Near-Miss Management (NM)

Proactive, Resilient Industrial Operations

HQ Location	United States
Year Founded	2016
Company Type	Private
Revenue	< $10m
Employees	11 - 50
Website	Open website

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DESCRIPTION

Company Description

Near-Miss Management LLC provides a uniquely effective, enterprise risk detection and advanced warning platform for the process and energy industries. Our approach is based on identifying near-misses, hidden in volumes of process data recorded in plants. Patented analytics rip through millions of data points to identify developing problems at very early stages and allow operating teams to avert unexpected failures through timely corrective actions.

Described as 'disruptive innovation’ by customers, our methods are enabling proactive management to increase both safety and profitability. Our technology has been developed through years of research in solving common challenges faced by industrial facilities – providing us a unique expertise in risk management, near-miss management and big data analytics technology.

IoT Solutions

Dynamic Risk Analyzer™ (DRA) has been proven to improve safety, reliability, and on-stream efficiency in industrial plant operations. It delivers actionable, early indicators of process issues – typically days and weeks before the alarms go off. What makes it unique is our distinctive, patented approach of identifying hidden near-misses™ in the process data. This enables the operating teams to avert problems just when they are beginning to form, to plan Predictive Maintenance, and to achieve ultimate safety and bottom line.

Reduces Unexpected Shutdowns and Process Failures - DRA is designed to uncover hidden problems, so you can stay focused on finding solutions, not hunting for problems.

Increases On-Stream Efficiency and Capacity Utilization - DRA provides peripheral vision on issues developing on the sidelines, enabling you to address new risks and their drivers.

Improves Process Safety and Reliability - What makes DRA unique is its ability to rip through the entire spectrum of process data, uncovering problems, long before humans or alarms can.

IOT SNAPSHOT

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