The IMM Seminar held a fully booked session today to welcome Dr. Vicente J. Bevia, a former doctoral student at the UPV and currently a researcher at Signaloid.
Under the title “Is Monte Carlo simulation still necessary?”, Dr. Bevia gave a presentation that aroused great interest among the attendees, addressing the evolution and limits of the Monte Carlo method, the cornerstone of stochastic calculation since its development in the Manhattan Project during the 1940s.
During his presentation, the speaker highlighted how, despite more than eight decades of research, Monte Carlo simulations continue to be an essential tool in fields as diverse as banking, artificial intelligence, manufacturing, and robotics.
Dr. Bevia presented the work he is currently developing at Signaloid, a company that is researching new approaches to dispense with Monte Carlo simulations without the need to significantly restructure the existing code. As he explained, these techniques allow the generality and applicability of classical methods to be maintained, but with substantial improvements in efficiency and error control.
The talk included three practical demonstrations, focusing on multiple integration problems and the SIR epidemiological model, which highlighted the potential of the new methodologies compared to traditional approaches.
The meeting concluded with a lively question and answer session, which addressed both theoretical aspects and possible industrial applications of this line of research.
With this session, the IMM continues to consolidate its commitment to disseminating the latest scientific advances in the field of applied mathematics and multidisciplinary modeling.
