LR announced the launching of its LR SafetyScanner, which combines applied data science and artificial intelligence to improve health, safety and environmental managers see beyond practices, gain greater insights and move to adopting leading-edge systems, ready for the 21st century.
According to Lloyd’s Register, the use of artificial intelligence aiming to mitigate human errors, provides companies with a new way of optimising health and safety across their entire organisation.
Ran Merkazy, VP Products and Service Innovation at LR noted
Many customers are already looking at digitalising their HSE systems to improve their reporting, analysing and managing of safety incidents across their organisations. While AI can better help address these challenges in HSE, companies often struggle to integrate their safety data and understand how to use AI to properly process their data in the right way. We are helping companies overcome this issue with the launch of LR SafetyScanner.
In the meantime, LR estimates that more than 75% company data aren’t easy to analyse by the traditional HSE process. Many are the companies that are at a transitional level, passing from the paper based HSE process to a digitalised HSE data capture system to help unlock insights and create commercial value.
Merkazy reported that LR’s scanner automates the analysis of a company’s data, as near misses, incidents, JHAs, and P2Ws and alters them into meaningful insight.
The use of Natural Language Processing, a sub-field of AI, LR SafetyScanner enables computers to understand and process human language instantly and it aligns computers to a human-level understanding of language. Along with text analytics, vision and vital-signs analytics are also being integrated.
Human interactions and negative physical conditions, such as fatigue and heat exhaustion, can now be understood in the context of risks and incidents.
Moreover, Merkazy highlighted that
LR SafetyScanner has been trained on 48 hazard categories, complete with hundreds of sub classifiers that help tag events in high resolution, instantly scanning all text data to generate a new picture of an organisation’s hazards. It helps companies to see previously hidden insights and maps out the bigger safety picture, behaviourally, geographically and historically.
Concluding, the new smart solution provides organisations with all information needed. Through this smart solution priorities are easy-to identify and efforts efforts focused in the right areas, reducing incident rates and providing assurance that critical HSE risks are effectively recorded and well-managed.