TOKYO, Dec 22, 2022 - (JCN Newswire via SEAPRWire.com) - Fujitsu's quantum-inspired solution, Digital Annealer, has achieved excellent results in the ambitious project that the financial institution Kutxabank is developing to improve the allocation of assets to its investment portfolios.A project in collaboration with the company Quantum Mads and the open innovation platform INNOLAB Bilbao. The first phase, carried out from February 2021 to July 2022 as a proof of concept, has concluded with excellent results and directly enables the start of the second phase that will lead to the industrialization of the algorithm.During the proof of concept, the performance of the solution that has been developed using Fujitsu's Digital Annealer has been compared to the entity's current classic solution, taking into account both the return and the associated risk or volatility, with significant improvements being observed in both cases. Fujitsu's Digital Annealer has made it possible to calculate the optimal distribution of investments to be made, through a series of extremely complex permutation operations. For its part, Quantum Mads developed an algorithm that reduced the number of variables needed to formulate the problem.The second phase of the project, whose completion is scheduled for December 2023, aims to optimize the processes already in place, and incorporates new functionalities by interacting quantitatively with the model in a real and current environment. The goal for Kutxabank is to create a prototype capable of detecting needs and opportunities that are covered, with a technological solution in a real environment, and that concludes with the start-up of the solution based on the prototype.A model at the forefront of the systemThe model created applies quantum computing to the most computationally expensive tasks, at the forefront of the system, to organize investment strategies through asset allocation. It consists of choosing and distributing financial assets in an investment portfolio, one of the most important decisions faced by management companies. It has been accurately demonstrated that it is capable of processing large volumes of historical data, from the last 3 years, and improving its dynamic adaptation to financial markets.Fujitsu Digital AnnealerFujitsu's Digital Annealer is the quantum-inspired digital technology architecture that harnesses innovations in high-density circuit integration and high-performance processing. This innovative architecture is inspired by the key features of quantum computing (superposition and quantum tunneling), allowing the Digital Annealer to evaluate a large number of potential options simultaneously and deliver lightning-fast responses.The current generation Digital Annealer has the ability to solve problems with up to 100,000 variables, which substantially expands the scale of problems that can be solved at the same time, optimizing their accuracy and performance.This solution has proven to be the best in its class for quickly finding an optimal solution when there are an extremely large number of possible combinations.About FujitsuFujitsu's purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$32 billion) for the fiscal year ended March 31, 2022 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Nov 1, 2022 - (JCN Newswire via SEAPRWire.com) - Fujitsu Limited and Fujitsu Taiwan Ltd. today announced that Fujitsu Taiwan will participate in the "Quantum National Team" of the Taiwan Ministry of Science and Technology and provide Fujitsu's Quantum-Inspired Digital Annealer technology on the cloud to the Digital Annealer Quantum Information Center established by Chung Yuan Christian University, from November 1, 2022.The Quantum National Team project is expected to receive investment from the government of Taiwan of $8 billion Taiwan Yuan (approximate 250 million USD) between 2022 and 2026 to promote research and development of quantum science and technology in close cooperation with industry, government, and academia. Supported by the project, Chung Yuan Christian University established the Digital Annealer Quantum Information Center to undertake a five-year research project labeled "Application of Quantum Computing in Optimization and Finance." Fujitsu Taiwan will support research and development by providing Fujitsu's Quantum-Inspired Digital Annealer on the cloud.About the Digital Annealer Quantum Information Center- Location: Taoyuan City, Taiwan (on the campus of Chung Yuan Christian University)- Date of Establishment: April 21, 2022- Overview: Advanced research and development on quantum computing technologies and applications based on the following three themes 1. Studies on the solution of combinatorial optimization problems 2. Utilization in the financial sector 3. Application to material development in the chemical field Fujitsu's Digital Annealer is designed to solve large-scale combinatorial optimization problems at speeds not possible with current conventional computing technologies. The hardware of the Digital Annealer technology is based on semiconductor technology, and as it operates stably at room temperature, it can help to reduce maintenance costs and can be easily integrated with other existing systems while delivering quantum-like capabilities. Digital Annealer is one of the key elements of Fujitsu's Computing as a Service (CaaS), a service portfolio launched by Fujitsu in Japan on October 25 to deliver customers access to world-leading computing technologies via the public cloud to the Japanese market, with global roll out to follow in fiscal 2023.Fujitsu will further provide professional consulting services to lower the barrier of the use of its Digital Annealer technology and support its application in various areas including academic experiments and advanced product research and development.As part of its broader strategy for computing technologies, Fujitsu plans to offer CaaS services to a wide range of customers, including educational institutions, the public sector and private enterprises, to cultivate professionals who can apply these advanced technologies to society to help customers in various fields and industries create new value and solve societal issues.About FujitsuFujitsu's purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$32 billion) for the fiscal year ended March 31, 2022 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Oct 21, 2022 - (JCN Newswire via SEAPRWire.com) - Fujitsu Limited and Toyota Systems Corporation (hereinafter Toyota Systems) today announced the launch of a new automobile production instruction system at Toyota Motor Corporation's (1) Tsutsumi plant leveraging Fujitsu's Quantum-Inspired Digital Annealer technology (2).The Digital Annealer offers users access to powerful combinatorial optimization problem-solving capabilities for challenges that prove difficult for conventional hardware, and Toyota Systems and Fujitsu previously used the technology in 2020 in a project to optimize supply chain and logistics network operations essential to support automobile production. The latest project represents the first use case in Japan in which Fujitsu's Digital Annealer technology has been applied to streamline automobile production operations.The new system enables efficient and high-speed solution searching by utilizing constraint processing technology to express complex business constraints in equations and inequalities, a proprietary technology available since the third generation of the Digital Annealer--the processing technology was developed by Fujitsu Research based on its long-time expertise in the manufacturing industry.The new vehicle production instruction system will enable Toyota Motor Corporation to respond quickly to production fluctuations and also reduce the workload of its employees. Moving forward, Toyota Systems and Fujitsu plan to expand the system to Toyota Motor Corporation's other plants in Japan and, in the future, to Toyota Motor Corporation's overseas plants.From October 2022, Fujitsu will commercially launch its "Fujitsu Computing as a Service (below, CaaS)" service portfolio in Japan, which delivers advanced computing technologies such as the Digital Annealer and software technologies to regular commercial users, lowering the barrier to access high performance computing resources and technologies like AI. Fujitsu plans to roll-out the service globally to markets outside of Japan from fiscal 2023.Through the new technology developed for this project, Toyota Systems aims to realize a safe, secure and comfortable mobility society by supporting Toyota Motor Corporation's IT based business transformation.Fujitsu is committed to providing optimal IT environments and solutions that meet customers' diverse needs under its portfolio of global solutions to realize a sustainable world, "Fujitsu Uvance."(1) Toyota Motor Corporation:President and Representative Director: Akio Toyoda; Head Office: Toyota City, Aichi Prefecture, Japan.(2) Quantum-inspired technology:A number of acceleration technologies inspired by quantum technology, but not quantum effects.About FujitsuFujitsu's purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$32 billion) for the fiscal year ended March 31, 2022 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.About Toyota SystemsToyota Systems is an IT solutions company established in Jan. 2019 by merging 3 different Toyota IT subsidiaries. The mission of the company is to support Toyota Motor Corporation and its group companies by developing innovative IT solutions and, by doing so, to contribute to develop the mobility society of the future. The number of the employees is approximately 3,000 and its support covers most of the Toyota's main business areas such as R&D, production, logistics, sales, administration etc... For more information, please see www.toyotasystems.com/en/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Sep 2, 2021 - (JCN Newswire via SEAPRWire.com) - Fujitsu Limited and Nippon Yusen Kabushiki Kaisha (NYK), a major global shipping company, today announced the introduction of Fujitsu's quantum-inspired Digital Annealer technology to significantly streamline complex stowage planning for car carriers, leveraging the technology's world-class combinatorial optimization capabilities. The Digital Annealer will play a role in automating aspects of the stowage planning process for NYK's dedicated car carriers, an enormously complex task involving a vast number of possible stowage patterns depending on the number of vehicles loaded, models of vehicles, and the number of ports called along the shipping route. After successful initial tests, Fujitsu and NYK have launched a real-world operational trial of the technology on September 1st with an aim to commence full-scale operational use in April 2022.Overview of a Car CarrierNYK's LNG fueled car carrier SAKURA LEADERSystem overviewIn initial tests, NYK contributed its decades of industry experience to work with Fujitsu to develop a new algorithm for the Digital Annealer, which the partners leveraged to successfully reduce the time it takes to create a stowage plan for a dedicated car carrier from 6 hours to 2.5 hours per ship. The companies anticipate that this will result in a potential reduction of 4,000 working hours per year, allow for agile responses to sudden changes in plans, and prevent variations in stowage plan quality from person to person based on their relative experience and skill.Moving forward, Fujitsu and NYK will continue working together to further improve the system by increasing processing speed and improving the accuracy of output results during trial operations. The two companies ultimately aim to contribute to the reduction of greenhouse gas emissions across the automobile shipping supply chain, improving the efficiency of cargo handling and ship operations to contribute to the realization of a more sustainable future.BackgroundNYK operates a global automobile shipping business that links Japan and other parts of the world--each ship in its fleet of car carriers holds more than several thousand vehicles. Cars are loaded one by one onto these car carriers at predetermined distance in accordance with a prepared stowage plan. When a car carrier with a maximum loading capacity of about 7,000 cars and 12 decks loads and unloads more than 60 types of cars of different heights and widths while calling at more than 10 ports, for instance, the number of possible patterns for loading and unloading can exceed 10 to the 2,000th power. Planners face many complexities and challenges when creating stowage plans that can satisfy conditions including how to load vehicles at a loading ratio close to the maximum capacity of the ship or how to secure enough space on the ship to safely load and unload the car carriers.Traditionally, professional planners can only successfully create these plans after gaining considerable experience and mastering stowage patterns and arrangement methods to create stowage plans that fulfill these rigorous standards. Nevertheless, issues including individual differences in the quality of stowage plans due to the relative experience and skills of each planner, as well as significant increases in workload arising from alterations to stowage plans due to sudden changes in conditions, mean that it can take up to six hours to create a plan for just one vessel, posing an ongoing challenge to efforts to streamline the process.Fujitsu's Digital Annealer Dramatically Streamlines Stowage PlanningIn order to solve these problems, NYK has introduced Fujitsu's Digital Annealer to help optimize its stowage planning. Fujitsu's Digital Annealer is a computing architecture inspired by quantum phenomena, offering users the ability to rapidly solve complex combinatorial optimization problems at speeds significantly faster than general purpose computers and without the added complications and costs typically associated with quantum computing methods. With the introduction of the Digital Annealer, Fujitsu built a cloud-based system that automatically completes the work of planning the optimum stowage position of a vehicle that takes into account of various conditions, which is the most important task of creating a stowage plan. This is accomplished by drawing on information from NYK's internal systems on the size of vehicles to be loaded and the port to be loaded, and using the Digital Annealer to solve the problem, a process that takes approximately 30 minutes.In preliminary trials prior to the introduction of this system, Fujitsu and NYK were able to reduce the work required by experienced planners to create a loading plan from as much as six hours per vessel to about 2.5 hours.The companies anticipate that this will enable planners to reduce their stowage planning time by 4,000 hours or more per year, resulting in a possible expansion of business opportunities arising from the speed of decision making, as well as significant effects such as enabling planners to more efficiently respond to sudden changes in plans and reducing the variability of stowage planning quality due to differences in planner experience.Future PlansNYK is promoting the further improvement of highly safe navigation and efficiency through the digitization of ships, as well as the reduction of environmental impact in accordance with its concept of "Digitalization and Green", in order to contribute to the achievement of the Sustainable Development Goals (SDGs). In the future, NYK aims to improve efficiencies in cargo handling operations by creating higher precision loading plans by deepening synergies between the newly developed system and its individual in-house systems.Fujitsu will continue to play an active role in NYK's digitization efforts, delivering new value and the enhancement of competitiveness in all industries through Digital Annealer and the achievement of the SDGs for society as a whole.(1) quantum-inspired technology:A number of acceleration technologies inspired by quantum technology, but not quantum effects.Fujitsu's Commitment to the Sustainable Development Goals (SDGs)The Sustainable Development Goals (SDGs) adopted by the United Nations in 2015 represent a set of common goals to be achieved worldwide by 2030. Fujitsu's purpose -- "to make the world more sustainable by building trust in society through innovation"--is a promise to contribute to the vision of a better future empowered by the SDGs.About NYKNippon Yusen Kabushiki Kaisha (NYK) was founded in 1885 and is one of the world's leading transportation companies. At the end of March 2020, the NYK Group was operating 784 major ocean vessels, as well as fleets of planes and trucks. The NYK Group is based in Tokyo, employs about 35,000 people worldwide, and has regional headquarters in London, New York / New Jersey, Singapore, and Shanghai. On February 3 2021, NYK announced the NYK Group ESG Story, which aims to further integrate ESG into the company's management strategy. In order to continue to be a corporate group that remains essential to society and industry, the NYK Group aims to be a sustainable solution provider that creates new value while maximizing profits and achieving social and environmental sustainability from a long-term perspective.For more information go to www.nyk.comAbout FujitsuFujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Approximately 126,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$34 billion) for the fiscal year ended March 31, 2021. For more information, please see www.fujitsu.com. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)




