Baker Engineering and Risk Consultants, Inc.

Engineering Risk Management Consultingbakerrisk.com

BakerRisk, founded in 1984, is an employee-owned engineering consultancy providing risk management solutions—including proprietary software, full-scale testing, and consulting—to high-hazard industries such as oil and gas, petrochemical, defense, and low-carbon energy across 75+ countries.

Company typePrivate
Founded1984
HeadquartersSan Antonio, United States
Headcount101–250
GTM typeB2B
OfferingServices

What Baker Engineering and Risk Consultants, Inc. does

BakerRisk, founded in 1984 and headquartered in San Antonio, Texas, is an employee-owned engineering consultancy specializing in risk management for high-hazard industries. The company serves clients across oil and gas, petrochemical, refining, defense, low-carbon energy, insurance, and regulatory sectors in 75+ countries, drawing on 200+ technical experts across eight global offices including the US, UK, Egypt, Canada, and UAE. Its target customers are operators of high-consequence assets—refineries, offshore platforms, chemical plants, defense systems, and infrastructure—where fire, explosion, and toxic hazards require specialized risk quantification, safety engineering, and incident investigation.

The company's core offerings span four revenue streams: (1) professional consulting services including process safety management, insurance risk engineering, incident investigation, and training delivered through the BakerRisk Learning Center; (2) a proprietary software suite of eight tools (SafeSite3G, QRATool, HACTool, PHA-Tool, F&GTool, FireHAT, CATree, MaxLoss) licensed on 3/6/12 month terms; (3) engineered physical products including FORTRESS blast-resistant buildings and SAFE enclosures; and (4) joint industry research programs, notably the Explosion Research Cooperative (ERC, since 1993) and the Active Fire Joint Industry Project (A&F JIP, since 2020). Underlying capabilities rest on two large-scale physical test facilities—the 160-acre West Explosion Test Facility (WEBTF) in La Vernia, TX and the 2,300-acre Box Canyon Test Facility in Uvalde, TX—equipped with shock tubes, vapor cloud explosion test pads, and asset reaffixation infrastructure that few competitors can replicate.

The business model combines professional services (hourly/project-based consulting), recurring software licensing, product sales (FORTRESS/SAFE), and multi-year research consortium fees from JIP sponsors. Go-to-market is predominantly direct enterprise sales supplemented by thought leadership at industry conferences, webinars, and conferences. Long-tenured client relationships (e.g., ExxonMobil since 2010) and JIP sponsorship lock-in provide revenue stability, while the employee-owned structure aligns technical talent retention with long-term capability investment.

Baker Engineering and Risk Consultants, Inc. firmographics

Firmographics

Name: Baker Engineering and Risk Consultants, Inc.
Legal name: Baker Engineering and Risk Consultants, Inc.
Website: https://bakerrisk.com
Company type: Private
Founded year: 1984
Operating status: Operating
Headcount range: 101–250 employees
Short description: BakerRisk, founded in 1984, is an employee-owned engineering consultancy providing risk management solutions—including proprietary software, full-scale testing, and consulting—to high-hazard industries such as oil and gas, petrochemical, defense, and low-carbon energy across 75+ countries.
Ownership category
akta.pro rank

Baker Engineering and Risk Consultants, Inc. industry classification

Industry

Product category: Engineering Risk Management Consulting
NAICS: Engineering Services (541330), Testing Laboratories and Services (54138), Management, Scientific, and Technical Consulting Services (5416)
SIC: Services-Engineering Services (8711), Services-Testing Laboratories (8734)
akta.pro primary industry: Reliability, Safety & Risk Engineering (RAMS/PSM) Consulting (BPAHAIAK)
akta.pro secondary industry: Fire & Life Safety Code Compliance Inspections & Consulting (AHJ Support) (BPABAHAJ)

Keywords

Process safety consulting
Quantitative risk assessment
Incident investigation services
Explosion protection engineering
Blast-resistant structures

Where Baker Engineering and Risk Consultants, Inc. is headquartered

Location

Headquarters

HQ city: San Antonio
HQ country: United States
HQ region: North America

Offices7 records

Markets served

Baker Engineering and Risk Consultants, Inc. business model

Business model

GTM type: B2B
Offering type: Services
Cost components: Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

Risk Management Consulting Services: BakerRisk provides comprehensive risk engineering consulting services including process safety, structural and blast effects engineering, incident investigations, quantitative risk assessments, and facility siting studies. These professional services represent the core revenue stream.
Software Licensing: BakerRisk licenses proprietary software tools including SafeSite3G©, QRATool©, HACTool©, PHA-Tool©, F&GTool©, FireHAT©, CATree©, and MaxLoss©. Software licenses are available in 3, 6, or 12 month terms with renewal options.
Training and Education: BakerRisk Learning Center offers professional training courses in risk management, process safety, incident investigation, and specialized technical topics. Revenue generated from course registrations and certifications.
Research Programs (ERC, A&F JIP): BakerRisk manages joint industry research programs including the Explosion Research Cooperative (ERC) and Ammonia and Fertilizer JIP, funded by participating member companies. These programs provide ongoing research revenue and client engagement.

Pricing tiers

Model	Billing	Price
One time/ perpetual license	Multi-year contract	TUV Rheinland Functional Safety Engineer Course
Subscription	Multi-year contract	PHA-Tool© Software License
Subscription	Multi-year contract	BakerRisk Software License Agreement

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Baker Engineering and Risk Consultants, Inc. product offering

Product offering

Core offering

BakerRisk provides engineering and risk management consulting services for high-hazard industries, including process safety management, quantitative risk assessments, incident investigations, explosion and blast effects engineering, facility siting studies, and full-scale physical testing at dedicated test facilities. The firm complements its consulting services with a proprietary software suite (SafeSite3G, QRATool, HACTool, PHA-Tool, F&GTool, FireHAT, CATree, MaxLoss), physical hazard-protection products (FORTRESS blast-resistant buildings and SAFE enclosures), joint industry research programs, and professional training through the BakerRisk Learning Center.

Product overview

BakerRisk offers a portfolio of proprietary risk management software tools complemented by engineering consulting services and research programs. The software suite includes SafeSite3G© (process safety management), QRATool© (quantitative risk assessment), HACTool© (hazardous area classification), PHA-Tool© (process hazard analysis), F&GTool© (fire and gas detection mapping), FireHAT© (fire hazard analysis), CATree© (cause analysis), and MaxLoss© (maximum loss determination). These software products operate under software license agreements with terms of 3, 6, or 12 months. The company also provides physical products including FORTRESS blast-resistant buildings and SAFE™ hazard containment enclosures. BakerRisk's services span testing and performance validation, process safety management, insurance risk engineering, incident investigation, and professional training through the BakerRisk Learning Center. Research initiatives include the Explosion Research Cooperative (ERC, est. 1993) and the Ammonia and Fertilizer Joint Industry Program (A&F JIP, est. 2020). The company operates two major Texas test facilities: the 160-acre Wilfred E. Baker Test Facility in La Vernia, TX and the 2,300-acre Box Canyon Test Facility near Uvalde, TX.

Differentiator

Problem solved

Functional benefit

Brands

FORTRESS: Blast-resistant buildings and structural solutions for site personnel safety.
SafeSite3G©
QRATool©
HACTool©
PHA-Tool©
F&GTool©
FireHAT©
CATree©
MaxLoss©
Explosion Research Cooperative (ERC)
Ammonia and Fertilizer Joint Industry Program (A&F JIP)

Products and services

SafeSite3G©
QRATool©
HACTool©
PHA-Tool©
F&GTool©
FireHAT©
CATree©
MaxLoss©
FORTRESS Blast-Resistant Buildings
SAFE™ Enclosures
Testing and Performance Validation Services
Process Safety Management Services
Insurance Risk Engineering
Incident Investigation Services
Explosion Research Cooperative (ERC)
Ammonia and Fertilizer Joint Industry Program (A&F JIP)
BakerRisk Learning Center

Quantifiable outcome

Over 75 countries served on 6 continents with offices in 5 countries
+4 more outcomes

Companies that use Baker Engineering and Risk Consultants, Inc.

Customer profile

Named customers7 records

Segments6 records

Ideal customer profiles3 records

Baker Engineering and Risk Consultants, Inc. technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Integration1 record

Feature8 records

Baker Engineering and Risk Consultants, Inc. partnerships and signals

Strategic signal

Partnerships

Seven partnerships are on record, tiered major and core.

ENPPImajorStrategic or Co-development Partner · 17 June 2025Memorandum of Understanding signed June 17, 2025 to strengthen technical collaboration in risk management and engineering. Areas include incident investigation, hazard analysis, process safety studies, asset integrity management, project management consultancy, and engineering consultancy. Aimed at supporting Egypt's energy sector and expanding throughout Middle East and North Africa.
Haines Fire and Risk ConsultingmajorStrategic or Co-development Partner · 1 January 2025Acquisition effective January 1, 2025. Haines specializes in fire protection engineering, water supply analysis, emergency response planning, and fire/explosion investigations. Haines staff (155+ years combined experience) integrated into BakerRisk Fire Protection division. Equipment sales/testing side formed new subsidiary HFRC led by Stephen Haines.
GASCOmajorStrategic or Co-development Partner · 1 January 2024Memorandum of Understanding for joint training courses to be offered at GASCO headquarters in Cairo, Egypt starting October 2025. Courses cover energy efficiency, decarbonization, and operational excellence disciplines with certification upon completion.
Hydrogen Safety and Testing GroupcoreStrategic or Co-development Partner · 1 January 2020Group created in 2020 to address climatic changes by assisting companies develop framework to build and operate secure facilities managing low-carbon energy sources including hydrogen. Currently developing multiple hydrogen testing programs.
Explosion Research Cooperative (ERC)coreStrategic or Co-development PartnerJoint industry research program started by BakerRisk in 1993. Funded by petrochemical, refining, and chemical companies. Research focuses on explosion hazard prediction, structural damage, injury models, and blast mitigation. Participants include Valero, TotalEnergies, Suncor, Shell, Saudi Aramco, Phillips 66, Oxy, Motiva, Lyondellbasell, FM Global, ExxonMobil, Eastman, DuPont, Corteva, Dow, ConocoPhillips, Chevron, Cheniere, Chemours, BP, Air Products, Koch. Pooled funds provide 20x+ return in research value.
Ammonia and Fertilizer Joint Industry Program (A&F JIP)coreStrategic or Co-development PartnerLaunched April 2020 to investigate damage and failure mechanisms of equipment in ammonia and fertilizer services. Members include Simplot, BASF, Koch Fertilizer, CVR Energy, LSB Industries, Nutrien, Fatima Group, OCI, Incitec Pivot Limited, ORICA. Focus on mechanical integrity, reliability, and emerging ammonia hazard challenges.
AIChE / Center for Chemical Process Safety (CCPS)coreStrategic or Co-development PartnerBakerRisk professionals serve on CCPS Technical Steering Committee and participate in AIChE conferences and Global Congress on Process Safety. CCPS membership supports access to industry best practices and standards development.

Scale indicators12 records

Recent moves9 records

Expansion highlights5 records

Baker Engineering and Risk Consultants, Inc. competitors and assessment

Company assessment

Direct peers

ABS Group: ABS Group provides risk and reliability engineering, safety, and integrity management services to oil & gas, marine, and process industries. It directly competes with BakerRisk in process safety, risk assessment, and incident investigation consulting.
Jensen Hughes: Jensen Hughes is a global leader in fire protection engineering, forensic engineering, and risk-based safety consulting. Following the Haines Fire and Risk Consulting acquisition, BakerRisk directly competes with Jensen Hughes in fire protection and insurance risk engineering.
Exponent: Exponent provides engineering and scientific consulting with deep capabilities in failure analysis, risk assessment, and incident investigation. It competes with BakerRisk in incident investigation, materials/forensics, and quantitative risk analysis for high-hazard industries.
Gexcon: Gexcon specializes in explosion and fire safety consulting, consequence modeling (FLACS CFD), and laboratory testing. It is highly comparable to BakerRisk's testing, VCE, and explosion modeling practices, including proprietary software and full-scale testing facilities.
ioMosaic: ioMosaic is a process safety and risk management consulting firm offering PHA, LOPA, QRA, and process safety management services. It directly overlaps BakerRisk's process safety consulting and PHA-Tool-type software offerings.

Broad incumbents

DEKRA (Process Safety / Chilworth): DEKRA is a large global testing, inspection, and certification organization that, through Chilworth, provides process safety and explosion protection consulting. It competes with BakerRisk in process safety and dust/explosion testing as part of a broader TIC portfolio.
TÜV Rheinland: TÜV Rheinland is a global testing and certification body offering Functional Safety (IEC 61508/61511) certification programs that BakerRisk licenses for training. It is a broader incumbent TIC player with overlapping functional safety and process safety capabilities.
Ramboll: Ramboll is a global engineering, consulting, and architecture firm with a strong process safety and risk management practice serving oil & gas, chemicals, and energy clients. It competes with BakerRisk in large-scale engineering risk mandates as part of a broader portfolio.
ERM (Environmental Resources Management): ERM is a global sustainability and risk consulting firm with a process safety and asset integrity practice serving chemicals and oil & gas. It is a broader incumbent that overlaps with BakerRisk on risk assessment and PSM consulting for industrial clients.

Emerging players

StoneHouse Process Safety: StoneHouse Process Safety is a focused process safety consulting firm offering PHA/LOPA, incident investigation, and PSM services. It is a smaller, niche competitor compared to BakerRisk but addresses overlapping process safety consulting needs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Baker Engineering and Risk Consultants, Inc. compliance and trust

Trust signal

Compliance6 records

Baker Engineering and Risk Consultants, Inc. financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Baker Engineering and Risk Consultants, Inc. leadership team

Management profile

Number of profiles

Profiles4 records

Baker Engineering and Risk Consultants, Inc. subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Baker Engineering and Risk Consultants, Inc. funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Baker Engineering and Risk Consultants, Inc. M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Baker Engineering and Risk Consultants, Inc.

What does Baker Engineering and Risk Consultants, Inc. do?

Is Baker Engineering and Risk Consultants, Inc. a public or private company?

Baker Engineering and Risk Consultants, Inc. is a private company. It is classified as management employee owned and is currently operating.

When was Baker Engineering and Risk Consultants, Inc. founded?

Baker Engineering and Risk Consultants, Inc. was founded in 1984. It employs 101 to 250 people.

Where is Baker Engineering and Risk Consultants, Inc. based?

Baker Engineering and Risk Consultants, Inc. is headquartered in San Antonio, United States, in the North America region.

How does Baker Engineering and Risk Consultants, Inc. make money?

Four revenue lines are on record. Risk Management Consulting Services are the primary driver. The others are software Licensing, training and Education and research Programs (ERC, A&F JIP).

Who are Baker Engineering and Risk Consultants, Inc.'s main competitors?

Direct peers on record are ABS Group, Jensen Hughes, Exponent, Gexcon and ioMosaic. Broad incumbents are DEKRA (Process Safety / Chilworth), TÜV Rheinland, Ramboll and ERM (Environmental Resources Management). StoneHouse Process Safety is listed as an emerging player.

Does Baker Engineering and Risk Consultants, Inc. have an API?

No public API is recorded for Baker Engineering and Risk Consultants, Inc..

What industry is Baker Engineering and Risk Consultants, Inc. in?

Baker Engineering and Risk Consultants, Inc.'s product category is Engineering Risk Management Consulting. Its primary akta.pro industry code is BPAHAIAK, Reliability, Safety & Risk Engineering (RAMS/PSM) Consulting, with a secondary code of BPABAHAJ, Fire & Life Safety Code Compliance Inspections & Consulting (AHJ Support). Its NAICS code is 541330 and its SIC code is 8711.