Provides Virtual Simulation of Facility and Process Performance for Greater Safety and Productivity.
CHICAGO, IL (Dec. 9, 2019) – Sphera, the largest global provider of Integrated Risk Management (IRM) software and information services, is proud to announce that its Operational Risk Management Digital Twin software has won a coveted Silver Award for Product of the Year in the Industrial Internet of Things (IIoT) & Process Control category from Oil & Gas Engineering.
“Our Digital Twin software is a game-changer for Operational Risk Management,” said Paul Marushka, Sphera’s president and CEO. “This award is a testament to the hard work our solutions experts have put in to create an Integrated Risk Management 4.0 solution that will help companies keep their people safe, their products sustainable and their operations productive. The fact that Oil & Gas Engineering readers voted for the Digital Twin software is truly gratifying. They see how important this technology is for accelerating their path toward true Operational Excellence.”
Digital Twin is considered by many to be the next big thing in Operational Risk Management and Operational Excellence for its potential to virtually simulate the performance of facilities and hazardous processes. The digital replica of the asset brings all systems, sensors and human-derived inputs together to see their cumulative impact. The tool helps organizations improve decision-making with a clear understanding of operational and process safety risks in terms of what’s happening, when it’s happening and what’s driving the risk in real time.
“We’re very pleased and happy to recognize by means of our Oil & Gas Engineering magazine’s Product of the Year program, Sphera’s contribution to increasing innovation and application of Digital Twin technologies in the Oil & Gas industries. The technology allows companies to have a simulated view of their operations risks in real time. We look forward to continuing coverage of their success,” said Kevin Parker, editor, Plant Engineering magazine.
The reader-choice program is designed to showcase the top new products in their respective fields. Finalists were announced Aug. 1, 2019, and voting ran through Oct. 11. Winners were announced on Dec. 5, 2019. This is the third installment of the awards program.
Sphera is the largest global provider of Integrated Risk Management software and information services with a focus on Environmental Health & Safety (EHS), Operational Risk Management and Product Stewardship. For more than 30 years, Sphera has advanced Operational Excellence by serving more than 3,000 customers and over 1 million individual users across 70-plus countries to create a safer, more sustainable and productive world.