Creating a Strategic HSE Roadmap Utilizing the IoT
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The document outlines the strategic implementation of IoT technology in health, safety, and environmental (HSE) management to shift from reactive to predictive processes. It highlights how businesses, especially in heavy industries like mining and oil & gas, can reduce injury rates and enhance operational safety through innovative solutions. Additionally, it emphasizes the importance of selecting the right IoT service providers to ensure effective HSE integration and the realization of business benefits.
Creating a Strategic HSE Roadmap Utilizing the IoT
- 1. CREATING A STRATEGIC AND EFFECTIVE HSE ROADMAP UTILIZING THE IoT
- 2. OVERVIEW 2 We believe IoT represents the most compelling technology shift for business benefit in the next decade
- 3. QUOTE 3 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
- 4. OVERVIEW 4 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 Fatalities Key macro trends driving HSE adoption Challenge to identify the right solutions providers
- 5. A LITTLE BIT ABOUT US… 5 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….
- 6. 6 KYRGYZSTAN
- 9. TRENDS DRIVING HSE ADOPTION 9 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 more BYOD environment and worker expectation of Enterprise 2.0 software 1 2 3
- 10. GROWING IoT SAFETY PROVIDER LANDSCAPE 10
- 14. THE BUSINESS CASE FOR HSE IoT 14 A single accident can have direct costs of $205,000 USD As 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 up An additional 69,810 barrels of Brent Crude
- 15. PREDICTIVE VS. REACTIVE: IoT ENABLES HSE LEADERSHIP 15 Then Now HSE 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
- 16. PREDICTIVE VS. REACTIVE: IoT ENABLES HSE LEADERSHIP 16 Then Now Heat 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
- 17. WHAT TO LOOK FOR IN SOLUTIONS PROVIDERS 17 Large effect on bottom line Opportunity to negotiate with insurance provider at renewal period 1 2 Solution offers reductions in key metrics: Total Time Off, Injury Frequency Rate, Total Injuries
- 18. WHAT TO LOOK FOR IN SOLUTIONS PROVIDERS 18 Scientifically validated efficacy Breadth of experience in the industry 1 2 Solution is built for Oil & Gas
- 19. WHAT TO LOOK FOR IN SOLUTIONS PROVIDERS 19 Understands localization and usability challenges . Supports all stakeholders in the organization. 1 2 Provider has sufficient reach to support your operations
- 20. WHAT TO LOOK FOR IN SOLUTIONS PROVIDERS 20 People influence people Organization evangelist needs support to increase adoption 1 2 Provider can help identify influencers at the corporate and site levels
- 21. THE FUTURE FOR HSE MANAGERS 21 A centralized dashboard for all HSE Processes
- 22. THE FUTURE FOR HSE MANAGERS 22 Easy visualization of Environmental hazards Critical employee biometrics Staffing levels Shift Management Supplies and equipment
- 23. THE FUTURE FOR HSE MANAGERS 23 Metrics will allow improved communication of HSE goals to management Easier to understand value proposition of HSE efforts Actionable insight that creates business benefits