GAMS vs Insight Maker

Struggling to choose between GAMS and Insight Maker? Both products offer unique advantages, making it a tough decision.

GAMS is a Development solution with tags like optimization, mathematical-modeling, algebraic-modeling.

It boasts features such as High-level modeling language, Solver-independent, Large library of built-in functions and modeling capabilities, Interfaces to many optimization solvers, Scaleable to large, complex models, Can call external programs and languages and pros including Very flexible and versatile for modeling optimization problems, Allows rapid prototyping and testing of models, Many solvers available to handle different problem types, Can handle very large, complex models.

On the other hand, Insight Maker is a Education & Reference product tagged with simulation, modeling, systems-thinking, causal-loop-diagrams, stock-and-flow-models.

Its standout features include Causal loop diagramming, Stock and flow modeling, Model sharing and collaboration, Model libraries and examples, Model documentation, Interactive simulations, Model validation, and it shines with pros like Free to use, Intuitive and easy to learn interface, Large model libraries and examples, Active user community support, Can model complex systems and processes, Web-based so works on any device.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

GAMS

GAMS

GAMS (General Algebraic Modeling System) is an advanced programming language designed for mathematical programming and optimization. It allows complex optimization models to be built from algebraic statements and solved efficiently.

Categories:
optimization mathematical-modeling algebraic-modeling

GAMS Features

  1. High-level modeling language
  2. Solver-independent
  3. Large library of built-in functions and modeling capabilities
  4. Interfaces to many optimization solvers
  5. Scaleable to large, complex models
  6. Can call external programs and languages

Pricing

  • Subscription-Based

Pros

Very flexible and versatile for modeling optimization problems

Allows rapid prototyping and testing of models

Many solvers available to handle different problem types

Can handle very large, complex models

Cons

Steep learning curve

Not open source

Expensive licensing costs

Limited visualization and reporting capabilities


Insight Maker

Insight Maker

Insight Maker is a free online simulation tool that allows users to model complex systems through causal loop diagrams and stock and flow models. It enables conceptualizing, building, running, analyzing, and sharing simulation models of real world processes.

Categories:
simulation modeling systems-thinking causal-loop-diagrams stock-and-flow-models

Insight Maker Features

  1. Causal loop diagramming
  2. Stock and flow modeling
  3. Model sharing and collaboration
  4. Model libraries and examples
  5. Model documentation
  6. Interactive simulations
  7. Model validation

Pricing

  • Free

Pros

Free to use

Intuitive and easy to learn interface

Large model libraries and examples

Active user community support

Can model complex systems and processes

Web-based so works on any device

Cons

Limited customization compared to paid tools

Can be slow with large complex models

Limited export options

No Monte Carlo sensitivity analysis

No optimization or calibration