Lloyd's Register Enhances Risk And Asset Management Expertise With Digital Innovations

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Executive Summary

This report forms one in a series covering technology and service providers in the operational risk management market, which is entering a new phase of growth and innovation. With a core business as a maritime classification society going as far back as 1760, Lloyd’s Register now focuses on improving safety and increasing the performance of critical infrastructure through certification and accreditation work, technical assurance, software and expert advisory services. For two decades Lloyd’s Register has offered a portfolio of IT products for risk assessment and asset reliability improvement. More recently, Lloyd’s Register has invested in digital technologies such as wearables for vital signs monitoring in workers, sensors for monitoring pipeline integrity and advanced text analytics to identify the most frequently occurring safety hazards. The firm has aggressive plans to embed digital innovations in its technical services propositions reflecting the need to engage a younger workforce and leverage industry 4.0 market growth opportunities.
Lloyd’s Register Invests In New Capabilities To Support High Hazard Industries
Lloyd’s Register’s Technology Portfolio Enhances Asset Reliability And Operational Risk Management   
Lloyd’s Register Has An Ambitious Digital Strategy To Enhance Asset Performance And Risk Management

About the Authors

Malavika Tohani

Malavika Tohani

Research Director

Malavika is a Research Director at Verdantix, guiding research that explores how digital technologies and services are reshaping industrial operations to become safer, more ef...

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David Metcalfe

David Metcalfe

CEO and Co-Founder

David is the CEO and co-founder of Verdantix, where he leads the firm’s strategic direction and client engagement. Since co-founding the firm in 2008, David has built a ...

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