Sphera Launches Dynamic Risk Pathways To Enhance Its ORM Offering

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Executive Summary

This report is one in a series on operational risk management (ORM) software vendors, and helps operations, maintenance, and engineering managers better understand developments in the operational risk software and services market. Sphera has launched a new product for the ORM market named Dynamic Risk Pathways. This complements Sphera’s comprehensive offering for operational risk management, environment, health and safety, product stewardship, and sustainability. Dynamic Risk Pathways provides a single view of major accident hazard (MAH) risks, leverages real-time data flows, and visualizes risk pathways through a bowtie model. Four categories of customers should consider working with Sphera: plant managers with an integrated risk management strategy; operations managers with plans to take their risk management to a higher level; reliability engineers engaged in de-risking front line operations; safety managers with complex EHS and risk challenges to mitigate; and operations managers looking for an intuitive risk visualization software.

Table of contents

Sphera Adds Dynamic Risk Pathways To Its Integrated Platform For ORM, EHS And 
Product Stewardship
Sphera Offers A Comprehensive Set Of Operational Risk Management Software Capabilities
Sphera Launches A Solution For Predicting Process Safety Risk Exposure
Operations Managers Planning To Level Up Their Risk Management Processes Should Work With Sphera

About the authors

Malavika Tohani

Research Director

Malavika leads the Verdantix Operational Excellence practice. Her current research agenda focuses on digital technologies for Operational Excellence including digital twins and software solutions for industrial risk and asset management. Malavika has over 15 years’ experience in research and strategy consulting. Malavika previously worked at Frost & Sullivan, managing and delivering advisory projects for clients involving expansion, acquisition, benchmarking and product development strategies. Malavika holds a MSc in Economics from Madras School of Economics.

Sebastian Winter

Industry Analyst
Sebastian is an Industry Analyst in the Verdantix Operational Excellence practice. His research agenda covers digital twins for industrial facilities, asset management software, and connected worker platforms. Sebastian also delivers market strategy, voice of the customer, thought leadership, CDD, and digital strategy advisory pieces. Prior to joining Verdantix, Sebastian worked for Trucost, a division of S&P Global, and held positions in China, Brunei and Kenya. Sebastian holds an MSc Environmental Technology from Imperial College London.

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