Honey well
                     Performance and Management

Introduction:

Company founded In 1906, Mark Honeywell founded the Honeywell Heating Specialty Company in Wabash, Indiana, to manufacture and market his invention, the mercury seal generator.
Honeywell has many brands that commercial and retail consumers may recognize, including its line of home thermostats (particularly the iconic round type) and Garrett turbochargers. In addition to consumer home products, Honeywell produces thermostats, sensors, security alarm systems, and air cleaners and dehumidifiers. The company also licenses its brand name for use in various retail products made by other manufacturers, including air conditioners, heaters, fans, security safes, home generators, and paper shredders.
Performance and management:
 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 Forge is designed to be quick and cost-effective to implement, with a hardware- and software-agnostic approach that allows for use of existing systems. Honeywell Forge leverages predictive analytics to help identify maintenance issues before they happen; enable workers to be more productive, proficient and safe; reduce costs; and increase productivity. The company is developing Honeywell Forge to incorporate the latest cybersecurity protections.
Large enterprises around the world consistently lack top-to-bottom visibility into how their operations are performing, and most lack the ability to derive business intelligence from their disparate data sources. Their existing systems are disjointed and have shortcomings that slow growth and cut into profitability,” said Que Dallara, president and chief executive officer of Honeywell Connected Enterprise. “Honeywell Forge can provide leaders of complex businesses with the visibility they need to transform their operations quickly and efficiently, at every level and with minimum disruption, enabling users to focus resources on innovation and achieving business objectives.”
More Efficient Building Management – Available Now
Honeywell 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.”
Honeywell Forge to Transform a Variety of Industries
The family of Honeywell Forge offerings will continue to expand across a wide range of sectors over the coming months:
  • Honeywell Forge for industrials (launching in June) monitors process performance and leverages digital twins to help optimize production and increase throughput;
  • Honeywell Forge for Airlines (launching in June) provides insights and analytics to help save airlines money;
  • Honeywell Forge for Inspection Rounds (launching in June) digitizes the deskless worker and helps improve efficiency, productivity and compliance; and
  • Honeywell Forge Cybersecurity (launching in the fourth quarter) helps protect critical operations from ever-evolving cyber threats.

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