Kipu Quantum’s Algorithms for BASF Logistics Optimization
Karlsruhe, 25. July 2024 — Kipu Quantum, a German quantum software company specializing in application- and hardware-specific quantum solutions, explores the potential of its novel quantum algorithms for BASF’s logistics optimization. Utilizing a novel digital compression method, Kipu accelerates the search for optimal solutions by harnessing quantum dynamics and encoding them into digital quantum computers.
In a recent project with BASF, the world’s largest chemical company, Kipu addressed two complex logistics scenarios: optimizing robot scheduling for laboratory floor and determining the shortest route for the traveling salesperson. Kipu applied an innovative Digitized Counterdiabatic Quantum Optimization (DCQO) approach, which utilizes quantum dynamics, effectively encoding the optimization scenarios into digital quantum computers to outperform traditional algorithms like QAOA.
“Kipu’s novel algorithm represents a significant advancement in quantum optimization, delivering highest performance of a circuit model QC algorithm on the tested optimization scenarios. There is still a long way to go for this method to offer a business benefit, nonetheless, DCQO is the best we can do on circuit model QC”, said Dr. Abhishek Awasthi, quantum computing scientist at BASF. “Quantum computing for optimized logistics will create additional value for our customers and increase the efficiency and effectiveness of our processes.”
“This collaboration with BASF and the success of our digital compression methods mark a significant milestone for real-world applications of quantum computing, particularly in the NISQ-era”, said Daniel Volz, CEO of Kipu Quantum. “Our application- and hardware-specific quantum computing solutions drastically reduce the requirements for solving industry use cases.”
The latest paper on the DCQO technologies for BASF’s logistics scheduling were published here: https://arxiv.org/abs/2405.15707
About Kipu Quantum
About Kipu Quantum
Kipu Quantum is a world-class German company dedicated to advancing application- and hardware-specific quantum computing solutions across diverse industries. Since its founding in 2021, Kipu Quantum has consistently delivered groundbreaking innovations, achieving runtime quantum advantage and pioneering first quantum products. These advancements underscore the company's commitment to addressing industry-relevant challenges through innovative algorithmic technology.
The company offers its solutions as quantum software on its PLANQK platform, which enables frictionless access for more than 220 organizations to integrate quantum solutions into their existing processes. Kipu Quantum is also the pioneer in the core merging of artificial intelligence with quantum computing. Kipu Quantum designs and builds smart agents along quantum workflows involving hardware and software, giving rise to the novel field called Agentic Quantum Computing.