10 EHS Technologies With A Rapid Financial Return

Access this research

Access all EHS Software & Services content with a strategic subscription or buy this single report

Need help or have a question about this report? Contact us for assistance


Executive Summary

The adoption of EHS technology remains a priority, as firms seek to maximize the productivity of a limited workforce while providing safe working environments during uncertain economic conditions. This report evaluates 10 EHS technologies that deliver rapid financial returns by reducing compliance costs, mitigating worker accidents and improving worker productivity. It leverages case study data to provide context and implementation considerations for successful technology adoption. The report identifies three mature technologies: EHS software, EHS mobile applications and Internet of Things (IoT) sensors; four growing technologies: digital training, fleet safety telematics, process safety management (PSM) software, and unmanned aerial vehicle (UAV) solutions; and three recently launched technologies: AI-enabled compliance, computer vision and industrial wearables. The analysis finds that firms generally experience financial returns from consolidating their EHS solutions in a single platform, leveraging data to inform business strategy and empowering front-line workers with tools to streamline their tasks. EHS executives can use this report to evaluate similar technology use cases, to determine their applicability to their organizations. 
Economic Uncertainty Will Encourage Firms To Adopt Quick-Win EHS Technology 
EHS Technology Adoption Considerations During Economic Uncertainty
Three Mature EHS Technologies Seeing Widespread Implementation
Four Growing EHS Technologies With a Strong Financial Return Track Record
Three Recently Launched Technologies Promising a High Financial Return
 
Figure 1. Summary Of 10 EHS Technologies With A Rapid Financial Return
Figure 2. Case Studies Of 10 EHS Technologies With A Rapid Financial Return
 

About the Authors

Nathan Goldstein

Nathan Goldstein

Senior Analyst

Nathan is a Senior Analyst in the Verdantix EHSQ practice out of the New York office. His current research agenda focuses on the intersection of sustainability and ESG trends …

View Profile
Rain Chiang

Rain Chiang

Industry Analyst

Rain is an Industry Analyst in the Verdantix EHSQ practice. His current research agenda focuses on the intersection between EHSQ and ESG priorities. Prior to joining Verd…

View Profile
Tom Brown

Tom Brown

Senior Analyst

Tom is a Senior Analyst in the Verdantix EHS practice. His current research agenda focuses on a range of EHS topics, including high-risk safety controls, contractor management…

View Profile
Chris Sayers

Chris Sayers

Senior Analyst

Chris is a Senior Analyst in the Verdantix EHSQ practice. His current research agenda focuses on EHSQ software, product compliance software and digital mental health and wellb…

View Profile
Bill Pennington

Bill Pennington

VP Research, EHS & Risk Management

Bill is the VP Research for the Verdantix EHS & Risk Management practices. His current agenda focuses on understanding the evolution of EHS and enterprise risk management,…

View Profile