Paragon Simulation was founded in 1992 by its directors, Neil Higton and Vinod Bhatia, both of whom already had a long background working for modelling software companies. The vision of Paragon was, and remains, to bring the significant business benefits of modelling to organisations. Paragon's expertise is in creating bespoke models that can be used by those with no previous experience of operating models to meet their individual business needs.
Since 1992, Paragon has created over 400 simulation models for dozens of clients in a wide variety of fields. Whatever the field, clients who need to plan aspects of their businesses better and to understand and limit risks have found that Paragon models offer the solution.
Originally, modelling was primarily used for industrial processes and capacity planning where it was essential to demonstrate before making a huge capital investment that the required 'throughput' could be obtained. In one instance, Paragon models were instrumental in a client realising that they could only reliably achieve a small fraction of their planned capacity if they implemented their investment plan and facility layout as originally planned. Changes were designed and tested using our model and the waste of millions of pounds of investment was avoided.
However, as the service sector has expanded, in many organisations staff are by far the biggest cost and so it is equally important to organise and use them to maximum efficiency. Paragon has created models for staff training and allocation in call centres, back office processing, outsourcing companies and for high level sales and marketing planning.
Financial models have also become a large part of our business. Too often, finance and operations are planned separately - finance departments calculate expected returns using sophisticated financial information systems that have financial inputs as well as financial outputs. Meanwhile operations planners plan for what they see as maximum operational efficiency without linking this directly to financial results. We create models that link investments, operations plans and financial return.
Because Paragon is independent of any standard modelling software supplier, we always pick the best tool for the job and use it to create a bespoke model for you within our easy-to-use modelling environment. In many instances, we can even incorporate clients' existing spreadsheets into a far more sophisticated dynamic model. Models give insight into why things work (or don't work) well and help users to optimise plans and to quantify and anticipate the effects of variables and risk factors. We have also found that our models act as a focus to get people working together. Without modelling, many decisions can be made without properly considering all those involved in delivering them - simply because there were too many inputs and factors and no way of easily comparing the results of various scenarios. With a model, everybody's input can be properly considered, leading to better decision making and more robust plans.
If you'd like to know more about the clients we have worked with and the models we have produced for them, visit our ‘About Our Clients ’ page.
Many of our customers have worked with us over many years. Today, we are still working with our first ever client.
our people say
"Winning and leading projects gives me the opportunity to work alongside Paragon's team of intelligent motivated professionals."
