ABOUT THIS WEBINAR

Health & Safety

Visual AI: Revolutionizing HSE Investment for Unprecedented Impact

 

Webinar Summary

Each year, a staggering 340 million occupational accidents occur, imposing an incredible financial burden of over $175 billion on organizations, as reported by the National Safety Council. Despite traditional methods of tackling workplace incidents, including trips, slips, falls, and near misses, the reduction in injuries remains disappointingly low. However, with visual AI technology, a proactive approach to predicting incidents can augment existing policies, training programs, and physical intervention measures.

Beyond preventing injuries and loss of life, HSE investments pay impressive dividends. CFOs report that $1 invested in injury prevention returns $2 or more. Given the cost of injuries, savings from prevention can add up quick.

  • Direct cost of an average injury is $42,000.
  • Indirect costs of accident range is 2-10X direct cost, or $80.000-$420,00.
  • Loss of life cost companies $1M+ on average.
  • Brand impact with accidents affecting worker retention, worker acquisition, and moral.

IN THIS WEBINAR YOU WILL LEARN:

SparkCognition’s Visual AI Advisor (VAIA) uses an organization’s existing cameras to analyze video feeds in real-time, identifying everything from a near miss and a man down to a trip hazard or unexpected spark. Benefits of Visual AI for HSE include:

  • Proactive Incident Prevention: Visual AI can identify potential hazards, near misses, and unsafe conditions before accidents occur.
  • Enhanced Safety Compliance: By monitoring work areas and operations, visual AI can ensure compliance with safety regulations, standards, and protocols.
  • Provide Real-Time Notification: Ensure key stakeholders are alerted when an incident occurs, providing them with actionable details including date, time, location, and a visual snippet.
  • Augment Existing Best Practices: Visual AI works 24/7 and can observe 100s of video feeds and 1000s of frames per second to supplement existing HSE measures and personnel.


Watch on Demand

In Visual AI: Revolutionizing HSE Investment for Unprecedented Impact you’ll learn more about Visual AI Advisor from SparkCognition. Come experience this proven technology with a network of over 130,000 cameras under contract in over 16 countries. Hear from the expert’s real-world success stories on how visual AI is transforming HSE and preventing workplace incidents.

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