DevonWay Emerges As A Contender In The Operational Risk Software Market

Published 30 July 2018 by David Metcalfe &
Operational Excellence Operational Risk Management Software Process Safety Management Market Insight

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Executive Summary

This report forms one in a series covering software providers in the emerging market for operational risk management software. DevonWay, headquartered in San Francisco, was founded in 2005 with a focus on improving operational efficiency and risk management for nuclear facilities. The vendor has developed a configurable platform which provides digital workflows and mobile apps to support work management, quality control, risk and safety management initiatives. Few vendors with a core proposition focused on operational efficiency are targeting the operational risk management opportunity which puts DevonWay in a unique position. The vendor’s ability to digitize complex — and sometimes highly unique — operational processes and support contractor management with usage-based pricing means customers have a platform to improve risk controls through JHA, PHA, permit to work, safety observations and flexible risk analytics.

Table of contents

DevonWay Offers Core Capabilities For Operational Excellence Initiatives
DevonWay Provides A Flexible Platform For Safe And Efficient Operations
DevonWay Functionality Aligns With The New Operational Risk Management Agenda 

Organisations mentioned

Apple, Entergy, Exelon, Framatome, GE Healthcare, IBM, Los Alamos National Laboratory, Microsoft, Rolls-Royce, US Department of Energy

About the author

David Metcalfe

CEO

David co-founded Verdantix in 2008 and leads the firm’s research and advisory work on the digitization of Operational Excellence which covers software, systems integration, wearables and drones. Prior to founding Verdantix, David was a Senior Vice President at Forrester Research and Head of Analysis and Forecasting for BT. He holds a PhD from Cambridge University in Game Theory and Decision Analysis and worked as a Research Associate at the Harvard Business School.

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