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Digital economy. The digital economy is a portmanteau of digital computing and economy, and is an umbrella term that describes how traditional brick-and-mortar economic activities (production, distribution, trade) are being transformed by the Internet and World Wide Web technologies. [1] [2]
The RTS is a fully digital electromagnetic transient power system simulator that operates in real time. HYPERSIM is one of the commercial RTS available, it has been developed by Hydro-Québec and eMEGAsim has been developed by OPAL-RT Technologies Inc. which was born within Hydro-Québec. HYPERSIM is now available from OPAL-RT Technologies ...
v. t. e. A simulation is an imitative representation of a process or system that could exist in the real world. [1] [2] [3] In this broad sense, simulation can often be used interchangeably with model. [2] Sometimes a clear distinction between the two terms is made, in which simulations require the use of models; the model represents the key ...
Computer simulation. A 48-hour computer simulation of Typhoon Mawar using the Weather Research and Forecasting model. Process of building a computer model, and the interplay between experiment, simulation, and theory. Computer simulation is the process of mathematical modelling, performed on a computer, which is designed to predict the ...
Business simulation or corporate simulation is simulation used for business training, education or analysis. It can be scenario -based or numeric -based. Most business simulations are used for business acumen training and development. Learning objectives include: strategic thinking, decision making, problem solving, financial analysis, market ...
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Artificial intelligence (AI), in its broadest sense, is intelligence exhibited by machines, particularly computer systems.It is a field of research in computer science that develops and studies methods and software which enable machines to perceive their environment and uses learning and intelligence to take actions that maximize their chances of achieving defined goals.