CW In Focus | Honeywell's building security trends for 2019 and beyond
American Fortune 500 firm says than 70% of building- and city-focused GCC firms set to increase digitisation spending
Technology is playing a key role in the development of smart cities, and American Fortune 500 firm Honeywell's IIoT Market Spotlight – UAE and Saudi Arabia report reveals that more than 70% of medium- to large-sized organisations in the GCC's buildings- and city-focused sectors are expected to spend more on digitisation and industrial internet of things (IIoT) technologies in the next five years.
In this video, vice president and general manager of Honeywell Building Technologies in the Middle East, Turkey, and Africa, George Bou Mitri, explains how IIoT, big data, and analytics are helping improve the safety, security, productivity, and energy efficiency of urban structures.
Mitri explains that the implementation of smart city initiatives has increased the appetite for investment in digital transformation, which has helped reduce operating and maintenance expenses and cut energy costs.
Construction Week In Focus is a twice-weekly bulletin of the Middle East's top news from the real estate development and contracting sectors. The series is hosted on Construction Week's YouTube channel, alongside weekly series published by its sister titles. The latter includes MEP Engineered by MEP Middle East, FM Live by facilities management Middle East, and Heavy Metal by PMV Middle East.
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Construction Week In Focus episodes are published each Sunday and Wednesday. Heavy Metal episodes are published on Mondays, and FM Live updates are presented on Tuesdays. MEP Engineered rounds off the week each Thursday. All videos are published at 4.30pm Dubai time.