Petrotechnics Launches Enterprise Solution

(Press Release)
Monday, April 30, 2012
Phil Murray, CEO at Petrotechnics

With stakeholder expectations of operational performance in hazardous industries ever increasing, operational risk management is a board level challenge. 

 
Petrotechnics today announced the launch of Proscient, its Operational Performance & Predictive Risk software platform. It provides senior management in hazardous industries the ability to reduce risk, optimize performance and drive continuous improvement across their global operations.

The biggest operational risk occurs when people interact with the plant. This interaction is the leading cause of HiPo’s, 2nd leading cause of fatalities and a significant contributing factor in process safety incidents. Organizations typically have rigorous corporate processes for process safety, occupational safety and people management, with systems and data that provide indicators and close the assurance loop. However, when thousands of people interact with the plant every day to do repair or maintenance work, there are limited or no systems and often only paper based processes.  This leaves a large gap in the assurance loop with no feedback on performance.  In this critical area organizations can only judge performance after the event, i.e. with lagging indicators and audit.

Recognizing this critical gap in operational assurance, Petrotechnics’ Proscient closes the loop in the riskiest part of operations. The system intelligently embeds corporate, regional and local policies and processes ensuring they are consistently delivered in frontline practice. This provides senior management with insight and oversight over their global frontline operations.

The system captures data as part of routine work processes such as type of work, volume of work, interaction of work and associated human factors. Common metrics can be established across operations to provide a common indicator of the operational risk associated with the work being performed. For the first time the organization has a common means of understanding the relationship between delivering performance and operational risk. This data captured is then turned into meaningful insight providing clarity and confidence to improve decision making.   

Phil Murray, chief executive officer at Petrotechnics, said; “Our new product is designed to provide senior management with the tools to not only address the way operations are set up across the enterprise, but to ensure and vastly improve upon how the work is executed on a day-to-day basis while providing the means to measure performance.  It is the ideal platform for organizations to further embed a culture of continuous improvement within their operations.” Functionality of the product includes:

 

  • An Enterprise Platform


-Connect the strategic intent of corporate policy to operational practice
-Enterprise integration capabilities with corporate IT Operations Infrastructure such as Maintenance Management Systems, Planning Systems, ERP and HSE systems
-Flexibility to ensure corporate, regional and local standards are operationalized
 

  • Dynamic tools to optimize work in time, space and risk


-Work conflict detection improves decision making
-Real time risk profiles of the plant
 

  • Operational Intelligence provides Insight, Oversight and Corporate Governance


-Common Risk and Efficiency indices for the Enterprise, Assets and Plants providing real governance over operational activity
-Optimize operations with integrated business analytics capabilities

“Our system turns data captured as a part of routine working into operational intelligence for decision makers across the organization,” said Murray.  “For the first time, operational leaders can start to understand the relationship between performance and risk and proactively manage the organization to a less risky and more optimized performance.”

 

Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Technology

Inmarsat 3rd Global Xpress Satellite's Launch Delayed

Inmarsat has provided an initial update on the launch schedule for Inmarsat-5 F3 (I-5 F3) following the failure of the preceding Proton Breeze M launch from

Volume Up in Dutch Maritime Technology Sector

The Dutch maritime technology sector has had a good year. Turnover increased by 17%, from EUR 6.4 billion in 2013 to EUR 7.5 billion in 2014. The sector employed 31,680 FTEs, up from 29,361 in 2013.

ERMA Bullish on Ballast Water Treatment

After having delivered several BWTS systems in Kita Nihon shipyard in Japan, one more ERMA FIRST BWTS was successfully installed onboard the Bulk Carrier M/V SCARABÉ(DWT: 60,

Maritime Safety

Myanmar Finds 200 Bangladeshis in Offshore Boat

Myanmar's navy found a boat carrying more than 200 Bangladeshis, the government said on Friday, after the military chief said some migrants landing in Malaysia

Inmarsat 3rd Global Xpress Satellite's Launch Delayed

Inmarsat has provided an initial update on the launch schedule for Inmarsat-5 F3 (I-5 F3) following the failure of the preceding Proton Breeze M launch from

IMO Adopts Polar Code Environmental Provisions

United Nations' International Maritime Organization (IMO) has adopted the environmental part of the Polar Code. Hereby, internationally binding regulations on

Software Solutions

LR Establishes Applied Technology Group

Lloyd’s Register establishes the Applied Technology Group, centered around the activities of Martec Limited   The Applied Technology Group (ATG) describes is

SSI to Showcase New Software at Nor-Shipping

SSI informs it will showcase the latest versions of its CAD/CAM software, ShipConstructor and EnterprisePlatform, at Nor-Shipping 2015, June 2-5. SSI CEO Darren

Globavista Launch Software Product Update

Globavista drives greater efficiency in vessel fleets by providing enhanced operational intelligence to fleet managers with new software product updates, the developer announced.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Port Authority Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2206 sec (5 req/sec)