HONEYWELL SPOTLIGHTS DIGITAL TRANSFORMATION AND INDUSTRIAL INTERNET OF THINGS AT 40th ANNUAL INDUSTRIAL CUSTOMER CONFERENCE

Honeywell Announces Collaboration with Intel Security McAfee

 to Bolster Industrial Cyber Security Offerings

HOUSTON, July 2, 2015 – More than 1,200 people, representing many of the world’s leading industrial manufacturing companies, attended Honeywell’s largest annual customer gathering last week in San Antonio, Texas. The event marked the 40th anniversary of the Honeywell Users Group (HUG) Americas symposium.

The symposium celebrated the advances made in the world’s process automation industry with its theme “40 Years of Innovation,” while focusing most of its sessions on future direction, innovations and strategies to manage operations more efficiently in the face of various business challenges including industrial cyber security. During the event, Honeywell also announced a new collaboration with Intel Security McAfee which will expand its industrial cyber security capabilities to help defend customers from the increasing threat of cyber attacks.

“The process manufacturing industries are facing a critical time in history due to a convergence of factors such as security threats, a shrinking workforce and lower oil prices, among others,” said Vimal Kapur, president of Honeywell Process Solutions (HPS). “These factors are driving a greater need for our technologies and services because they’re designed to help companies conduct operations more efficiently, and with less risk.”

The conference revolved around three core technology themes directly impacting companies’ abilities to successfully adapt to changing market conditions: digital transformation and smart operations, system evolution and risk reduction, and smart instrumentation with smart integration. Throughout the week, Honeywell executives, technology experts and customers explained how these core areas can turn technology buzzwords like Big Data and Industrial Internet of Things (IoT) into practical applications.

“HPS has been leveraging the concepts and technologies behind the Industrial IoT as part of the vision that we have been evolving towards for several years,” Bruce Calder, HPS chief technology officer told general session attendees. “In order to run a reliable operation that continues to improve performance and business results, you will need to install smarter field devices, achieve more connectivity, collect more data and find ways to use that data to run a smarter operation.”

Calder also gave attendees a first look at HPS’ first native app for mobile devices and tablets that connects to different sources and applications across the company’s portfolio to create a more-intuitive mobile experience for plant workers. Mobility is part of the initiative to introduce a suite of apps that, along with new cloud functionalities, will enhance existing solutions to deliver better business efficiencies.

The conference agenda included a wide range of presentations from Honeywell customers ExxonMobil, Chevron, Reliance, DuPont, Great River Energy, Syngenta, Genentech, Valero and others. These presentations – covering everything from wireless applications and cost-effective control system migrations, to alarm management and energy conservation – highlighted how real-world manufacturers have used Honeywell technology to streamline their businesses by generating and analyzing the most-meaningful data from their operations.

In addition to these presentations, attendees received a first-hand look at some of Honeywell’s newest technologies designed to change the way their enterprises work, generate the right data to inform decisions, and reduce overall risks. Highlighted technologies included:

  • UniSim® Competency Suite – the newest addition to the UniSim family of training technology, which now includes 3D virtual environment capabilities to provide realistic experiences.
  • DynAMo Alarm and Operations Suite – software that leverages more than 20 years of alarm management experience in the process industries to help users reduce overall alarm count by as much as 80 percent, identify maintenance issues and increase visibility of critical alarms that require urgent attention.
  • Honeywell Industrial Cyber Security Risk Manager – the first digital dashboard designed to proactively monitor, measure and manage cyber security risk for process control systems.
  • SmartLine® Level Transmitter – the newest addition to Honeywell’s line of modular, smart field instrumentation designed to integrate with control systems to provide benefits such as extended diagnostics, maintenance status displays, transmitter messaging and more.
  • The EC 350 PTZ Gas Volume Corrector – the first member of a new line of high-performance electronic volume correctors (EVCs) that more accurately measure natural gas delivered to industrial customers, helping them meet government and industrial standards.

For more information, please visit www.honeywellusersgroup.com, or www.honeywellprocess.com.

 

Honeywell Process Solutions (www.honeywellprocess.com) is a pioneer in automation control, instrumentation and services for the oil and gas; refining; pulp and paper; industrial power generation; chemicals and petrochemicals; biofuels; life sciences; and metals, minerals and mining industries. Process Solutions is part of Honeywell’s Performance Materials and Technologies strategic business group, which also includes UOP, a leading international supplier and licensor of process technology, catalysts, adsorbents, equipment, and consulting services to the petroleum refining, petrochemical, and gas processing industries.

 

Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes, and industry; turbochargers; and  performance materials.  For more news and information on Honeywell, please visit www.honeywellnow.com.

 

This release contains certain statements that may be deemed “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.

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