TCS Quantum Challenge 2023

TCS Quantum Challenge 2023: Join TCS Quantum Challenge 2023 and solve complex business problems with quantum computing. And get a chance to win £6000 Euro in cash prizes. Register by 8th December 2023.

Overview of TCS Quantum Challenge 2023:

Engage in solving real-life challenges using quantum technology. Address issues like retail replenishment, power distribution, fleet allocation, and FTSE100 index forecasting.

TCS Quantum Challenge 2023 Details:

Eligibility Criteria:

• Teams of 2 to 5 members
• Passion for quantum computing
• Interest in solving business challenges

Registration Process:

1. Visit TCS Quantum Challenge Registration
2. Fill in team details
3. Submit relevant information

Rewards & Prizes:

• £1000 GBP for the best solution in each of the 4 Challenge Statements
• £2000 GBP for the overall best solution

TCS Quantum Challenge 2023 Participation Process:

1. Register at the provided link.
2. Formulate an approach in Phase 1.
3. Submit your approach for evaluation.
4. Shortlisted teams proceed to Phase 2.
5. Implement solutions using provided quantum hardware.
6. Present results and learnings to the jury.

Challenge 1 – Replenishment of Retail Stores:

• Quantum solutions for optimal stock balancing
• Address challenges like delivery frequency and sales forecast accuracy
• Improve SKU-based service levels with cost-effective working capital

Challenge 2 – Optimising Power Distribution Network:

• Quantum-based alternatives for real-time optimization
• Reduce energy losses and improve efficiency
• Minimize environmental impact

Challenge 3 – Optimising Fleet Allocation:

• Quantum computing for optimal aircraft assignment
• Maximize profit considering factors like passenger demand and operational costs

Challenge 4 – Forecasting of FTSE100 Index:

• Quantum approaches for accurate stock index predictions
• Navigate complexities like inflation, policy changes, and geopolitical environments