Latest news with #HoneywellForge
Scoop
11-06-2025
- Business
- Scoop
Honeywell Unveils AI-Powered Building Management Solution
Press Release – Honeywell AUCKLAND, 11 June 2025 – Honeywell (NASDAQ: HON) today announced the launch of Honeywell Connected Solutions, an AI-powered platform that integrates critical building software and technologies into a single interface to help enable more efficient operations. The platform's early adopters – Verizon Communications Inc. and Vanderbilt University – have already begun using the solution in their buildings. With Connected Solutions, which is built on Honeywell Forge, building operators can manage Honeywell software, systems and devices through one integrated interface. When a building or campus is fully connected, users gain comprehensive data and real-time visibility into how critical systems are operating alongside actionable insights on how to troubleshoot challenges that may arise. Users, which can include facility managers, multi-site operators and integrators, can connect to the platform quickly with an AI-enabled installation process that is completed in hours, dramatically reducing labour time, costs and disruption, compared to traditional building management systems. The solution also addresses the key issues facing buildings today through capabilities including: Advanced encryption to help safeguard against cyberthreats, Remote monitoring and diagnostics that help to reduce labour time and cost, Predictive maintenance prompts to spot and address issues before they escalate and Energy-management solutions supporting decarbonisation efforts. 'From aging buildings and rising downtime costs to skilled labour shortages and growing cyber guidelines, building owners and operators face a complex landscape of global trends that are constantly making operations more complex and costly. To address this, Honeywell's Connected Solutions allows building managers to link critical building software, technologies and devices together to streamline management and compliance and help protect uptime,' said Billal Hammoud, president and chief executive officer of Honeywell's Building Automation segment. After integrating Honeywell's Connected Solutions into some of its global footprint, Verizon is using the platform to help predict critical building and system issues before they become serious and costly. Vanderbilt University is also using Connected Solutions across its campus, with nearly 10 per cent of its buildings already adopting the technology. The university aims to enhance building system efficiency, reduce energy consumption and optimise the user experience, particularly in older facilities. 'Honeywell's Connected Solutions is an innovative platform offering the tools to use real-time data and AI-driven insights to help us optimise our buildings,' said Alex Kohnen, chief facilities officer, Vanderbilt University. 'We look forward to creating a better ecosystem for our students, faculty and staff.' For more information about Honeywell Building Automation, visit About Honeywell Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organisations solve the world's toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit
Scoop
11-06-2025
- Business
- Scoop
Honeywell Unveils AI-Powered Building Management Solution
Press Release – Honeywell Verizon and Vanderbilt University are early adopters of Honeywell's technology. AUCKLAND, 11 June 2025 – Honeywell (NASDAQ: HON) today announced the launch of Honeywell Connected Solutions, an AI-powered platform that integrates critical building software and technologies into a single interface to help enable more efficient operations. The platform's early adopters – Verizon Communications Inc. and Vanderbilt University – have already begun using the solution in their buildings. With Connected Solutions, which is built on Honeywell Forge, building operators can manage Honeywell software, systems and devices through one integrated interface. When a building or campus is fully connected, users gain comprehensive data and real-time visibility into how critical systems are operating alongside actionable insights on how to troubleshoot challenges that may arise. Users, which can include facility managers, multi-site operators and integrators, can connect to the platform quickly with an AI-enabled installation process that is completed in hours, dramatically reducing labour time, costs and disruption, compared to traditional building management systems. The solution also addresses the key issues facing buildings today through capabilities including: Advanced encryption to help safeguard against cyberthreats, Remote monitoring and diagnostics that help to reduce labour time and cost, Predictive maintenance prompts to spot and address issues before they escalate and Energy-management solutions supporting decarbonisation efforts. 'From aging buildings and rising downtime costs to skilled labour shortages and growing cyber guidelines, building owners and operators face a complex landscape of global trends that are constantly making operations more complex and costly. To address this, Honeywell's Connected Solutions allows building managers to link critical building software, technologies and devices together to streamline management and compliance and help protect uptime,' said Billal Hammoud, president and chief executive officer of Honeywell's Building Automation segment. After integrating Honeywell's Connected Solutions into some of its global footprint, Verizon is using the platform to help predict critical building and system issues before they become serious and costly. Vanderbilt University is also using Connected Solutions across its campus, with nearly 10 per cent of its buildings already adopting the technology. The university aims to enhance building system efficiency, reduce energy consumption and optimise the user experience, particularly in older facilities. 'Honeywell's Connected Solutions is an innovative platform offering the tools to use real-time data and AI-driven insights to help us optimise our buildings,' said Alex Kohnen, chief facilities officer, Vanderbilt University. 'We look forward to creating a better ecosystem for our students, faculty and staff.' For more information about Honeywell Building Automation, visit Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organisations solve the world's toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit
Scoop
11-06-2025
- Business
- Scoop
Honeywell Unveils AI-Powered Building Management Solution
AUCKLAND, 11 June 2025 – Honeywell (NASDAQ: HON) today announced the launch of Honeywell Connected Solutions, an AI-powered platform that integrates critical building software and technologies into a single interface to help enable more efficient operations. The platform's early adopters – Verizon Communications Inc. and Vanderbilt University – have already begun using the solution in their buildings. With Connected Solutions, which is built on Honeywell Forge, building operators can manage Honeywell software, systems and devices through one integrated interface. When a building or campus is fully connected, users gain comprehensive data and real-time visibility into how critical systems are operating alongside actionable insights on how to troubleshoot challenges that may arise. Users, which can include facility managers, multi-site operators and integrators, can connect to the platform quickly with an AI-enabled installation process that is completed in hours, dramatically reducing labour time, costs and disruption, compared to traditional building management systems. The solution also addresses the key issues facing buildings today through capabilities including: Advanced encryption to help safeguard against cyberthreats, Remote monitoring and diagnostics that help to reduce labour time and cost, Predictive maintenance prompts to spot and address issues before they escalate and Energy-management solutions supporting decarbonisation efforts. 'From aging buildings and rising downtime costs to skilled labour shortages and growing cyber guidelines, building owners and operators face a complex landscape of global trends that are constantly making operations more complex and costly. To address this, Honeywell's Connected Solutions allows building managers to link critical building software, technologies and devices together to streamline management and compliance and help protect uptime,' said Billal Hammoud, president and chief executive officer of Honeywell's Building Automation segment. After integrating Honeywell's Connected Solutions into some of its global footprint, Verizon is using the platform to help predict critical building and system issues before they become serious and costly. Vanderbilt University is also using Connected Solutions across its campus, with nearly 10 per cent of its buildings already adopting the technology. The university aims to enhance building system efficiency, reduce energy consumption and optimise the user experience, particularly in older facilities. 'Honeywell's Connected Solutions is an innovative platform offering the tools to use real-time data and AI-driven insights to help us optimise our buildings,' said Alex Kohnen, chief facilities officer, Vanderbilt University. 'We look forward to creating a better ecosystem for our students, faculty and staff.' For more information about Honeywell Building Automation, visit About Honeywell Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organisations solve the world's toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit
Techday NZ
11-06-2025
- Business
- Techday NZ
Honeywell launches AI building management for Australia, NZ
Honeywell has released a new AI-powered building management system now available in Australia and New Zealand, following pilot tests by Verizon in its global facilities. Platform features The system, called Connected Solutions, is designed to allow building operators and facility managers to control software, systems and devices through a single, integrated interface. It features energy-management tools aimed at supporting decarbonisation, advanced encryption for cybersecurity, and remote monitoring and diagnostics to lower labour requirements and costs. The platform also offers predictive maintenance prompts to help identify and resolve issues before they escalate. The launch of Connected Solutions comes as building owners contend with several industry challenges, including ageing facilities, increased costs from system downtime, shortages of skilled labour and tightening cybersecurity regulations. Honeywell says the new platform is intended to address these matters by bringing disparate building systems together under one interface. "From aging buildings and rising downtime costs to skilled labour shortages and growing cyber guidelines, building owners and operators face a complex landscape of global trends that are constantly making operations more complex and costly. To address this, Honeywell's Connected Solutions allows building managers to link critical building software, technologies and devices together to streamline management and compliance and help protect uptime," said Billal Hammoud, president and chief executive officer of Honeywell's Building Automation segment. Technology and integration Connected Solutions is built on Honeywell Forge, the company's industrial IoT platform. The platform enables managers, including facility and multi-site operators as well as integrators, to oversee all Honeywell-related systems using one dashboard. When deployed across a building or campus, the system provides comprehensive, real-time data about critical systems, along with guidance on troubleshooting and optimising operations. The installation process uses AI to speed deployment, reportedly allowing the system to be up and running within hours. Honeywell states this reduces both the time and disruption typically associated with installing building management systems, alongside reducing related labour costs. Security and sustainability In response to growing concerns about cyberthreats, Connected Solutions incorporates advanced encryption measures. Its remote diagnostic features aim to reduce onsite labour by allowing for offsite monitoring, while predictive maintenance helps address issues early in order to avoid service disruptions and more significant repair expenses. Connected Solutions also includes energy management functionalities designed to help organisations work toward decarbonisation goals. By monitoring and optimising building energy use through the platform, operators can target efficiency improvements and cost reductions. Industry adoption Early adopters of Connected Solutions include Verizon and Vanderbilt University. Verizon has begun using the platform within its facilities worldwide. According to Honeywell, Verizon is leveraging Connected Solutions to anticipate and address critical system issues before they grow into larger problems, aiming to reduce downtime and maintenance costs. Vanderbilt University has also integrated Connected Solutions into about 10 per cent of its campus buildings, choosing the platform to boost system efficiency, cut energy use and improve the occupant experience, particularly in older facilities. "Honeywell's Connected Solutions is an innovative platform offering the tools to use real-time data and AI-driven insights to help us optimise our buildings," said Alex Kohnen, chief facilities officer, Vanderbilt University. "We look forward to creating a better ecosystem for our students, faculty and staff." Honeywell's expansion of Connected Solutions into Australia and New Zealand follows feedback from early adopters and growing demand for tools that can manage increasingly complex building operations whilst addressing current challenges in energy use, labour and cybersecurity.
Yahoo
09-06-2025
- Business
- Yahoo
HONEYWELL COMPLETES ACQUISITION OF SUNDYNE TO EXPAND PROCESS INDUSTRY CAPABILITIES
$2.16 billion acquisition of Sundyne expands Honeywell's ESS product portfolio and aftermarket services, integrating critical equipment with automation and control systems powered by Honeywell Forge Sundyne brings approximately 1,000 skilled employees and significant aftermarket revenue generated from a large installed base Honeywell's global reach and strong customer relationships help accelerate market access and adoption of Sundyne's specialized products and services CHARLOTTE, N.C., June 9, 2025 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced the completion of its acquisition of Sundyne from private equity firm Warburg Pincus for $2.16 billion in an all-cash transaction. The acquisition of Sundyne—a leader in the design, manufacturing, and aftermarket support of highly-engineered pumps and gas compressors for process industries—is expected to be immediately accretive to Honeywell's sales growth and segment margins as well as to adjusted EPS in the first full year of ownership. Sundyne's deep customer relationships, best-in-class products and technology will unlock strategic growth potential for Honeywell UOP's value chains in refining and petrochemicals, liquefied natural gas (LNG) and clean and renewable fuels. Unified under the Honeywell Forge platform, the combined solution provides a scalable, full-spectrum approach that positions Honeywell as a leader in the energy transition. "Merging Sundyne's differentiated products with Honeywell's leading technology and R&D capabilities positions our business for significant growth," said Ken West, President and CEO of Honeywell's Energy and Sustainability Solutions (ESS) segment. "By enhancing our end-to-end process technology and critical equipment offerings, this acquisition allows us to provide improved solutions for our customers." The completion of this acquisition follows Honeywell's announcement of the planned spin-offs of its Aerospace Technologies and Solstice Advanced Materials businesses, which will result in three publicly listed industry leaders with distinct strategies and growth drivers. Since December 2023, Honeywell has announced a number of strategic actions to drive organic growth and simplify its portfolio, including $13.5 billion of accretive acquisitions. In addition to Sundyne, these acquisitions include: the Access Solutions business from Carrier Global, Civitanavi Systems, CAES Systems, the LNG business from Air Products and Johnson Matthey's Catalyst Technologies Business. Honeywell also completed the sale of its Personal Protective Equipment business to Protective Industrial Products last month. About HoneywellHoneywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act). Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes, or anticipates will or may occur in the future and include statements related to the proposed spin-off of the Company's Advanced Materials business into a stand-alone, publicly traded company and the proposed separation of Automation and Aerospace. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control. They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as lower GDP growth or recession, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K and other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time. Contacts:Media Investor Relations Stacey Jones Sean Meakim (980) 378-6258 (704) 627-6200 View original content to download multimedia: SOURCE Honeywell Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
