Petrotechnics, the leading provider of enterprise operations excellence management software solutions, is proud to announce it was recognized by CIO Review as a 2015 “Most Promising Enterprise Risk Management Solution Provider” for its Proscient solution. Petrotechnics’ recognition is based on the evaluation of its proven Integrated Operational Risk Management solution.
Petrotechnics was selected by an independent panel of experts and members of CIO Review’s editorial board. “Petrotechnics has been on our radar for some time for stirring a revolution in the Enterprise Risk Management space,” said Harvi Sachar, Publisher and Founder, CIO Review. “We are happy to showcase them this year due to their continued excellence delivering top-notch, enterprise-wide operational risk management solutions that transform the way companies in hazardous industries understand, manage and mitigate risk.”
Proscient allows organizations in hazardous industries to better understand the cumulative operational risk they are carrying at any given time - which can be used to improve operational decision making at all levels of the organization. With a better understanding of the level and nature of risk being carried, risk mitigation can become an integral way of achieving efficient and effective operations. The benefits to the industry can range from an early warning system for potential major accident hazard (MAH) incidents - allowing organizations to make proactive interventions, better prioritize maintenance, and make more informed decisions around risk and activity at the frontline operations level.
“Petrotechnics is honored to be recognized by CIO Review’s panel of experts and thought leaders,” said Mike Neill, Petrotechnics President - North America. “This recognition affirms Petrotechnics’ vision to deliver world-class, game-changing solutions to help customers to reduce risk, improve operational performance and keep people safe. Proscient provides hazardous industries the ability to better understand risk and its impact on the operational reality of the plant. As a result they can make better decisions to safely improve operational effectiveness and efficiency of how they operate and maintain the plant to improve asset productivity,” added Neill.
