Overview

Sphera Advanced Risk Assessment (ARA) is a process safety and risk analysis platform designed to help organizations identify, assess and manage operational risks across complex industrial environments. The solution provides a centralized framework for conducting structured risk assessments, enabling consistent evaluation of hazards, controls and mitigation strategies across the organization. The platform delivers capabilities across key process safety methodologies, including process hazard analysis (PHA), hazard and operability studies (HAZOP), layer of protection analysis (LOPA) and bowtie risk modeling. These tools enable organizations to systematically identify hazards, evaluate safeguard effectiveness and analyze risk scenarios, supporting more informed decision-making and improved control over major accident risks. ARA centralizes risk data, workflows and knowledge libraries, allowing organizations to standardize risk assessments, track mitigation actions and ensure compliance with regulatory requirements. Advanced analytics and visualization tools provide a unified view of risk profiles and control effectiveness, enabling teams to monitor performance, prioritize actions and continuously improve safety outcomes. ARA is used by asset-intensive industries such as oil & gas, chemicals and manufacturing. It is designed for safety, engineering and risk teams seeking a comprehensive, methodology-driven approach to process safety management, helping organizations move beyond compliance toward proactive, data-driven risk management.

Category mapping

Operational Risk Management

Process Safety Management Software

Specifications

Solution details

Solution Type: Software
Platform Solution: Yes

Company details

Headquarters: Chicago, USA
Founded: 2016
Employees: 1,001–5,000 employees

Other solutions by Sphera

SpheraCloud Supply Chain Risk Management

by Sphera

Sphera Supply Chain Risk Management (SCRM) is a supply chain visibility, risk management, and supplier engagement platfo

View Solution

SpheraCloud Product Compliance

by Sphera

Sphera Product Compliance helps organizations manage complex product, substance and regulatory data to support product c

View Solution

SpheraCloud Life Cycle Assessment (LCA)

by Sphera

Sphera Life Cycle Assessment (LCA) is a software solution for evaluating the environmental impacts of products across th

View Solution

SpheraCloud Health and Safety Management

by Sphera

Sphera Health & Safety Management helps organizations consolidate safety data into a centralized view of safety performa

View Solution

SpheraCloud Environmental Compliance

by Sphera

SpheraCloud Environmental Compliance Software helps you simplify your emissions management and compliance for air, water

View Solution

SpheraCloud Corporate Sustainability

by Sphera

SpheraCloud Corporate Sustainability helps organizations consolidate sustainability and emissions data into a structured

View Solution

SpheraCloud Chemical Management

by Sphera

Sphera Chemical Management helps organizations manage chemical information and regulatory requirements across their oper

View Solution

Operational Compliance

by Sphera

Operational Compliance provides a unified platform for industrial safety and regulatory compliance. On the operational side, it manages high-risk activities through electronic Permit-to-Work (ePTW), Management of Change (MOC), and shift handover modules, ensuring hazardous operations are performed safely, within defined safety limits, and in compliance with regulatory licenses. In addition, the platform includes compliance solutions for EHS regulations, chemical/SDS management, and employee training, helping organizations maintain regulatory and operational compliance across their sites.

View Solution

Corporate Sustainability Consulting

by Sphera

Corporate sustainability strategy and implementation consulting services

View Solution

SpheraCloud Health & Safety Management and Control of Work

by Sphera

Software that provides a centralized digital tool that enables firms to control all aspects of contractors’ safety throu

View Solution