iSpring Solutions describes software simulation as a model of your software that demonstrates its key functions and operations.
As the economy is changing, a fast and flexible reaction to the market is required which is what Talumis explains on their website. To predict customer demands and future changes, software simulations are your best option.
Here are some of the uses for simulation software taken from anylogic.com:
- Simulation modeling solves real-world problems safely and efficiently.
- It provides an important method of analysis which is easily verified, communicated, and understood.
- Across industries and disciplines, simulation modeling provides valuable solutions by giving clear insights into complex systems.
- Simulation enables experimentation on a valid digital representation of a system.
- Unlike physical modeling, such as making a scale copy of a building, simulation modeling is computer based and uses algorithms and equations.
- Simulation software provides a dynamic environment for the analysis of computer models while they are running, including the possibility to view them in 2D or 3D.
- Simulation in business is often utilized when conducting experiments when a real system is impossible or impractical, often because of cost or time.
References:
iSpring Solutions (n.d.) What is Software Simulation? [online] Available at: https://www.ispringsolutions.com/articles/what-is-software-simulation.html [Accessed 1 July 2018]
Talumis (n.d.) What is Simulation? [online] Available at: https://www.talumis.com/what-is-simulation/ [Accessed 1 July 2018]
Anylogic (n.d.) Why Use Simulation Modelling? [online] Available at: https://www.anylogic.com/use-of-simulation/ [Accessed 1 July 2018]
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