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What is Simulation Modeling?

Simulation modeling, commonly known as predictive modeling, is an effective approach for developing experimental computer models that closely mimic an existing system. These models can integrate designs from AutoCAD and are further enhanced with animations, allowing the simulation to accurately depict the workings of the real system. In addition, the model can replicate actual schedules for patients or products, facilitating performance evaluations that can be benchmarked against the real system when accessible. After the simulation model is created, it offers the opportunity to conduct extensive experiments on the digital representation, optimizing performance without disrupting real-world functions. This technique is also vital for conceptualizing and building entirely new systems from scratch, enabling meticulous design of facilities like hospitals or clinics that cater to specific organizational needs. Moreover, it serves as a crucial resource for refining existing systems that may not meet their performance goals, promoting operational improvements and greater efficiency. This comprehensive approach not only aids in the formulation of innovative designs but also fosters ongoing enhancement and evolution of established systems, ensuring they remain competitive and effective over time. As a result, organizations can confidently navigate changes and adapt to new challenges in their operational landscapes.

What is Arena Autonomy OS?

Arena empowers businesses across various industries to independently execute essential, quick-paced decisions. Acting as an autonomous pilot for these swift corporate choices, Autonomy OS is akin to a physical robot, comprising three fundamental components: the sensor, the brain, and the arm. The sensor gathers data, the brain interprets it to facilitate informed decision-making, and the arm carries out the required actions. This entire system operates automatically and in real-time, significantly boosting productivity. Autonomy OS adeptly manages a wide range of data types with different latencies, encompassing real-time streaming information and structured time series, as well as unstructured data like images and text, converting them into features that are used to train machine learning models. Additionally, it enhances data with contextual insights sourced from Arena’s Demand Graph, an ever-evolving index that reflects the elements impacting consumer demand and supply, such as product pricing and availability in specific regions, along with demand signals from social media. As customer tastes evolve, supply chains encounter unexpected obstacles, and competitors modify their strategies, the capacity for swift decision-making becomes increasingly crucial for enterprises. In this ever-changing landscape, there is an urgent need for cutting-edge solutions that can quickly adapt and respond to emerging challenges. The integration of such advanced systems is not just beneficial; it has become essential for maintaining a competitive edge.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$3,500 one-time payment
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Rapid Modeling Corporation

Date Founded

1994

Company Location

United States

Company Website

www.rapidmodeling.com

Company Facts

Organization Name

Arena

Company Location

United States

Company Website

www.arena-ai.com

Categories and Features

Decision Support

Application Development
Budgeting & Forecasting
Data Analysis
Decision Tree Analysis
Monte Carlo Simulation
Performance Metrics
Rules-Based Workflow
Sensitivity Analysis
Thematic Mapping
Version Control

Simulation

1D Simulation
3D Modeling
3D Simulation
Agent-Based Modeling
Continuous Modeling
Design Analysis
Direct Manipulation
Discrete Event Modeling
Dynamic Modeling
Graphical Modeling
Industry Specific Database
Monte Carlo Simulation
Motion Modeling
Presentation Tools
Stochastic Modeling
Turbulence Modeling

Categories and Features

Artificial Intelligence

Chatbot
For Healthcare
For Sales
For eCommerce
Image Recognition
Machine Learning
Multi-Language
Natural Language Processing
Predictive Analytics
Process/Workflow Automation
Rules-Based Automation
Virtual Personal Assistant (VPA)

Decision Support

Application Development
Budgeting & Forecasting
Data Analysis
Decision Tree Analysis
Monte Carlo Simulation
Performance Metrics
Rules-Based Workflow
Sensitivity Analysis
Thematic Mapping
Version Control

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