REPLY Brings Quantum Computing Into Practice
14.9.2023 10:30:00 EEST | Business Wire | Press release
Reply is part of the research project "Bench-QC", which stands for application-driven benchmarking of quantum computing. The focus of the project, which is funded by the Bavarian State Ministry of Economic Affairs, Regional Development and Energy, is the practical usability of quantum computing in industrial applications. The initiative, consisting of industrial partners and Fraunhofer institutes, specifically identifies the applications for which quantum computing can provide a benefit to companies.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230914964363/en/
The goal of the Bench-QC project is to investigate when quantum computers produce better results than classic high-performance computers. Reply has the role of consortium leader and is bringing in already implemented use cases in various industries in the field of quantum-inspired optimization. (Photo: Reply)
Reply has the role of consortium leader and is bringing in already implemented use cases in various industries in the field of quantum-inspired optimization. Reply has developed an efficient classical solver for QUBO (quadratic unconstrained binary optimization) problems: the Reply tool "MegaQUBO" finds solutions for tens of thousands of variables within seconds. Reply's reference implementation for hybrid neural networks is also included in the benchmarking project.
Filippo Rizzante, CTO at Reply, commented: "We are very excited to bring quantum computing into practice. With this initiative, we want to bring academic discussions to the business world and show companies how they can use quantum computing commercially and the benefits they can derive from it. That is why we have developed quantum-inspired algorithms that allow us to describe and optimize complex situations, giving companies time and cost savings".
In addition to Reply, the project partners include BMW, and the two Fraunhofer institutes for Integrated Circuits IIS, and for Cognitive Systems IKS. The lighthouse project, scheduled for three years, is part of the Munich Quantum Valley of the Bavarian state government, and aims to establish expertise in quantum computing and quantum technologies in Bavaria.
Reply
Reply [EXM, STAR: REY] specialises in the design and implementation of solutions based on new communication channels and digital media. As a network of highly specialised companies, Reply defines and develops business models enabled by the new models of AI, big data, cloud computing, digital media and the internet of things. Reply delivers consulting, system integration and digital services to organisations across the telecom and media; industry and services; banking and insurance; and public sectors. www.reply.com
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230914964363/en/
Contact information
Media contacts:
Reply
Fabio Zappelli
f.zappelli@reply.com
Tel. +390117711594
Sandra Dennhardt
s.dennhardt@reply.com
Tel. +49 170 4546229
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Telness Tech Becomes Valdyr, Making Seamless OS the AI-Native Execution Layer for Telecom Operators15.9.2026 15:30:00 EEST | Press release
Valdyr positions Seamless OS as the AI-native execution layer for telecom operators: the layer on which commercial decisions are carried out, rather than a system of record that reports on them. Offers, subscriptions, billing, provisioning, customer journeys and integrations run in one place, telecom processes are built as automated workflows instead of custom development, and AI is applied to commercial and customer-facing operations inside the platform rather than sold as a separate product. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260915818094/en/ Telness Tech is rebranding and becoming Valdyr The platform supports operators across the United States, Europe and beyond. Recent additions include Telia, the Nordic incumbent operator, and Truecaller, the caller-identification company. "We ran an operator on the same legacy systems everyone else runs on, and developed our way out of them, creating Seamless OS," said Mart
BMC TV expands UK network for major sports broadcasts with Adtran and Fibre Technologies Ltd15.9.2026 15:00:00 EEST | Press release
Adtran today announced that BMC TV has expanded its UK core network, harnessing Adtran technology to support coverage of major events, including the FIFA World Cup and extensive racecourse broadcasting across the UK. The new infrastructure strengthens BMC TV’s packet edge, access and aggregation layers, enabling reliable distribution of live feeds across multiple locations with deterministic, low-latency performance. Designed to scale with growing broadcast demands, the network also provides a clear route to future 400Gbit/s services. The deployment was delivered in partnership with Fibre Technologies Ltd, which led solution design, commercial engagement and implementation support. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260915498940/en/ Adtran’s technology is helping BMC TV expand its core network to deliver live sporting events across the UK. “Live sports coverage places intense and constantly changing demands on ou
Two Powerhouses, One Drive: SharkNinja Joins McLaren Racing as Official Partner15.9.2026 15:00:00 EEST | Press release
SharkNinja, Inc. (NYSE: SN), a global product design and technology company, is proud to announce its new global partnership with McLaren Racing, the renowned British motorsport team, across its Formula 1, IndyCar, World Endurance Championship, and F1 Academy entries. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260915026788/en/ As an Official Partner, SharkNinja will become part of the McLaren Racing ecosystem through exclusive experiences, content, and activations designed to connect fans with the ethos and innovation of the two brands. Through the McLaren Racing Accelerator Program, engineers from both companies will work together to apply advanced racing methodologies to the development of future SharkNinja products. “McLaren is one of the most decorated teams in motorsport history, built on a legacy of innovation, technical excellence, and performance at the highest level," said Mark Barrocas, Chief Executive Officer
The LYCRA Company Appoints Hua Du as Chief Executive Officer15.9.2026 15:00:00 EEST | Press release
The LYCRA Company, a global leader in developing fiber and technology solutions for the apparel and personal care industries, announced today that Hua Du has been appointed chief executive officer, effective September 14, as the company enters its next chapter following the successful completion of its financial restructuring. Du succeeds Dean Williams, who served as interim chief executive officer and will continue in his role as chief financial officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260915565505/en/ The LYCRA Company Appoints Hua Du as Chief Executive Officer. With 30 years of leadership experience in the specialty chemical and biotechnology industries, Du is well positioned to lead the company into its next chapter. Du brings 30 years of leadership experience in the specialty chemical and biotech-based industries, driving transformational growth across global businesses. Du most recently served as CEO of
Ori Biotech Announces 10-year, $120M Partnership to Advance Automated Manufacturing for Commercial Cell Therapies15.9.2026 15:00:00 EEST | Press release
Oribiotech Ltd. (Ori), a leader in advanced cell and gene therapy (CGT) manufacturing technology, today announced a strategic collaboration with an undisclosed biopharmaceutical company to integrate the IRO® platform into a commercial cell therapy manufacturing process in a deal valued at up to $120M in services, milestones, equipment and consumable purchases over the next 10 years. The collaboration is designed to modernize the partner’s autologous cell therapy manufacturing infrastructure with the aim of expanding patient access to current and future potentially transformative cell therapies. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260915757436/en/ The IRO platform Autologous cell therapies, manufactured from a patient's own cells, require precise, reliable and scalable manufacturing processes. Meeting that requirement is essential to sustaining commercial availability and to rapidly bringing the next generation of
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom