View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Hardware
December 15, 2022

Multiverse creates quantum calculator for optimisation issues

The new algorithm can help in finance and engineering and will improve as quantum computers become faster and more fault tolerant.

By Ryan Morrison

Quantum computing software company Multiverse has created a new algorithm that illustrates how current quantum computers can be used to do the type of complex mathematical calculations required for optimisation problems. This could be useful in finance and engineering sectors and will “only improve as quantum computers improve,” the company says.

Quantum computer
The new algorithm has been tested in simulations but Multiverse says it will also work ‘when we have fault-tolerant quantum computers’. (Photo by Bartlomiej K. Wroblewski/Shuterstock)

Details of the algorithm have been published in a new paper, explaining that when run it can turn even lower qubit quantum computers available today into advanced calculators to carry out equations used by scientists, banks and engineers on a daily basis.

These calculations now possible using noisy early quantum computers include carrying derivatives, partial differential equations and Fourier analysis, a way to break down a signal into simpler pieces for easier analysis. Some of these calculations are relatively straightforward for classical computers running specialist software, but not so for quantum machines, which, with the right optimisation, could perform particularly complex equations much faster.

The Multiverse team found that the simulations they ran to test their algorithm are “at least comparable to the best classical computers” that are available today and will continue to improve as quantum computing performance increases. Effectively the better the quantum computer, the more it will outpace the performance of the same algorithms on classical machines.

“Our research shows that we can transform today’s Noisy Intermediate-Scale Quantum (NISQ) devices into advanced quantum-based ‘calculators’ that are able to do very complex calculations with very few qubits and limited error correction and provide value now,” said Román Orús, co-founder and Chief Scientific Officer at Multiverse.

Enterprise companies are increasingly investing in quantum computing, with a recent study finding that business leaders expect to see commercialised quantum computing within the next five years. Of those responding to a survey for the study, 61% plan to invest $1m or more in the technology within the next three years and 10% plan to pump more than $20m into quantum resource in the same period.

This is in part due to the fact that even if not running algorithms not possible on classical computers, known as quantum advantage, it is expected quantum hardware will outperform classical computers running the same calculations, which is particularly important in a sector where speed is essential.

Continuous variables

While classical computers have been running these calculations, including Fourier analysis and carrying derivatives for decades, bringing them to quantum computing has proved more of a complex problem. The algorithm enables calculations to run on a quantum computer by using “continuous variables” which can take on an unlimited number of values between the lowest and highest points of measurements. They are different from discrete variables, which can only take on a limited number of values.

Content from our partners
How designers are leveraging tech to apply the brakes to fast fashion
Why the tech sector must embrace faster, smarter talent recruitment
Sherif Tawfik: The Middle East and Africa are ready to lead on the climate

Continuous variables are useful in many applications including optimising operations in a factory, taking into account multiple variables such as temperature, humidity, air pressure and other constantly changing conditions. This could be useful for air traffic controllers, healthcare professionals, automotive engineers and weather forecasters.

For automotive engineering, continuous variables enable engineers to optimise performance and fuel economy for vehicles, reducing operating costs and increasing efficiency. There is also a use in financial modelling, where the variables provide the ability to identify trends and make informed investment decisions.

The new quantum computing algorithm enabling these calculations was designed to run on programmable quantum computers and was tested on a simulator, according to Multiverse, with Orús explaining that “we will still be able to use these types of algorithms once we have fault-tolerant computers. Quantum computers with more qubits and advanced error correction will only increase the accuracy, quality and the speed of the solution”.

The efficiency of the new algorithm comes from two key approaches that allow for continuous optimisation. These include encoding qubits with three continuous variables, and then another technology known as quantum state tomography. This is a technique used to determine the quantum state of a system by measuring observables to reconstruct the state, analyse the behaviour and characterise its performance. This can also be used to verify the accuracy of the algorithm which is useful in a noisy machine.

Read more: Quantum computing high on the enterprise agenda – study

Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU