SIMUL8
Simulation Maturity Framework for Organizations
Pages
19
Time to read
32 mins
Publication
Language
English
Pages
19
Time to read
32 mins
Publication
Language
English
This white paper presents the Simulation Maturity Framework, which outlines six levels of simulation maturity that organizations can achieve. It details how advancing through these levels allows organizations to enhance their decision-making capabilities, improve operational performance, and realize faster returns on investment (ROI). The framework emphasizes the importance of simulation in eliminating risks from decision-making processes and enabling organizations to adapt quickly to changing business scenarios. It explains that as organizations evolve their use of simulation, they can leverage advanced technologies and methodologies to create digital twins, leading to more accurate and timely decision-making. The paper also discusses the role of champions within organizations who advocate for the adoption of simulation, highlighting the need for effective communication and training to build a robust simulation team. Overall, it serves as a roadmap for organizations aiming to improve their simulation capabilities and achieve greater maturity in their operational processes.