Workplace safety injuries in the United States alone cost $171 billion per year according to the National Safety Council (NSC). And despite companies’ investments in safety measures, the annual rate of injuries during 2015-2019 increased anywhere from 1% to 5% — except in 2017 when they remained flat.
The challenge, as many safety managers and human resources (HR) professionals realize, is that mitigation is too little, too late. What’s needed is the ability to more accurately predict where incidents may occur and prevent them from happening in the first place. For this reason, more safety and HR managers are turning to artificial intelligence (AI) technology.