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Operational Risk Management provides an integrated solution that fits your needs

Improve safety and operate sustainably while cutting costs with our industry-leading ORM solutions.

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Over 2,000 customers across all industries have relied on our expertise and solutions for more than 30 years.

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Gain deep insight, work collaboratively and drive operational excellence

Operate safely 

Standardize policy into operational practice to ensure tasks are performed right every time, every day.

Operate efficiently 

Improve the collective management of operational risk and activity by connecting operations, maintenance, EHS and planning to real-life workflows.

Operate sustainably  

Move from reactive measures to predictive and proactive ones to ensure safe, productive, reliable operations while meeting sustainability targets. 

47

less asset downtime

15

growth in frontline efficiency

50

fewer incidents and injuries

25

drop in compliance-related costs

Our awards

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Operational Excellence Innovation Awards

Oil & Gas

2020

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Best Process – Plant Optimization

Control of Work

2020

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Green Quadrant

Leader: Process Safety Management Software

2021

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Green Quadrant

Leader: Process Safety Management Software

2023

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Product of the Year

Safety Category

2019

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Best Digital Twin Technology

Finalist: ORM Digital Twin

2019

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Process Safety Report 2023

Learn about key trends and recent developments in process safety and operational risk management.

 

Improve PSM through digital tools

Expert advice and insights that can help your company drive operational excellence.

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Fill out the form and we will get back to you to discuss your operational risk management needs.

Resources

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Transform your MRO data for a seamless S/4HANA journey

Navigating the complexities of maintenance, repair and operations (MRO) data is akin to solving a giant puzzle.
August 23, 2024

2024 Gartner® Market Guide for Sustainable Procurement Applications

Sphera Supply Chain Sustainability (SupplyShift) was named a Representative Vendor in the 2024 Gartner® Market Guide for Sustainable…
August 13, 2024

Level up your risk management 

Transform individual risk assessments into a collaborative, scalable approach that meets your evolving needs.
August 5, 2024

FAQs

Sphera’s industry-leading ORM solution drives operational excellence. Organizations improve safety, mitigate risk, reduce costs and build resilience.

What is ORM?

ORM stands for Operational Risk Management. ORM is a comprehensive framework used by organizations to help identify, asses, mitigate and monitor risks that could impede operations and affect future revenue or reputation.

What is the concept of Operational Risk Management?

Operational Risk Management, often called ORM, is a process to assess risk. Sphera plays a pivotal role in ORM by providing technology-driven solutions designed to help organizations manage and mitigate operational risks effectively.

What is the difference between ORM and ERM?

ORM (Operational Risk Management) and ERM (Enterprise Risk Management) are similar practices, but ORM is broader. It focuses on mitigating overall risk and implementing risk controls, while ERM focuses more on creating new revenue streams and the affects on future revenue or reputation.