Market Share of EHS Software Industry
The Environmental Health and Safety Software Market is fragmented. With many prominent, technologically advanced players in the industry, such as VelocityEHS, Enablon, Cority, and Sphera, the rivalry is intense, especially among the market incumbents. Market penetration is growing, with a strong presence of major players in established markets. With an increasing focus on innovation, the demand for new technologies, such as AI, is growing, which, in turn, is driving investments for further developments.
In January 2023, EcoOnline, a Europe-based provider of environment, health, and safety (EHS) software as a service (SaaS), acquired the software division of Alcumus, a prominent provider of risk management products with headquarters in the United Kingdom. This deal involves the acquisition of the Alcumus software division. The software segment of Alcumus provides organizations with tools to manage and audit EHS risk in various industries, including manufacturing, construction, and retail.
In May 2022, AMCS, a global supplier of integrated software and vehicle technology for the environmental, utility, waste, recycling, and resource industries, signed an agreement for the acquisition of Quentic, a German-headquartered EHS and sustainability software provider.
In May 2022, DNV collaborated strategically with IOGP to establish decarbonization standards, expediting the upstream oil and gas transition. Furthermore, the International Association of Oil and Gas Producers (IOGP) chose DNV to support the decarbonization ambitions of IOGP members, who produce 40% of the world's oil and gas.
In March 2022, Digital Intelligence Systems, LLC, a global technology firm, announced a partnership with ComplianceQuest, a provider of cloud-native, AI-powered, Enterprise Clinical, Quality Health, Safety, and Environmental Management solutions, to offer transformative Environmental Health and Safety (EHS) solutions for customers in the oil and gas industry.
Environmental Health & Safety Software Market Leaders
Enablon (Wolters Kluwer N.V.)
Intelex Technologies, ULC
VelocityEHS Holdings Inc.
Cority Software Inc.
Sphera Solutions, Inc.
*Disclaimer: Major Players sorted in no particular order
