Paris/Chicago, January 6, 2016 – Enablon, the world’s leading provider of Sustainability, EH&S and Operational Risk Management Software, announced it has been positioned by Gartner, Inc. as a Visionary in its “Magic Quadrant for Operational Risk Management” (ORM) report* based on its completeness of vision and ability to execute.
According to this report, “the critical capabilities of ORM solutions center on providing business leaders with a more effective means of assessing risk and control effectiveness, identifying operational risk events, managing remediation efforts, and quantifying the associated operational risk exposure across the enterprise.”
The report also points out the benefits of operational risk management solutions: “By providing a better understanding of these risks to business objectives, ORM enables better business performance and capital allocation. ORM solutions also help companies address the increasing pressure from regulators to improve the risk reporting in annual reports, and to improve the board of directors’ role in enterprisewide ORM oversight. ORM solutions usually include functions for risk analytics, as well as risk indicators to support decision making.”
“Risk management is not just about preventing adverse events and incidents. Risk also creates opportunities for improvement”, commented Phil Tesler, CEO of Enablon North America. “At Enablon, our goal is to help companies mitigate risks in a way that builds organizational and operational resilience, thus helping them succeed in an increasingly competitive environment. We’re very happy to see one of the leading information technology analyst firms recognize Enablon as a visionary in operational risk management,” he added.
The Enablon Enterprise Cloud, Integrated Platform: a Holistic Solution to Drive Operational Performance
During the past few years, business practices have evolved towards connected and enterprise-wide approaches to operational risk, EH&S and sustainability initiatives. As a result, Enablon’s integrated platform has been ideally positioned to respond to customers’ expectations and meet their advanced requirements.
Enablon’s platform is built on a single technology stack, which delivers significant business and technical benefits versus the typical platforms built through acquisitions: this integrated approach enables a secure and scalable platform with a consistent user interface, recognized as best-in-class in the industry.
Covering nine key operational domains for organizations – from safe operations to enterprise control – the Enablon platform offers the widest and deepest product offering available on the market today for end-to-end operational risk management.
*Gartner, Magic Quadrant for Operational Risk Management Solutions, John A. Wheeler, Jie Zhang, 14 December 2015