We believe IoT represents the most compelling technology shift for business benefit in the next decade. Safety managers can utilize the IoT to prevent accidents before they happen and protect their bottom line.
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….
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
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