Exploring Quantum AI: Business Leaders Embrace New Tech

Embracing the Future with Quantum AI

SAS is committed to making quantum research accessible and intuitive for organizations that face complex data challenges. The rise of quantum technologies, particularly quantum AI, has captured the interest of business leaders worldwide, highlighting a significant transition in how companies analyze and interpret data.

High Interest in Quantum Technologies

A recent survey involving 500 business leaders across various sectors revealed that a staggering 60% are currently engaging in projects related to quantum AI. This enthusiasm marks a turning point as organizations strive to harness the power of quantum computing in their operations. However, while the potential of quantum AI is acknowledged, many organizations face challenges in implementing it.

Identifying Adoption Barriers

Among the barriers identified by surveyed executives are high implementation costs (38%), insufficient knowledge (35%), and uncertainty regarding practical applications (31%). These concerns illustrate that while the curiosity surrounding quantum AI is pronounced, a strategic plan is necessary to fully unlock its capabilities.

SAS Leading the Charge

SAS, recognized as a pioneer in data analytics and AI, is positioned to assist businesses in navigating the complexities of quantum technologies. The company collaborates with various clients to initiate pilot projects and develop practical use cases for quantum AI, making it easier for businesses to adopt these innovative solutions.

Real-World Applications and Collaborations

SAS is working to simplify quantum analytics by providing tools that enable businesses to generate valuable insights without needing an extensive understanding of quantum physics. Bill Wisotsky, Principal Quantum Architect at SAS, emphasizes the importance of helping customers leverage quantum developments to improve their decision-making processes and problem-solving capabilities.

In collaboration with major companies, SAS has initiated projects focusing on hybrid quantum-classical optimization. These endeavors utilize advanced quantum annealing techniques alongside traditional optimization methodologies to solve complex business challenges more efficiently. The urgency of addressing real-world issues with quantum AI technologies is at the forefront of SAS's mission.

The Journey of Quantum AI Research

Quantum AI synergizes quantum computing and artificial intelligence to create cutting-edge algorithms and models capable of processing complex datasets. This technology is poised to transform industries, with particular promise in life sciences for drug discovery, financial services for risk management, and manufacturing for optimizing production processes.

Collaborations with Industry Leaders

SAS has formed strategic partnerships with leading organizations in the quantum computing space to enhance its capabilities. Collaborations include:

• D-Wave Quantum Inc. (NYSE: QBTS) – as a pioneer in quantum annealing systems, D-Wave collaborates with SAS to leverage its technologies in real-world applications.
• IBM – SAS is a part of the IBM Quantum Network, aimed at accelerating the use of hybrid systems combining classical and quantum approaches to tackle complex problems.
• QuEra Computing Inc. – through the QuEra Quantum Alliance, SAS joins initiatives that advance neutral-atom quantum computing for complex computational challenges.

Looking Ahead: SAS's Vision for Quantum AI

SAS is also experimenting with incorporating quantum components into their latest offerings, such as the SAS Viya Workbench. This self-service platform is designed to facilitate data analysis and exploratory research, allowing users to experiment with quantum AI technologies effectively.

In a global survey conducted recently by SAS, responses from managers across different countries confirmed that over 70% were either familiar or somewhat familiar with quantum AI concepts. They recognized its potential in areas like data analytics, R&D, and cybersecurity.

Sharing Insights at Conferences

At the upcoming SAS Innovate event, an executive from a SAS customer will present a proof-of-concept project that exemplifies the practical applications of quantum technologies. The event will feature a dedicated quantum booth and sessions aimed at educating attendees about the integration of quantum AI in business strategies.

For those eager to stay connected with SAS's advancements, the company's website and social media channels offer the latest updates and insights into their ongoing research and development efforts.

About SAS

SAS has established itself as a leader in analytics and artificial intelligence, providing organizations with solutions that transform data into actionable insights. With a focus on innovation, SAS consistently supports clients in making informed decisions through the effective usage of data.

Frequently Asked Questions

What is quantum AI?

Quantum AI combines quantum computing with artificial intelligence to create advanced algorithms capable of processing complex data more efficiently.

Why are businesses interested in quantum AI?

Businesses are interested in quantum AI for its potential to enhance data analysis, improve decision-making, and tackle problems that traditional computers struggle with.

What barriers do businesses face in adopting quantum AI?

Challenges include high costs, lack of understanding, and uncertainty about practical applications.

How is SAS helping businesses with quantum AI?

SAS aids businesses by providing pilot projects, strategic direction, and user-friendly tools to help organizations leverage quantum AI effectively.

Which companies is SAS collaborating with?

SAS is collaborating with prominent companies such as D-Wave, IBM, and QuEra to advance the application of quantum technologies in various industries.

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