NIXN: Redefining Risk Management

Every company in the world has to make safety management decisions on a routine basis. Many of these vital decisions, however, are not made in board rooms. They are made by employees in the field, on the shop floor, and in real time. Companies need a quantitative method for field personnel to make decisions in real time. Without one, companies are leaving themselves open to unsustainable outcomes.

Introducing NIXN (Neural Intelligent Xtracting Network), your not so typical safety management software. Built with a four terabyte large data set (and constantly growing), spanning across industries including manufacturing, construction, energy, healthcare, insurance, ESG funds and more. NIXN carries many familiar feature sets with one core difference: the system is built on a probabilistic framework allowing users in real time to review actions prior to work, during working, and post work.

An employee of a company is working in a tight space with am angle grinder. NIXN quantifies the risk of cutting material with an angle grinder: (84) the 84 is the INHERENT risk of angle grinding because of the possible suboptimal outcomes: Flying Debris, Kick Back, and Tool Failure. The employee at this point understands the inherent risk of said activity and can add all mitigation factors that will continue to drive risk and probability of incident down to (70). NIXN will now allow user to add additional risks (i.e. removing the handle). The new score with using an angle grinder + removing the handle: (95). At this point in time, the employee now understands the risk involved with such case, and now NIXN will self-propagate suggested (most impactful) ways to mitigate the new risk, including additional PPE to protect against kickback, making sure, even without the handle, two hand operation is still used. NIXN will even suggest if there is a way to reach the same point at a new angle via some sort of scaffold and / or man lift. NIXN creates a framework for the decision maker (employee) to have a more sophisticated understanding of the action, possible risk and necessary mitigators.

In 2020, NIXN users have seen incidents decrease as much as 80% year over year by giving users the ability at all levels of a company to quantify uncertainties and understand how they affect each work activity.

Probabilistic risk and decision analysis is the most (and some say “the only”) rigorous approach to difficult problems involving uncertainty. NIXN does the work for a user in real time, providing a real time analytical model, available on any smart device. This real time analysis is then stored, categorized, tracked and trended so companies can take real world scenarios to better build out back-end safety management functions and identify true Leading Indicators.

If you are a company today that is looking for ways to empower your workforce, redefine your risk management, and create a sustainable world class safety culture, NIXN is the tool.

For more information regarding NIXN, please contact Erich Schmidt at erich@ogca.ca.