Verdantix: Petrotechnics Enables A Strategic Approach To Operational Risk Management

This report forms one in a series covering the operational risk management market, which is entering a phase of innovation and rapid growth. Petrotechnics was founded in 1989 and is one of the leading vendors in the operational risk management (ORM) market. Petrotechnics’s Proscient platform is an integrated solution that delivers a view of operational risk in real time to provide managers and frontline workers with a comprehensive understanding of their risk management. With a strong focus on control of work and process safety to achieve operational excellence, Proscient supports safety and operations leaders to better mitigate risk. As mentioned by operations managers, integration of ORM software with existing product and maintenance systems for real-time analysis and operational excellence programs is a significant factor influencing ORM software in the future. This makes Petrotechnics’s software a key contender in operational risk management.

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