The Value of Predictive Simulation
Predictive simulation enables smarter business models by providing better understanding of complex dynamic processes through data visualisation and insight. This level of management understanding is critical when considering radical transformation options which can incur major business risk.
Digital models enable different business scenarios to be simulated and outcomes analysed and compared before deciding on a best course of action. Having secured decision clarity in a virtual world, optimum decisions can then be passed for real-world execution.
This capability has proven to be extremely valuable for visionary companies such as BAE Systems, TransCanada, Rolls-Royce and Ford. Lanner has worked with these companies to add dynamic process intelligence across the design, create and operate lifecycle. In many cases we’ve delivered predictive simulation assets that are used to generate analytics for both strategic and operational decision making.