Prometheus Group Acquires RiskPoynt

Leading Provider of Oil and Gas Barrier Health Solutions

Prometheus Group, a leading global provider of asset management operations and optimization software, announced the acquisition of RiskPoynt, a provider of risk management software.

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The daily management of critical safety elements is essential for avoiding costly and catastrophic incidents. RiskPoynt’s industry leading solutions visualize the barrier health of assets to enable the proactive management of incident mitigation activities. RiskPoynt allows operators to test mitigation scenarios, enabling organizations to enhance safety while optimizing resource allocation to achieve operational excellence.

“RiskPoynt and Prometheus Group are a natural fit,” says Eric Huang, CEO of Prometheus Group. “Both organizations have designed solutions with two key goals in mind – increasing the safety of maintenance personnel and improving plant operations by making data readily available.”

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“At RiskPoynt, we share Prometheus Group’s mission to help organizations protect their employees and maximize their efficiency,” says Tim Perman, CEO, RiskPoynt. “Our teams share a deep knowledge of the risk management space. By incorporating RiskPoynt’s solutions into the Prometheus Platform, we will expand and enhance the solutions and safety measures available to our customers.”

Prometheus Group’s platform integrates all enterprise asset management software from planning and scheduling to safe work systems. The company is trusted by the largest asset-intensive organizations spanning oil and gas, chemical, pulp and paper, mining and metals, food and beverage, and utilities industries across the globe.

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