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Executive Summary

Much like the EHS software market, process safety management (PSM) software vendors continue to be acquired and consolidated into private equity-backed operational and ESG risk management firms. This session will explore the evolution, current state and future of the PSM software market, addressing pain points of the modern process safety practitioner, the benefits of interoperable solutions and the real-world challenges faced by vendors looking to expand beyond HIRA, operational controls, mechanical integrity and incident management.

Based on the 2023 Verdantix Green Quadrant benchmark of the 15 most prominent PSM software vendors, this webinar reviews vendor capabilities and their market momentum. As the most up-to-date PSM software product benchmark available in the market, this is a webinar for anyone charged with leading a software selection assignment for improving process safety performance.

Our webinar aims to guide corporate buyers through the vendor landscape, discussing the benefits of using a PSM solution and the capabilities and differentiators of software providers in this market.

  • Learn about the key functionalities of PSM software
  • Discover the different offerings available on the market
  • Find a PSM solution that meets your functionality requirements

Organisations mentioned

About the authors

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, environmental services and EHS digitization strategy. Prior to joining Verdantix, Tom achieved a Master’s in Chemical Engineering from the University of Nottingham.

Joe Lamming

Industry Analyst
Joe is an Industry Analyst in the Verdantix Operational Excellence practice. His current research agenda covers industrial DataOps, AI/ML analytics and applications of generative AI for industry and enterprise. Prior to joining Verdantix, Joe worked in the consumer electronics industry, where he gained experience in overseas manufacturing, product design and data science. Joe holds an MEng in Mechanical Engineering and Sustainable Energy Systems from the University of Southampton.

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