SafetyTech
Technology solutions created to improve safety, protect humans and enhance health
SafetyTech is the collective term for technology, products and services that are enhancing health and safety management whilst reducing workplace harm. It’s a growing concept with an estimated global revenue of USD $863Bn per annum by 2023.
Mike O’Brien, FutureSafe Aotearoa Program Director
“Technology can disrupt and provide a “step change” in health, safety and wellbeing outcomes. We can use technology to systematically remove blockages between innovation and market access. We should utilise technology to proactively develop New Zealands innovation capability and open up channels to market, both locallyand globally.”
Proof is in the pudding
Lloyd’s Register Foundation forecasts a combined global industry potential for this emerging market of USD $863bn within three years. Their report shines a light on how the application of digital solutions on safety challenges leads to societal and business impact, in the process creating a new SafetyTech market. They have tested this concept with accelerator programmes and proven the opportunity clearly exists.
https://www.lrfoundation.org.uk/sites/default/files/2024-08/lrf_safetytech_report.pdf
The National Safety Council of America note a significant turn to and interest in safety technology in their Work to Zero 2020 report. Technology options have grown exponentially in today’s Industry 4.0 market where advances in connecting people through internet of things platforms makes it possible to measure and analyse real-time behaviour with much more precision than could be done 10 years ago.
https://www.nsc.org/faforms/work-to-zero-safety-technology-2020
Let’s rewrite the rules of health, safety and wellbeing
Let’s use this opportunity
Technology presents a transformative opportunity to revolutionise health, safety, and wellbeing outcomes, creating a step change that can redefine standards across industries. By harnessing the power of technology, we can systematically eliminate barriers that hinder innovation and market access, unlocking untapped potential. This is our chance to proactively strengthen New Zealand's innovation ecosystem, equipping it to thrive in a competitive global landscape. By leveraging technology strategically, we can open new pathways to market both locally and internationally, positioning New Zealand as a leader in innovation and driving meaningful, sustainable progress.
A compounding cycle of growth
SafetyTech solutions offer a transformative opportunity to establish a billion-dollar export industry while significantly advancing harm reduction efforts in New Zealand. By strategically investing in innovation through incubator programs and fostering access to seed funding, we can accelerate the development, testing, and launch of cutting-edge products.
These solutions, designed to reduce workplace harm, have the potential to not only benefit New Zealanders but also resonate on the global stage as we export them to international markets. The revenue generated from these exports can then be reinvested back into our innovation ecosystem, creating a compounding cycle of growth.
This feedback loop not only fuels faster product innovation and deployment but also strengthens New Zealand's economy, all while achieving safer workplaces at an unprecedented pace. It's a win-win strategy for both economic prosperity and wellbeing.
Homegrown SafetyTech Solutions
HeyPenny
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HeyPenny has developed a humanistic approach that uncovers how work is impacting wellbeing and workplace mental health. In doing this, they’re able to uncover the state of wellbeing within each organisation and enable leaders to better support and care for employees. They uplift leader competence in psychosocial risk and communication, facilitate regular person-to-person conversations and nurture relationships grounded in trust. HeyPenny develops organisations full of good people.
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www.heypenny.co.nz
kevin@heypenny.co.nz
Inviol
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Inviol is a company revolutionising workplace safety. They’re a fast-growing company that can see a real opportunity to keep people safer at work. They’re at the forefront of AI development and have the tools to make a real bump in the health and safety tech space. Their fully configurable systems are ready to go, so just let them know what you need and get started.
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hi@inviol.com
Safe365
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Safe365 is a digital health and safety system in the cloud that enables businesses to assess, manage and improve their health and safety performance.
Focused on improving workplace safety by moving health and safety practice beyond the basics of company compliance, what makes Safe365 unique is the way our tools translate complex or technical elements of business into easy to interpret dashboards that ensure everyone can make good, risk-based decisions to improve their business.
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SkillsVR
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At SkillsVR, we make XR training easy to create, seamless to deliver, and powerful enough to inspire real-world success. Whether you’re building custom content, scaling learning across thousands of learners, or tracking measurable results, we help you unlock the potential of your VR training program.
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Totika
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Pre-qualification and assessment of health and safety is an important part of the procurement process. Before Tōtika, there was no common standard for pre-qualification, resulting in many proprietary and internal pre-qualification schemes, creating inefficiency in the supply chain because suppliers had to repeatedly pre-qualify against different schemes and standards. This repeated and duplicated effort wastes time and money for both clients and contractors. There is a strong desire within the industry alike for a common pre-qualification standard and streamlined pre-qualification process; Tōtika has been developed to deliver these outcomes.
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https://www.totika.org/
Do you have a SafetyTech product? Have some questions? Or want to be involved?
Get in touch today.