GoldSim Quick Overview


What is GoldSim?

GoldSim is a powerful and flexible probabilistic simulation platform for visualizing and dynamically simulating nearly any kind of physical, financial, or organizational system. You build a model in an intuitive manner by literally drawing a picture (an influence diagram) of your system. In a sense, GoldSim is like a "visual spreadsheet" that allows you to graphically create and manipulate data and equations. GoldSim moves beyond spreadsheets, however, by making it much easier for you to evaluate how systems evolve over time, and predict their future behavior.
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What Types of Applications Can GoldSim Be Used For?

GoldSim is a general-purpose probabilistic simulation platform, and as such, has been utilized for a wide range of diverse applications.  Most GoldSim applications fall into one of three categories: 1) environmental systems modeling; 2) business and economic modeling; and 3) engineered systems modeling. Examples of GoldSim applications include water resource planning and optimization, modeling water and waste management at  mines, simulating long-term risks associated with disposal of hazardous and radioactive waste, evaluating the reliability of complex engineered systems (e.g., defense systems, processing facilities), evaluating risks associated with space missions, and long-term strategic planning for complex projects and business systems.
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Why Use Simulation?

Simulation is a decision support tool to evaluate, compare and optimize alternative designs, plans and policies.  Simulation should be used when the consequences of a proposed action, plan or design cannot be directly and immediately observed (i.e., the consequences are delayed in time and/or dispersed in space) and/or it is impractical or prohibitively expensive to test the alternatives directly. Simulation is particularly valuable when there is significant uncertainty regarding the outcome or consequences of a particular alternative under consideration
Learn more: When to Use Simulation

Why Should I Choose GoldSim?

GoldSim is a uniquely powerful simulation program capable of producing the insight you need to make better decisions in the face of uncertainty. GoldSim has a proven track record, and is used by over 300 organizations in over 30 countries to address a wide range of complex issues.  Our users include government organizations (such as the US Department of Energy, NASA, and the California Department of Water Resources) in over 10 countries, as well as large corporations such as Caterpillar, ConocoPhillips, and BHP Billiton.
Learn more: How is GoldSim Different from Other Simulation Software?


Making Better Decisions In An Uncertain World