Built to inform

Sign up for the daily newsletters

No, Thank you

Honeywell says new Forge platform can cut building opex by 25%

Cloud-based enterprise performance management platform can be accessed 'from your favourite coffee shop', company VP says

Honeywell Forge for Buildings has been launched.
Honeywell
Honeywell Forge for Buildings has been launched.

American Fortune 100 technology company Honeywell has launched Forge, a cloud-based enterprise performance management software that it said would help the ways in which companies collect, analyse, and use data from their operations – and cut building operating expenses (opex) by 25%. 

In a statement, the firm said Honeywell Forge had been designed to incorporate cybersecurity features, and would “convert massive data quantities from equipment, processes, and people" into "actionable insights”.

Honeywell Connected Enterprise's president and chief executive officer, Que Dallara, said large enterprises around the world lacked “top-to-bottom visibility on their overall operation performance, and the ability to derive business intelligence from their disparate data sources”.

She added: “Their existing systems are disjointed and have shortcomings that slow growth and cut into profitability."

The company said that upon full deployment, Honeywell Forge for Buildings would "help reduce the operating expense of a building portfolio by up to 25% by providing visibility, monitoring, and control of all building systems and processes".

Honeywell Connected Enterprise's vice president and general manager for buildings, David Trice, said the "open, extensible, intelligent, and easy-to-use" programme would drive business growth through in-depth building data analyses. 

He added: "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.

"You can turn on a building in a day or less [with Forge] and review the operations of a building from anywhere – including your favorite coffee shop.”

Forge for Buildings is the first of the product lines that has been launched, with similar variants to be introduced in June and Q4 2019 for the industrial, aviation, inspection, and cybersecurity sectors.

Most popular

Awards

Construction industry conversations around digitisation must evolve
The Middle East construction industry’s approach to tech must evolve and focus on how can

Conferences

CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh
Meet the winners in all 10 categories and learn more about Vision 2030 in this
CW In Focus | Leaders in Construction Summit UAE 2019
A roundup of Construction Week's annual summit that was held in Dubai this September

Latest Issue

Construction Week - Issue 754
Nov 23, 2019