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SimEvents

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Pricing from
$29.00 per new student license
Free Trial
Free version unavailable
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User industry
  1. Banking and insurance
  2. Information technology and software
  3. Education and training

What is SimEvents

SimEvents is a discrete-event simulation tool used to model and analyze systems where state changes occur at specific event times, such as queues, manufacturing lines, logistics networks, and communication systems. It is commonly used by engineers and analysts to evaluate throughput, utilization, wait times, and resource constraints under different scenarios. The product is typically used in conjunction with block-diagram and model-based design workflows to combine event-driven logic with time-based dynamics.

pros

Discrete-event modeling focus

SimEvents is purpose-built for discrete-event systems such as queuing networks, resource allocation, and process flows. It supports modeling entities, servers, queues, and routing logic in a structured way rather than requiring users to build these constructs from scratch. This makes it suitable for operational performance studies where event timing and contention drive outcomes.

Integrates with model-based design

SimEvents is designed to work within a broader model-based environment, enabling combined simulations of event-driven processes and continuous-time dynamics. This helps teams analyze interactions between control logic, physical plant behavior, and operational constraints in one simulation workflow. It can reduce the need to stitch together separate tools for dynamics and discrete-event logic.

Scenario and KPI analysis

SimEvents supports collecting operational metrics such as queue lengths, wait times, throughput, and resource utilization during simulation runs. These outputs align with common engineering and operations questions like bottleneck identification and capacity planning. The results can be used to compare what-if scenarios and parameter changes in a repeatable way.

cons

Narrower than general CAE

SimEvents targets discrete-event and process/queue simulation rather than broad multiphysics or 3D mechanical CAE. Organizations needing geometry-centric workflows (CAD-integrated simulation, meshing, structural/CFD solvers) typically require additional specialized tools. As a result, it may not cover end-to-end CAE needs on its own.

Ecosystem and licensing dependency

SimEvents is commonly deployed as part of a larger proprietary technical computing ecosystem, which can affect total cost and procurement flexibility. Teams may need compatible versions of related products and toolboxes to match existing models and workflows. This can be a constraint compared with standalone or open-source alternatives for some use cases.

Learning curve for complex models

Building accurate discrete-event models requires careful definition of entities, resources, routing rules, and event logic. Complex systems can become difficult to validate and maintain without disciplined modeling practices and documentation. Performance and model clarity can degrade as models grow in size and branching logic.

Plan & Pricing

Plan Price Key features & notes
Standard (Perpetual, commercial new license) $3,755.00 New perpetual license price listed on MathWorks Store (requires MATLAB & Simulink).
Individual (Annual) $940 per year Annual individual license price shown on MathWorks Pricing & Licensing page for SimEvents.
Student (New/Annual student license add-on) $29.00 Student add-on price on MathWorks Student store (requires MATLAB & Simulink; applies to student licenses).
Home (Annual Home license add-on) $49.00 Home-license add-on price shown on MathWorks Home store pages (region-dependent).

Seller details

The MathWorks, Inc.
Natick, Massachusetts, USA
1984
Private
https://www.mathworks.com/
https://x.com/MATLAB
https://www.linkedin.com/company/the-mathworks/

Tools by The MathWorks, Inc.

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SimEvents

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