The Benefits of Safety Analytics

A goal of any safety program is straightforward: to ensure that every worker (or guest/customer, for that matter) goes home in the same condition they arrived—safe, healthy, and unharmed.  But beyond protecting individuals, effective safety practices deliver a range of benefits to the business as well.

At First Analytics, we’ve long recognized how data and analytics can support that dual mission—promoting personal well-being while also strengthening operational and financial outcomes.  In launching our new venture, Sentient Safety, we’ve expanded our commitment to applying advanced analytics to improve safety.

The benefits of safety analytics are broad.  Here are some of the ways organizations can gain from a data- and analytics- driven approach to safety:

• Improve key safety metrics, including OSHA or FRA reportable injury rates, DART (Days Away, Restricted, or Transferred), lost time incidents (LTIs), and near misses.

• Enhance productivity.  Fewer incidents often lead to fewer disruptions, lost time, helping to improve manufacturing OEE, and other operational metrics.

• Limit equipment damage.  Preventing accidents can also preserve the tools, machines, and infrastructure that keep operations running.

• Reduce legal and financial risk.  Analytics can help lower litigation and settlement costs, medical treatment expenses, and insurance premiums.

• Support safety coaching.  With clearer insight into risk patterns, managers can deliver more targeted and effective feedback.

• Strengthen workplace relationships.  A visible commitment to safety can improve labor-management trust and collaboration.

• Help meet performance goals.  Safety analytics supports managers and supervisors in achieving their safety metric objectives.

• Evaluate and improve programs.  Safety/EHS professionals can use analytics to assess program effectiveness and refine policies, training, and initiatives.

• Contribute to sustainability.  Safer workplaces are a key component of many corporate sustainability strategies.

We believe safety analytics is not just a tool for examining past incidents—it is a forward-looking capability that supports proactive decision-making.  That perspective guided the creation of the venture Sentient Safety, and you can read more about the launch in our recent post, Introducing Sentient Safety: A New Venture from First Analytics.