Verdantix Names DevonWay a Unique Contender in the New Operational Risk Management Category

SAN FRANCISCO, Oct. 31, 2018 /PRNewswire/ — Verdantix, an independent research and consulting firm specializing in operational risk, health, safety and quality, has named DevonWay as a contender in the growing Operational Risk Software market.

As part of a series of reports covering providers in the emerging category, Verdantix has highlighted DevonWay for its ability to digitize complex operational processes and support contractor management with usage-based pricing.

The report highlights DevonWay’s experience with NoSQL databases for operational risk management as a competitive advantage for the business.

ORM software is emerging as a new category of technology investment as a range of digital innovations converge with a new approach to safe operations, as mentioned in Verdantix’s The Future Direction of Operational Risk Management Software report.

David Metcalfe, CEO of Verdantix, said: “Our research found that the most common driver of investment in ORM software is an operational excellence program. DevonWay really demonstrated how they can deliver on projects focused on that and operational risk – especially for high-reliability industries. The work they are doing with…

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