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Economic Benefits

 

Direct Economic Benefits

    substantial improvement (estimated 20%) in carrying out  job  training, safety analyses (risk assessment and accident investigation), and operational safety management. The saving will be allowed by the systematic and recurrent use of the four specific tools.
  • capability to simulate potential hazardous situations in a more realistic, versatile and economic way  than traditional simulators, more expensive because they require the physical reproduction of the critical parts of a plant and a new building for each different scenario.
  • opportunity of employing the VIRTHUALIS technology to simulate and assess people reaction during emergency situations. This would extend VIRTHUALIS benefits to emergency centers, police forces, civil protection operators to better their mutual interaction and with the public.

Indirect Economic Benefits

  • involvement in developing a technology that will change safety engineering practices. In terms of competitiveness this represents a significant benefit because it allows both participants and stakeholders to move to the cutting edge in safety engineering globally.
  • capability of operating hazardous plants at the highest social responsibility standards. This will be achieved by the application of safer and more efficient production rules that respect the social responsibility of protecting people in nearby communities and the environment. 

  • opportunity of gaining important insight on how to design equipment and machinery that are ergonomic and user-friendly. It should be noted that user-friendliness is actually synonymous to safety as an easy to use technology creates a positive attitude in users limiting their potential to make errors.
  • enhancement of professional skills of workers, trainers and managers: VR training is much more elaborating than static paper-based simulations, therefore professionals can receive better vocational training which further increases their competences, and consequently also the efficiency of the process industry.