Define: "Synthetic Modeling" in Business
Multi-headcount capital waste
"When management presents a synthetic model ask to see the variable for 'legacy technical debt'. When it equals zero walk out."
The use of artificially generated data or environments to simulate user behavior test systems or train machine learning algorithms.
What does "Synthetic Modeling" actually mean?
"Management proving their terrible ideas will work by testing them in a fake environment where the laws of physics and network latency do not apply."
"We use synthetic modeling to stress-test the application without exposing real customer data."
"The consultant's synthetic modeling proved the cloudThe CloudSomeone else's computer that we are now paying a 400% premium to use. migration would save us millions, entirely ignoring the fact that our database requires sub-millisecond physical latency."
By The Chief Waste Officer
18 years in the corporate trenches quantifying waste so you don't have to.