Top 10 EHS Consulting/Services Companies - 2019
Organizations are under increasing pressure to improve their sustainability performance, minimize risks and create new values for environmental and safety concerns. To overcome these challenges and help clients in advancing their environmental, health and safety performance, EHS service providers are digitizing their approaches in project delivery by implementing new technologies and services. They have come to realize that a successful digital solution is characterized not just by its ability to draw data from a variety of external and internal resources but also by being able to blend the data into an analytics engine and narrow it down to actionable insights.
Service providers are combining technologies such as sensors, drones, augmented reality, virtual reality and other approaches with traditional data streams to improve the automation of data acquisition. Along with subject matter experts, analytics specialists are helping clients in translating their data assets into actions that can improve outcomes. Organizations are trying to create a safer, sustainable and productive environment by advancing operational excellence by delivering integrated risk management software and information services focused on EHS and operational risks.
Smart buyers are in need of EHS consultants with advanced digital capability that keep up with their own technological agendas. By providing state-of-the-art environmental, health, safety and sustainability services, consultants are enabling companies to assess and manage their risks, protect their employees, preserve the environment, be socially and globally responsible and achieve sustainable value for the organization.
As the size of organizations increase with more employees, there will be a lot of investment in technologies to enable them to capture and analyze large volumes of high frequency data from a wider range of sources to individual processes and equipment. This collection of information will provide companies with a detailed, real-time picture that will help them in making better decisions and respond to issues and inefficiencies immediately. The EHS department in organizations will also adopt integrated software solutions that extract data from financial, production, ERP and other systems and accumulate it in a centralized platform.
With the onset of new threats like industrial cyber security on business continuity and to better understand their extent, EHS and operational risk management are increasingly seen as key elements in board-level enterprise risk management initiatives. As corporate digitalization efforts unfold, EHS software vendors are embedding technologies such as predictive analytics, augmented reality, artificial intelligence, machine learning algorithms, IoT platforms, intelligent wearables and offering cost effective solutions with quick payback.
The current EHS space is steered by investments in technological advancements and service providers working with co-innovation partners to bring their products to the market at a faster pace. Focusing on the requirements of organizations related to EHS services, a distinguished panel comprising of CEOs, CIOs, VCs and analysts along with CIOReview’s competent editorial team has put together a list of the prominent service providers in the industry. This edition will give you an outlook on the services and capabilities that they have to offer.
We present to you, CIOReview’s “10 Most Promising EHS Consulting/Services Companies 2019.”