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MetricStream Places Verdantix in Leaders Quadrant of 'Green Quadrant EH&S Software'Report

June 17, 2014

MetricStream reported that it has been positioned by independent analyst firm Verdantix in the "Leaders" quadrant of the "Green Quadrant EH&S Software" report, published in April 2014.

In its release, the Company said that the report, which analyzed Environment, Health, and Safety (EH&S) software suppliers, recognizes the company for building out its GRC strengths to support EH&S functions.

MetricStream said that it achieved a top score in audit management and data security.

MetricStream also scored high on capabilities in operational risk management (including top scores for incident management emergency response, CAPA, and Management of Change).

"MetricStream brings a wide range of enterprise risk frameworks to its EH&S proposition which are missing from the EH&S-dedicated apps," said Jordan Nadian, analyst at Verdantix. "Given that the bulk of MetricStream's business is in GRC, it should come as no surprise that the supplier offers the leading solution for audit management, with a top score of 2.6 out of 3.0. The system scores 2.2 out of 3.0 for operational risk, covering all the key aspects including CA/PA, emergency response, risk identification, management and reporting - all of which score 3.0 out of 3.0 - as well as incident management and MOC."

The Green Quadrant report states, "According to our global survey, over half of EH&S leaders (55 percent) anticipate an increase in spending on EH&S information management over the next year, with almost a quarter (24 percent) forecasting a double-digit increase."

"We are delighted to be positioned as a leader in Verdantix's Green Quadrant for EH&S software," said Gaurav Kapoor, Chief Operating Officer at MetricStream. He continued, "Increasing regulatory requirements such as EPA and OSHA, coupled with incidents such as the Deepwater Horizon oil spill, have highlighted the importance of ensuring safe work environments and sustainable businesses. MetricStream's solution addresses these needs by not only strengthening compliance with EH&S regulations, but also going beyond that to deliver intelligence around EH&S risks, support forecasting and decision-making, streamline the complete EH&S audit lifecycle, and effectively remediate incidents that arise."

The Verdantix Green Quadrant analysis was based on live product demonstrations, a 137-criteria assessment of suppliers, and interviews with an independent panel of 15 customers from across eight industries representing firms with revenues of $406 billion USD.

MetricStream is a provider of Governance, Risk, Compliance (GRC) and Quality Management Solutions for global corporations.

More information and complete details:

www.ComplianceOnline.com

www.metricstream.com.

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