Stochastics is a concept that originates from the Greek word 'stókhos', meaning 'aim' or 'guess'. It refers to the property of being well-described by a random probability distribution and is a fundamental component of probability theory and statistics.
Using machine learning in place of traditional random sampling, Stochastics Ltd. has developed The Stochastics Solver, a machine learning algorithm for performing stochastic analyses. Early evaluations indicate that The Stochastics Solver achieves substantially higher performance than sampling‑based approaches when solving stochastic problems to a specified accuracy.
The general release of The Stochastics Solver is imminent. An evaluation web‑application version will be available to run on our website in the near future.