LG CNS announced on December 9 that it recently signed an MOU with Fujitsu Korea to develop a "Quantum-Inspired Digital Annealer"-based mathematical optimization algorithm.
The signing ceremony held at LG CNS headquarters in Magok was attended by LG CNS Chief Account Officer (CAO) Kim Hong-geun and Fujitsu Korea CEO Choi Jae-il.
Through this agreement, the two companies will jointly develop a Quantum-Inspired Digital Annealer-based mathematical optimization algorithm.
Through the development, the two companies decided to cooperate in solving difficulties in various industries such as transportation, finance and pharmaceutical/chemical.
LG CNS has mathematical optimization algorithms that have been verified through various projects such as battery manufacturing process control, logistics center facility operation, and delivery vehicle route.
In large cities, there are many variables such as millions of vehicles and tens of thousands of signals, making it difficult to integrate and control traffic signal systems even with existing supercomputers and secure optimal values for relieving traffic jams.
However, by combining Quantum-Inspired Digital Annealer technology with mathematical optimization, it is possible to derive an optimal traffic signal system that resolves traffic jams in large cities in real time.
In addition, quantum technology is used in the logistics business, such as minimizing the waiting time and risk of collisions for unmanned vehicles in the logistics center, and finding the optimal operating route.
"We will prepare for the coming quantum computer era by continuously discovering new business for mathematical optimization based on Quantum-Inspired Digital Annealer that solves customer's pain points and difficulties," said LG CNS CAO Kim Hong-geun.
