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Our platform leverages advanced analytics to provide predictive insights and optimized resource allocation, delivered with a customizable UI that enables enhanced decision making.
About
Aerospace Technical Services provides data analysis, asset management, and risk analysis consulting and customized software to enable our clients to make better decisions. We have a proven track record of helping electric and gas utilities and aerospace industry partners mitigate millions of dollars of risk costs through the decision support that we provide to operators of complex engineered systems. Our Artificial Intelligence-based Probabilistic Risk Analysis (AI-PRA) tool is available here: https://aerospacetechnical.com/pra-tool/.
Key Benefits
ATS' Artificial Intelligence-based Probabilistic Risk Analysis (AI-PRA) platform delivers industry-leading decision support and risk management through:
- Precise failure probabilities and risk distributions for all critical assets, whether transformers and breakers in utilities, aircraft components in aerospace, or mechanical systems in hospitals and data centers.
- Prioritized asset rankings based on system-wide importance, enabling targeted maintenance and upgrades across complex networks such as substations, production lines, medical facilities, or logistics infrastructure.
- Forward-looking root cause prediction that empowers operators to prevent costly failures before they happen, rather than reacting after the damage is done.
- Monetized risk insights that directly link each asset to its financial risk exposure, supporting cost-benefit analysis in capital planning and operational decisions.
- Optimized recommendations for capital expenditures and O&M investments, ensuring the greatest reduction in risk per dollar spent.
- Clear, evidence-based decision policies for managing asset lifecycles and system reliability across sectors, including power grids, fleet operations, and more.
- Robust justification for critical management actions, enabling confident communication with executives, regulators, insurers, and the public.
- Seamless AI integration into existing workflows, allowing teams to harness advanced analytics without overhauling current systems.
- Infinitely customizable architecture, tailored to meet the unique needs of each organization, whether adjusting data inputs, defining system hierarchies, or aligning with internal KPIs and compliance requirements.
Applications
AI-PRA is revolutionizing industries by enabling more efficient and effective management of assets through the integration of advanced technologies. By leveraging machine learning and artificial intelligence models, this innovation facilitates predictive asset management, which can anticipate and mitigate potential risks before they escalate into significant problems. AI systems analyze vast datasets to compute risk importance scores and monetized risk distributions, providing actionable insights that guide optimal investment and maintenance decisions. This approach not only enhances decision-making accuracy but also ensures the efficient allocation of resources, resulting in improved asset longevity and performance. Moreover, AI-powered platforms create digital twins of complex systems to facilitate comprehensive risk analyses, further empowering organizations to implement strategic changes that maximize asset returns and mitigate operational risks.
At ATS, we have a proven track record applying these methods in sectors like electric and gas utilities, aerospace, and healthcare where we deliver measurable improvements in risk reduction, asset performance, and operational efficiency. We are now actively expanding our reach to new industries where complex systems and critical assets demand more intelligent, forward-looking risk management. Whether in manufacturing, transportation, logistics, or commercial real estate, we bring a fresh analytical perspective designed to modernize decision-making and unlock untapped value.