Predictive Solutions Corp., an Industrial Scientific company, has released a new white paper entitled, “Nate Silver, Billy Beane, and Alex Trebek: Making the Case for Predictive Analytics in Workplace Safety,” as a resource for those looking to learn how leading safety professionals are making the case to employ predictive models in their workplace safety program.
The paper discloses results from companies implementing the practice within their safety functions, including reduced lost work day rates, incident rates, and costs rates, and summarizes research by Predictive Solutions and Carnegie Mellon University in the development of powerful safety analytics and prediction models.
However, as the paper concludes, advanced and predictive analytics is only part of a workplace safety program and does not replace safety professionals, but rather extend their knowledge, increase their analysis power, and help direct the use of their often scarce resources.
Learn more here.
A Blog From the American Society of Safety Engineers