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Industrial Operations Risk Management Software Market Begins

Date: 26 May 2016

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6 pages

Executive Summary

Firms in the oil and gas, power utility, chemicals and mining industries have focused on improving their safety record and compliance with local regulations for decades. In more recent years, larger corporations have designed and implemented approaches to improve industrial operations risk management. This report provides safety, operations and IT leaders with an introduction to Verdantix coverage of software and systems for industrial operations risk management (IORM). IORM software is an aggregation of functionality from diverse existing software systems including integrated safe system of work (ISSOW), enterprise asset management (EAM), environment, health and safety (EH&S) and Governance, Risk and Compliance (GRC). Given the concept of IORM is in its infancy, it will take big investments from many different software and services providers for the concept to take off and achieve critical mass.


Industrial Operations Risk Management Software Market Begins
Proactive Risk Management Moves To Centre Stage For EH&S And Operations Leaders
Industrial Operations Risk Management Software Is An Aggregation Of Functionality From Diverse Existing Software Systems
To Win Customer Mindshare IORM Will Need The Supply Side To Make Big Investments


ABB, Accenture, BP, CMO Software, ControlCase, Covalent, DNV GL, DuPont, Enablon, Engica, eVision, Exxon Mobil, Gazprom, IBM, IHS, Intelex, JD Edwards, Marathon Oil, Meridium, MetricStream, Modulo, Nasdaq, Oracle, Petrotechnics, Qatargas, RSA, Rsam, Sage Technology, SAI Global, Salym Petroleum, SAP, Shell, VelocityEHS