Quantum-inspired algorithms are particularly at home in the fields of artificial intelligence, big data, smart data and digital transformation. They are based on concepts from quantum mechanics, but do not use real quantum computers. Instead, the principles of the quantum world are transferred to classical computers in order to solve problems much faster and more efficiently.
What makes it special: While normal computers calculate step by step, quantum-inspired algorithms can analyse many possibilities simultaneously. This makes them particularly powerful when huge amounts of data need to be processed in a short space of time, for example in the optimisation of supply chains or in financial analysis.
A simple example: Imagine you want to choose the best and cheapest delivery route from millions of different ones. A conventional computer checks all the routes one after the other, which takes a long time. A quantum-inspired algorithm, on the other hand, finds the optimum solution in just a few seconds by looking at many routes in parallel.
This technology helps companies to work faster and more efficiently and to hold their own against the digital competition. Quantum-inspired algorithms are therefore an important component of the digital transformation.
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