FYLD reaches milestone of revolutionary safety project
FYLD, a leading field workforce mobility platform, in partnership with SGN and National Grid, has successfully concluded the first phase of a groundbreaking project which aims to dramatically transform safety in the utilities industry. The project drives the development and deployment of an innovative predictive machine-learning model which calculates high-risk events before they happen.
Office of Gas and Electricity Markets (OFGEM) awarded FYLD, SGN and National Grid £500k in 2022 to progress the development of Predictive Safety Interventions (PSI), which have now been enabled on the FYLD platform for a pilot group.
The PSI model uses live data feeds to send an alert to field teams when it detects that a site may have an elevated safety risk. These alerts are sent at timely points of work, before activity starts, to enable the artificial intelligence and machine learning powered PSI to inform all site activity. This phase of the project has performed in line with forecasted targets.
The second phase of the project will see further development and deployment of the machine learning model at full organisation scale, as well as investigating use of augmented reality and body camera footage to enhance the interventions.
Shelley Copsey, CEO at FYLD, said: "Predictive safety is the new frontier for any industry in which fieldworkers operate.
"By effectively increasing proactive predictive safety interventions using real-time data, we in turn decrease the number of potential incidents, non-lost time and lost-time injuries, and ultimately fatalities. Put simply, our main goal is to make sure everyone gets home safe at the end of each working day, and predictive safety is a game changer for achieving this.
"FYLD is proud to work with SGN and National Grid to progress this transformational project. We are eager to maintain this level of innovation and success and look forward to testing and proving our PSI model at scale across the industry."
FYLD secured the funding as part of the inaugural Alpha phase of OFGEM's Strategic Innovation Fund (SIF). The SIF is delivered in partnership with Innovate UK, part of UK Research and Innovation (UKRI).
FYLD boasts features such as real-time video risk assessments that enable fieldworkers to identify hazards along with potential productivity blockers, such as inadequate safety barriers or incomplete permits. This unlocks many operational benefits, including real-time site visibility, elimination of paper-based forms and reduced requirements for site visits.
To find out more about FYLD's AI-driven platform, visit https://www.fyld.ai/
For further information please contact:
Amy Guyan, Senior Communication Advisor, Aspect: The Strategic Communication Experts
amy.guyan@weareaspect.com // +44 (0)7735 892413
About FYLD
FYLD is a leading field workforce mobility platform, enabling the safe and productive execution of operations in the heavy civils and utilities industries. Deployed throughout industry in the UK and US, as well as into South America, FYLD enables its customers to focus their attention on what matters, to safely deliver their day's operations.
Utilising transformative technologies such as natural language processing, computer vision and artificial intelligence, FYLD analyses what is taking place in the field in real time. Operational command centres understand where their high risk sites are, jobs at risk of delay and emerging quality outcomes – and are empowered with data to proactively intervene and drive more jobs to completion.
Interoperable with ERPs and CRMs such as IBM Maximo and Salesforce, FYLD replaces the typical experience of today's fieldworker of 'an app for every problem' with a single platform to optimise their day's work and communications. As an interface with supply chains, FYLD's customers gain real time governance over work contracted out, be it compliance with site safety requirements, to real time permissioning of job variations.
FYLD was created in 2019 as a collaboration between world leading venture foundry Boston Consulting Group Digital Ventures (BCGDV), Ontario Teachers' Pension Plan and incubated in the live field environment of anchor customer and shareholder SGN.