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Revamping Risk Mitigation: The HEICO Companies Reduces Incidents with AI-Powered PSI Analysis

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The Challenge: Minimize Risk with A Unified, Strengthened Global Safety Culture

HEICO has a diverse portfolio of over 70 companies across four operating groups in 19 countries. The company needed to minimize risks and potentially serious incidents (PSIs) across all work sites, and ensure that the unique requirements for each region, business and industry were consistently met. By surfacing insights that could prompt timely action and better inform decision-making, the EHS team knew they could demonstrate to their executive leadership the actual value of incorporating the PSI AI Advisor into their corporate safety program. The EHS team needed the power to quickly and accurately identify potentially serious incidents (PSIs). To do that, they needed the ability to:

  • Automate safety processes
  • Uncover hidden risks
  • Get actionable insights in real-time
  • Prompt action and inform decision-making by delivering insights and best practices

Download The HEICO Companies case study to see how it transformed its risk management approach with AI-powered analysis, cutting hazard response time by 50% and gaining proactive insights to prevent incidents before they happen.

The Value of PSI AI Advisor

Automated Safety Process, Risk Recognition, and Actionable Insights

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What I’ve found remarkable about this was how easy it was to implement. We went from not having a pSIF or PSI program to having one in place in very short order utilizing this tool because it makes a lot of the decisions for you [...] and now there’s a real buy-in from our leadership getting to the important cases. PSI AI Advisor gets you there quickly and is a time-saver when it comes to not having to do a lot of extra analysis.

Dave Roberts

Vice President EHS, The HEICO Companies

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