EHS Software is transforming from merely replacing paper records to instigating real cultural change in workplace safety. With nearly 3 million deaths annually due to work-related accidents or diseases, the need for improved safety processes is critical. Industrial and manufacturing plants face significant hazards from chemicals, explosives, and heavy machinery. To address these issues, companies are increasingly turning to Environmental Health and Safety (EHS) software as a vital tool to reduce safety incidents. ABI Research predicts that the EHS software market will grow at a CAGR of 6.7% over the next decade, reaching revenues of US$2.2 billion by 2034. Safety is a crucial component of companies Environmental, Social, and Governance (ESG) reporting, and board-level requirements necessitate improvements in safety metrics. EHS software helps companies gather data, analyze it, and track progress with visualization tools. The chemical industry was among the first to recognize the importance of enhancing safety processes, but the oil & gas and mining industries are also investing heavily in EHS software. Safety professionals are no longer the sole users of EHS software, as innovations like mobile device image capture and risk annotation empower more staff members to improve safety at their facilities. Companies such as Alcumus, ComplianceQuest, Cority, Dakota Software, Enablon, Ideagen, Intelex, IsoMetrix, SafetyCulture, Secova, TenForce, and VelocityEHS are enabling their customers to digitize safety procedures and enhance related safety protocols. ABI Research s findings are part of their Industrial & Manufacturing Markets research service, which includes research, data, and analyst insights. The company s Application Analysis reports provide in-depth analysis of key market trends and factors for specific technologies. ABI Research is a global technology intelligence firm that connects technology solution providers and end-market companies, offering exclusive research and expert guidance to drive successful technology implementations and attract and retain customers. For more information about ABI Research s services, contact them at +1.516.624.2500 in the Americas,
Source: prnewswire.comPublished on 2024-09-11
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