QCI Announces Ready-to-Run Quantum Optimization on AWS
LEESBURG, Va., April 13, 2021 (GLOBE NEWSWIRE) -- Quantum Computing Inc. (OTCQB: QUBT) (QCI) today announced that QCI’s Qatalyst™ constrained optimization is now available as a Software as a Service (SaaS) on Amazon Web Services, Inc. (AWS), for both classical and quantum computers. The SaaS service eliminates the need for complex quantum programming. It empowers subject matter experts (SMEs) to submit their complex optimization problems to Qatalyst, which leverages the power of quantum-ready computational software on classical processors to provide solutions. Users can also submit smaller problems to a variety of quantum processing units (QPUs) via Amazon Braket, using the exact same API with no quantum expertise required. As QPUs scale to support production usage, SMEs can submit the exact same problem to Qatalyst for hybrid classical/quantum or pure quantum processing.
Qatalyst SaaS gives users straightforward access to the software and hardware needed to drive computational results. Users or workflows simply employ one of the Qatalyst API’s six calls to submit today’s problems, with no new programming or changes to the problems. The service offers:
QCI is working closely with AWS technology to ensure that Qatalyst delivers the best possible experience for classical users and workflows as they leverage quantum techniques and resources. Today, the Qatalyst SaaS service delivers quantum-ready constrained optimization, accelerating and improving the accuracy and diversity of results on classical systems. It can accept constrained optimization problems, as well as graph models, for computation. It also includes seamless access to QPUs via Amazon Braket, including D-Wave, IonQ, and Rigetti.
“We’re leveraging the power of AWS for both CPU and QPU resources to make quantum computing available on-demand via the cloud, without expensive, lengthy, trial-and-error programming,” said Robert Liscouski, CEO of QCI. “Pairing Qatalyst with AWS empowers enterprises with a practical and scalable approach for exploring the value of quantum computing. Customers get the benefits of the cloud for solving today's problems with classical approaches, as well as simplified access to quantum computers to prepare for the future - with no risk, no programmig, just better results.”
Today’s QPUs are not yet sufficiently scalable to solve large computations. Users can run smaller subsets of problems today, while waiting for the hardware scale that’s needed for larger solutions. As a quantum-ready SaaS service, Qatalyst acts as a seamless bridge between classical and quantum computing.
Amazon Braket is a fully managed quantum computing service that helps researchers and developers get started with the technology to accelerate research and discovery.
“Amazon Braket provides easy access to different quantum computing technologies," said Richard Moulds, General Manager, Amazon Braket, AWS. "Services like QCI's Qatalyst are important in making quantum computing accessible to a broader audience and helping customers explore how to combine classical and quantum computation. We are pleased to support the QCI team in delivering innovative solutions that build on Amazon Braket."
QCI’s QikStart™ program, which was launched in February, offers quantum expertise, as well as access to AWS’s classical and quantum computing resources. It helps selected participants accelerate the adoption of quantum computing towards solving mission-critical problems for business. Participants also gain access to the Qatalyst quantum application accelerator, hardware, expert resources, and funding to explore and push the boundaries of quantum computing for delivering practical business results.
To learn more about QCI, visit www.quantumcomputinginc.com
About Quantum Computing Inc.
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The Company undertakes no obligation to update or revise forward-looking statements to reflect changed conditions. Statements in this press release that are not descriptions of historical facts are forward-looking statements relating to future events, and as such all forward-looking statements are made pursuant to the Securities Litigation Reform Act of 1995. Statements may contain certain forward-looking statements pertaining to future anticipated or projected plans, performance and developments, as well as other statements relating to future operations and results. Any statements in this press release that are not statements of historical fact may be considered to be forward-looking statements. Words such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," “aim to,” or variations of these or similar words, identify forward-looking statements. These risks and uncertainties include, but are not limited to, those described in Item 1A in the Company’s Annual Report on Form 10-K, which is expressly incorporated herein by reference, and other factors as may periodically be described in the Company’s filings with the SEC.
Qatalyst™ and QikStart™ are trademarks of Quantum Computing Inc. All other trademarks are the property of their respective owners.
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