In asset-intensive sectors like oil and gas, offshore wind and chemical manufacturing, inconsistency in pipe and valve specifications remains a persistent challenge. It is a problem that goes far beyond inconvenience as it introduces operational risk, creates inefficiencies in procurement, and exposes organisations to potential compliance and safety failures.
We are proud that Verdantix, an independent analyst firm, has recognised this critical issue, and Presight Solutions’ proactive response to it with asset integrity software PipeSpec, in their recent industrial safety research.
A Widespread Industry Pain Point
Verdantix’s global corporate survey reveals that more than half of industrial firms rank the standardisation of plant-level process safety management (PSM) practices as a top priority. Among the most urgent needs is the consolidation and control of piping and valve specifications, which often suffer from versioning issues, siloed systems, and inconsistent documentation.
Without a centralised, standardised approach, organisations risk incorrect component selection, costly rework, and misaligned collaboration between operators, contractors, and suppliers.
PipeSpec
Presight Solutions been for decades building operational risk management (ORM) software solutions that improve operational risk management across high-hazard industries. PipeSpec , an asset integrity software, is our dedicated response to this specification challenge. It is developed in close collaboration with Equinor, and now used by companies including OKEA and Vår Energi.
PipeSpec streamlines the entire lifecycle of pipe and valve specifications:
- Ensuring clarity with robust revision tracking and status control
- Simplifying updates through intuitive workflows
- Enabling accurate and consistent data across teams and systems
- Creating a shared reference point for all stakeholders
The result is a tool that not only simplifies specification management but also reduces the risks associated with incorrect or outdated data. In operations and maintenance, where every decision counts, access to verified specification data can significantly reduce downtime and support safer, more cost-efficient operations.
Built for Collaboration and the Future
As Verdantix notes, strengthening collaboration across the supply chain is a growing priority for industrial firms. PipeSpec facilitates this by offering a common language and single source of truth — whether you’re an operator, contractor, or supplier.
It’s a practical tool for building trust, improving coordination, and reducing costly miscommunications.
We are Grateful for the Recognition
We appreciate Verdantix for highlighting our work in advancing safe, standardised practices in the industry. For those looking to strengthen process safety, reduce inefficiencies, and gain better control over specifications PipeSpec offers a proven, scalable asset integrity solution. Click here to book a demo with us: Demo – Presight Solutions AS -Click to request a free demo with us.
Explore the full analysis and learn more about how PipeSpec supports safer, more reliable operations by visiting Verdantix’s industrial safety research.
