Strategic planning and managementView Other Application Areas»

Uncertain data values or dependencies are inevitable factors when you are carrying out long term planning. It’s often the case that the uncertainty factor is simply ignored, or relegated to footnotes or a discussion of assumptions, and decisions are made on the basis of deterministic models, which assume that all factors affecting the economical situation are either precisely known or fall within discrete ranges. Some of these values are merely “unknowns” and the best guess, group consensus, or most recent data is used as a proxy. But sometimes key variables are not included or assumed away in the analysis; perhaps important interactions between two otherwise minor factors can become the major cost driver? These are the “unknown unknowns” and their impact cannot be simply resolved by Monte Carlo combinations of the possible values of the key variables tested in a spreadsheet simply because the analysts’ mental model did not conceive of their importance. The laws of probability, not to mention experience, tell us that many of these deterministic models will lead to significant financial losses. 

We use simulation modeling in these situations to cover the range of probabilistic results, to uncover hidden interactions in multiple scenarios, to test dependencies and sensitivities; in short, to inform our thinking rather than just to quantify our perception of the analysis. Our models allow you to uncover uncertainty and develop the “most likely” solution while still keeping an eye on, and developing mitigation strategies for, probabilistic risks and potential negative scenarios.

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Reviews & testimonials

  • Anylogic is by far one of the most advanced software programs for simulation of complex systems. It can be applied efficiently in the modeling of highly complex systems in various spheres of contemporary economics and teaching, as well as in teaching MBA classes to top managers and corporate decision makers.

    Dmitry Katalevsky, Ph.D. Economics, lecturer MBA/EMBA classes, Senior Manager,
    Deloitte & Touche CIS
  • We chose AnyLogic because we found that traditional techniques did not do just to what we were trying to model. When we saw AnyLogic, it was a great ah-ha moment to say this is the tool I need to solve the problems I am trying to solve. The benefits of a multi-method modeling approach are that you can solve the problem more naturally. If you do not have the ability to do multi-method modeling, you end up creating all types of anomalies in your model, fitting the methodology rather than fitting the problem. Multimethod modeling is a great effective tool.

    Bipin Chadha, Ph.D., Data Scientist,
    USAA
  • Simulation and modeling are important elements of a science based approach in disaster and emergency management. AnyLogic provides disaster and emergency management professionals with agent based modeling and tools that can simulate hazards and risks, emergency preparedness and response efforts, and post disaster recovery scenarios.

    Ali Asgary,
    Disaster & Emergency Management Program, York University
  • We use AnyLogic to understand better, improve and demonstrate how complex systems work. My personal favorite aspect of AnyLogic is the fact that it compiles the simulation models into a general purpose, fully object-oriented program language, like Java. Which allows us to embed optimization algorithms into simulations without writing unnecessary code.

    Onur Dulgeroglu, Senior Analytics Engineer,
    GE Global Research
  • AnyLogic is a powerful simulation tool combined with Java. What I like about AnyLogic is its velocity, adaptability, and versatility.

    Mariana Dorigatti,
    INGAR-CONICET
  • I have been using AnyLogic for a few years for models in the social and healthcare context. I like that you can start using it almost out of the box and get some results with straightforward presentations. I like the fact that I can mix and match simulation paradigms like ABM and System Dynamics... in my models keeps my opportunities open. Easy interface with Java classes or libraries makes the full system customizable. I can easily publish the models to a web site or for individual deployment. And last but not least, I can work in teams by using typical source control SVN...

    David Lovece,
    Northeastern University
  • As an educator, I was in the market for a modeling package to teach to help my undergraduate students understand the principles of multi-domain modeling. After reviewing several products, AnyLogic combined the robust feature set I was interested in with an intuitive user interface that should make it easy for my students to pick up the tool and start gaining insight into their problems in a hurry. I was also extremely pleased with the flexible pricing for academic users.

    Marshall Bartlett,
    Hollins University
  • AnyLogic was very useful software for me in studying and modeling economical processes in regional agriculture. It has all functionality that can satisfy the highest requirements from user. Especially helpful for my project was such functionality as usage of dimensions of arrays in SD models, replications of objects, export and import data from Excel files in experiments with variation of parameters, and import files from Vensim.

    Mikhail Bagrov,
    Tver agricultural academy
  • AnyLogic is not only a multifunctional simulation modeling tool, but it is also a high-tech software developed on the basis of the current standards and principles of software engineering. It is an efficient decision-making tool which can cope with the challenges of management and market economy. Every release provides you with new sample models and case studies which show all the varieties of spheres where simulation modeling can be applied. AnyLogic has been used in State University of Management for about 8 years, in an MBA course of the Business School and upgrade courses of economic processes simulation.

    Natalia Lychkina,
    Moscow State University of Management
  • I have been using AnyLogic for 5 years for various commercial projects (transportation, demographic projection, etc.), and in education. Taking into consideration my experience in using different agent based modeling tools, I can say that AnyLogic leaves them all behind. AnyLogic provides you with the possibility of visual design of elements in models and a rich library of controls. According to my experience, students show better performance and learn material efficiently when using AnyLogic. I would like to point out the growing popularity of this tool, as you can often see various AnyLogic models presented at Social Dynamics congresses.

    Albert Bakhtizin,
    CEMI Russian Academy of Sciences

These companies already use AnyLogic for strategic planning and management

Case Studies

  • Modeling of Banca d'Italia Back Office System
    Banca d'Italia processes a certain amount of manual credit transfers every year. These transfers cannot be processed automatically and require two divisions of employees in the back office of the bank. The bank wanted to determine if merging these two divisions would be beneficial.
  • Utilizing Real-World Data and Multimethod Modeling to Battle Food Insecurity
    Issues such as whether households get enough food, how it is distributed within the household and whether that food fulfils the nutrition needs of all members of the household is an ongoing problem in developing countries. An International Civil Agency employed a Major Consulting Firm to analyze food insecurity in developing countries and cultivate a system that enables an economy to prepare for and halt possible food insecurity.
  • Optimization of Utility Companies’ Mutual Assistance Using Agent-Based Modeling
    When people are impacted by a natural or man-made disaster, utility companies look for ways to provide resources as soon as possible, and reduce outage time. To assist and better coordinate with each other, Canadian companies from closely located territories created alignments for mutual assistance. Engineers from York University applied simulation modeling to provide the utility companies with a better decision making tool for managing the mutual assistance process.
  • Forecasting the Human Resources Demand in the Russian Economy
    IBS Group, the leading software developer in Central and Eastern Europe, was approached by the Ministry of Education and Science of Russia to conduct the project, “Development of an Analytical System for Forecasting the Demand in Skilled Professionals in Russia’s Economy.” The aim of the project was to create an analytical system, which could help the Ministry plan for the subsidization of higher education from the federal budget.