Jaron Chan

Near-Miss Management (NMM) is transforming the way industrial operations detect and manage their process risks. Our flagship product, Dynamic Risk Analyzer (DRA), is a first-of-its-kind early risk detection and advanced warning platform for the process industries. Machine-learning powered analytics rip through the complete volume of process data to identify developing risks at their initiation stage – enabling operating teams to take proactive actions, days/weeks in advance, before they become major problems. DRA has been proven at industrial plants, globally, to prevent unexpected shutdowns and failures, saving them millions ($) in repairs, startup costs, and lost opportunities. Powered by our thought leadership and expertise in risk management and large-scale machine learning, DRA's unique approach has not only earned several patents but also a reputation as a disruptive technology that provides ‘peripheral vision’ to the operating teams. Ultimately, by empowering operating teams to act timely and proactively, DRA technology increases the process uptime and utilization, while boosting the overall reliability, efficiency, and safety of operations.