Honeywell introduces Enterprise Performance Management Software for operations technology

Honeywell has announced that launching of 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 efficiency, effectiveness, 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.

Que Dallara, president and chief executive officer of Honeywell Connected Enterprise, says, “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. 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.

When fully deployed, Honeywell Forge for Buildings can 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.

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.