NAFEMS | The Benefits of Simulation
ESTECO will take part in the Seminar ‘Benefits of Simulation Seminar’ organized by NAFEMS that will be held in Zagreb on Monday, 25th March 2019.
This seminar is a genuine endeavor to equip the attendees with relevant information on the overall value of engineering simulation to a business, and how it is increasingly a requirement for continued innovation and the ongoing competitiveness of companies.
The ‘Benefits of Simulation Seminar’ therefore aims to:
- Demonstrate the business value of simulation, particularly for small and medium-sized businesses (SMBs) and industries where simulation is not a mature capability;
- Identify successful implementations of simulation which have provided a noticeable return on investment and promote the lessons learned from these implementations;
- Disseminate techniques that will allow organizations to maximize their investment in simulation, including change management, skills development and simulation management;
- Provide guidance on different methods of deploying a simulation capability.
Simulation has and will continue to play a major role in product and process innovation. New ideas have to be tested, qualified and refined before they can be put into practice or introduced to the market.
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