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The World Economic Forum 2023, recently held in Switzerland, was focused on the world's most pressing global challenges and the potential for advancing innovative solutions. In this blog post, we will shine a light on some of the most severe risks over the next decade and our abilities to tackle global issues for future resilience using simulation modeling.

As gas and electricity prices surge, people and businesses are spending a record of their income on energy. This blog post will show how simulation helps optimize energy systems and analyze the effects of renewable energy sources, decentralized energy management, and changing social behavior on electric power consumption.

There is a significant and growing wealth gap in almost every country throughout the world. There are many reasons for this growing inequality amongst the population, but can a combination of simulation and luck play a part in identifying how to stop this trend or even reverse it?

UDES is designed for teaching the complex nature of city interactions, and also a method for representing them – agent based simulation.

It is an excellent example model, accessible to all, with both interactive and customizable elements. Let’s take a closer look…

A smart bike sharing system can provide fast and easy access to public transportation where short trips are common for a large portion of the population. Urban planning officials in the City of Leon, Guanajuato, Mexico believe the socioeconomic conditions along with its societies adherence to this mode of transportation combined with the urban trace and physical conditions encourage the adoption of a bike sharing system. The City of Leon contracted Karla Margarita Gamez Pérez, Eleazar Puente Rivera, and her team from The University of Monterrey to research the possibility of a bike sharing system prior to implementation. Karla’s team chose AnyLogic Software for simulation modeling to carry out the design and dimensioning of the system.

Since the 1940’s, simulation and modeling has been used to study, problem-solve and make decisions, to enable a risk-free environment for testing systems in nearly all industries. However, Religion is rarely if ever studied using modeling and simulation, until now. The Modeling Religion Project (MRP) began July 1st, 2015. A collaboration between the Institute of Bio-Cultural Study of Religion (IBCSR), and the Virginia Modeling, Simulation & Analysis Center (VMASC), and “an ambitious attempt to connect the sciences of modeling and simulation (M&S) with the scientific study of religion (SSR).”

Managing a supply chain requires complex analysis and strategic planning. Modeling and simulation with AnyLogic software allows you to stress your system and optimize strategies – all in a virtual environment. An example supply chain model was demonstrated live by Andrei Borchshev, CEO of The AnyLogic Company and is also available for you to run on www.runthemodel.com. This model of a supply network, comes with an Adaptive Supply Chain tool. It is US-wide and consists of part suppliers, producers, distributors and retailers whose properties can be viewed and edited with just one click. For example, the stationary (s,S) inventory policy applies throughout the whole supply chain, but you can change both the “order point” and the “order up to” level of any individual object.