A system for making real-time predictions about an arc flash event on an electrical system comprises a data acquisition component communicatively connected to a sensor configured to acquire real-time data output from the electrical system; an analytics server communicatively connected to the data acquisition component and comprising a virtual system modeling engine configured to generate predicted data output for the electrical system using a virtual system model of the electrical system, an analytics engine configured to monitor the real-time data output and the predicted data output of the electrical system, and an arc flash simulation engine configured to use the virtual system model updated based in the real-time data to forecast an aspect of the arc flash event.