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What is ProSafe-RS Lite?

ProSafe-RS Lite complies with the international safety standard appropriate for applications rated up to SIL2. The ProSafe series provides a range of options including SIL2 (ProSafe-RS Lite), SIL3 (ProSafe-RS), and SIL4 (ProSafe-SLS), offering adaptability in implementing safety solutions. Continuous enhancements to the ProSafe series aim to further bolster the safety of operational plants. The safety integrity level (SIL) concept, introduced by the International Electrotechnical Commission (IEC), evaluates the effectiveness of safety functions and is categorized into four tiers from SIL1 to SIL4, as specified in IEC 61508. In contrast to environments without safety measures, SIL2 significantly reduces risk, bringing it down to between 1 in 100 and 1 in 1,000. At a SIL3 level, this risk diminishes even more, falling between 1 in 1,000 and 1 in 10,000, while SIL4 achieves an exceptional risk factor of between 1 in 10,000 and 1 in 100,000. ProSafe-RS Lite leverages the established reliability of ProSafe-RS technology, and its seamless integration with CENTUM VP/ProSafe-RS allows for a unified strategy in both safety management and process oversight. This collaboration not only improves operational productivity but also strengthens the dedication to upholding rigorous safety standards within industrial environments. By prioritizing safety and efficiency, organizations can create a more secure and productive workplace for their employees.

What is Formula Stocks?

An essential aspect of successful investing is obtaining exceptional returns while minimizing the corresponding risk. Benjamin Graham, a foundational figure in the investment world, introduced the margin of safety concept, which underpins our technological approach. While it is impossible to completely eliminate risk, we concentrate on pinpointing outstanding companies that are trading below their actual value, thus lessening the risks typically linked to stock trading. Additionally, we employ a quantitative investing method that involves holding a diversified portfolio of approximately 40 stocks, each exhibiting certain desirable traits. These traits are derived from an extensive analysis of over 200 quantitative and qualitative metrics evaluated for each stock. This comprehensive assessment culminates in an AI-score that varies from -100 to 100, indicating the stock's attractiveness for investment. Joe is committed to guiding you toward achieving enhanced investment returns, relishing in the process of backing a remarkable enterprise that not only shows significant growth potential but also boasts an exceptional business model, all while being purchased at a price well below its actual value. By utilizing this thoughtful strategy, investors can effectively balance growth opportunities with prudent risk management in the ever-evolving investment environment. Ultimately, this approach fosters a more secure and prosperous investment journey.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$49 per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Yokogawa

Company Location

Japan

Company Website

www.yokogawa.com/us/solutions/products-and-services/control/control-and-safety-system/safety-instrumented-systems-sis/process-safety-system-prosafe-rs-lite/

Company Facts

Organization Name

Formula Stocks

Company Location

Denmark

Company Website

formulastocks.com

Categories and Features

Categories and Features

Investment Management

Accounting Management
Benchmarking
Bonds / Stocks
Client Management
Commodities
Compliance Reporting
Data Import / Export
For Investment Advisors
For Investors & Traders
Fund Management
Modeling & Simulation
Payroll & Commissions
Performance Metrics
Portfolio Management
Risk Management

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