GoArc is an Industry 4.0 real time safety intelligence platform helping companies in high-risk industries prevent accidents, reduce risks, and cut down operational costs. Founded in 2015 by behavioral, safety, industry, and technology experts, GoArc is headquartered in Israel, with offices in the USA, Canada, Germany, France, Israel, and Singapore.
The Liberty Mutual Workplace Safety Index in 2021 estimates that businesses spend over $1B a week on serious, nonfatal workplace injuries. GoArc’s cloud-based software-as-a-service (SaaS) platform is changing the way companies protect their workers and critical assets in real time. By using artificial intelligence (AI) to track and connect a company’s data, GoArc evaluates real-time risks, can recommend personalized safety actions, and reduces operational inefficiencies.
The GoArc platform has so far been implemented in 80 global sites, has over 30,000 active users, and is offered in more than 15 languages. The company estimates that each site using their platform has a 70% reduction of work and process accidents and an operational cost reduction of over $2M per site.
The ultimate mission of the company is to assist in building the world’s first Industry 5.0 autonomous factory by using its expertise in industrial safety and industrial data to connect humans, machines, and systems.
The details here are based on information received from, and verified solely by, the company.