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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 GoldSim?

GoldSim is recognized as the premier software for conducting Monte Carlo simulations, proficiently modeling complex systems across a range of disciplines including engineering, science, and business. This powerful tool enhances decision-making processes and enables thorough risk analysis, allowing users to simulate future outcomes while accurately assessing the uncertainties and risks integral to grasping complicated systems. Its applicability is acknowledged worldwide, with various organizations employing GoldSim to evaluate and contrast different designs, strategies, and policies to improve decision-making and reduce risks in uncertain scenarios. Particularly in the realm of water resources and hydrological modeling, projects often necessitate the simulation of interconnected systems that consist of numerous, sometimes poorly defined components. These hydrological networks are frequently affected by random variables such as precipitation, evaporation, and demand, creating a challenging environment filled with unpredictable processes, parameters, and events that complicate analytical efforts. Consequently, GoldSim serves as an essential asset for effectively addressing the intricate challenges posed by these environmental issues. Moreover, its ability to incorporate real-time data enhances its effectiveness, making it even more relevant in today's rapidly changing world.

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

GoldSim Technology Group

Company Website

www.goldsim.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

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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