Simulation

Concept and definition

Simulation

What is Simulation?

Simulation is a computational process that mimics the behaviour of an often complex system or process using a mathematical or statistical model. In the context of artificial intelligence and machine learning, simulation can be used to train and validate machine learning models in controlled situations before applying them in the real world. Simulation can also be useful for modelling and simulating the behaviour of complex systems, such as traffic, economy or climate, which can provide valuable information for decision-making.

« Back to glossary

Do you want to get in touch?

CDRs contain data that a telecommunications company collects about phone calls, such as time and length of call. This data can be used in analytical applications.
Fill the form
Share:
NPLs and recovery of delinquent portfolios

Normally the acronym NPLs (Non Performing Loans) is used in the financial sector and is a reality in Spanish banks as well as in banks [...].

Read More »
How to detect delinquent customers and avoid defaults? 10 signs of delinquency

As a consequence of this pandemic and economic situation in which we have found ourselves for the last two years, with the intention of better protecting the [...]

Read More »
What is Data Mining?

Data Mining is a process of exploration and analysis of large amounts of data, with the objective of discovering patterns, relationships and trends that can be [...]

Read More »
AI and process automation to increase efficiency and reduce costs

In this article we are going to focus on how artificial intelligence (AI) can increase efficiency and reduce costs for your company by [...]

Read More »
See more entries
© Gamco 2021, All Rights Reserved - Legal notice - Privacy - Cookies