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Simulation can significantly improve the competitive position of manufacturing and engineering companies by reducing their costs and resulting in more efficient development, production, procurement, logistics or financial processes. However, the take-up of simulation software by SMEs has until now been low due to high barriers of entry that include hardware prices, licensing costs and technical ex ...

myEcoCost is a foundational methodology that defines a global collaborative network of resource accounting nodes. It provides a means of accounting for and expressing usage of natural resources for products, services and technologies, to inform all economic actors including SMEs (Small and Medium size Enterprise) and consumers, on environmentally relevant information. It is a novel, bottom up appr ...