Operational Risk Management

Make better-informed decisions to help reduce costs and risk and improve productivity overall

Operational Risk Management Pages
MAKE BETTER-INFORMED DECISIONS TO HELP REDUCE COSTS AND RISK AND IMPROVE PRODUCTIVITY OVERALL

Arm your people with the right information, at the right time, to make better, more effective operational decisions

Sphera’s Operational Risk Management (ORM) is the first enterprise Operational Excellence software solution that delivers the practical benefits of digitalization, Industry 4.0, and the IIoT. Companies with digital vision use ORM to build the foundation for their journey to digital operations. That’s because it provides the first integrated view of the operational reality with a radically different, far more effective way to visualize and manage activity and risk. It connects people and helps close-the-loop between operations, maintenance, engineering, HSE, and other functions– delivering meaningful, actionable insights across the organization.

Indeed, by looking at three simple screens, everyone from the boardroom to the frontline can see what’s happening, where it’s happening, when it’s happening, and what’s driving the risk – in real-time. Now everyone can consistently make better-informed decisions to help reduce costs and risk and improve productivity overall.

 

The Operational Risk Management Advantage

Sphera’s ORM enables your journey to digital operations. It underpins your Industry 4.0/digital transformation strategy and delivers a single, shared view of the operational reality by extracting, translating and aggregating data from sensors, systems and human-derived activities. Arm everyone with the right information, at the right time, so they can make more-informed, effective operational decisions.

  • Part of a tightly integrated digital software based on a single code base, not a series of loosely coupled together modules
  • A future-proofed solution of tightly integrated applications and solutions based on a common set of domain and technology services

The Sphera Operational Risk Management Solution

Powerful Capabilities

  • Close-the-gaps between activity planning, maintenance management, operations, and the reality of how work is executed
  • Connect the status of safety-critical equipment and processes to their impact on operational and process safety risk exposure
  • Deliver a real-time, 360° view of the operational reality to optimize the schedule against risk

Built-in Flexibility

  • A digital platform your organization can build its digital future on
  • Powerful GUI based tooling saves you money and puts you in charge
  • Easily license capabilities to help you scale and build a richer, deeper picture of your operational reality
  • Deploy in the cloud and/or on premise

Digital Done Right

  • Provides your people with tangible and practical tools to do things safer, more efficiently, and more effectively
  • Close cross-functional gaps to reduce risk, improve productivity, and lower costs
  • Transform complex data into meaningful information – ensuring everyone has the right information, at the right time, to make the right decisions

The Journey to Digital Operations Starts Here

Control of Work

Control of Work combines information from permits, risk assessments, isolations, hazards, maintenance shifts, and SIMOPS to provide a real-time view of the operational reality and the ability to mitigate any anticipated operational risks through the work permissions process.

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Integrated Operations Management (IOM) w/Smart PTW

Integrated Operations Management (IOM) with Smart PTW intelligently unlocks a simple, elegant way of connecting activity planning, maintenance management, operations, and the reality of how work gets executed. Manage activity with control in real-time, not in permit duration. Manage permitted activity + all activity occurring on the plant. Close-the-gaps between the activity plan, the schedule and work execution.

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Activity Risk Management

Activity Risk Management allows you to visualize and manage the cumulative risk for all activities associated with permitted and operations activity against a dynamic process safety barrier model. Holistically balance risk against production at all levels of the operation by connecting the state of process safety barriers to the impact of the activity to be performed.

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Operations Logbook & Shift Handover

Operations Logbook & Shift Handover allows teams to better plan, manage, and execute work activities scheduled to take place on the plant, at any given time by bringing together all operational activities and their associated risks with all other activities and risks occurring on the plant. And with its integrated planning capabilities, the solution provides a clear look-ahead for the next few shift periods. This provides a shared, common view which allows teams to better plan, manage, and execute work activities scheduled to take place on the plant, at any given time.

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MAH Barrier Management

Major Accident Hazard (MAH) Barrier Management relates the collective performance of your process safety system to the real, cumulative risk impact on operations at any given point in time. Map all performance deviations and hazardous activities against a dynamic process safety barrier model. Understand current process safety barrier health as well as the cumulative impact of risk in each area of your asset in real-time.

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Dynamic Process Safety Management

Dynamic Process Safety Management automatically brings all human and sensor-derived inputs together in a joined-up way to see their cumulative risk impact on the operational reality of your plant. See the health status of process safety-critical equipment and the impact of performance deviations and abnormal conditions.

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Emergency Preparedness & Response

Emergency Preparedness & Response helps ensure your teams have access to response plan information as events unfold – allowing them to quickly assess the situation and respond appropriately.

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THE RESULT?

Sphera’s Operational Risk Management delivers a single, shared view of the operational reality by extracting, translating, and aggregating data from sensors, systems, and human-derived activities. Arm everyone with the right information at the right time, so they can make more-informed, effective operational decisions and act upon them. Are you ready to get started?

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