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How To Position EH&S Apps In The GRC Software Market

Date: 21 June 2016

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9 pages

Executive Summary

This report provides executives leading risk management software firms and investors in the sector with an analysis of how Environment, Health & Safety (EH&S) applications fit into the Governance, Risk and Compliance (GRC) space. GRC vendors offer niche solutions, applications for a primary business function or customizable platforms with multiple pre-built applications. The analysis finds that EH&S applications provide compliance and risk management functionality targeted at the EH&S function but do not address risk issues in other functions such as IT, finance and procurement. EH&S software vendors have an opportunity to build a significant value proposition around the concept of Industrial Operations Risk Management but much work needs to be done to make this a real market segment in the eyes of customers.

TABLE OF CONTENTS

How To Position EH&S Apps In The GRC Software Market
GRC Software Is A Group Of Applications With Functionality For Disparate Types Of Risk
Vendors Offer Niche Apps, Function Specific, Industry-Focused And Customizable Platforms
EH&S Applications Form A Category Of Business Function-Specific Risk Management Software
Software Vendors Need A Product Roadmap For Industrial Operations Risk Management

TABLE OF FIGURES

Figure 1. EH&S Apps Fit Into Business Function Specific GRC Segments

ORGANIZATIONS MENTIONED

3E Company, Achilles, ACL, Actio, Airsweb, Assent Compliance, BASF, Chainpoint, Clearview Continuity, CMO, Datos IO, Deloitte, DNV GL, Enablon, Engica, eVision, Genstar Capital, Gensuite, Hanwha, Huco Consulting, IHS, Intelex, Logic Manager, Medgate, MetricStream, Modulo, NasdaqBWise, protiviti, Quantum Compliance, Repsol, Rivo, RSA, Rsam, SafeTec, SAI Global, SAP, S-Chem, Source Intelligence, thinkstep, Trinity Consulting, VelocityEHS, Verisk, Vision Solutions, Wisconsin Energy, Wolters Kluwer, Yancoal