How to use a pre-software-age science in new-school software-design where data is everywhere and cheap.
System Dynamics is a modelling technique from the 1950s, used to understand dynamic complex systems. In combination with current streaming data architectures, the technique morphs into a prediction engine/real life monitoring system.
In the talk we’ll cover:
What System Dynamics is and its value in today’s Business Analysis & Application Design
The difference between process-design model and equivalent process-behaviour model
Benefits to a BA in using process behaviour models.
The difference between model-simulation, monitoring, and prediction
The concept of SD model patterns – “The MSB-project”
This webinar will also explain the difference between linear and non-linear event-streams, and how to incorporate them both into a model.
A key takeaway from this session will be to try to not only design/model ‘a process’, but also to model the ‘behaviour of a process’. Something that is most often left to the helpdesk in a post-production-release era.