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AIROI - Artificial Intelligence Return on Invest: The AI strategy for decision-makers and managers

14 September 2024

Agent-based modelling (Glossary)

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Agent-based modelling is a term from the fields of artificial intelligence, big data and smart data as well as industry and Factory 4.0. It describes a method for making complex relationships understandable and predictable with the help of many individual, so-called "agents". Each agent acts for itself, has its own rules and can interact with other agents. Such agents can be people, machines or companies, for example.

A practical example: A company wants to know how a new production line will affect the entire process. With the help of agent-based modelling, all employees, machines and processes are mapped as individual agents. Decision-makers can then use the computer to observe how small changes affect the big picture - for example, more employees on a shift or new machines in use. This allows bottlenecks to be recognised and improvements to be planned in a targeted manner.

Agent-based modelling is particularly helpful when processes are not linear and predictable. It enables better decisions to be made on the basis of realistic simulations, thereby saving time and costs.

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Agent-based modelling explained simply: Understand, simulate, optimise - find out more now and design processes efficiently!

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