A BBVA and Zapata Computing study shows the potential of quantum computing for derivative calculations

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Monte Carlo simulations are widely used in the financial industry in everything, from policy making and risk assessment processes to financial product pricing calculations. “We wanted to understand whether quantum computing could help us improve how we approached these calculations, starting with a very specific problem that can be solved using Monte Carlo, such as the calculation of credit valuation adjustments”, said Andrea Cadarso. This project – led by Cadarso, head of Quantitative & Business Solutions, BBVA Mexico – is one of the research initiatives launched by the Research & Patents area of BBVA in 2019 to explore the potential applications of quantum computing in the financial sector. As of today, establishing the valuation and pricing of certain derivative products remains a daunting task: “Finding the right price of...

Red Hat’s David Egts on Potential of Edge Computing, Open Hybrid Cloud for Government Data Management

Red Hats David Egts on Potential of Edge Computing Open Hybrid Cloud for Government Data Management
TYSONS CORNER, VA, May 19, 2021 — David Egts, senior director and chief technologist of Red Hat‘s North American public sector business, indicated during a question-and-answer session with ExecutiveBiz the use of edge computing devices and an open hybrid cloud approach could help agencies address data management challenges. “Edge devices are meant to provide near real-time information about whatever might be happening where that edge device is located.” Egts said a hybrid cloud platform that is built on an open-source substrate allows users to manage devices and move workloads at the edge. “Basically, an open hybrid cloud gives you a single, standardized infrastructure that always stays the same so that everything else can be different.” If you’re interested in data management strategies in the government, check out GovCon Wire’s...

Assess the Technology, Companies/Organizations, R&D Efforts, and Potential Solutions

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DUBLIN, April 21, 2021 /PRNewswire/ -- The "Quantum Computing Market by Technology, Infrastructure, Services, and Industry Verticals 2021 - 2026" report has been added to ResearchAndMarkets.com's offering.Research and Markets LogoThis report assesses the technology, companies/organizations, R&D efforts, and potential solutions facilitated by quantum computing.The report provides global and regional forecasts as well as the outlook for quantum computing impact on infrastructure including hardware, software, applications, and services from 2021 to 2026. This includes the quantum computing market across major industry verticals.Select Report Findings:The global market for QC hardware will exceed $7.1 billion by 2026Leading application areas are simulation, optimization, and samplingManaged services will reach $206 million by 2026 with CAGR of...

Assess the Technology, Companies/Organizations, R&D Efforts, and Potential Solutions

Research and Markets Logo
DUBLIN, April 21, 2021 /PRNewswire/ -- The "Quantum Computing Market by Technology, Infrastructure, Services, and Industry Verticals 2021 - 2026" report has been added to ResearchAndMarkets.com's offering. This report assesses the technology, companies/organizations, R&D efforts, and potential solutions facilitated by quantum computing. The report provides global and regional forecasts as well as the outlook for quantum computing impact on infrastructure including hardware, software, applications, and services from 2021 to 2026. This includes the quantum computing market across major industry verticals. Select Report Findings: The global market for QC hardware will exceed $7.1 billion by 2026 Leading application areas are simulation, optimization, and sampling Managed services will reach $206 million by 2026 with CAGR of 44.2% Key...

How gadgets could unlock the potential of lucid dreaming

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If you ever needed an excuse to get more sleep, exciting new findings about lucid dreaming could be it. A recent study has just proved that, in the right conditions, you can not only communicate with people in the lucid state, they can answer questions, too. Sure, the subjects only solved simple math questions (the kind most 8th graders could) but it provokes a tantalizing thought — what else can we do while we’re in slumberland? Scientists communicating with lucid dreamers is nothing new, but the latest experiment dialed up the complexity of that communication, just enough, to renew the public’s interest in this mysterious activity. For the uninitiated, lucid dreaming is realizing that you are in a dream and then being able to influence what happens within it. As simple as this sounds, it’s actually a tricky thing to do, and an even...