Quantum computing is much ballyhooed for its potential to run simulations vast amounts of data, ideally to help enterprises solve hairy optimization problems. And while the relative immaturity of quantum technology has dampened some of its attendant enthusiasm, one financial service provider is forging ahead.
Ally Financial has partnered with Microsoft to leverage the tech giant’s quantum computing assets in its Azure cloud. With quantum, Ally is aiming to run sophisticated simulations exploring new financial products for customers more efficiently than with conventional computers, says Sathish Muthukrishnan, the all-digital bank’s chief information, data and digital officer.
To read this article in full, please click here
(Insider Story)
Read More from This Article: Ally and Microsoft partner on quantum computing
Source: News