RiskPoynt Expands Its Powerful Barrier Management App Into Operational Risk
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Executive Summary
As part of their operational excellence initiatives, firms in high-risk, asset-heavy industries such as oil and gas, chemicals, mining, power utilities and port operators have identified the need to control risks at the level of physical operational assets. Operational risk management (ORM) software is emerging as an essential part of their digital toolkit to reduce risk whilst also increasing production. Barrier risk management, a core capability within the ORM software market provides an in-depth insight into asset integrity and asset health for risk assessment and management. RiskPoynt is one of the few vendors globally, offering a powerful barrier risk management software application that provides a real-time view of operational risks and also offers mitigation measures to minimize cumulative risks. Barrier risk management has an important place in the emerging reference architecture for operational risk management software.RiskPoynt’s Dynamic Barrier Management Model Enables Proactive Operational Risk Management
RiskPoynt’s Product Roadmap Envisages Expansion Into Additional Operational Risk Requirements
About the Author
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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