Simulation-based optimization (SBO) is emerging as the next-generation approach to transforming decision-making processes across industries, empowering businesses to model complex systems, test solutions, and find better paths in an increasingly challenging landscape. By creating virtual representations of operations, SBO enables data-driven experimentation that reduces risks and costs before any real-world changes are implemented. With industries The post Transforming Decision-Making with the Future of Simulation-Based Optimization  appeared first on Simio ..read more

In a manufacturing centric supply chain factory sourcing is a critical decision that drives throughput and on-time delivery. If more than one site is available to produce a product, it is important to balance the load across production sites within the supply chain to ensure available capacity is optimally utilized to achieve on time delivery. This sourcing The post Multi-Plant Scheduling with Simio appeared first on Simio ..read more

In 2024, digital twin technology and discrete event simulation continue to solidify their roles as critical tools driving innovation, efficiency, and optimization across industries. Digital twins provide real-time, dynamic representations of physical assets, systems, and processes, while discrete event simulations enable businesses to model scenarios and test outcomes in a virtual environment. Together, these technologies are transforming industries such The post Key Trends Shaping Digital Twin Technology and Discrete Event Simulation in 2024 appeared first on Simio ..read more

In the previous post in this series, we mentioned that data-driven modeling in Simio may be stripped down to two key steps: getting data into Simio, then using the data to drive Simio model objects and processes. In this post, we’ll focus on how Simio Data Tables can be used to facilitate data-driven modeling and The post Using Simio Data Tables for Data-Driven Modeling appeared first on Simio ..read more

Unleashing the Power of Your Data In the dynamic landscape of industry today, optimized processes and informed decision making are paramount for success. As technology continues to evolve, so does the importance of leveraging data-driven approaches in analysis and decision-making. One such realm where data-driven modeling takes center stage is discrete event simulation (DES). Once The post Data-Driven Modeling & Relational Data in Simio appeared first on Simio ..read more

This post originally appeared during the lead-up to the 2020 US Presidential election. As we move towards the 2024 election, we do not currently face many of the operational hurdles that we did during the Coronavirus pandemic, but simulation modeling and analysis is still the perfect tool for polling station resource and layout planning and The post How Simulation Modeling can Help with Voting During a Pandemic appeared first on Simio ..read more

As the Industry 4.0 dust settles, many industries are looking to take their business one step further.  The introduction of Industry 4.0 systems such as IoT (Internet of Things), Big Data, and Augmented Reality means that mining companies are able to achieve the golden 10X return on investment (ROI).  However, this advantage will be short-lived The post The Benefits of Process Digital Twin Technology in the Mining Industry appeared first on Simio ..read more

This post originally appeared in March of 2020 when the Coronavirus and just recently been declared a world-wide pandemic. Since that time, several new Coronavirus strains have appeared and while the global emergency as subsided, there is still significant concern in the healthcare community about future Coronavirus strains and other viruses such as Mpox and The post Strategic Planning in Healthcare Using Simulation in Preparation for the Coronavirus appeared first on Simio ..read more

Implementing digital transformation processes within the manufacturing industry has been an ongoing process for approximately three decades. First, manufacturers utilized digitization to collect data for storage purposes before moving on to more complex applications. Optimizing industrial design became the next logical step for applying digital transformation technologies. However, it would take the introduction of Industry The post Virtual Models, Digital Shadows, and Digital Twin Applications in Manufacturing appeared first on Simio ..read more

When it comes to digital transformation, the healthcare industry can be said to have taken to digitalization as a duck takes to water. Today, the healthcare industry comes third in the roll call of industrial sectors with the highest digitalization adoption rate. The 2020 statistics paint a picture of the symbiotic relationship between digital transformation The post Digital Transformation of the Healthcare Industry: What’s next in 2021? appeared first on Simio ..read more