Digital Technologies Close The Gap Between Assets And Workers To Enable Real-Time Risk Management

Executive Summary

This report provides operations, safety and risk managers with insight for incorporating digital technologies to enhance real-time risk management. The majority of accidents and incidents that occur involve assets and workers. Digital technologies such as industrial wearables, digital twins, control of work software and asset performance management software enable closer cooperation between EHS and operations, present new methods to decrease SIFs and introduce innovative solutions into the hierarchy of controls by combining data on worker activities, location and health with asset condition data for integrated risk management. Digital technologies combine insights about the condition or health of an asset with worker information to manage and mitigate risks in real-time.
 
Digital Technologies Enable Operations And Safety Collaboration For Risk Management  
The Majority Of Serious Incidents Involve The Interplay Of Assets And Workers
Digital Technologies Provide A New Perspective On Risk Management
Buyers Should Consider The Following Categories Of Technologies For Integrated Risk Management
Connecting Up Digital Technologies Will Create An Integrated Risk Management Proposition
Figure 1. Accidents Involve The Interplay Of Assets And Workers 
Figure 2. OSHA’s PSM Standard Covers Asset Integrity, Worker Safety And Operational Risk Management 

About the Authors

Malavika Tohani

Malavika Tohani

Research Director, Industrial Transformation

Malavika leads the Verdantix Industrial Transformation practice. Her current research agenda focuses on digital technologies for Operational Excellence including digital twins…

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Rodolphe d’Arjuzon

Rodolphe d’Arjuzon

Chief Product Officer and Co-Founder

Rodolphe co-founded Verdantix in 2008 and directs the firm’s research strategy across all practice areas. Rodolphe has over 20 years of experience in technology research…

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