Veunex Risk Platform

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Deployed by 2 companies

Next Generation AI based Risk management Solution for Heavy Industry

Page last modified
April 11 2024

Veunex is a cutting-edge super smart software solution that leverages existing CCTV cameras and sensor inputs to provide businesses with increased agility and intelligence. By integrating software, artificial intelligence, and data science, our technology enables organizations to harness the benefits of digital technology without the complexity of digital transformation. Using video streams and sensor data, Veunex provides real-time risk assessments and generates analytics-rich dashboards.

Veunex is a specialized technology solution that focuses on Risk Management in FOUR key areas:

  • Drilling rigs
  • Fabrication yards
  • Refineries
  • Construction projects

Our expertise in these four areas, coupled with our state-of-the-art technology, enables us to provide customized solutions that are tailored to the unique needs of each client.

Our team conducted extensive research on common risk factors, accidents, and fatalities in these sectors to train our AI engines to react appropriately in several scenarios, including:

  • Red Zone Management
  • Fire and Smoke
  • PPE Regulation
  • Evacuation Management
  • Work At Height
  • Housekeeping
  • Ergonomics

Our solution currently supports over 50 predefined scenarios across seven major safety criteria, including occupational safety, workload management, inspection process evaluation, traffic safety, work at height, and night shifts. Additionally, it offers customizable tools to address an unlimited number of hazardous safety concerns.

Pros & Limitations
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Facilitating rapid decision-making in emergencies.
1
Spotting Real-time Anomalies.
1
Discovering Hidden Patterns and Trends.
1
Driving Proactive Decisions with Data.
1
Unlocking Data's Powerful Insights.
1
Harnessing the Potential of Live Data Streams.
0
Initial resistance from tech-wary users.
Specification
Specification Title Specification Description
Reduce decision time during emergency situation
Veunex offers head counting on muster points, revealing those left behind and their locations, enabling swift decision-making in critical emergency situations where every second counts.
Enlighten missed risk by historical risk assessment
Veunex gathers vast amounts of data, amassing millions of records of information, and subsequently delivers fresh insights into potential risks and enlighten your near misses!
Evaluate risk assessment implementation in real-time
Veunex streamlines your risk assessment process by automating the evaluation of action plans and actualized risks. It provides a detailed dashboard that tracks your progress in implementing a comprehensive HSE (Health, Safety, and Environment) management
Prevent accidents by real-time intervention
Venuex seamlessly integrates with notification and industrial systems, going beyond simply alerting when a life is in danger. It actively responds through industrial systems, initiating actions like machinery shutdown or triggering pre-designed emergency
Reduce your observation effort and focus on training and decision making
Veunex serves as a continuous observatory for monitoring critical risks and workplace conditions, utilizing sensors and CCTV to collect data. It generates daily, monthly, and customized reports, providing managers and HSE team members with valuable insigh

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Technology Readiness Level

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[8/9]

Development Technology demonstration Mature / Proven
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We are VEUNEX, an industrial computer vision global-born startup which stands with industry pioneers to make industrial workplaces the safest.

Our mission is to reduce risk level in various industries such as drilling rigs, mines, fabrication yards and refineries to save lives, time, money and asset through technology. The use of advanced artificial intelligence, machine vision, and big data analytics combined with industry regulation, company policies, and procedures help us to provide modern tool for enterprises management that fits their current operational requirement and empower their capabilities to run their processes efficiently, pay less effort, and because of controlled risk level with high focus on core businesses

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