EtQ Delivers On Vision For Integrated EHSQ Management Systems

Executive Summary

This report is one in a series covering prominent software vendors in the EHS software market. Founded in 1992, EtQ offers software for compliance and risk management across environment, health, safety and quality. The vendor has grown significantly to exceed a customer base of 450, totalling 1 million active users. On August 2017, the financial investor Technology Crossover Ventures (TCV) acquired EtQ through its $2.5 billion TCV IX fund. The EtQ solutions (Reliance, Verse and Traqpath) are designed to enable firms of all sizes to benefit from having a standardized, centralized management system. The combination of a highly configurable EHSQ platform with a single code base and growth capital investment dollars will enable EtQ to accelerate product development, sales and marketing. Verdantix analysis finds that firms seeking to strengthen cross-functional visibility and streamline EHSQ processes will benefit the most from EtQ’s offerings.