TenForce Gets On The Front Foot With Innovations For Operational Risk Management

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Executive Summary

TenForce was founded in 2001 as a vendor of workflow software products for action tracking focused on project management use cases. TenForce subsequently capitalized on its deep expertise in project portfolio management software to develop software applications for safe and efficient operations such as process safety, permit to work, management of change and shift management and native mobile apps for field operations. The firm’s success is reflected in a customer base which includes Chevron Phillips Chemical, De Lijn, Kuraray, Lanxess, Monument Chemical, Praxair, Solvay and Total. The TenForce product strategy focuses on integrating its software with innovative edge technologies such as digital sensors and wearables along with enhancing the value derived through artificial intelligence (AI), machine learning and big data analytics. This fits with an overall vision to develop a comprehensive platform for safe operations.

Table of contents

TenForce Gets On The Front Foot With Innovations For Operational Risk Management
The TenForce Portfolio Helps Its Customers To Effectively Tackle Process Safety And Operational Risks
Tenforce’s Product Roadmap Focuses On Building The Next Generation Safe Operations Platform

Organisations mentioned

AECOM, Altran, Arlanxeo, Autodesk, BASF, Big Data Europe, BP, Chevron Phillips Chemical, Dassault Systèmes, De Lijn, Deloitte, DuPont, Eandis, ecom instruments, European Commission, FrieslandCampina, GIM, Health and Safety Executive, Honeywell, Indaver, Inovyn, Kuraray EVAL, Lanxess, Microsoft, Monument Chemical, NATO, Nippon Shokubai, PoWalCo, Praxair, Proximus, PTC, Ramboll, Saudi Aramco, Solvay, Tereos, Total, Unilin, Vynova Group

About the author

Malavika Tohani

Principal Analyst

Malavika is a Principal Analyst in the Verdantix Operational Excellence practice. Her current research agenda focuses on covering operational risk technologies, best practices and growth strategies. Her recent research focussed on benchmarking the capabilities of the prominent operational risk software vendors. She has over 10 years’ experience in research and strategy consulting. Malavika previously worked at Frost & Sullivan, managing and delivering advisory projects for clients involving expansion, acquisition, benchmarking and product development strategies. Malavika holds a MSc in Economics from Madras School of Economics.

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