Terrestrial Energy will leverage CABEM's web-based Competency Management application to track the competency and development of Terrestrial Energy employees.
AUBURNDALE, Mass., Aug. 4, 2022 /PRNewswire-PRWeb/ -- Terrestrial Energy is developing clean, cost-competitive, and resilient energy technology that will change how the world produces energy. Terrestrial Energy is an industry-leading technology company committed to delivering reliable, emission-free, and cost-competitive nuclear energy with a truly innovative advanced reactor design, the Integral Molten Salt Reactor (IMSR®).
As required by regulatory auditors, Terrestrial Energy must ensure they have captured all the qualifications and skills of their employees to ensure compliance. CABEM's competency manager is a configurable platform that will allow Terrestrial Energy to model their organizational hierarchy to assign prioritize, track, audit, and report these qualifications and skills by role, team, or organization.
"CABEM is a custom development company that saw a need in the market for a competency management solution that is built with the flexibility to configure according to the needs of each organization that will use it. Terrestrial Energy is a perfect fit for our solution", says Jay Fredkin, CEO of CABEM.
A Competency Management program in an organization establishes understanding and clear communication of the skills and qualifications that are needed to succeed in a particular role. Competency management implementation ensures employees stay productive, master vital job-related skills, have a clear understanding of what is expected of them, and adhere to regulatory standards. A strong culture of competency management adds to the value of any company because it works seamlessly to develop leaders and improve performance at all levels of an organization.
"We were looking for a proven SaaS solution while still offering the flexibility we need to manage our unique requirements in the regulated nuclear environment. This was extremely important for us as we work to scale and grow our company." Patrick Chin, Director of IT - Terrestrial Energy.
About Terrestrial Energy
Terrestrial Energy is developing for near-term commercial operation, a zero-emissions cogeneration plant for global industry using its proprietary Integral Molten Salt Reactor (IMSR®) fission technology in an innovative, small and modular plant design. The IMSR® is a non-Light Water Reactor of the Generation IV class that operates at the high temperature required for broad industrial relevance with transformative economic potential. The IMSR® plant is capable of grid-based electric power generation and industrial cogeneration in many energy-intensive industries, including petrochemical and chemical synthesis for hydrogen and ammonia production. The IMSR® plant offers a near 50 percent improvement in the efficiency of electric power generation compared to Light Water Reactor nuclear plants. Its industrial cogeneration capability delivers to today's markets industrial competitiveness, security of energy, and zero-emissions industrial production. The IMSR® plant's use of existing industrial materials, components, and fuels support its near-term deployment, setting the stage for rapid global decarbonization of the primary energy system.
CABEM offers accelerated custom solutions for enterprise learning and competency challenges. We offer a rich library of regulatory compliance, competency, and credentialing software components ready to configure for your business. We blend years of domain experience with your business requirements to provide a solution that fits your needs like a glove.
Jay Fredkin, CABEM Technologies, (617) 244-6609, [email protected]
SOURCE CABEM Technologies