Energy

Operational excellence platform to manage risk

Key facts

$6.5maverage annual cost savings
typically75%reduction in crew waiting time
typically47% reduction in annual downtime
Next Steps
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Top business benefits

Cuts downtime

Reduces crew waiting time

Cuts costs

Operational- excellence software for highlighting and minimising operational risk.

In more detail

Full description

There are multiple risks associated with oil and gas operations. Managing and minimising these risks is challenging. This operational-excellence software platform delivers a single, shared overview of the operational risk facing an oil and gas facility. It works by aggregating data from sensors, systems and human activity. It uses a range of modules to show where work activities are happening on the plant, how they align with safety rules, and what impact they have on the asset's risk level. Meanwhile, the solution’s mobile app allows users to manage permits and isolations, and to track incidents and near-misses. With a holistic, company-wide view of operational risk, this solution improves the health and safety of a plant and dramatically reduces wait time and downtime.

The challenge

There are multiple risks associated with oil and gas operations. Managing and minimising these risks is challenging. Typically, operators rely on a mix of manual assessments and multiple software solutions. These disconnected methods are expensive, time consuming and prone to dangerous oversights.

This operational-excellence software platform delivers a single, shared overview of the operational risk facing an oil and gas facility. It works by aggregating data from sensors, systems and human activity. It uses a range of modules to show where work activities are happening on the plant, how they align with safety rules, and what impact they have on the asset's risk level. Meanwhile, the solution’s mobile app allows users to manage permits and isolations, and to track incidents and near-misses. With a holistic, company-wide view of operational risk, this solution improves the health and safety of a plant and dramatically reduces wait time and downtime.

The approach

This operational-excellence software platform delivers a single, shared overview of the operational risk facing an oil and gas facility. It works by aggregating data from sensors, systems and human activity. It uses a range of modules to show where work activities are happening on the plant, how they align with safety rules, and what impact they have on the asset's risk level. Meanwhile, the solution’s mobile app allows users to manage permits and isolations, and to track incidents and near-misses. With a holistic, company-wide view of operational risk, this solution improves the health and safety of a plant and dramatically reduces wait time and downtime.

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2022 Globee Award Winner

A bronze award in the 'Startup of the Year: Business Services' category