Back to Press Releases >

PAS Launches New Process Safety Analytics Software for Insight into Industrial Operational Risk

PAS IPL Assurance Improves Situation Awareness of Independent Protection Layers for Safer, More Compliant Industrial Operations

October 26, 2016

HOUSTON, TEXAS — PAS Inc., the leading solution provider of process safety, cybersecurity, and asset reliability for the energy, power, and process industries announces the general availability of its newest product, PAS IPL Assurance™. The software provides real-time predictive analytics on the health and availability of the safety instrumented systems (SIS), Alarm Management Systems, and other Independent Protection Layers (IPL). In addition to managing operational risk, IPL Assurance reduces compliance costs by automatically reporting on the SIS performance during a demand on the safety system.
 
“Industrial companies often lack adequate insight into the integrity and availability of their IPLs because relevant information is stored in multiple systems or manually gathered using spreadsheets and in-house tools,” said Peter Reynolds, Senior Consultant at ARC Advisory Group. “Unstructured approaches to managing the IPLs are inefficient, costly, and introduce unwanted operational risk. Risk management best practices prescribe a more automated approach to IPL analysis, reporting, testing, and validation. PAS’ latest product is designed to directly address this need.” 
 
PAS IPL Assurance delivers actionable information on safety instrumented systems, alarm systems, control loops, and operational boundaries to streamline compliance activities and expose operational risk. As a result, plant personnel can mitigate abnormal situations before they impact plant safety, reliability, and profitability.
 
IPL Assurance provides the following analytics, alert, and visualization features:
 

  • Safety instrumented function (SIF) performance management,
  • Testing and maintenance management,
  • Demand on safety system rate tracking,
  • Status of safety related alarms,
  • Safety system bypass management, and
  • Safety and operational risk dashboard.

“IPL Assurance provides up-to-date IPL lifecycle management so that operations can immediately ascertain the overall risk profile of any facility,” said Mark Carrigan, Senior Vice President of Global Operations at PAS. “This visibility from an automated single source of truth is essential to preventing critical safety incidents and supporting IEC and OSHA compliance requirements.”


About PAS
PAS is a leading provider of software solutions for process safety, cybersecurity, and asset reliability to the energy, process, and power industries worldwide. PAS solutions include cyber asset management and operations management. PAS solutions are installed in more than 1,100 industrial facilities in 70 countries; including 5 of the top 15 largest power companies, 13 of the top 15 largest chemical companies, and 10 of the top 15 largest refining companies. For more information, visit www.pas.com. Connect with PAS on Twitter @PASGlobal or LinkedIn.
 
 
Press Contact:
Teri Ainslie
PAS, Inc.
(281) 212-2611
tainslie@pas.com