Operational risk management (ORM) software is becoming an essential digital tool to reduce risk and increase production in high-risk, asset-heavy organizations. However, the inability to access IT budgets and an insufficient operational budget are big barriers for investing in ORM technologies. Heads of operations, engineering and safety who are seeking funding for ORM software must build a strong business case in order to secure the required investment for ORM software projects.
Based on a detailed quantitative model, this Verdantix report provides a template for operations managers to build the business case to digitize ORM processes.
This report gives you insights on:
- Calculating the costs and benefits associated with ORM software
- The four strategic goals that must be addressed by a business case for ORM software
- How to promote the benefits of ORM inside your organization
Green Quadrant Operational Risk Management Software 2019
This report provides a detailed comparison of the 17 most prominent ORM software vendors. It is based on the proprietary Verdantix Green Quadrant methodology, including interviews with software users from high-risk industries and a survey of 211 operations decision-makers.Verdantix
The State of the Operational Risk Management Software Market
Watch our webinar featuring David Metcalfe, Verdantix CEO & Co-Founder, and learn more about the findings from the Green Quadrant Operational Risk Management Software 2019 report. The research provides insights into the strategies driving the ORM software market, compares the 17 most prominent ORM software vendors, and is supported by interviews with software users from high-risk industries and a survey of 211 operations decision-makers.Verdantix & Enablon