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Honeywell Forges IoT Platform for Building, Industry

Print Article Contributed by BSM Staff

MORRISTOWN, NJ – Honeywell, a Fortune 100 technology company that delivers industry specific solutions that include control technologies for buildings and industry, has launched a new category of software, Enterprise Performance Management for Operations Technology, that will improve the way a variety of companies collect, analyze and act on data from their operations.

The software solution, called Honeywell Forge, will leverage the company's more than 100 years of expertise in asset and process control technology and will transform the way work gets done by owners and operators of buildings, airlines, industrial facilities and other critical assets and infrastructure.

Honeywell Forge converts massive quantities of data from equipment, processes and people into intuitive, actionable insights that enable monitoring of enterprise operations from a single screen. In turn, this helps customers optimize the efficiency, effectiveness and safety of their business.

Honeywell also announced the wide availability this week of Honeywell Forge for Buildings, which is intended to revolutionize the management of building portfolios by helping business owners and operators decrease operating expenses, improve energy consumption and manage space optimization across an entire building portfolio while also enhancing the individual occupant experience.

"Buildings house incredible and powerful data on the performance and usage of the building; however, if that data is difficult to access, interpret or use for meaningful insights, it doesn't help drive a customer's business. We are transforming building operations via enterprise software that allows owners and operators to get more out of their building data in order to drive significant business results," said David Trice, vice president and general manager, Honeywell Connected Enterprise, Buildings.

"Honeywell Forge for Buildings is open, extensible, intelligent and easy to use. You can turn on a building in a day or less and review the operations of a building from anywhere – including your favorite coffee shop."

Currently, many building portfolio owners have multiple disconnected systems in each building. Often these systems do not communicate with and are not compatible with each other, leading to manual maintenance, data trapped in proprietary systems, disconnected teams and systems, over- or underutilized space, and poor occupant experience. More than 90 percent of building management decision makers surveyed1 agree that a better enterprise management system can help improve resource management, avoid unplanned downtime and provide enhanced predictive information to make facilities safer and more secure.

When fully deployed, Honeywell Forge for Buildings aims to help reduce the operating expense of a building portfolio by up to 25 percent by providing visibility, monitoring and control of all building systems and processes across an entire portfolio of buildings.

"With more than 50 buildings in our global property portfolio, implementing next-generation building management systems enables us to make sound strategic decisions that will deliver improved capacity and space management, more agility and increased energy efficiency," said Martin Frohock, head of facilities UK & EMEA, Arm, a multi-national semiconductor and software design company. "Honeywell Forge for Buildings easily integrates with other systems and allows us to gauge performance across the entire enterprise at any given time from a central location."

Honeywell technologies help everything from aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. 

For more news and information on Honeywell, go to www.honeywell.com/newsroom.








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