Every company constantly deals with the challenge of making strategic and operational decisions in an environment that is changing, information that is limited, and knowledge that quickly becomes outdated. In order to make sound and resilient decisions, managers typically rely on their intuition, experience or simple mental models (rules of thumb) to arrive at a conclusion.
In situations where large amounts of data are involved and there are multiple dependent factors, it is very difficult to arrive at an optimum conclusion that properly addresses all open risks. This is where computer modeling, coupled with 3D visual simulations can help select the best option and gain buy-in from senior management and stockholders.
We feel like we're on the right technology track to be able to execute on these kinds of operations with a high level of safety and we're in a good place to show the FAA that this is safe. -FortuneAndreas Raptopoulos, Matternet Co-Founder
Simulation starts where Statistics ends...Management Consultant, Big Four Consulting Firm
I find [other simulation tools] very boring ..., and find Simio truly exciting and easy to build complexity, add customization and build it to an infinite scale (model within model, etc...)Management Consultant, Big Four Consulting Firm