One of the goals of the fourth industrial revolutions is to make the industry more effective in all its aspects. Safety is not excluded.
In this age of changes, organizations will have a great opportunity to carry safety beyond compliance. One of the biggest problems that safety has been faced is many organizations stop in compliance, believing that no more needs to be done. Although the numbers are decreasing in reported incident and fatalities, the numbers are not exciting. The numbers are still high1.
It is well known that almost nobody likes change. The fourth revolution will push the organizations to do two critical things:
Change to Management.
Listen to the employees and workers’ perspectives.
Here is how the internet of thing and safety is a positive relationship
- 1. The internet of things will help to optimize operations. Let’s review the following numbers according to McKenzie and Company. The internet of thing will bring interoperability among systems that require to capture 40% of the potential value. Therefore the 60% is the effort to integrate and analyze data. It is a great opportunity to assess new way s of know-how.
- 2. Data collection. We will continuously see the number of incidents and fatalities rising. Less than 1% of the data is used to make decisions. This is one of the reason why safety stops in compliance. Data collection and assessment will be critical to reduce injuries, be competitive in the market and increase performance.
- 3. Organization’s Economic Potential. The internet of things is a great source of information to add value and generate the know-how of the company. In recent studies, the Internet of things has showed more impact to the organizations than for customers. These technologies are generating more than 90% of the important data for our organization.
- 4. Human Interaction. The most critical part of the fourth industrial revolution. The internet of things will help to increase performance, in other words to make our jobs easier. Also, it will be a tremendous opportunity to teach and coach our workers to contribute to find new ways of do things. The golden assets to survive and be competitive in the market is knowledge. Safety will be successful if we encourage workers to participate by having high engagement from management.
- Worksites. In the mining, oil and gas industry they can have an economic impact from $160 billion to 930 billion2 by 2025. The internet of things will help to improve maintenance, stay ahead of critical tasks to improve health and safety, predict possible outcomes that can affect the operations of a rig or mine.
- 6. Organization and talent. The organization will encourage their employees to use the internet of thing to guide data-driven decision making, as well as to adapt the organization to new business models or new processes. This will be another key to reduce injuries.
- 7. Policymakers. By analyzing all data from the technology, they were able to framework regulations and policies better to become competitive. The data by itself become the intellectual property of the organizations. Therefore, companies will need policies and regulation s to protect it.
In conclusion, the new development in technology such as the internet of things will help the organization to generate knowledge by encouraging workers to learn how to assess data to improve the decision-making process that will carry their safety program beyond mere compliance.
At the same time, it will imperative to know how to decode the tacit knowledge generated by your organization. This will allow you to become more competitive or dominate your market by having an efficient communication between different areas of the business such as operations-safety, sales-marketing, and compliance-technology.