Quantum Computing Application Sees Real World Success at Pier 300 at The Port of Los Angeles
JACKSON, Wyo., Jan. 5, 2022 /PRNewswire/ — The Port of Los Angeles is known as America’s busiest Port, and this was further emphasized in October of 2021 when the Port recorded the busiest month ever in its 114-year history as cargo volume exceeded 903,000 TEUs. In a time where we are facing global supply chain challenges, now more than ever, it’s essential that the Port operates to its maximum capacity with the highest level of efficiency possible. With the pandemic-induced buying surge, ports across the nation are struggling to keep up with expedited operations. Technology to optimize Port infrastructure capacity is of utmost importance. This is where the HONE (Hyper Optimization Nodal Efficiency) Quantum Powered AI Engine comes into play, increasing the capacity and velocity of cargo movement.
In conjunction with Fenix Marine Services and SavantX, HONE was initially deployed in July of 2020. The HONE optimization engine has been proven at one of the largest marine terminals in the US, the Pier 300 container terminal project at the Port of Los Angeles, where it has doubled cargo handling equipment productivity and produced more predictable cargo flows. HONE and its deployment strategy optimized the terminal and also optimized scheduling, appointments, and in-terminal container handling for trucking companies and their customers.
Powered by quantum computing technology from industry leader D-Wave, the HONE technology allows for unprecedented supply chain intelligence. Additionally, driven by artificial intelligence and machine learning, the HONE Engine redirects and optimizes operations, ultimately accelerating the velocity of the supply chain.
“Tackling large-scale optimization problems has always been a priority issue in the supply chain space – and will continue to be,” said Jen Houston, CMO, D-Wave. “That’s why we’re excited to see more and more forward-thinking organizations start to leverage the power of quantum computing to identify and solve complex supply chain and logistics issues efficiently. We’re proud to be the quantum provider behind SavantX’s work as they harness quantum computing to optimize operations, increase productivity, and enhance risk management.”
SavantX is one of the first organizations in the world to leverage the enormous power of quantum computing to solve commercial applications with significant cost savings and efficiency gains. The company’s lineage includes open-source intelligence gathering tools for the US government and patented advanced analytic technologies that drive SavantX offerings. Initially established in 2015, SavantX’s mission has evolved to become a quantum analytics company.Read More
SavantX is an Innovatech Awards Winner for 2022 – Data Analytics Software in the United States
Innovatech Awards is proud to announce that SavantX has been awarded in its 2022 Awards programme. SavantX is the 2022 award winner for Data Analytics Software in the United States.
Recipients of Innovatech awards in 2022 were scrupulously selected based on the aggregation of reviews from multiple third-party sources. Selected by a panel of experts who analyse submission material, review customer feedback and compare the facilities of each entrant. Our winners are those who can demonstrate their uniqueness, quality of services and facilities and exceptional levels of customer care across a number of categories.
In this extraordinary year of the awards over 500 nominations were received for this years programme, and the standard of entries was incredibly high. The judging panel had great difficulty in narrowing down the entries but the winners reflect the very best in industry standards. The team at Innovatech Awards, said: “We were overwhelmed by the quality of entries this year. We hope this guide will be a useful tool. Congratulations once again to all our winners.”
The full list of winners will be included in the annual awards publication that will be available for digital download in February. To receive this publication, you are encouraged to join the mailing list to be notified upon its release.
For more details on Innovatech Awards, go to www.innovatechawards.com
About the Company: INNOVATECH AWARDS is an annual celebration of excellence across all sectors of technology The independent awards programme is an annual celebration of excellence for the best digital services and software available.
About SavantX: SavantX offers a powerful all-in-one tool for advanced analytics, data visualization, and AI powered insights across multiple dimensions. The mission of SavantX is to harness the power of artificial intelligence and machine learning in order to augment human capabilities to make sense of complex data and visualize data in ways that aid our understanding of the hidden patterns and linkages within it. Simply put SavantX technologies allow you to find things in your data that were previously undiscoverable.
SavantX is one of the first organizations in the world to leverage the enormous power of quantum computing to solve commercial applications with significant cost savings and efficiency gains. The company’s lineage includes open-source intelligence gathering tools for the US government and the patented technologies that drive SavantX offerings reveal hidden relationships and connect insights across data. Established in 2015, SavantX was born to solve one problem: To change the way we search and find information.
Jay Parker | Public Relations
Innovatech AwardsRead More
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