Market Overview: The EHS Software Partnership Ecosystem

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Executive Summary

Forming partnerships is a common strategy amongst EHS software vendors, allowing them to enhance their offerings without having to invest heavily in research and development, or rely on sales and marketing teams to make acquisitions. EHS software partnerships deliver advantages such as expansion of market reach, the ability to utilize edge technology, and the provision of new regulatory and training content, to maintain workplace safety. Not only do these elements benefit software vendors, they are also advantageous for their partnering firms and customers, with the latter able to leverage greater expertise and functionality to help them navigate their EHS processes. This report focuses on the EHS software partnership market, highlighting examples of current partnerships, explaining the benefits these will bring to customers, and forecasting their potential development. 

Table of contents

Partnerships provide new avenues for EHS software vendors to secure market success
Consultancies support software vendors throughout the product life cycle
Content providers keep customers well-versed in EHS regulations and training requirements
Technology vendors can help improve existing EHS software functionality
Partnerships bring benefits to all sides of the relationship
The partnership market will continue to expand over the next 24 months

Table of figures

Figure 1. EHS software partnerships in 2023
Figure 2. The EHS software partnership ecosystem

About the authors

Zain Idris

Zain is an Analyst in the Verdantix EHS practice. His current research agenda focuses on total worker health and software vendor partnerships. Prior to this role, Zain completed an internship at Verdantix recording major mergers and acquisitions within each practice. Zain holds a BSc in Economics from the University of Warwick.

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, evaluating emerging strategic risks and benchmarking technology buyers’ budgets, priorities and preferences globally.

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