Achieving Holistic Contractor Safety Management With Digital Innovation

Published 6 September 2019 by David Metcalfe &
Contractor Risk Management Operational Excellence Market Insight

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Executive Summary

Improving contractor safety management has been moving up the corporate agenda for several years as hiring clients increasingly outsource hazardous work but regulators continue to hold them responsible for risk management. This trend is particularly strong in the energy sector which is the focus for PEC Safety and Veriforce which merged in 2019 following their acquisition by private equity firm Thoma Bravo. The combination of these two businesses links up capabilities to improve contractor safety through pre-qualification of contractor organizations as well as by assessing the qualifications of individual workers to perform hazardous tasks. Veriforce has the potential to close additional loopholes in contractor safety management by unifying the capabilities of the two software products and investing in new functionality for site security, permit to work and   new leading indicators for contractor safety measurement.

Table of contents

Merger Of Veriforce And PEC Safety Combines Individual And Organizational Contractor Safety
Veriforce Complements A Core Contractor Safety Platform With Unique Capabilities
Connecting Up Digital Innovations Will Create A Holistic Contractor Safety Proposition

Table of figures

Figure 1. Significance Of Contractor Management Software For Operational Excellence

About the author

David Metcalfe

CEO

David is the CEO of Verdantix and co-founded the firm in 2008. Based on his 20 years of experience in technology strategy and research roles he provides guidance to C-level executives at technology providers, partners at private equity firms and function heads at large corporations. During his 12 years running Verdantix – including 4 leading the New York office – he has helped dozens of clients grow their businesses through fund raising, acquisitions and international growth. David was previously SVP Research at Forrester and Head of Analysis & Forecasting at BT. He holds a PhD from Cambridge University and also worked as a Research Associate at the Harvard Business School.

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