TenForce Gets On The Front Foot With Innovations For Operational Risk Management

Executive Summary

TenForce was founded in 2001 as a vendor of workflow software products for action tracking focused on project management use cases. TenForce subsequently capitalized on its deep expertise in project portfolio management software to develop software applications for safe and efficient operations such as process safety, permit to work, management of change and shift management and native mobile apps for field operations. The firm’s success is reflected in a customer base which includes Chevron Phillips Chemical, De Lijn, Kuraray, Lanxess, Monument Chemical, Praxair, Solvay and Total. The TenForce product strategy focuses on integrating its software with innovative edge technologies such as digital sensors and wearables along with enhancing the value derived through artificial intelligence (AI), machine learning and big data analytics. This fits with an overall vision to develop a comprehensive platform for safe operations.