter of seconds (https://ibn.fm/hjhC2).

For more information, visit the company’s website at www.DWaveQuantum.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

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