Verdantix has just published a report on how product leaders need to change their PSM product strategy by 2028. The report focuses on how customer needs and preferences are evolving, while also providing information on the characteristics and structure of the competitive landscape for process safety solutions.

Buyer preferences are shifting towards real-time decision-making, with PSM buyers seeking a real-time view of risks and a centralised view that consolidates data across different silos to provide a holistic overview of risk. Verdantix explains that this is important to ensure that all process safety teams work from the same up-to-date information. In addition, the report highlights integration as an important functionality, enabling PSM software to connect with external systems. Verdantix further explains that this integration creates a single source of truth, which the report identifies as a high priority among corporate survey respondents and buyers of PSM software.

Furthermore, Presight is mentioned as a specialist PSM software provider with dedicated functionality that provides a level of depth beyond broader platforms. Although a common frustration among EHS professionals is that specialist solutions can operate as standalone systems, this makes integration with other tools even more important.

We are proud that Presight Barrier Management has been recognised as specialist software. Presight Barrier Management provides real-time monitoring while integrating with other tools and systems to create a single source of truth. At the same time, it gives operators and process safety teams the decision-making tools they need for safer operations.

Click here to read the report: How Product Leaders Need To Change Their PSM Product Strategy By 2028