Tech company uses quantum computers to help shipping and trucking industries – FreightWaves
Ed Heinbockel, president and chief executive officer of SavantX, said hes excited about how a powerful new generation of quantum computers can bring practical solutions to industries such as trucking and cargo transport.
With quantum computing, Im very keen on this, because Im a firm believer that its a step change technology, Heinbockel said. Its going to rewrite the way that we live and the way we work.
Heinbockel referred to recent breakthroughs such as Googles quantum supremacy, a demonstration where a programmable quantum processor solved a problem that no classical computer could feasibly solve.
In October 2019, Googles quantum processor, named Sycamore, performed a computation in 200 seconds that would have taken the worlds fastest supercomputer 10,000 years to solve, according to Google.
Jackson, Wyoming-based SavantX also recently formed a partnership with D-Wave Systems Inc., a Burnaby, Canada-based company that develops and offers quantum computing systems, software and services.
With D-Waves quantum services, SavantX has begun offering its Hyper Optimization Nodal Efficiency (HONE) technology to solve optimization problems to customers such as the Pier 300 container terminal project at the Port of Los Angeles.
The project, which began last year, is a partnership between SavantX, Blume Global and Fenix Marine Services. The projects goal is to optimize logistics on the spacing and placement of shipping containers to better integrate with inbound trucks and freight trains. The Pier 300 site handles 1.2 million container lifts per year.
With Pier 300, when do you need trucks at the pier and when and how do you get them scheduled optimally?, Heinbockel said. So the appointing part of it is very important and that is a facet of HONE technology.
Heinbockel added, Were very excited about the Pier 300 project, because HONE is a generalized technology. Then its a question of what other systems can we optimize? In all modes of transportation, the winners are going to be those that can minimize the energy in the systems; energy reduction. Thats all about optimization.
Heinbockel co-founded SavantX in 2015 with David Ostby, the companys chief science officer. SavantX offers data collection and visualization tools for industries ranging from healthcare to nuclear energy to transportation.
Heinbockel also recently announced SavantX will be relocating its corporate research headquarters to Santa Fe, New Mexico. The new center, which could eventually include 100 employees, will be focused on the companys HONE technology and customizing it for individual clients.
Heinbockel said SavantX has been talking to trucking, transportation and aviation companies about how HONE can help solve issues such as driver retention and optimizing schedules.
One of the problems Ive been hearing consistently from trucking companies is that they hire somebody. The HR department tells the new employee well have you home every Thursday night, Heinbockel said. Then you get onto a Friday night or Saturday, and [the driver] is still not home.
Heinbockel said if quantum computing and HONE can be used to help trucking companies with driver retention, and that it will make a lot of companies happy.
Heinbockel said cross-border operations could use HONE to understand what the flow patterns are like for commercial trucks crossing through different ports at various times of the day.
You would optimize your trucking flow based on when those lax periods were at those various ports, or you could ask yourself, is it cheaper for me to send a truck 100 miles out of the way to another port, knowing that it can get right through that port without having to sit for two or three hours in queue, Heinbockel said.
Click for more FreightWaves articles byNoi Mahoney.
Read the original:
Tech company uses quantum computers to help shipping and trucking industries - FreightWaves
- Turkey Launches First 5-Qubit Quantum Computer, Called QuanT, Marking National Technology Breakthrough for the Country - Quantum Computing Report - November 23rd, 2024 [November 23rd, 2024]
- Toshiba and RIKEN Achieve 99.90% Fidelity with Double-Transmon Coupler for Superconducting Quantum Computers - Quantum Computing Report - November 23rd, 2024 [November 23rd, 2024]
- IBM and Pasqal to Advance Quantum-Centric Supercomputing with a Unified Framework - Quantum Computing Report - November 23rd, 2024 [November 23rd, 2024]
- Up 43% Today, This Quantum Computing Stock Has More Than Tripled In November - Barchart - November 21st, 2024 [November 21st, 2024]
- Quantum computing making leap from theoretical to practical - Hamburg Invest - November 21st, 2024 [November 21st, 2024]
- Google Unveils AlphaQubit: AI-Driven Breakthrough in Quantum Error Correction - Quantum Computing Report - November 21st, 2024 [November 21st, 2024]
- Lightsynq Comes Out of Stealth with $18 Million in Series A Funding to Scale Quantum Computing - The Quantum Insider - November 21st, 2024 [November 21st, 2024]
- How Clean Does a Quantum Computing Test Facility Need to Be? - HPCwire - November 21st, 2024 [November 21st, 2024]
- Alice & Bob Launch Dynamiqs: A GPU-Accelerated Library for High-Speed Quantum Simulations - Quantum Computing Report - November 21st, 2024 [November 21st, 2024]
- Microsoft and Atom Computing Are Taking Orders for a Fault Tolerant Quantum Computer with 1K (Physical) / 50 (Logical) Qubits for Delivery Next Year -... - November 21st, 2024 [November 21st, 2024]
- Nurturing The Emerging Ecosystem Of Industry-Academia Collaboration In Quantum Computing - NDTV Profit - November 21st, 2024 [November 21st, 2024]
- Microsoft and Atom Computing leap ahead on the quantum frontier with logical qubits - GeekWire - November 21st, 2024 [November 21st, 2024]
- Quantum Computing and the Evolving Cyber Threat Landscape - The Soufan Center - November 16th, 2024 [November 16th, 2024]
- What is quantum computing and how might it impact financial services? - Lloyds Banking Group - November 16th, 2024 [November 16th, 2024]
- Quantum Computing to sell 16M shares at $2.50 in registered direct offering - TipRanks - November 16th, 2024 [November 16th, 2024]
- How 'clean' does a quantum computing test facility need to be? - Phys.org - November 14th, 2024 [November 14th, 2024]
- Quantum Computing Shares Are Up By More Than 70%: Here's What You Need To Know - Benzinga - November 14th, 2024 [November 14th, 2024]
- In step forward for quantum computing hardware, IU physicist uncovers novel behavior in quantum-driven superconductors - IU Newsroom - November 14th, 2024 [November 14th, 2024]
- Closing in on quantum computing with error mitigation - ComputerWeekly.com - November 14th, 2024 [November 14th, 2024]
- IQM unveils roadmap focused on fault-tolerant quantum computing by 2030 - Scientific Computing World - November 14th, 2024 [November 14th, 2024]
- Quantum Computing is Coming - Is the Insurance Industry Ready? - - Insurance Edge - November 14th, 2024 [November 14th, 2024]
- Could Diamonds Unlock Improved Qubits for Quantum Computing? - Securities.io - November 14th, 2024 [November 14th, 2024]
- Enterprise Quantum Computing Market on Track for 29.7% CAGR | Key Growth Drivers and Future Opportunities - openPR - November 14th, 2024 [November 14th, 2024]
- Equal1s Quantum Computing Breakthough with Arm Technology - Arm Newsroom - November 14th, 2024 [November 14th, 2024]
- Quantum Algorithms Institute Partners with AbaQus and InvestDEFY to Enhance Financial Forecasting with Quantum Computing - Quantum Computing Report - November 14th, 2024 [November 14th, 2024]
- SemiQon and SDT Partner to Scale Quantum Computing with Silicon-Based QPUs - Quantum Computing Report - November 14th, 2024 [November 14th, 2024]
- The CIO's quantum leap into the cloud: Integrating quantum computing into cloud infrastructure - ITPro - November 14th, 2024 [November 14th, 2024]
- Massachusetts Invests $5 Million in New Quantum Computing Facility in Holyoke - This Week In Worcester - November 14th, 2024 [November 14th, 2024]
- Hamad Bin Khalifa University and Quantinuum Partner to Advance Quantum Computing in Qatar - The Quantum Insider - November 14th, 2024 [November 14th, 2024]
- Hamad Bin Khalifa University Partners with Quantinuum to Boost Quantum Computing Research in Qatar - Quantum Computing Report - November 14th, 2024 [November 14th, 2024]
- Singtel Expands Quantum-Safe Network with Palo Alto Networks and Fortinet Integration - Quantum Computing Report - November 14th, 2024 [November 14th, 2024]
- Quantum Computing Company to Part With General Counsel - Law.com - November 12th, 2024 [November 12th, 2024]
- Researchers from the University of Sydney demonstrate more effieicnt quantum error correction - Scientific Computing World - November 12th, 2024 [November 12th, 2024]
- Quantum computing will be the next big tech trend to have a major impact on marketing, says Citi CMO Alex Craddock - Business Insider - November 10th, 2024 [November 10th, 2024]
- A Look At The Official Opening of UKs National Quantum Computing Centre - The Quantum Insider - November 10th, 2024 [November 10th, 2024]
- IonQ Partners with imec to Advance Quantum Computing with Photonic Integrated Circuits and Chip-Scale Ion Traps - Quantum Computing Report - November 10th, 2024 [November 10th, 2024]
- BTQ Technologies and Macquarie University Partner to Drive Quantum Computing and Secure Communications - Quantum Computing Report - November 10th, 2024 [November 10th, 2024]
- IonQ to Acquire the Assets of Qubitekk to Strengthen Its Position in Quantum Networking Technology - Quantum Computing Report - November 10th, 2024 [November 10th, 2024]
- From nuclear to quantum computing, how Big Tech intends to power AI's insatiable thirst for energy - CNBC - November 10th, 2024 [November 10th, 2024]
- Quantum Computing and Critical Infrastructure - The Quantum Insider - October 16th, 2024 [October 16th, 2024]
- A Superconducting Waltz: Elia Strambini on the Quantum Future of Computing - The Quantum Insider - October 16th, 2024 [October 16th, 2024]
- Quantum computing and photonics discovery potentially shrinks critical parts by 1,000 times - Phys.org - October 16th, 2024 [October 16th, 2024]
- Nu Quantum Announces the Qubit-Photon Interface for Modular and Scalable Distributed Quantum Computing - The Quantum Insider - October 16th, 2024 [October 16th, 2024]
- How to Invest in Quantum Computing Companies (Updated 2024) - Investing News Network - October 16th, 2024 [October 16th, 2024]
- IBM pitches camp in Germany to prepare Quantum Computing for the real world - diginomica - October 16th, 2024 [October 16th, 2024]
- Purifications, Fidelity & the Future of Computing - The Quantum Insider - October 16th, 2024 [October 16th, 2024]
- Making quantum computing more accessible and applicable to real-world challenges - Scientific Computing World - October 16th, 2024 [October 16th, 2024]
- The future of quantum computing and cybersecurity in telecommunications - Telefnica - October 16th, 2024 [October 16th, 2024]
- Chinese Quantum Computing Threat Highlights Urgency for Quantum eMotion's Quantum Security Solutions - Newsfile - October 16th, 2024 [October 16th, 2024]
- Qunova Computing Achieves Chemical Accuracy in Quantum Chemistry Simulations with Innovative Hardware-Agnostic Algorithm on NISQ Devices - Quantum... - October 16th, 2024 [October 16th, 2024]
- Quantum Computing Transformed by Breakthrough Photonic Technology - SciTechDaily - October 12th, 2024 [October 12th, 2024]
- How Is Quantum Computing Being Used in Healthcare? - HealthTech Magazine - October 12th, 2024 [October 12th, 2024]
- IBM Quantum Roadmap Guide -- Scaling And Expanding The Usefulness of Quantum Computing - The Quantum Insider - October 12th, 2024 [October 12th, 2024]
- Toyota and Xanadu Partner to Bring Quantum Computing to Advanced Materials Science and Sensing Applications - The Quantum Insider - October 12th, 2024 [October 12th, 2024]
- 'Invisibility' and quantum computing tipped for physics Nobel - Yahoo! Voices - October 12th, 2024 [October 12th, 2024]
- Airbus Selects Multiverse Computing to Build Quantum-inspired Gesture Recognition Software For Fighter Pilots - The Quantum Insider - October 12th, 2024 [October 12th, 2024]
- From Legacy to Innovation: Banks' Path to Cloud, AI, and Quantum Computing - Finextra - October 12th, 2024 [October 12th, 2024]
- IBM Executive Stories: Bringing Useful Quantum Computing to the World - IBM - October 7th, 2024 [October 7th, 2024]
- Quantum Computing Market to Soar to $7.1B by 2031 with 30.7% CAGR - openPR - October 7th, 2024 [October 7th, 2024]
- Quantum Computing Market Is Going to Boom | Major Giants IBM, Google, Rigetti, Microsoft, Intel - openPR - October 7th, 2024 [October 7th, 2024]
- Will IBM's Focus on Quantum Computing Propel the Stock? - Yahoo Finance - October 7th, 2024 [October 7th, 2024]
- Nu Quantums Platform For Networking Quantum Computers Hosted at The UK's National Quantum Computing Centre - The Quantum Insider - October 7th, 2024 [October 7th, 2024]
- Quantum Computing for Real-world Applications with Professor Naoki Yamamoto of Keio University - The Quantum Insider - October 7th, 2024 [October 7th, 2024]
- University of Queensland (UQ) is Receiving $29 million AUD ($19.7M USD) in Funding for Quantum Research and Scholarships - Quantum Computing Report - October 7th, 2024 [October 7th, 2024]
- History of quantum computing: 12 key moments that shaped the future of computers - Livescience.com - October 3rd, 2024 [October 3rd, 2024]
- Quantum Sensors: Atom Interferometry. Part 3: Space is the Place - Quantum Computing Report - October 3rd, 2024 [October 3rd, 2024]
- D-Wave and Japan Tobacco Collaborate on a Quantum AI-Driven Drug Discovery Proof-of-Concept - Quantum Computing Report - October 3rd, 2024 [October 3rd, 2024]
- March-Ins on Quantum Computing is the Newest of Threats to Free Enterprise - ShortGo - October 3rd, 2024 [October 3rd, 2024]
- Quantum computing and the future of cryptography: Understanding the imminent threat - Backend News - October 3rd, 2024 [October 3rd, 2024]
- Quantum for AI: Weather Forecasting. Are we There Yet? - Quantum Computing Report - September 28th, 2024 [September 28th, 2024]
- US Implements Controls on Quantum Computing and other Technologies - HPCwire - September 28th, 2024 [September 28th, 2024]
- IBM opens its quantum-computing stack to third parties - Ars Technica - September 28th, 2024 [September 28th, 2024]
- G7 cyber group warns financial sector to prep for quantum computing risks - The Record from Recorded Future News - September 28th, 2024 [September 28th, 2024]
- IonQ Signs a $54.5 Million Contract with AFRL for Research in Both Quantum Computing and Quantum Networking - Quantum Computing Report - September 28th, 2024 [September 28th, 2024]
- Quantum computing what you need to know - Information Age - September 28th, 2024 [September 28th, 2024]
- AI and Quantum Computing Form Strong Bond to Power Materials Discovery Innovation -- SandboxAQ, EY Researchers Report - The Quantum Insider - September 28th, 2024 [September 28th, 2024]
- University of Iowa Technology Institute researcher secures nearly $1 million grant to advance quantum computing - Corridor Business - September 28th, 2024 [September 28th, 2024]
- Quantum Computing vs. Blockchain: Will It Break the System? - CCN.com - September 28th, 2024 [September 28th, 2024]
- The Pervasiveness of Machine Learning in Quantum Technology - Quantum Computing Report - September 28th, 2024 [September 28th, 2024]
- BlueQubit Launches Plugin for Pennylane to Enable Quantum Simulations on BlueQubits Platform - Quantum Computing Report - September 28th, 2024 [September 28th, 2024]