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The ROI of Visual AI for EHS – Unlocking the Power of Data

When

1/25/24 12:00 pm to 1:00 pm CST

Event Description

In today’s industrial landscape, OSHA programs are the guardians of workplace well-being – safeguarding employees – and productivity. Yet, these programs are often perceived as opaque cost avoidance strategies, especially because quantifying their return on investment is daunting. Still, the direct cost of an average injury is $42,000, with indirect costs ranging from two to 10 times the direct cost, or $80,000-$420,000.

Enter visual artificial intelligence, the technology to clarify cloudy value measurements and key performance indicators. Visual AI 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 fire-causing spark. In turn, these insights can be used to measure the effectiveness of new environmental, health and safety initiatives and programs.

Visual AI contributes to the bottom line with:

  • Proactive incident prevention: Visual AI can identify potential hazards, near misses and unsafe conditions before incidents occur.
  • Enhanced safety compliance: By monitoring work areas and operations, visual AI can ensure compliance with safety regulations, standards and protocols.
  • 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.
  • Augmented best practices: Visual AI works 24/7 and can observe hundreds of video feeds and thousands of frames per second to supplement existing EHS measures and personnel.

    Furthermore, we’ll delve into the broader implications of visual AI, exploring how it enhances ROI across various parts of industrial operations.

    Join us for an enlightening session where we’ll demystify visual AI, offering practical insights to decode the details of EHS ROI measurement. Visual AI is poised to illuminate the path toward improved EHS strategies.

    Speaker

    Jon Haslanger Jon Haslanger , Vice President of Visual AI Solutions

    Jon Haslanger is a technologist, innovator and leader who is passionate about using artificial intelligence to solve critical business problems. With more than 15 years of safely leading teams in high-risk industries, he’s well acquainted with the challenges and importance of managing workplace safety. Jon’s experience with applied data science and machine learning allows him to leverage expertise and quickly unlock benefits for companies from their AI investments.

    As vice president of visual AI solutions at SparkCognition, Jon serves as an advisor to manufacturing, industrial and energy companies, helping solve critical challenges by deploying AI solutions and delivering improvements in safety, quality and efficiency. Before to joining SparkCognition, Jon worked at Schlumberger in several key positions across America, Europe and Asia. He holds a Bachelor of Science in mechanical engineering from Johns Hopkins University and an Master of Science in business analytics from New York University.

    Jodie Sasse Jodie Sasse, Vice President of Visual AI Advisor

    Jodie Sasse is an accomplished leader and advisor to companies seeking innovative software solutions to solve their most critical business problems. Throughout her 20-plus-year career in the technology industry, she’s developed a passion for helping companies unlock growth, optimize performance and realize return on their technology investments. As SparkCognition’s vice president of visual AI advisor, Jodie drives the outcomes for clients with safety, security, productivity, inspection and situational awareness challenges. Before joining SparkCognition, Jodie held various roles at Twilio, Equals3 AI, IBM and IBM Watson. She holds a Bachelor of Science in finance and economics from Syracuse University and a Master of Business Administration from Suffolk University.

    Moderator

    Alan FergusonAlan Ferguson, Associate Editor, Safety+Health magazine.

    Alan is associate editor of Safety+Health and serves as co-host of the magazine’s “On the Safe Side” podcast.