Space age marketing12/28/2023 Because the thrusters could not be tested on the ground, precursor analysis was used to determine leading indicators and surrounding events preceding thruster usage - allowing the space agency to resolve the problems before future missions.ĭeloitte and NASA's offerings will also include dynamically improving risk-management techniques, such as artificial intelligence tools applied to remote decision-support systems. NASA used these techniques when it was having problems with the space shuttle's altitude-control thrusters, which could limit the ability to control the position of the shuttle while in orbit. Such services apply sophisticated risk-modeling and simulation tools and techniques like Bayesian networks and agent-based modeling to reduce uncertainties in engineering and operations at oil and gas companies – in much the same way NASA has done with its space program.ĭeloitte and NASA also expect that oil and gas companies will find Deloitte's risk-sensing services valuable in emerging risk identification - a set of complex tools and techniques, like precursor analysis and event-occurrence trending, to highlight changes in risk likelihood. Ultimately, proactively identifying and mitigating low-probability yet high-impact events can save lives, resources, money, reputation and environmental disruption.Īs part of the alliance, Deloitte and NASA will jointly offer a range of services in the quickly evolving risk-sciences arena, such as risk modeling and simulation, to help oil and gas companies eliminate blind spots in their decision making. The strategic alliance with NASA will integrate the space agency’s 50-plus years of experience preventing and recovering from catastrophic accidents in human space flight into Deloitte’s advanced-risk strategies – applying state-of-science capabilities to oil and gas companies. Activities like deep-water drilling, undersea production and pipeline operations all face the same kind of "black swan" events that pose a threat to space exploration.
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