Risk Analysis
Get started with our industry-leading risk management tool
AI-PRA is a cutting-edge risk analysis framework and visualization dashboard allowing all stakeholders in your organization to have a real-time understanding of asset and network risk.
Market comparison of PRA capabilities
There are many organizations that offer some level of risk analysis capability. Most of these offerings are either qualitative risk management tools (such as the 5×5 risk matrix), or some form of risk accounting tool. These solutions do not help organizations to understand their systems in a deep, technical manner, and furthermore do not help organizations actually manage and mitigate risks. ATS’ unique risk management capability can create digital twins of even the most complex systems and perform a comprehensive risk analysis that provides decision support to operators.
Explore Dynamic Map Visuals & Key Performance Indicators
ATS’ AI-PRA Risk Management Capability
Launch ATS’ AI-PRA risk management capability below to explore an example of our cutting edge risk analysis framework implemented on an electric transmission network in England. This capability offers analysis for all levels of management, from executives to asset managers. In addition, AI-PRA’s Strategic Management View provides actionable recommendations for maximum return on asset capital investments. Explore the tool for yourself and contact us to see how ATS’ AI-PRA capability can improve your organization’s risk and asset management capabilities.
Tools We Use
AI-PRA Versus Other Risk
Management Tools
| CAPABILITY | AI-PRA | COPPERLEAF | @RISK | SAPHIRE |
|---|---|---|---|---|
Compute top-level system P(F)? |  | |  | |
Compute all system fault modes and their P(F)? | | | | |
| Compute risk importance scores for all assets? | | | | |
| Enables predictive asset management? | | | | |
| Compute monetized risk distributions? | | | | |
| Fully quantitative model using Bayesian networks? | | | | |
| Leverages advanced statistical analysis? | | | | |
| Leverages the latest artificial intelligence technologies? | | | | |
| Provides actionable decision recommendations to optimally mitigate risk with most efficient investments? | | | | |
| Enables optimization and economic analyses to determine ideal management decisions? | | | | |
| Avoids use of qualitative 5x5 risk matrix? | | | | |
| Build functional block diagram? | | | | |
| Build fault tree? | | | | |
Our Mission
We Take Pride in Our Company
Culture of Building Strong Partnerships
Aerospace Technical Services is dedicated to enhancing mission success across industries by providing cutting-edge data analysis, asset management, and risk management solutions, grounded in integrity, innovation, and customer satisfaction.
