Environment, health and safety (EHS): Top 5 Key Services

Environment, health and safety (EHS) is a discipline and specialty that studies and implements practical aspects of environmental protection and safety at work. In simple terms it is what organizations must do to make sure that their activities do not cause harm to anyone. From a health & safety standpoint, it involves creating organized efforts and procedures for identifying workplace hazards and reducing accidents and exposure to harmful situations and substances. It also includes training of personnel in accident prevention, accident response, emergency preparedness, and use of protective clothing and equipment.

Objectives of the Study:

The main objective of the report is to define, describe, and forecast the EHS market size on the basis of components (solutions and services), services, verticals, and regions. The report provides detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the EHS market. It attempts to forecast the market size of the 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America.

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The EHS industry includes various vendors providing EHS services, such as analytics services; project deployment and implementation services; audit, assessment, and regulatory services; business consulting and advisory services; certification services; and training services. Major vendors, such as SAP (Germany), Enablon (US), EtQ (US), Intelex (Canada), Gensuite (US), Enviance (US), Cority (Canada), Verisk 3E (US), VelocityEHS (US), Optial (UK), Sphera Solutions (US), and SiteHawk (US) have adopted various growth strategies, including partnerships, agreements, and collaborations, to enhance their presence in the EHS market.

The major factors driving the growth of the EHS market are stringent guidelines and regulations by government and federal bodies, and rising awareness about EHS among employees and organizations. Furthermore, the increasing number of accidents, especially in mining, energy, construction, and chemical industries, and growing investments by end- users are some of the other factors supporting the overall growth of the EHS market.

In January 2018, Sphera launched a new cloud-based platform, named SpheraCloud. This platform was designed to help businesses improve their decision-making skills and performance with an integrated view of their risk and compliance portfolio.

In October 2016, Intelex introduced Asset and Compliance Tracking System (ACTS) for manufacturing companies. This solution helps manufacturers govern their environmental risks and compliance, as well as, operations and emissions management, including Greenhouse Gas (GHG), Hazardous Air Pollutants (HAPs), and criteria pollutants.

In June 2016, Intelex acquired Ecocion, a leading SaaS provider of Environmental Management Information Systems (EMIS), which helps businesses govern their environmental risks and compliances, regulatory requirements, and Greenhouse Gas (GHG) emissions. Cority partnered with ERM, a global EHS and sustainability solution provider, to enhance Environmental Health Safety and Quality (EHSQ) expertise and expand a set of the available global consulting services.

In September 2017, SiteHawk partnered with Enablon, a leading provider of sustainability, EHS, and operational risk management. This partnership enabled Enablon and SiteHawk to help drive their customers’ operational excellence and deliver sustainable performance.