Quantum consulting. An interview with Shreyas Ramesh.

The Quantum Divide

Nov 6 2023 • 45 mins

In this engaging conversation, we're joined by Shreyas Ramesh, Global Lead of NextGen Computing in Accenture's technology incubation team, to examine the strategic implementation of quantum technology in businesses. We explore Accenture's Quantum Foundry offering, a service providing strategy, execution capabilities, technologies, ecosystem partnerships, and methods that help businesses become quantum ready. From advisory to identifying what's relevant for the customer, listen in as we take a closer look at Accenture's vision of being vendor agnostic and problem-focused. Then, we shift our focus to investing in quantum computing use cases, even if the roadmap to a quantum advantage is not yet clear. Using examples from the telecommunications, chemistry and banking industries, we consider how generative applications, classical computations, and quantum random number generators can enhance devices.

Accenture – Quantum Computing Services

https://www.accenture.com/us-en/services/technology/quantum-computing-services


--------- EPISODE CHAPTERS WITH FULL SUMMARIES ---------

(0:00:12) - Quantum Computing Implementation Strategy in Businesses (15 Minutes)

We explore the business implementation of quantum technology and Accenture's Quantum Foundry offering. We discuss the strategy, execution capabilities, technologies, ecosystem partnerships, and methods that Accenture provides to help companies become quantum ready. We also discuss the process of advisory and identifying what's relevant for the customer, as well as the methodology that Accenture follows to ensure their vision of being vendor agnostic and problem focused is carried out.

(0:15:31) - Investing in Quantum Computing Use Cases (4 Minutes)

Why are clients investing in quantum technology, even if there is not a clear map ahead to a quantum advantage? We analyze the idea of a typical sharpness in terms of business value and feasibility, and consider how generative applications, classical computations, and quantum random number generators can be used to make devices better. Examples from the telecommunications industry and banking are used to illustrate how these technologies can be deployed in a permissible manner. The importance of readiness when it comes to customer references is also touched on.

(0:19:58) - Quantum Computing in Financial Applications (9 Minutes)

We discuss the use of quantum technology, simulations, and machine learning to tackle complex problems in the finance and chemistry sectors. We explore how Accenture's Quantum Foundry helped a large French insurer optimize their insurance portfolio, and how a two-year collaboration with the Irish Center for High End Computing enabled the simulation of PFAS molecules. We also analyze how quantum machine learning algorithms can be used for fraud detection in banking, and how the use of quantum support vector machines can provide greater training accuracy and lower false positives.

(0:28:29) - Exploring Quantum Sensing and Detection (6 Minutes)

From use cases in quantum sensing to applications in derivatives pricing and quantum machine learning (QML), we explore the potential of quantum technology and the challenges of achieving a quantum advantage. We discuss the use of superconducting nanowires in detection, and the investment of governments in quantum sensing. We analyze the possibilities of quantum communications and examine the implications of quantum-enabled decision making for businesses.

(0:34:05) - Quantum Networking and Cryptography Trends (11 Minutes)

Accenture's clients are increasingly turning to quantum networks for cryptography, risk management, and security. We look at the crypto agility accelerators they use to quickly respond to changes in the security landscape, the importance of having the right tools in place to respond to advanced persistent threats, and the need to prioritize and track remediation activities in order to ensure security. Additionally, we explore the use of crypto agility toolkits and SDKs for risk managers to better understand and manage their security risks.

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