CREATING A STRATEGIC AND EFFECTIVE HSE ROADMAP
UTILIZING THE IoT
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OVERVIEW
We believe IoTrepresents the most
compelling technology shift for business benefit
in the next decade
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QUOTE
Companies’ ability to adapt and thrive in this new era of the Internet of Things is very likely to determine who the next set of winners and laggards will be in this new connected age.
– Simona Jankowski, Goldman Sachs
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OVERVIEW
Fundamental shift from Reactive to Predictive management of HSE processes.
Businesses will benefit by reducing key metrics such as Injury Frequency Rate, Total Time Off and FatalitiesKey macro trends driving HSE adoption
Challenge to identify the right solutions providers
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A LITTLE BIT ABOUT US…
Nathan Klarer, CEO & Founder of Bridgecrest Medical, Inc. Based in Silicon Valley Bridgecrest Medical deploys vertically integrated HSE
IoT solutions for world leading heavy industry companies. Especially in Mining and Oil & Gas.
We work with leading research institutes to identify and integrate mobile health technologies.
We have deployed these solutions into some of the most remote areas of the planet….
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KYRGYZSTAN
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ANDES MOUNTAINSAnd…
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DR. CONGOAnd…
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TRENDS DRIVING HSE ADOPTION
Lower commodity prices: accidents have a pronounced effect on the bottom line
Corporate leadership through policies like “Zero-harm”, “One-Way”, “Nobody Gets Hurt” and many moreBYOD environment and worker expectation of Enterprise 2.0 software
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GROWING IoT SAFETY PROVIDER LANDSCAPE
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BIOMETRICS MONITORING
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FATIGUE MANAGEMENT
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COLLISION AVOIDANCE
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THE BUSINESS CASE FOR HSE IoT
A single accident can have direct costs of $205,000 USDAs of January 2015 the average net profit margin of the O&G industry was 6.1%Therefore, the accident requires $3,360,656 USD in topline revenue to make upAn additional 69,810 barrels of Brent Crude
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PREDICTIVE VS. REACTIVE: IoT ENABLES HSE LEADERSHIP
Then NowHSE Manager deals with aftermath of crash caused by driver fatigue
HSE Manager identifies at risk driver before he enters the cab of the truck
Gas leak causes respiratory damage to workers
Sensor identifies minor leak and alerts management
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PREDICTIVE VS. REACTIVE: IoT ENABLES HSE LEADERSHIP
Then NowHeat Stress requires employee to take additional time off
Wearable identifies low hydration levels and allows HSE Manager to intervene
Worker forgets a key instruction while operating equipment
Instructions relayed directly to their wrist through a smartwatch
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WHAT TO LOOK FOR IN SOLUTIONS PROVIDERS
Large effect on bottom line
Opportunity to negotiate with insurance provider at renewal period
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Solution offers reductions in key metrics:Total Time Off, Injury Frequency Rate, Total Injuries
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WHAT TO LOOK FOR IN SOLUTIONS PROVIDERS
Scientifically validated efficacy
Breadth of experience in the industry
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Solution is built for Oil & Gas
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WHAT TO LOOK FOR IN SOLUTIONS PROVIDERS
Understands localization and usability challenges .
Supports all stakeholders in the organization.
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Provider has sufficient reach to support your operations
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WHAT TO LOOK FOR IN SOLUTIONS PROVIDERS
People influence people
Organization evangelist needs support to increase adoption
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Provider can help identify influencers at the corporate and site levels
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THE FUTURE FOR HSE MANAGERS
A centralized dashboard for all HSE Processes
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THE FUTURE FOR HSE MANAGERS
Easy visualization of
Environmental hazards
Critical employee biometrics
Staffing levels
Shift Management
Supplies and equipment
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THE FUTURE FOR HSE MANAGERS
Metrics will allow improved communication of HSE goals to management
Easier to understand value proposition of
HSE efforts
Actionable insight that creates business benefits