| The world behind a virtually simulated world is that | | | | in the market. |
| of simulation software. Simulation software is the | | | | Scheduling, goods and people management, call |
| tool used to design or manage the imitation | | | | centre activities, network flow analysis can all be |
| system to describe the real potential process or | | | | included features in simulated software. Simulation |
| situation. They are generally application specific | | | | software has widespread applications and uses. |
| and the main characteristics of this software is | | | | This enables the user to analyse, interpret and |
| usability and availability. Based on these, simulation | | | | draw conclusions, using information from various |
| software has found its way into numerous and | | | | sources and in various forms. These are designed |
| varied application fields. | | | | to inculcate in a model, information from |
| One example of this type of software is Risk, a | | | | spreadsheets, CAD, output and production figures, |
| software package used primarily for risk analysis | | | | which provide a realistic and accurate idea of |
| and decision-making. This simulation is used | | | | effects, results and reactions when parameters |
| basically for financial analysis by insurance and | | | | are changed in the simulated process. |
| financial services companies. Analytica is a | | | | Simulation software used in simulation games are |
| software package used in investment, portfolio | | | | designed to replicate even the smallest of details |
| and network analysis, as also in areas of research. | | | | to provide a realistic feel to the game. Its use for |
| Any Logic 6.0 is used for market modelling, | | | | military purposes varies from military ranges, |
| logistics, resource and asset management. | | | | mock warfare, internal simulation, external |
| Although used primarily by the telecom and | | | | simulation and exercise planning. |
| transportation sector, it may be used for global | | | | The applications of simulation software are |
| modelling for any kind of business. Arena, SAS | | | | increasing everyday and increasingly sophisticated |
| Software, Show Flow, SIGMA, Sim cad Flow are | | | | simulation software applications are now available |
| some of the other simulation applications available | | | | for personal computers as well. |