Enterprise Simulation - A Practical Application in Business Planning

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Provided by: Institute of Electrical and Electronics Engineers
Topic: Big Data
Format: PDF
Modeling and simulation (which the authors will refer to as simply \"Modeling\" in this paper) is an essential process in modern business management. The Vanguard System is Web-based collaborative modeling software for enterprise simulation and business planning. It supports proactive decision-making, resource optimization, and strategic planning using a number of novel capabilities including: enterprise simulation, collaborative modeling, a Wiki-style knowledge portal, and grid computing. Perhaps the most distinctive characteristic of the Vanguard System is its ability to capture and process Knowledge the way traditional Business Intelligence (BI) systems process Data.
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