{"title":"Big Data and the bright future of simulation - The case of agent-based modeling","authors":"E. Bonabeau","doi":"10.1109/WSC.2013.6721399","DOIUrl":null,"url":null,"abstract":"Big Data may be an ugly word describing a diverse reality, but it also points to a bright future for simulation in general, and Agent-Based Modeling (ABM) in particular. As companies are struggling to make sense of the staggering amounts of data they have been amassing, data-driven simulation will be the backbone of how value is discovered and captured from data. Drawing from successful applications of ABM, I will make it explicit that what used to be an afterthought of simulation modeling (calibration) is now the cornerstone of the Big Data edifice.","PeriodicalId":287132,"journal":{"name":"Online World Conference on Soft Computing in Industrial Applications","volume":"4 2","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2013-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"5","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Online World Conference on Soft Computing in Industrial Applications","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/WSC.2013.6721399","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 5
Abstract
Big Data may be an ugly word describing a diverse reality, but it also points to a bright future for simulation in general, and Agent-Based Modeling (ABM) in particular. As companies are struggling to make sense of the staggering amounts of data they have been amassing, data-driven simulation will be the backbone of how value is discovered and captured from data. Drawing from successful applications of ABM, I will make it explicit that what used to be an afterthought of simulation modeling (calibration) is now the cornerstone of the Big Data edifice.
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