Remote Facility Monitoring with Digital Twin Technology

The lights out factory, industrial automation, the Industrial internet of things, and digital twin technology highlight the effort mankind has made to reduce to simplify facility monitoring and management challenges. These efforts have led to industry 4.0 and today, there’s no better time than now to explore the reach of emerging technology in delivering employee …

Optimizing Manufacturing Capacity Using Digital Twin Technology Post COVID-19

A recent survey from the National Association of Manufacturing has highlighted the impact of pandemics on manufacturing chain and manufacturing operations across the world. According to the survey, 80% of manufacturers are expecting the ongoing pandemic and the corresponding lockdown to have a financial impact on their businesses. 53% expect COVID-19 to directly impact their …

Why More Manufacturers are betting on Simulation Software in 2020

In the past decade, the manufacturing industry struggled to increase its production rate even with the implementation of lean manufacturing concepts within shop floors. A major cause of the stagnant productivity levels manufacturers’ encountered was strategy planning and its implementation. In many cases, the inability to accurately assess how strategic changes affect production led to …

Predictive Modeling In Healthcare and The Role of Digitization

The digital transformation of the healthcare industry is moving at an accelerated pace as healthcare facilities continue to reap its benefits in operational management, epidemiology, and personal medicine. And one subset of Digitization that is proving to be extremely useful is the integration of predictive modeling and analytics in healthcare. Predictive modeling refers to the …

Best Answers to Commonly Asked Risk Analysis Questions

Many managers don’t understand what exactly risk analysis is.  We put together some of the most common questions with responses for you. What does the risk percentage mean? The risk percentage approximates the on-time probability for an order with appropriate consideration of the number of replications or “experiments.”  It tells the user how confident they …

Forward Scheduling: What is it and how does it differ from backwards scheduling?

Simio is a forward scheduling simulation engine.  We do not support backwards scheduling.  We have found the backwards scheduling approach fails to represent reality, thus generating an infeasible plan that is unhelpful to planners.  Many of our customers have learned this lesson the hard way.  The underlying principle of forward scheduling is feasibility first.  A …

Integrating Digital Transformation to Enhance Overall Equipment and Facility Efficiency

The digital transformation of traditional business process and the assets that run them have become one of the raves of the moment. A Forbes-backed research highlights just how popular the topic of digital transformation and the tools needed to accomplish it has become. Statistics like the fact that 55% of business intended to adopt digitization …

How Do You Create a Digital Twin – 5 Things to Know

The Digital Twin is reminiscent of the early days of the personal computer in many ways. Initially, creating a digital twin required excessive computing power and multiple engineers working round the clock to develop digital representations of physical models. And just like the personal computer, technological advancement led to the creation of cloud-based digital twin …

Evolution of Discrete Event Simulation Software

Today, discrete event simulation (DES) software and the benefits it provides are currently being used across a majority of industries to simplify business operations, make predictions, and gain insight into complex processes. But before modern simulation software such as Simio could be used to create shiny models and execute real-time simulations, there were earlier technologies …

Simio Training and Certification – Introducing Simio Fundamentals

Learn from Simulation Experts, Advance Your Skills and Knowledge. Organizations across every industry need individuals with simulation, modelling, and digital transformation skills to help transform their business processes. Simio Fundamentals will help you learn, relearn, and validate your simulation and modelling abilities with this introductory course. Simio Fundamentals is an online course which consists of …

Integrating Simulation and Digital Twin Technology in the Hospitality Industry

The numbers are in and they do look good for the hospitality industry which consists of hotels, restaurants, and other hospitality-related services. According to Forbes, profitability in the hospitality industry is finally on the increase after the slump of previous years. The report further stated that the net profit margins for full-service restaurants grew by …

Digital Twin Technology: 5 Challenges Businesses Face By Overlooking It

A Disruptive technology is a product, concept or service that has the ability to redefine the traditional way of doing things.  Today, the digital twin concept is being hailed as a disruptive technology with the capacity to change how we design, solve complex problems and collaborate. In fact, a Gartner Report predicted that by 2021 …

Simio now has the GSA Advantage!®

We are pleased to announce that Simio has been awarded the coveted U.S. General Service Administration (GSA) IT-70 contract for Government Services. Simio’s object-oriented Simulation and Production Scheduling software is ideally suited for all aspects of state and local government use. Now, government agencies can more easily purchase Simio products and services for design, emulation …

The Evolution of the Industrial Ages: Industry 1.0 to 4.0

The modern industry has seen great advances since its earliest iteration at the beginning of the industrial revolution in the 18th century. For centuries, most of the goods including weapons, tools, food, clothing and housing, were manufactured by hand or by using work animals. This changed in the end of the 18th century with the …

Simio Partner Finalist in Franz Edelman Award

The prestigious Franz Edelman Award for Achievement in Operations Research and the Management Sciences was presented at the Edelman Gala on April 16th, 2018 in Baltimore, Maryland. The Franz Edelman competition honors distinction in the practice of Operations Research and Analytics, by both individuals and companies, with emphasis on the beneficial impact of their achievements. …

Optimizing the Smart Factory

In the same way that a product development involves prototyping, the production process for manufacturing that product should also be optimized for maximum efficiency and productivity.Discrete Event Simulation (DES) software approximates the manufacturing process into individual events, so can be used to model each step in manufacturing process for overall performance optimization. The IT innovations …

Customer Experience

(Guest article by Renee Thiesing) I recently found myself in a situation that can only be described as completely frustrating. And as an Industrial Engineer, it was even more frustrating because with just a small amount of reorganization and process enhancement, the customer experience could be improved tenfold. No, this aggravating experience did not occur …

Simulation and Strategic Management

Guest article from Marco Ribeiro Corporations everywhere today face the huge challenge of surviving and growing in an extremely competitive environment. Markets are shaped and reshaped due to constant innovation, customer demands and fierce competition. All these forces demand that corporations continuously reinvent themselves trying to maintain competitive advantages that differentiate them from the competition. …