Honeywell CEO Highlights AI Demand Ahead of Company Split

Honeywell Forge Platform:

• Type: Cross-industry IoT platform delivering AI-driven applications and digital services.
• Core Functionality: Monitors people, processes, and assets in manufacturing environments; offers modules for performance tracking and anomaly detection to reduce unplanned downtime.
• AI Engine: Powers data-driven decision-making and process automation across the Forge suite, processing massive datasets to uncover actionable insights and automate anomaly detection.
• Key Features: Real-time monitoring, equipment maintenance, reporting and analytics, compliance management, supply chain management, product lifecycle management (PLM), collaboration tools, alerts/notifications, cost tracking and analysis, and production planning and scheduling.
• Connectivity: Protocol-agnostic connectivity supporting various communication protocols like BACnet, Modbus, OPC UA, and proprietary protocols for integrating legacy and modern building/industrial equipment.
• Data Handling: Sensor data normalization transforms raw data from disparate sensors into a unified data model for consistent interpretation.
• Edge Processing: Utilizes edge gateways or controllers for local data aggregation, filtering, and pre-processing to reduce latency and optimize bandwidth.
• Security: Implements secure communication channels (e.g., TLS 1.2/1.3) for data transmission and offers built-in cybersecurity features including assessments, software for infrastructure security, monitoring, and incident response.
• Integration: Direct interfaces and drivers for integrating with Industrial Control Systems (ICS), Distributed Control Systems (DCS), Supervisory Control and Data Acquisition (SCADA) systems, and Programmable Logic Controllers (PLCs).
• Analytics: Enhances traditional performance analysis with descriptive, predictive, and prescriptive analytics, using data-driven algorithms to forecast equipment failure and provide real-time recommendations.

Experion Operations Assistant:

• Type: AI-powered solution for industrial operators.
• Foundation: Built on Honeywell's flagship distributed control system, Experion PKS.
• Capabilities: Merges historical data with real-time operational insights to forecast and respond to potential critical scenarios, aiming to minimize unplanned downtime.
• Performance (Pilot Phase): Made predictions an average of 5-10 minutes before alarm incidents would have occurred, enabling proactive corrective actions.

AI Assistant for Mobile Computing Platforms:

• Type: AI assistant for frontline workers in retail and logistics.
• Technology: Leverages machine vision and agentic AI.
• Features: Includes inventory search (finding items, suggesting alternatives), and product identification (rapidly identifying products, parts, or faults using natural language and camera input).
• Hardware Integration: Compatible with devices like the Honeywell CT70 mobile computer, which features a Qualcomm Dragonwing™ Q-6690 processor, an AI processor, and Wi-Fi 7.

Smart Shopping Platform:

• Collaboration: Developed with Google Cloud and 66degrees.
• AI Technologies: Leverages Google's Gemini and Google Cloud's Vertex AI platform.
• Purpose: Transforms in-store shopping by helping shoppers locate products, compare items, and find substitutions, creating a seamless connection between digital data and the physical store.
• Hardware: Built on Honeywell's Mobility Edge™ hardware and software platform.