Strangeworks, a leading provider of optimization solutions, has announced its expansion into the Japanese market with a new office in Tokyo and a partnership with NEC to become the first international reseller of NEC’s quantum-inspired solutions. This move marks a significant milestone for Strangeworks, which has been growing its global presence beyond its headquarters in Austin, Texas, and European headquarters formed in 2021.
Through this partnership, Strangeworks will offer NEC’s Vector Annealing Service, a cutting-edge technology that provides large-scale combinatorial problem-solving performance with high-speed optimization. This service has already demonstrated real-world value in various industries, including shipping route optimization, production planning optimization, and credit card fraud detection.
William “whurley” Hurley, founder and CEO of Strangeworks, expressed excitement about the partnership, stating that it will drive adoption of near-term quantum-inspired technologies. Shigeki Wada, Corporate Senior Vice President at NEC, also welcomed the integration of the NEC Vector Annealing Service into Strangeworks’ Quantum Cloud platform, which will make it available to customers worldwide.
Expanding Global Presence: Strangeworks Partners with NEC
Strangeworks, a leading provider of optimization solutions, has announced its commitment to expanding its global presence beyond its existing headquarters in Austin, Texas, and European headquarters formed in 2021. The company is forming a Japanese entity and creating a permanent local presence in Japan, which will enable it to tap into the Japanese market while bringing innovative Japanese technologies to the global stage.
This expansion is part of Strangeworks’ strategy to provide optimization solutions to enterprises today, leveraging real-world proven quantum-inspired technologies on its compute platform. The company has formalized numerous key strategic partnerships with several leading Japanese companies over the past two years, underscoring its commitment to providing cutting-edge solutions.
NEC Vector Annealing Service: A Quantum-Inspired Solution
At the heart of this partnership is the NEC Vector Annealing Service, a quantum-inspired solution that provides large-scale combinatorial problem-solving performance with high-speed optimization. This service utilizes NEC’s proprietary quantum-inspired annealing algorithm to tackle complex problems in various industries, including shipping route optimization, production planning optimization, credit card fraud detection, and layout optimization for wind farms.
The NEC Vector Annealing Service has already demonstrated real-world value, and Strangeworks is now the first international reseller of this solution outside of Japan. This partnership will enable customers across the U.S., Europe, and Asia to access this cutting-edge technology, driving adoption of near-term quantum-inspired technologies.
Optimizing Business Operations with Quantum-Inspired Technologies
The NEC Vector Annealing Service has been successfully used in optimizing planning operations such as production and delivery planning. With its integration into Strangeworks’ Quantum Cloud platform, customers can now access this solution to accelerate the resolution of a wider range of business issues across various industries.
The upcoming Vector Annealing Service 3.0 will introduce features such as Constraint Priority for efficient handling of inequality constraints, Higher-Order Terms Support for quadratic, cubic & higher-order polynomials, and Constraint Weight Auto-Tuning functionality. These advancements will further enhance the capabilities of this quantum-inspired solution, enabling businesses to tackle complex optimization problems with greater ease.
Democratizing Access to Quantum-Inspired Technologies
Strangeworks’ compute platform provides access to classical, quantum-inspired, and quantum computing technologies, making it easy for organizations to solve today’s business problems while pathfinding solutions for tomorrow. The company’s Optimization module and business management tools enable teams to manage compute resources, collaborate, and track billing in one place.
By providing access to the NEC Vector Annealing Service on a monthly subscription basis, Strangeworks is democratizing access to quantum-inspired technologies, enabling businesses of all sizes to leverage these solutions to drive innovation and growth.
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