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 Case Study 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 

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 on digital strategies to C-level executives at technology providers, partners at private equity firms and function heads at large corporations. His current focus is on helping clients understand their market opportunity tied to ESG investment trends and their impact on corporate sustainability strategies. 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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