London – October 1, 2018. Independent research firm Verdantix has published a ground-breaking forecast for operational risk management software. Based on a survey of 221 managers at industrial assets and an analysis of 88 vendors’ revenues, the model predicts that the market will grow from $1.3bn in 2018 to $3.1bn in 2028 and $14.6bn in 2038. Compound annual growth will be a healthy 13%.
London–August 15, 2018. A survey conducted by independent research firm Verdantix has found that 40% of 221 operations managers at industrial firms believe digital technology is essential for operational risk management. The survey covers the 2019 budget plans, priorities and technology preferences of risk managers across chemicals, oil and gas, mining, manufacturing, construction and transport.