The new issue of Spark is debuting at Sphera inspire, the premier Integrated Risk Management conference in the industry with a focus on Environmental Health & Safety, Operational Risk and Product Stewardship.

That’s no coincidence. The future of workplace safety is changing rapidly, and Sphera has always been at the forefront of that evolution. It’s what inspire is all about—learning about today’s exciting developments with a glimpse of what’s to come.

As you’ll see in the cover story of this edition of Spark, the emergence of virtual and augmented reality tools are already changing the game in workplace safety. VR training tools can immerse workers into lifelike situations where they can experience an incident as if it were actually taking place. As a result, VR can help train workers on steps to take should a real incident occur. There are also AR goggles that can help workers identify risk in the workplace.

Earlier this year, we announced that we acquired Petrotechnics, which offers on-premise and cloud-based Operational Risk software to extend SpheraCloud functionality with Permit-To-Work, Barrier Management and Activity Risk Management applications. With an integrated suite of solutions, extensive regulatory information and a connected network of sensor data, SpheraCloud software provides customers with a single, shared view of Operational Risk by extracting, aggregating and digitizing the data from sensors, systems and human activity.

Part of that process involves digital twin technology, providing a virtual view of your operations. SpheraCloud is a key component of Industry 4.0, as it uses sensors to enhance automation and data exchange in a digital twin model that offers an exact, virtual replica of a physical asset that can be monitored in real-time for risk mitigation purposes.

It can predict potential failure and propose options to optimize processes while mitigating risks.

We look forward to showing you how this technology works and how it can help improve your risk mitigation processes. We hope that you enjoy this issue as we explore the future of Integrated Risk Management.

Paul Marushka

Paul Marushka

As Sphera’s founding President and CEO, Paul Marushka is responsible for providing overall strategic leadership for the company in developing, directing and implementing go-to-market, service, product and operational plans. Marushka has grown businesses by bringing innovative solutions to market in leveraging software, analytics and technology services. Prior to joining Sphera, Paul served as President of Marsh ClearSight, a business unit of Marsh & McLennan and a leading provider of software, services and analytics for enterprise risk management, safety and compliance management and claims administration. Marushka also has held executive positions at software and data companies such as Fair Isaac Corporation (FICO) and CCC Information Services.