RZX and Cognittiv, previously known as RZX, have developed advanced technologies to enhance workplace safety and performance in high-risk operations since human error is responsible for up to 80% of workplace accidents and internal or external factors can impair cognition, affecting reasoning and problem-solving abilities, leading people to a state of reduced alertness and greater propensity for risky behavior. Fatigue, stress, and anxiety are examples of these factors, which are difficult to identify but have a strong impact on the performance of tasks.

The company provides technologies to prevent accidents and save lives as it has two different products - XPD (Extreme Performance Ready) and Cognittiv.

• XPD is developed to help drillers perform their tasks more effectively, as there were often issues during the execution phase despite extensive planning and preparation. It also benchmarks rig performance against best-in-class standards, identifying areas for improvement through monitoring crew efficiency and operational metrics, identifying lost time.
• Cognittiv is a solution based on human behavioral neuroscience and artificial intelligence that monitors daily cognitive readiness, impulsivity, motor control, and other key phenomena for optimal performance in tasks involving operational risk across various industries. It also uses a traffic light system with green, yellow, and red indicators to show workers' suitability for various tasks.

Key Objectives of RZX technology

• Operational Safety, including the people involved in the operation
• Efficiency and savings, by reducing production interruptions, as well as human and material costs associated with accidents
• Expertise through continuous support from a team with strong scientific and technological background

Process of how Cognittiv works

• Step 1: Neuro-ergonomic analysis is conducted using a validation method to evaluate activities in each area, providing guidance on possible adjustments and feeding the platform's algorithm, which learns about the tasks performed by each team.
• Step 2: The solution is calibrated for individuals and their roles, using the platform with an algorithm that learns individual patterns.
• Step 3: Routine use of the platform begins for each individual, accessing cognitive readiness, impulsivity control, and motor readiness before the start of the workday.
• Step 4: Immediate feedback is provided to each employee and to leaders.
• Step 5: Action plans are generated at the time of the test, whenever necessary.

The system is used to predict situations that may compromise attention, memory, perception, and decision-making as it continues to monitor:

• Cognitive Readiness
• Motor Readiness
• Fatigue / Exhaustion
• Anxiety / Impulsivity
• Alcohol and other drug use

Operates under a Software as a Service (SaaS) model, offering a flexible and scalable solution.

• Neuroergonomic Mapping: An initial fee is charged for the neuroergonomic mapping, which sets the parameters for the activities to be monitored.
• Monthly Subscription: The platform is available through a monthly fee, which varies according to the number of users. The package is offered in increments of 100 users, ensuring flexibility and support as per the operation’s needs.

RZX transforms the way key industrial sectors understand human factors, redefining operational safety standards, and preventing accidents to ensure safety in high-risk operations. Here are the some of the key differentiators that sets them apart from other solutions:

• Solid scientific foundation: The solution is developed by a team of neuroscientists and technology experts, ensuring a scientifically grounded approach to improve operational safety.
• Digitalized Drilling Guidance: A GPS-like system that provides drillers with step-by-step guidance, real-time alerts, and adjustable speed recommendations based on location to reduce risks.
• Continuous monitoring: Offer daily monitoring of cognitive readiness, impulsivity, motor control, and other critical indicators as this level of personalization and frequency provides insights that enable real-time adjustments.
• Predictive and preventive action, not reactive: Unlike other solutions that are reactive to risk events, Cognittiv acts predictively and preventively, identifying risk factors before they occur, allowing for immediate corrective actions. It also identifies high-stress points, and providing early alerts on risks like stuck pipe, enabling preventive action.
• Ease of use: It is an easy to implement and operate interface, providing practical access to real-time data with a daily test that takes only a few minutes, without impacting the work routine.
• Adaptability to different sectors: Cognittiv is designed to adapt to various industries and organizational cultures, offering a versatile solution for industrial sectors with critical and high-risk operations.
• Cost reduction and increased efficiency: In addition to enhancing safety, Cognittiv solution reduces production interruptions and the costs associated with accidents, both in human and material terms.

• Drilling Program Impact: XPD improved drilling planning and execution by automatically providing recommendations and alerts to prevent common oversights, such as failing to adjust drilling parameters. It also tracked progress against planned milestones, enabling timely issue identification and resolution. Additionally, XPD highlighted gaps in the drilling program, such as time-tracking deficiencies, leading to better operational oversight and performance improvements.
• Drilling Process Optimization: Monitors key drilling metrics like trip and connection times, offering real-time alerts to prevent incidents such as stuck pipe and lost circulation, while providing a 15-minute advance warnings to allow field workers to take preventive actions.
• Cognitive Abilities Monitoring: Tracks workers’ attention, memory, and reaction time, with alerts if abilities fall below safe levels.
• Automated Logistics Check-In: Streamlines check-in/out for drivers and logistics staff.
• High-Risk Employee Verification: Sets cognitive thresholds for critical roles, assessing skills like attention, impulse control, and memory through evaluation of employees’ cognitive performance over five days to identify high-risk individuals.
• Business Intelligence Analysis: Analyzes cognitive and performance data to spot trends and reduce incidents.