London – August 24, 2021. Independent research firm Verdantix has released its annual global survey of 302 EHS decision-makers with direct responsibility for corporate-wide EHS management strategies and initiatives. The interviewees – EHS directors, senior managers, and managers from firms with revenues of at least $250 million – predict an increase in spend across all EHS services. High priorities for 2021 are EHS performance management (46% of respondents), sustainability management (23%), and EHS training (21%).
London, August 10, 2021. Three vendors – Enablon, Sphera, and VelocityEHS – lead the market for process safety management (PSM) software reflecting the highly competitive market environment. Using its proprietary Green Quadrant methodology, independent research firm Verdantix assessed the capabilities of 13 PSM software providers on their ability to meet customer demands to consolidate functionality and technology integrations into comprehensive solutions.
London, June 14, 2021. The safety management software market will reach $1.7 billion in 2026 according to a new study from independent research firm Verdantix. The forecasted compound annual growth rate of 12.1% will be driven by software vendors increasingly targeting a wider portion of the potential market by catering to small and medium-sized enterprises as well as growing stakeholder expectations and the impact of environmental, social and governance (ESG) factors raising safety management standards beyond simply meeting compliance. Vendors positioned to benefit from this growth include safety management software firms such as Alcumus, Benchmark ESG, Cority, Dakota Software, Ideagen, Intelex, IsoMetrix, KPA, SAI Global, and Wesustain.
London – March 23, 2021. The EHS software market will reach $2.5 billion in 2026 according to a new study from independent research firm Verdantix. The forecasted compound annual growth rate of 11.5% will be driven by the increasing digitization of EHS processes and the expansion of EHS software capabilities to include environmental, social and governance (ESG), sustainability risk management, and operational risk management (ORM), via acquisitions and private equity investment. Vendors positioned to benefit from this growth include EHS software firms such as Benchmark Digital, CGE Risk, ComplianceQuest, Enablon, Ideagen, IsoMetrix, Quentic, and Sphera.
London, January 26, 2021. Thirteen vendors – Alcumus, Benchmark Digital, Cority, EcoOnline, Enablon, Intelex, IsoMetrix, ProcessMAP, Quentic, SAI Global, Sphera, UL, and VelocityEHS – lead the market for environment, health and safety (EHS) software reflecting the highly competitive market environment. Using its proprietary Green Quadrant methodology, independent research firm Verdantix assessed the capabilities of 22 EHS software providers on their ability to meet customer demands to manage risks and improve business performance across EHS impact areas.
London – December 21, 2020.The digital EHS services market will reach $3.2 billion in 2025 according to a new study from independent research firm Verdantix. The forecasted compound annual growth rate of 6% will be driven by the consistent enhancement of EHS software as well as the accelerated adoption of new EHS technologies as the EHS function continues to digitize in response to COVID-19 challenges. Vendors positioned to benefit from this growth include EHS service firms such as AECOM, Arcadis, DuPont Sustainable Solutions (DSS), Jacobs, and WSP and EHS consulting or specialist firms such as Accenture, Capgemini, Deloitte, ERM, GHD Group, and Tetra Tech.
London, October 27, 2020. Five vendors – AECOM, Arcadis, ERM, Golder and Jacobs – lead the market for Digital EHS Services. Using its proprietary Green Quadrant methodology, independent research firm Verdantix compared 9 digital EHS service providers on 82 criteria and assessed their level of success across 19 unique service lines covering both digitally-enabled EHS services and technology implementation services. In addition to the five leaders, the study includes DSS, Langan, Ramboll and Trinity Consultants who all met the criteria for digital enablement. The analysis is informed by interviews with 301 decision makers in environment, health, and safety roles.
EHS Service firms are increasingly adopting digital technology to enhance their service lines and support firms in technology implementation.
Securing funding for technology-enabled EHS improvement initiatives never gets easier. EHS and Operations leaders must use a strategic approach to align the EHS initiative with organisational objectives.
Over the last two decades, the product landscape for EHS information management has shifted dramatically from compliance management systems, such as for incident logs and permits management, to workflow-based connected platforms for enterprise EHS management. While EHS software plays a significant role in this digitization, our research has also identified more than 20 different EHS technologies in the R&D, launch or growth phases of development.
This webinar provides insight into the role digital technology can play in supporting worker mental health and wellbeing.
With 72% of EHS decision-makers predicting they will use EHS mobile apps at all or multiple facilities during this year, EHS mobile apps are the second most commonly used EHS solution. Offering a diverse array of functionality, the popularity of this technology is clear.