![]() The tool was named AnyLogic, because it supported all three well-known modeling approaches: system dynamics, discrete event simulation, Agent-based modeling. The resulting software was released in 2000 and featured the latest information technologies: an object-oriented approach, elements of the UML standard, the use of Java, and a modern GUI. ![]() Development emphasis was placed on applied methods: simulation, performance analysis, behavior of stochastic systems, optimization and visualization. In 1998, the success of this research inspired the DCN laboratory to organize a company with the mission of developing a new generation of simulation software. The tool was developed with the help of a research grant from Hewlett-Packard (Commonly known as HP). This system allowed graphical modeling notation to be used for describing system structure and behavior. The Distributed Computer Network (DCN) research group at Saint Petersburg Polytechnic University developed a software system for the analysis of program correctness the new tool was named COVERS (Concurrent Verification and Simulation). ![]() This approach was applied to the analysis of correctness of parallel and distributed programs. In the early 1990s, there was a big interest in the mathematical approach to modeling and simulation of parallel processes. ĪnyLogic is used to simulate: markets and competition, healthcare, manufacturing, supply chains and logistics, retail, business processes, social and ecosystem dynamics, defense, project and asset management, pedestrian dynamics and road traffic, IT, and aerospace. AnyLogic is cross-platform simulation software that works on Windows, macOS and Linux. It supports agent-based, discrete event, and system dynamics simulation methodologies. In July 2015, PayPal was spun off to become an independent, publicly traded company.English, Portuguese, Russian, German, Chinese, SpanishĪnyLogic is a multimethod simulation modeling tool developed by The AnyLogic Company (formerly XJ Technologies). On October 3, 2002, eBay purchased PayPal for US$1.5 billion. In September 2000, when Musk was in Australia for a honeymoon trip, the X.com board voted for a change of CEO from Musk to Peter Thiel, the co-founder of Confinity. Subsequently, PayPal developed to allow users to send money using email and the web. Started in 1998, Confinity's product PayPal enabled users with PalmPilots to send money to each other through its infrared ports. Musk was its biggest shareholder and was appointed as its CEO. In March 2000, X.com merged with Confinity, its fiercest competitor, the new company being called X.com. Within two months, X.com attracted over 200,000 signups. ![]() X.com officially launched on December 7, 1999, with former Intuit CEO Bill Harris serving as the inaugural CEO. Due to conflict on how to run the company, Musk fired Fricker five months after x.com had started, and the other two co-founders, Payne and Ho left consequently. The company was initially run from a house before moving to an office in Palo Alto, California. Fricker worked with Musk when Musk was an intern at the Bank of Nova Scotia, Payne was a friend of Fricker, and Ho was an engineer at Silicon Graphics and executive at Zip2. A month after Zip2 was purchased by Compaq, Musk invested about $12 million into co-founding X.com in March 1999 with Harris Fricker, Christopher Payne, and Ed Ho. In January 1999, Musk formally began planning an online bank while in the process of selling his company Zip2. Musk commented in a 1999 interview with CBS MarketWatch: "I think we're at the third stage now where people are ready to use the Internet as their main financial repository." Throughout the 1990s, Elon Musk envisioned creating a full-service online bank that provided checking and savings accounts, brokerages, and insurance. Click to expand.He did lose an internal power struggle and get ousted but X was the original name of the company.
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